Cryptocurrency Exchange Today

Charts, Live Rates, Bitcoin, Ethereum, Dash, Bitcoin Cash

Bitcoin Litecoin Ripple Ethereum Crypto FX Report Monday 24th September 2018

Crypto FX Report Monday 24th September 2018

 

Cryptocurrency Market Analysis Report 24 September 2018

 

Bitcoin Market Update

Monday 24th September  Bitcoin price Markets began with a little drop to 6,612.94 representing a loss of -2.09% in the last 24 hours. More than $195 M worth of BTC were exchanged in the BTC/USD market representing a 15.6% share of the global daily volume. The BTC/JPY pair represents an 8.08% share.

Crypto FX Report Monday 24th September 2018

Crypto FX Report Monday 24th September 2018

 

LIVE CRYPTO RATES FOR TODAY

Name Price24H (%)
Bitcoin (BTC)
$3,251.48
0.83%
Ethereum (ETH)
$86.08
2.46%
XRP (XRP)
$0.288337
0.18%
Bitcoin Cash (BCH)
$79.96
0.54%
Litecoin (LTC)
$25.69
8.91%
Cardano (ADA)
$0.029098
2.94%
Monero (XMR)
$39.58
2.70%
Dash (DASH)
$64.26
9.67%
IOTA (MIOTA)
$0.229020
7.70%
NEM (XEM)
$0.060920
-0.31%

Ethereum Market Update

Ethereum Market Update  As for FX Rates for Ethereum,

Ethereum Market Update As for FX Rates for Ethereum

As for FX Rates for Ethereum, the charts are also running down on red with  price has dropped to $234.00 which represent 4.84% Drop over the past 24 hours and so far,  $135 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 14.72% market share of the daily trading volume.

Ripple Market Update

XRP (XRP)  As for FX Rates for Ripple, the charts are also running down on red with  price has dropped to $0.53 which represent –9.17% Drop over the past 24 hours

 

Other Crypto FX Report Monday 24th September 2018

 

Brazil’s Biggest Brokerage is Entering the Crypto Market

 

At a recent event in Sao Paulo, Grupo XP’s CEO Guilherme Benchimol announced that the firm is going to launch a Bitcoin and Ethereum trading exchange in the next few months, called XDEX. According to Benchimol, the reason that took the largest independent brokerage in Brazil to enter the crypto space was the fact that about 3 million citizens were exposed to Bitcoin, while only 600,000 invested in stocks. Benchimol stated:

READ  How to Make Money From Bitcoin Bubble

“I must confess, this is a theme I’d rather didn’t exist, but it does…We felt obligated to start advancing in this market”

Bitmain CEO Announces New 7nm Bitcoin Mining Chip

 

Last Friday, Bitmain’s CEO Jihan Wu, announced at the World Digital Mining Summit in Georgia a new mining chip that allegedly offers better hashing power and energy efficiency over old models, called BM1391. In accordance with an official blog post the mining chip was designed to mine cryptocurrencies using the SHA256 algorithm and uses an advanced semiconductor manufacturing technology called 7nm FinFET. Furthermore, Jihan Wu also revealed that Bitmain will soon launch a new generation of mining machines equipped with the BM1391 chip. Mr. Wu stated:

“The ASIC chip integrates more than a billion transistors and is optimized for maximum efficiency. Thanks to its unique circuit structure and low power technology, it is stable and more efficient. Tests have shown that the chip can achieve a ratio of energy consumption to the mining capacity that is as low as 42J/TH. Crypto FX Report Monday 24th September 2018

UNICEF France Now Accepts Donations in Bitcoin (BTC) and Other Major Cryptos

 

Last Tuesday, the United Nations Children’s Fund (UNICEF) has reportedly started accepting donations in nine major digital currencies. Currently, only UNICEF’s office in France is accepting crypto donations in Bitcoin, Bitcoin Cash, Ethereum, Ripple, Stellar, Monero, Litecoin, Dash, and EOS. Sébastien Lyon, the executive director at UNICEF France, stated:

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

“Cryptocurrency and blockchain technology used for charitable purposes offers a new opportunity to appeal to the generosity of the public and continue to develop our operations with children in the countries of intervention.”

READ  Cryptocurrency Price and Summery

iCoinbay Rolls Out Trading Premium Gain Plan

 

On August 31, 2018, iCoinbay released a new trading campaign entitled “Trading Premium Gain”; iCoinbay is a tokenized, community-based digital asset exchange. This new campaign allows traders who use the platform to increase their earnings through normal trading activities. According to publicly released information, the plan can be summarized as follows:

Issuance of TPG tokens worth 100% the value of transaction fees
According to their released “TPG White Paper”, iCoinbay thinks that users’ normal usage of the platform should count as a contribution to the community. With each transaction, a corresponding amount of the platform’s token, TPG, will be issued to the trader(s). Crypto FX Report Monday 24th September 2018

70% of exchange income distributed to TPG holders
As described in their white paper, holders of the platform’s TPG tokens have the right to income distribution. Each week, iCoinbay will distribute 70% of previous week’s income to community members, based on the proportion of TPG held.

Pioneer insurance system designed specifically to protect TPG value

The interesting part is that iCoinbay has also rolled out an insurance system. In order to better protect TPG holders from price fluctuations on the secondary market, iCoinbay’s campaign includes an insurance policy specifically made for TPG tokens. No matter how the market moves, after 100 days, holders of TPG will be able to exchange them for stablecoins at their originally issued price.

iCoinbay uses the theory of a token economy as the basis for their platform and develops each aspect of their business with three values in mind: joint development, joint success, and joint responsibility. Crypto FX Report Monday 24th September 2018

(adsbygoogle = window.adsbygoogle || []).push({});
READ  Blockchain & the football betting industry

Although tokens and blockchain are two different things, the driving force behind blockchain’s recent explosion in popularity has actually been the token economies that developed around Bitcoin, Ethereum, etc. Another way to put it is that blockchain is the stage for a new world, and tokens are the main actors on this stage. Based on this, iCoinbay is concentrating on building an exchange that allows community members to trade safely while using traditional financial measures (such as insurance) to protect the value of traded assets.

 

Crypto FX Report Monday 24th September 2018

Recent Posts

Updated: September 24, 2018 — 11:44 am

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Frontier Theme

So glad to see you sticking around!

Want to be the first one to receive the new stuff?

Enter your email address below and we'll send you the goodies straight to your inbox.

Thank You For Subscribing

This means the world to us!

Spamming is not included! Pinky promise.