Crypto FX rates for today May 25th May 2018
Crypto FX rates for today May 25th
Bitcoin and Ethereum weekend rates
Today is Friday, It has been an exciting week, though cryptocurrency dropped this week and we can see a slight increase today. Bitcoin price is sitting at $7,533.21 that is a small gain seen from 24 hours of trade of about 1.26% in the last 24 hours. More than $750 M worth of BTC were exchanged in the BTC/USD market
Ethereum Price in USD Today
Also, Ethereum follows Bitcoin slowly and gradually trading at a gain of 5.9% over the past 24 hours and is currently sitting at $606.585, with over $400 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 36.6% market share of the daily trading volume.
| Crypto Currency |
Price |
24H Changes |
|
Bitcoin (BTC)
|
7533.21
|
1.26% |
|
Ethereum (ETH)
|
606.585
|
5.9% |
|
Ripple (XRP)
|
0.620216
|
1.35% |
|
Bitcoin Cash (BCH)
|
1043.13
|
4.99% |
|
Litecoin (LTC)
|
121.188
|
1.94% |
|
Cardano (ADA)
|
0.203768
|
2.97% |
|
IOTA (MIOTA)
|
1.53693
|
5.15% |
|
Dash (DASH)
|
337.241
|
1.59% |
|
Monero (XMR)
|
168.376
|
2.51% |
|
NEM (XEM)
|
0.267919
|
2.92% |
Cryptocurrency Market Weekend Analysis Report 25 May 2018
Previously we reported that US Securities and Exchange Commision (SEC) announced a new initiative to educate investors about fraudulent ICOs. The regulator has launched its own ICO (HoweyCoin) with a complete website showcasing the ICO pre-sale, team and whitepaper. However, the HoweyCoin is fake and the users who try to participate in the sale are redirected to the SEC’s educational website, which reads:
LIVE CRYPTO RATES FOR TODAY
SEC Launches its Own Fake ICO to Warn Investors
“If You Responded To An Investment Offer Like This, You Could Have Been Scammed – HoweyCoins Are Completely Fake!” Crypto FX rates for today May 17th May 2018
Amazon has Partnered With Ethereum Studio ConsenSys’ Kaleido
Amazon has partnered with blockchain incubator ConsenSys, an Ethereum-based cloud platform. With this partnership, Amazon aims to make the blockchain technology more accessible to customers of Amazon Web Services allowing them to build and manage their own blockchain platforms in an easy way. The company stated:
“Introducing Kaleido to AWS customers is going to help customers move faster and not worry about managing blockchain themselves.”
Investment Platform Etoro Launches in the US
Last Tuesday, investment platform Etoro announced it’s expanding its services into the US market, starting with an offer of 10 cryptocurrencies. The company’s CEO, Yoni Assia, said:
“The launch will initially enable U.S.-based users to invest in 10 cryptocurrencies, with more to be added throughout 2018. Users will have access to a community feed and tools, letting them engage in conversations about cryptocurrencies and follow the investment strategies of other U.S. users.”
Ripple Launches Venture Capital Fund ‘Xpring’
Other Cryptocurrency market updates
"This is an inflection point for how trade is conducted. With blockchain, the need for paper reconciliation is removed because all parties are linked on the platform and updates are instantaneous."
BitGo Courts Wall Street With New Bitcoin Custody Products
Yesterday, U.S.A startup BitGo has unveiled a new suite of custodial services for cryptocurrencies aimed at customers and institutional investors. BitGo Head of Product Tracy Olson indicated that the launch of the new service is framing the company as a full spectrum provider of security solutions. Olson stated:
"We're definitely seeing a lot of bigger names interested in digital currencies. But there are other customers like smaller hedge funds, they just don't want to have to hold custody themselves. They're looking to have the security and compliance and storage solutions that they can outsource to, and that's what BitGo is really delivering."
Bitcoin price is sitting at $8,808 representing a loss of 5.85% and Ethereum price has dropped 6.97%
MVIS-CryptoCompare Index
The MVIS CryptoCompare Digital Assets 10 Index has closed at 7,941.70 with a gain of 0.61% for the day. Market Analysis Report 11 May 2018
Crypto FX Market Update
At the time of writing, the Bitcoin price is sitting at $8,808 representing a loss of 5.85% in the last 24 hours. More than $900 M worth of BTC were exchanged in the BTC/USD market representing a 27.3% share of the global daily volume. The BTC/JPY pair represents a 41.7% share.
Ethereum price has dropped 6.97% over the past 24 hours and is currently sitting at $708, with over $350 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 29.3% market share of the daily trading volume.
Telegram is Testing ‘Passport’ Facility for ID Verification
According to Russian media reports, Telegram has been testing a new service that will store users’ information and documents for verification purposes. The service is named as Telegram Portfolio and will be used to keep personal details and copies of IDs, banking statements, and utility bills to identify users on Telegram’s blockchain platform TON and prevent anonymous cryptocurrency payments. Market Analysis Report 11 May 2018
Huawei to Offer First Crypto Wallet App
According to Bloomberg, Chinese telecommunications firm and smartphone maker Huawei is partnering with BTC.com to roll out a mobile cryptocurrency app. BTC.com, owned by the Bitmain company tracks cryptocurrency mining and block information while also providing a digital wallet service. The BTC.com CEO, Alejandro de la Torre said that its new wallet application will be released on the Huawei's app store, AppGallery.
Hackers Temporarily Take Over Dash Core CEO’s Social Media Accounts
Yesterday, the Dash's network CEO Ryan Taylor saw hackers take over most of his social media accounts and use them to publish offensive content. Market Analysis Report 11 May 2018 according to a circulating email, the hackers also took over his SIM card. However, Taylor has already recovered his Twitter account and deleted the offensive content the hackers publish while in control. On a Twitter post, Taylor said:
"My Twitter account was obviously compromised today. The account is now back under my control and will verify that through the @dashpay account."
Read more here
Tutellus - The Platform that Pays you for Learning!
Another Market Analysis Report 11 May 2018 is on Tutellus.io is a global educational multilanguage platform one that pays users for learning. The 6 year's old company is the leading platform in the Spanish speaking world, holding over +1 million students and 130,000 video courses. We launched last yearTutellus.io, the decentralized and tokenized version of his platform, letting people earn money studying.
The classical educational industry is over. Studying is a painful process, it's expensive and it doesn't help people in the short term to get a better job. Tutellus is disrupting the industry introducing a tokenomics model that rewards users depending on how much they learn, creating new professionals and helping students to earn money through Education.
Tutellus was one of the first DApps to leave Ethereum in favour of NEM, a better-adapted blockchain for our tokenomics model. Now the company has started the preSales and ICO, with the vision to help people worldwide to live better, and anyone can participate in it. Market Analysis Report 11 May 2018
Be part of the project and let's improve the people's life through Education! Join now our pre-sale and get 20% bonus!
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Win $300 of Ethereum – Every Day until Sunday May 13th
DALLAS, TX – Organizers of the second Bitcoin, Ethereum, and Blockchain Super Conference (which is being held in September at Dallas) are running a special promotion. Every attendee who buys their ticket before 9:59pm each day will be put into a complimentary raffle, where one lucky winner will receive $300 of Ethereum transferred to their wallet immediately. (Considering that, on a typical day, ticket sales range from four to ten, the odds of winning stand at between 10% and 25%.) Market Analysis Report 11 May 2018
“I am stoked about Ethereum’s rally this past month”, said Mr. Jacobs. “Ethereum is up more than 700% year-on-year, and some insiders believe this number two crypto will blow right on past Bitcoin, straight into number one cryptocurrency status. As always, it pays to get in while the gettin’s good, so I’ve decide to run this special promotion. Every day, until Sunday, we’re giving away $300 of Ethereum at 10pm. Every person who bought a ticket will be put in a hat, and we’re going to draw ONE name. If you win, we’ll transfer $300 of Ethereum into your wallet right away.”
This second conference – which follows on from the Bitcoin, Ethereum, and Blockchain Super Conference that took place in February – is being held in Dallas on September 14th, 15th, and 16th.
The overarching theme of all their talks, and the entire conference, will be the next crypto and blockchain market cycle. All signals indicate that crypto is heading back into bull territory, and when the new market cycle begins, it’s going to make a new wave of blockchain investors seriously rich. This conference is about discovering how “smart money” is already getting in before the next rush.
Market Analysis Report 11 May 2018
