Crypto Market Update Analysis 18 March 2019

Crypto Market Update Analysis 18 March 2019

Bitcoin Market Update

The weekend is over, and cryptocurrency markets trades are back on a serious turn, investors are left to make a decision based on our analysis or persona speculations. For bitcoin leading the arkets this week, which is trading  for $3,996 representing a gain of 0.31% in the last 24 hours. More than $80M worth of BTC were exchanged in the BTC/USD market representing a 7% share of the global daily volume. The BTC/KRW pair represents a 1% share.

Ethereum Update Analysis

Trades for Ethereum has dropped to –

over the past 24 hours and is currently sitting at $137.56, with over $50M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 3% market share of the daily trading volume.

Bitcoin Continues To See Unprecedented Growth

LIVE CRYPTO RATES FOR TODAY

Name Price24H (%)
Bitcoin(BTC)
$63,808.40
-3.68%
Ethereum(ETH)
$3,122.61
-4.27%
XRP(XRP)
$0.52
-4.24%
Cardano(ADA)
$0.468841
-5.26%
Bitcoin Cash(BCH)
$477.08
-4.37%
Litecoin(LTC)
$84.21
-3.09%
Monero(XMR)
$118.73
-2.51%
IOTA(IOTA)
$0.232645
-9.34%
Dash(DASH)
$30.04
-5.28%
NEM(XEM)
$0.038407
-10.42%

Riot Blockchain to Launch Regulated Crypto Exchange in the US

Riot Blockchain is planning to launch a regulated crypto exchange in the U.S. Last Friday, The publicly traded U.S. company revealed in a filing with the U.S. Securities and Exchange Commission (SEC) that the new entity will be called RiotX and will develop three main services: banking, trading and a digital wallet.

For RiotX’s banking services, the company says it will launch an API created by software provider SynapseFi. Users will be able to create accounts connected to accredited banking institutions inside the U.S., allowing them to hold and transfer either fiat or crypto assets. The company explained in the registration:

“SynapseFi’s API will enable to Company to know where the user is when accessing RiotX, thereby enabling the Company to prevent a user from Montana, a state where the exchange of digital currencies is permitted, from traveling to neighboring Wyoming, where the exchange of digital currencies is not permitted, and using RiotX in the prohibited jurisdiction.”
Read more here

See also  BTC ETH Crypto Market Update 22 March 2019

Coinbase Pro Increases Fees & Updates Market Structure

United States-based cryptocurrency exchange Coinbase announced a new market structure for its professional trading platform, Coinbase Pro, in a blog post published last Friday. The changes include a new fee structure, reportedly designed to increase liquidity, updated order maximums, new order increment sizes, the turning off of stop market orders and added market order protection points.

According to the post, Coinbase Pro and Coinbase Prime — the firm’s institutional trading platform — will cease their support for stop market orders. The announcement further explains that all stop orders must now be submitted as limit orders and include a limit price. On the other hand, the market protection points that will be introduced both to Coinbase Prime and Coinbase Pro users will amount to 10% for all market orders. The statement explains that market orders that move the price more than 10% will stop executing and return a partial fill.

AXA XL Launches Security Token & Crowdfunding Insurance Service

Insurance giant AXA XL and insurance technology startup Assurely have jointly launched a new insurance product covering equity crowdfunding and Security Token Offerings (STOs), according to a recently published press release.

The new product dubbed CrowdProtector is designed for issuers and investors, and purportedly protects new online capital formation strategies like equity crowdfunding and STOs. The product also aims increase trust, confidence and safety to potential investors guaranteeing that the issuer is insured. According to Ty Sagalow, CEO of Assurely, the parties have managed to increase underwriting. The releases states:

“CrowdProtector provides Issuers protection against investor complaints and lawsuits as well as serve as a communication to investors that they may get their principal investment returned should the issuer misuse the funds, purposefully misrepresent information in their offering documents, or steal the money.”
Read more here

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The Wait is Over! Meet Tkeycoin.

Dear Community,

Tkeycoin ICO, lasted for a year, finishes in 24 hours. Long-awaited exchange stage is coming.

Tkeycoin (TKEY) cryptocurrency will debut on EXMO.com this April. Twenty trading pairs will be listed, including TKEY/USD, and starting from a $1 rate.

To honor the release, we gift you a new promo code. Use ‘TKEY50‘ while buying on the official website and get 50% for free as a bonus. Now, $1 = 1,5 TKEY. Only until March 18!

Buy Tokens CLICK HERE

Indeed, we have finished our own blockchain technology development. It’s based on the mPoW algorithm, and it’s now 760x faster than Bitcoin. We start receiving fund transfer applications to the new decentralized Tkeycoin network on March 18.

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This April TKEY DMCC will also present new multi-currency wallet for Web, iOS & Android. Cross-chain exchange, lowest fees, and so much more included.

Trust us – other exciting things to come. Stay tuned!

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Updated: March 18, 2019 — 1:07 pm

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