General Market Outlook
The market is now doing more than just moving sideways. We are again seeing an increase in BTC price as well as Altcoins almost across the board. This indicates new money entering the market. Ethereum has moved towards a weekly high and is up almost 7% in the past 24 hours.
Monaco (MCO) is currently sitting up over 50% for the past 24 hours. This could be due to being listed on Bithumb today.
Amazon Technologies Patents A Streaming Data Marketplace
In a 27 page description the patent outlines examples of how the technology could be used for just about anything already being done on in the internet. It makes clear references to integrating cryptocurrencies and blockchain technology:
“As one example implementation, trade execution numbers from a financial exchange may be generated throughout the day. These numbers may be meaningful to an investment bank that made the trades identified by the numbers.”
“The method may include using cryptographic tokens, such as a public key/private key pair, to verify an authenticity of the first or second sources involved in the combined stream.”
Paypal Policy Updates Are Cause for Crypto
Effective Date: April 19, 2018 Paypal is taking many away what were major benefits for a population of users. Sending money between friends across international boarders, and identity verification standards received the most drastic changes.
Unverified accounts can now do nothing but transfer between Paypal balance and a linked bank account.
International sending now has a “flat fee of $2.99 or $4.99 per transaction depending on the recipient’s country.”
Full explanation from Paypal.
Peer to Peer Bitcoin Exchange LocalBitcoins Blowing Up
LocalBitcoins is somewhat like Ebay for Bitcoins. Users post their own exchange rate and the type of payments they are willing to accept. Users on the buying end can then select they users they would like to purchase from depending on those payment types, the exchange rate, or by the user’s reviews or verification.
Because of the increase in volume, the website has begun to enforce the verification process more. In the end, it’s still up to the buy to make this choice on their own.
Top 5 Gainers
Crypto (CTO) +269.41 % at $0.077565
Payfair (PFR) +%80.62 at $0.071715
GPU Coin (GPU) +45.56% at $0.014051
Animecoin (ANI) +42.75% at $0.013968
Game.com (GTC) +30.92% at $0.089005
Top 5 Losers
ATMCoin (XLR) -56.65% at $3.78
BitSoar (BSR) -48.20% at $0.001068
High Voltage (HVCO) -27.94% at $0.960575
Sugar Exchange (SGR) -25.93% at $0.083202
EZToken (EZT) -24.28% at $0.358345
New Coins Listed
Fortuna (FOTA) listed to GDAX
Mirthril (MITH) listed to HitBTC
Auctus (AUC) listed to IDEX
SunMoney Token (SMT) listed to IDEX
Monaco (MCO) listed to Bithumb
BY: BGN Editorial Staff