General Market Outlook
The market continues to make no strong movements overall. More coins have made small percentage losses in the past 24 hours than gains. Trading volume has remained right between $10 billion and $9 billion in 24 hours. Revain (R) and Nexo (NEXO) are the major stand outs of the top 100 coins by market cap - up over 26% and 20% respectively in the past 24 hours. Bitcoin (BTC) is at $6,450 for -0.5% and a total market dominance of 53.7%, and Ethereum (ETH) is right at about $200 for -1.0% change in the past 24 hours. Market cap for the overall cryptocurrency market lost just $2 billion, down to $209 billion total.
First EU Blockchain Securities Depository
Setl has been approved by the French financial regulatory body to operate a central securities depository. Their blockchain network will first be connected to one of the European settlement networks facilitated by the European Central Bank. The Target2-Securities platform will integrate Setl’s blockchain solutions to increase settlement speeds of cross-border payments. They hope to launch the full service by early 2019. Setl is a permissioned network founded by two industry experts of finance and blockchain technology. Peter Randall is the former CEO of the alternative European stock exchange, and Anthony Culligan previously founded a peer-to-peer bitcoin trading website called Roolo.
Air Canada To Integrate Blockchain
A blockchain travel ecosystem called Winding Tree will facilitate a new process for inventory, distribution and transactions of all of Air Canada’s travel related products. Air Canada is the largest operating airline in Canada. This could include anything from special flight tickets, physical products for traveling, food and beverages or even digital content. The network will likely bring lower prices because consumers will be able to transact directly with the supplier, rather than their being intermediaries slowing down payments and raising costs. Winding Tree is a decentralized, open-source platform meaning any activity on their network are publicly viewable.
Sony Designs Bitcoin Wallet
The Research and Development department of Sony in Japan has designed a novel form of Bitcoin wallet. The wallet is uses IC smart card technology to produce a contactless wallet. This means the data of the wallet don’t need to be connected to the internet, or even connected to a device via a usb connection. The storage method for generating and storing private keys on the device are claimed to be highly tamper-proof. But data storage is not limited to Bitcoin, as the device has the capacity to store permissioned key storage for things like personal contact or identity information. Sony has not said whether the device will be launched as a product for public distribution.
Top 5 Gainers
PrimeStone (PSC) +590.82% at $0.012911
Olive (OLE) +68.22% at $0.008487
Karma (KRM) +53.88% at $0.002911
BitWhite (BTW) +37.90% at $0.016607
SIBCoin (SIB) +37.44% at $0.181219
Top 5 Losers
RusGas (RGS) -34.02% at $0.000110
RealChain (RCT) -30.76% at $0.002279
XMCT (XMCT) -27.13% at $0.005165
MSD (MSD) -21.65% at $0.006586
ZPER (ZPR) -21.50% at $0.004598
New Coins Listed
Lisk (LSK) listed to Exmo
Provoco (VOCO) listed to HitBTC
Humaniq (HMQ) listed to HitBTC
BlockMason Credit Protocol (BCPT) listed to IDCM
By: BGN Editorial Staff