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October 16, 2018

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Crypto Market Update (25 March 2019)

March 25, 2019


General Market Outlook


The market has moved primarily sideways over the weekend, with a slight downtrend in the past 24 hours, with many coins in the negative, but till many top 100 coins by market camp in double digit positive gains. Trading volume has moved between $30 billion and $31 billion in 24 hours. Maximime Coin (MXM), BitShares and KuCoin Shares (KCS) are the major stand outs of the top 100 coins by market cap - up over 35%, 17% and 13% respectively in the past 24 hours. The value of Bitcoin (BTC) is just short of $4,050 for no significant change and a total market dominance of 50.7%, and the value of Ethereum (ETH) is trending right above $135 for +1.0% change in the past 24 hours. Market cap for the overall cryptocurrency market declined by less than $1 billion, falling to just under $140 billion total.



Major Headlines


Cryptopia Is Back


Early this year one of the more obscure cryptocurrency exchanges was taken down because of a series of hacks. The New Zealand-based exchange suffered significant losses from the attack - as much as nearly 10% of their total holdings. This could total as much as $16 million USD. Because of this the company is now struggling with the banking relationships. They have had to suspend their service for deposits and withdrawal in their country’s native currency NZ Dollars. They company claims they are continuing to work on the past issues and will resume trading with a small feature set and less coins.“We have resumed trading on 40 trade pairs that we have quantified as secure. We will continue to expand this list as we clear more coins.”


MyEtherWallet Coming To Finney


Sirin Labs is the company behind one of the most expensive blockchain based smartphones that will be available this year. The company is focused on an entire line of blockchain related hardware [products, including a computer. Unlike some other cryptocurrency focused smartphones that simply provide adequate cold storage, the Finney phone includes extremely high quality software and hardware such as its camera. The phone will now have direct integration with the MyEtherWallet/ This provides strong benefits for both companies and the consumer as well. The ethereum wallet-generating service will be built into Finney’s built-in cold wallet. MyEtherWallet users will be able to buy the smartphone through the wallet service’s web and app platforms as well. “We believe having an on-phone hardware wallet is immensely valuable to users. This will not only make it easy to send and receive crypto transactions, but it will also make crypto more accessible to a wide range of users.” - CEO Kosala Hemachandra



Duke University’s Blockchain Support


A blockchain startup called Citizens Reserve has gotten a huge boost recently through a partnership with Duke University. Duke had already been at work supporting the advancement of blockchain technology through educational programs such as their  “Innovation and Cryptoventures” course, launched by Harvey back in 2014. The course is taught by a finance professor at the university. Citizens Reserve is led by a group of former Deloitte blockchain employees, which spent a great deal of time researching the overall scope of blockchain technology and cryptocurrencies. The company will support the university developing a curriculum on blockchain technology, and connect students with blockchain experts and helping them find jobs in the sector when they graduate.



Top 5 Gainers


Everex (EVX) +192.82% at $0.869477

AICHAIN (AIT) +121.41% at $0.001959

Ormeus Coin (ORME) +62.78% at $0.703011

AVINOC (AVINOC) +61.46% at $0.006496

E-Dinar Coin (EDR) +58.48% at $0.012767



Top 5 Losers


Ignis (IGNIS) -53.38% at $0.019886

The Currency Analytics (TCAT) -31.01% at $0.001509

Profile Utility Token (PUT) -28.24% at $0.011546

Centrality (CENNZ) -26.82% at $0.020021

Credit Tag Chain (CTC) -26.29% at $0.015576


New Coins Listed


Nexo (NEXO) listed to LiveCoin




By: BGN Editorial Staff

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