Latest Market News
Neonexchange and nOS, two blockchain projects building on the NEO platform, have partnered to offer an expanded feature set for their users.
U.S. cryptocurrency broker and exchange operator Coinbase have announced that they are adopting a new process for listing cryptocurrencies. According to the official announcement, the new approach will allow Coinbase to list more new cryptocurrencies, but the company’s services for the new coins could be limited to selected jurisdictions where they are able to guarantee compliance.
In a new update in the Mt.Gox saga, bankruptcy trustee Nobuaki Kobayashi says he has sold 24,658 BTC and 25,331 BCH as part of the bankruptcy and rehabilitation proceedings for the exchange which collapsed in 2014. According to the announcement, the crypto assets were sold between March 7 and the commencement of the civil rehabilitation proceedings (June 22).
CNBC reports that Republican congressman Warren Davidson is hosting a roundtable to discuss the regulation of the cryptocurrency space to better inform a bill he intends to propose this fall. The roundtable will feature major players outside the crypto industry such as Fidelity, Nasdaq State Street and Union Square Ventures, as well as crypto heavyweights Coinbase, Ripple and Circle.
Fortune reports that former PayPal COO and Harbor co-founder David Sacks is joining 0x’s advisory board. While Harbor is creating a protocol designed to streamline the process of issuing compliant security tokens, the 0x protocol can power the actual buying and selling of these tokenized securities
Circle has added EOS, XLM, ZRX and QTUM to its Circle Invest application, expanding its selection of cryptocurrencies to 11.
Privacy-focused web browser Brave and digital identity project Civic have partnered to provide know your customer services for Brave’s verified publishers.
As the cryptocurrency market continues to experience a long-term bear run, the ICO sector has begun to slow down in terms of activity, and the number of projects conducting Initial Coin Offerings has halved since July. Despite this, a significant amount of ICO fundraising still took place as close to $1B in funding was amassed, and the total amount collected by ICOs actually surpassed the final figure for July.
This week’s selection of coins to watch features some of the largest cryptocurrencies on the market, and there’s some important developments approaching. It’s worth keeping a close eye on Bitcoin as its performance could impact the rest of the market, Ripple has a major conference coming up, and Bitfinex is launching an EOS-based exchange called EOSFinex.
While the lower part of the cryptocurrency top 10 has been quite dynamic in recent times, the top 3 order of BTC, ETH and XRP had been rock solid for more than half a year. Today, however, XRP extended the rally which began yesterday, overtaking ETH in market capitalization.
