Crush Crypto Weekly Market Update · Saheli Roy Choudhury. ... that raises funds in the form of...
Transcript of Crush Crypto Weekly Market Update · Saheli Roy Choudhury. ... that raises funds in the form of...
Weekly Market Update
September 10, 2017Contents
• Cryptocurrency Movements
• Token Movements
• Developments in the Cryptocurrency World
Sep 09 7D Δ 1M Δ 12M Δ Sep 09 7D Δ 1M Δ 12M Δ Sep 09 7D Δ 1M Δ 12M Δ Price Graph (1M)
1 Bitcoin BTC $70.0 -14% 1.2x 7.0x $4,226 -8% 1.3x 6.8x $2,246 4% 1.6x 24.4x
2 Ethereum ETH $28.0 -24% 1.0x 29.3x $294 -16% 1.0x 25.3x $1,106 9% 0.9x 137.3x
3 Bitcoin Cash BCH $9.7 -6% 1.7x N/A $547 -5% 1.8x N/A $548 55% 2.8x N/A
4 Ripple XRP $8.1 -15% 1.1x 38.9x $0.2 -7% 1.1x 35.8x $163 -49% 1.9x 208.3x
5 Litecoin LTC $3.6 -22% 1.4x 18.8x $66.0 -16% 1.4x 16.6x $767 1.0x 4.6x 280.7x
6 Dash DASH $2.5 -15% 1.7x 32.2x $323 -8% 1.6x 28.8x $39.9 -33% 1.3x 54.6x
7 NEM XEM $2.4 -19% 1.0x 47.3x $0.3 -10% 1.0x 43.0x $6.4 -43% 0.5x 50.6x
8 Monero XMR $1.8 -16% 2.3x 10.9x $116 -7% 2.3x 9.4x $89 -34% 8.5x 3.1x
9 IOTA MIOTA $1.5 -34% 1.0x N/A $0.6 -19% 1.0x N/A $39.8 63% 3.0x N/A
10Ethereum
ClassicETC $1.4 -31% 1.0x 12.1x $14.9 -26% 1.0x 10.6x $214 0.8x 2.7x 64.4x
Cryptocurrencies
Mkt Cap (USD bn) Price (USD) 7 Day Average Volume (USD mn)
CRUSH CRYPTO WEEKLY – SEPTEMBER 10, 2017
Cryptocurrency Movements
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Top 10 Cryptocurrencies By Market Cap
Sep 09 7D Δ 1M Δ 12M Δ Sep 09 7D Δ 1M Δ 12M Δ Sep 09 7D Δ 1M Δ 12M Δ Price Graph (1M)
1 OmiseGo OMG $1,119 -5% 3.1x N/A $12.2 13% 3.5x N/A $107.2 19% 2.4x N/A
2 Qtum QTUM $790 -27% 1.2x N/A $13.3 -19% 1.1x N/A $172.7 54% 3.3x N/A
3 Tether USDT $399 24% 1.2x 57.4x $1.0 -2% 1.0x 1.0x $233.4 44% 2.1x 165.8x
4 Golem GNT $301 -5% 1.2x N/A $0.3 4% 1.1x N/A $15.1 254% 3.0x N/A
5 TenX PAY $289 -31% 1.3x N/A $2.7 -26% 1.3x N/A $13.8 -46% 1.1x N/A
6 EOS EOS $279 -33% 0.5x N/A $0.8 -36% 0.4x N/A $24.9 4% 0.6x N/A
7 MaidSafeCoin MAID $279 -14% 1.7x 6.3x $0.6 -6% 1.6x 6.4x $2.8 -31% 1.5x 6.0x
8 Augur REP $245 -22% 1.1x N/A $22.3 -8% 1.0x 2.2x $2.0 -61% 0.8x N/M
9 Metal MTL $237 -7% 2.5x N/A $12.3 14% 2.7x N/A $5.2 34% 7.3x N/A
10Basic Atten-
tion TokenBAT $216 -26% 1.3x N/A $0.2 -10% 1.4x N/A $3.6 -27% 1.2x N/A
Tokens
Mkt Cap (USD mn) Price (USD) 7 Day Average Volume (USD mn)
CRUSH CRYPTO WEEKLY – SEPTEMBER 10, 2017
Token Movements
3To download the PDF version of this presentation, visit www.CrushCrypto.com.Copyright © Crush Crypto. All Rights Reserved.
Top 10 Tokens By Market Cap
CRUSH CRYPTO WEEKLY – SEPTEMBER 10, 2017
Developments in the Cryptocurrency World
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Highlights from the article:
• “Local outlet Caixin reported that a notice, issued by a working committee that
oversees risk in the country's internet finance sector, said new projects raising
cash or other virtual currencies through cryptocurrencies will be banned.
It added that authorities will crack down on related fraudulent practices.”
• “The document defined initial coin offerings (ICOs) as an unauthorized
fundraising tool that may involve financial scams, the Caixin report noted. The
committee provided a list of 60 major ICO platforms for local financial
regulatory bodies to inspect.”
Saheli Roy Choudhury. "China bans companies from raising money through ICOs, asks local regulators to inspect 60 major platforms." CNBC. 4
Sept. 2017. Web. 10 Sept. 2017. <https://www.cnbc.com/2017/09/04/chinese-icos-china-bans-fundraising-through-initial-coin-offerings-report-
says.html>
To download the PDF version of this presentation, visit www.CrushCrypto.com.
CRUSH CRYPTO WEEKLY – SEPTEMBER 10, 2017
Developments in the Cryptocurrency World
5Copyright © Crush Crypto. All Rights Reserved.
To download the PDF version of this presentation, visit www.CrushCrypto.com.
Highlights from the article:
• “The financial authorities plan to strengthen the user authentication
procedures and banks’ suspicious transaction report systems when trading
digital currencies in order to secure transparency of trading and protect
customers.”
• “The financial regulators plan to introduce regulations on domestic trading
of digital currencies, including the revision of Act on Reporting and Use of
Certain Financial Transaction Information considering the trend of major
countries strengthening the anti-money laundering law.”
• “They will punish [ICOs] that raises funds in the form of stock issuance
using digital currencies permitted in some countries, including Switzerland, for
violating the capital market act.”
BusinessKorea. "Financial Authorities to Strengthen Regulations on Digital Currency Trading." BusinessKorea. 4 Sept. 2017. Web. 10 Sept. 2017.
<http://www.businesskorea.co.kr/english/news/money/19180-regulating-bitcoin-trading-financial-authorities-strengthen-regulations-digital>
CRUSH CRYPTO WEEKLY – SEPTEMBER 10, 2017
Developments in the Cryptocurrency World
6Copyright © Crush Crypto. All Rights Reserved.
Highlights from the article:
• “…with the leadership of Rep. Jared Polis and Rep. David Schweikert, co-chairs
of the Blockchain Caucus, the Cryptocurrency Tax Fairness Act has been
introduced in Congress.
• “Bipartisan bill will make it much easier to use Bitcoin to pay for every day
goods and services.”
• “This is the first time a bill has been introduced in Congress to encourage
cryptocurrency’s use and development…”
Coin Center. "Reps. Polis & Schweikert introduce Cryptocurrency Tax Fairness Act in Congress | Coin Center." Coin Center. n.d. Web. 10 Sept.
2017. <https://coincenter.org/entry/reps-polis-schweikert-introduce-cryptocurrency-tax-fairness-act-in-congress>
To download the PDF version of this presentation, visit www.CrushCrypto.com.
CRUSH CRYPTO WEEKLY – SEPTEMBER 10, 2017
Developments in the Cryptocurrency World
7Copyright © Crush Crypto. All Rights Reserved.
Highlights from the article:
• “The European Union is joining the United Nations in using the Ethereum
Blockchain to provide transparent help to refugees.”
• “Many refugees, and people in refugee-like situations, are unable to prove their
identity or access essential services. Blockchain, powered by Ethereum, could
thus ease the integration process by providing new, more efficient ways of
identifying undocumented persons arriving in the EU.”
Altcoin Today. "European Union is Joining UN to Help Refugees Using Ethereum Technology." Altcoin Today. 2 Sept. 2017. Web. 10 Sept. 2017.
<http://www.altcointoday.com/european-union-is-joining-un-to-help-refugees-using-ethereum/>
To download the PDF version of this presentation, visit www.CrushCrypto.com.
CRUSH CRYPTO WEEKLY – SEPTEMBER 10, 2017
Developments in the Cryptocurrency World
8Copyright © Crush Crypto. All Rights Reserved.
Highlights from the article:
• “Lingerie tycoon Michelle Mone and her partner, Doug Barrowman, on
Wednesday launched a £250 million, or $327 million, property development in
Dubai that will see hundreds of luxury apartments offered for sale in bitcoin.”
Thomas Colson. "Lingerie tycoon Michelle Mone and her billionaire boyfriend are selling luxury Dubai flats pitched at bitcoin
millionaires." Business Insider. 6 Sept. 2017. Web. 10 Sept. 2017. <http://uk.businessinsider.com/ultimo-founder-michelle-mone-selling-250-
million-dubai-apartments-in-bitcoin-2017-9>
To download the PDF version of this presentation, visit www.CrushCrypto.com.