Crush Crypto Weekly Market Update · Saheli Roy Choudhury. ... that raises funds in the form of...

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Weekly Market Update September 10, 2017 Contents Cryptocurrency Movements Token Movements Developments in the Cryptocurrency World

Transcript of Crush Crypto Weekly Market Update · Saheli Roy Choudhury. ... that raises funds in the form of...

Page 1: Crush Crypto Weekly Market Update · Saheli Roy Choudhury. ... that raises funds in the form of stock issuance using digital currencies permitted in some countries, ... Crush Crypto

Weekly Market Update

September 10, 2017Contents

• Cryptocurrency Movements

• Token Movements

• Developments in the Cryptocurrency World

Page 2: Crush Crypto Weekly Market Update · Saheli Roy Choudhury. ... that raises funds in the form of stock issuance using digital currencies permitted in some countries, ... Crush Crypto

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

2To download the PDF version of this presentation, visit www.CrushCrypto.com.Copyright © Crush Crypto. All Rights Reserved.

Top 10 Cryptocurrencies By Market Cap

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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

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CRUSH CRYPTO WEEKLY – SEPTEMBER 10, 2017

Developments in the Cryptocurrency World

4Copyright © Crush Crypto. All Rights Reserved.

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.

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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>

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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.

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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.

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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.

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