Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account...

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Weekly Market Update September 3, 2018 Contents Cryptocurrency Movements Token Movements Developments in the Cryptocurrency World

Transcript of Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account...

Page 1: Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account registrations.” • “Korean news agency Yonhap reports on Wednesday that Bithumb

Weekly Market Update

September 3, 2018Contents

• Cryptocurrency Movements

• Token Movements

• Developments in the Cryptocurrency World

Page 2: Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account registrations.” • “Korean news agency Yonhap reports on Wednesday that Bithumb

Sep 02 7D Δ 1M Δ 12M Δ Sep 02 7D Δ 1M Δ 12M Δ Sep 02 7D Δ 1M Δ 12M Δ Price Graph (1M)

1 Bitcoin BTC $124.0 7% 0.9x 1.5x $7,273 8% 1.0x 1.6x $4,318 17% 0.9x 2.0x

2 Ethereum ETH $30.0 6% 0.7x 0.8x $294 7% 0.7x 0.8x $1,455 10% 0.8x 1.4x

3 Ripple XRP $13.8 6% 0.8x 1.4x $0.3 6% 0.8x 1.5x $259 10% 1.2x 0.8x

4 Bitcoin Cash BCH $10.7 15% 0.8x 1.0x $646 24% 0.9x 1.1x $391 30% 0.8x 1.1x

5 EOS EOS $6.0 -100% 0.0x 0.0x $6.6 33% 0.9x 5.4x $775 63% 1.2x 32.5x

6 Stellar XLM $4.3 3% 0.8x 10.8x $0.2 5% 0.9x 10.8x $54 10% 0.7x 8.9x

7 Litecoin LTC $3.8 14% 0.9x 0.8x $66 15% 0.9x 0.8x $250 1.2x 0.8x 0.3x

8 Cardano ADA $2.8 13% 0.8x N/A $0.1 12% 0.8x N/A $65 52% 0.9x N/A

9 IOTA MIOTA $2.1 37% 0.8x 0.9x $0.7 25% 0.8x 1.0x $77 128% 2.2x 3.2x

10 Monero XMR $2.0 31% 1.0x 0.9x $121 26% 1.0x 1.0x $36 41% 1.3x 0.3x

Coins

Circulating Mkt Cap (USD bn) Price (USD) 7 Day Average Volume (USD mn)

CRUSH CRYPTO WEEKLY – SEPTEMBER 3, 2018

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

Page 3: Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account registrations.” • “Korean news agency Yonhap reports on Wednesday that Bithumb

Sep 02 7D Δ 1M Δ 12M Δ Sep 02 7D Δ 1M Δ 12M Δ Sep 02 7D Δ 1M Δ 12M Δ Price Graph (1M)

1 Tether USDT $2,734 -2% 1.1x 8.5x $1.0 0% 1.0x 1.0x $2,844.7 14% 1.0x 17.5x

2 Binance Coin BNB $1,092 13% 0.8x 4.4x $11.3 11% 0.8x 5.7x $31.4 60% 0.5x 1.5x

3 OmiseGO OMG $631 17% 0.8x 0.5x $4.3 13% 0.8x 0.4x $24.0 3% 0.5x 0.3x

4 0x ZRX $433 12% 0.8x 2.3x $0.8 11% 0.8x 2.6x $14.6 11% 0.3x N/M

5 Zilliqa ZIL $355 15% 0.7x N/A $0.0 8% 0.8x N/A $19.4 43% 1.0x N/A

6 Maker MKR $325 11% 0.8x N/A $511.9 19% 0.9x 1.8x $0.3 37% 2.7x 3.7x

7 Aeternity AE $280 15% 0.7x N/A $1.2 14% 0.7x 1.2x $6.6 26% 0.2x 171.5x

8Basic Atten-

tion TokenBAT $228 7% 0.8x 0.8x $0.2 11% 0.9x 0.9x $5.2 38% 1.2x 1.1x

9 Bytom BTM $224 13% 0.7x 2.2x $0.2 15% 0.8x 1.7x $51.3 48% 1.0x 3.7x

10 Augur REP $224 6% 0.7x 0.7x $20.2 4% 0.7x 0.8x $5.1 28% 0.3x N/M

Tokens

Circulating Mkt Cap (USD mn) Price (USD) 7 Day Average Volume (USD mn)

CRUSH CRYPTO WEEKLY – SEPTEMBER 3, 2018

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

Page 4: Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account registrations.” • “Korean news agency Yonhap reports on Wednesday that Bithumb

CRUSH CRYPTO WEEKLY – SEPTEMBER 3, 2018

Developments in the Cryptocurrency World

4Copyright © Crush Crypto. All Rights Reserved.

Highlights from the article:

• “Yahoo Finance has integrated trading with Bitcoin (BTC), Ethereum (ETH), and

Litecoin (LTC) on its platform. While statistics are available on the platform for

other digital currencies like Bitcoin Cash (BCH), Ethereum Classic (ETC) or EOS,

they currently do not have buy and sell options.”

• “The development has led some in the crypto community to say that it is an

important step forward for crypto adoption.“

• “In March, the Japanese arm of internet giant Yahoo said it will open a

cryptocurrency exchange ‘in April 2019 or later.’ Yahoo Japan was going to buy

40 percent of BitARG Exchange Tokyo in April, and immediately dispatch

executives to lay the foundations for the exchange to launch a year later.”

Yahoo Finance Integrates Bitcoin, Ethereum and Litecoin Trading: https://cointelegraph.com/news/yahoo-finance-integrates-bitcoin-ethereum-

and-litecoin-trading

To download the PDF version of this presentation, visit www.CrushCrypto.com.

Page 5: Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account registrations.” • “Korean news agency Yonhap reports on Wednesday that Bithumb

CRUSH CRYPTO WEEKLY – SEPTEMBER 3, 2018

Developments in the Cryptocurrency World

5Copyright © Crush Crypto. All Rights Reserved.

Highlights from the article:

• “Bithumb, one of the largest cryptocurrency exchanges in South Korea, is

reportedly renewing its contract with the country's Nonghyup Bank – a move

that will allow the firm to once more accept new account registrations.”

• “Korean news agency Yonhap reports on Wednesday that Bithumb and

Nonghyup are planning to sign the contract on Aug. 30 in order to allow the

exchange to assign new so-called real-name virtual accounts to cryptocurrency

traders.”

• “As previously reported by CoinDesk, Bithumb announced the suspension of its

new account registration service on July 31, putting it down to a ‘service

improvement process.’ Reports at the time suggested the halt was forced upon

the exchange because the bank was insisting on changes following the

exchange's $31 million hack in June.”

Korean Crypto Exchange Bithumb to Restart User Registrations: https://www.coindesk.com/bithumb-to-restart-user-registrations-as-bank-

agrees-contract-renewal

To download the PDF version of this presentation, visit www.CrushCrypto.com.

Page 6: Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account registrations.” • “Korean news agency Yonhap reports on Wednesday that Bithumb

CRUSH CRYPTO WEEKLY – SEPTEMBER 3, 2018

Developments in the Cryptocurrency World

6Copyright © Crush Crypto. All Rights Reserved.

Highlights from the article:

• “After discussing Ether issuance for a good period of time, the attendees, which

were mainly composed of core developers, decided to confirm a 33% block

reward reduction, from 3 ETH to 2 ETH as per Ethereum-Improvement-protocol

1234.”

• “…as it stands, there is a 7.4% annual inflation rate of Ether, which amounts to a

hefty 7,378,402 ETH ($2.065 Billion). This is evidently ludicrous, with many

pointing out that a 7.4% inflation rate eclipses the declining purchasing power

of ‘popular’ fiat currencies. But once EIP-1234 sees full implementation, the

Ethereum network’s inflation rate will drop to a respectable 4.7%, or 4,918,935

ETH a year ($1.37 Billion).”

Ethereum (ETH) Developers Cut Block Rewards By 33% To Curb Inflation: https://ethereumworldnews.com/ethereum-developers-cut-rewards-

curb-inflation

To download the PDF version of this presentation, visit www.CrushCrypto.com.

Page 7: Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account registrations.” • “Korean news agency Yonhap reports on Wednesday that Bithumb

CRUSH CRYPTO WEEKLY – SEPTEMBER 3, 2018

Developments in the Cryptocurrency World

7Copyright © Crush Crypto. All Rights Reserved.

Highlights from the article:

• “Chinese tech giant Baidu has joined Tencent and Alibaba in imposing new

anti-crypto measures in line with Beijing’s toughened stance, South China

Morning Post (SCMP) reports Monday, August 27.”

• China’s ‘Google,’ Baidu, has closed at least two popular crypto-related chat

forums, according to SCMP, with a notice reportedly informing users that the

move comes ‘in accordance with relevant laws, regulations and policies.’”

• “Meanwhile, Tencent — the operator of the 1-billion-user social media platform

WeChat, has reportedly issued a statement announcing its own ban on crypto

trading. The platform has said it will monitor daily transactions in real time and

block any suspicious transactions accordingly.”

China’s Baidu Joins Tech Giants Tencent, Alibaba in Imposing Fresh Anti-Crypto Measures: https://cointelegraph.com/news/chinas-baidu-joins-

tech-giants-tencent-alibaba-in-imposing-fresh-anti-crypto-measures

To download the PDF version of this presentation, visit www.CrushCrypto.com.

Page 8: Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account registrations.” • “Korean news agency Yonhap reports on Wednesday that Bithumb

CRUSH CRYPTO WEEKLY – SEPTEMBER 3, 2018

Developments in the Cryptocurrency World

8Copyright © Crush Crypto. All Rights Reserved.

Highlights from the article:

• “Japanese social media company LINE is doubling down on its bet that

cryptocurrency has a bright future.”

• “The publicly-traded LINE announced on Friday that it has launched its own

cryptocurrency, named ‘LINK,’ complete with an independent blockchain

designed to serve as a platform for decentralized applications (dApps).”

• “A LINE representative told CCN that the blockchain is based on a Delegated

Proof-of-Stake (DPoS) consensus algorithm to facilitate speedy transactions.

Further, the blockchain is already up and running. LINE said that the LINK Chain

Genesis block was processed more than a week ago, on Aug. 23, and the

representative confirmed that the company is currently operating all of the

block producing nodes.”

Japanese Social Media Giant LINE Launches Cryptocurrency, DPoS Blockchain: https://www.ccn.com/japanese-social-media-giant-line-launches-

cryptocurrency-dpos-blockchain

To download the PDF version of this presentation, visit www.CrushCrypto.com.

Page 9: Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account registrations.” • “Korean news agency Yonhap reports on Wednesday that Bithumb

CRUSH CRYPTO WEEKLY – SEPTEMBER 3, 2018

Developments in the Cryptocurrency World

9Copyright © Crush Crypto. All Rights Reserved.

Others news:

• “Thailand AML Watchdog Plans to Seize Bitcoin from Criminal Proceeds” - https://www.ccn.com/thailand-aml-watchdog-plans-to-

seize-bitcoin-from-criminal-proceeds

• “Alibaba, IBM Ranked Top Globally for Number of Blockchain Patent Filed” - https://cointelegraph.com/news/alibaba-ibm-ranked-top-

globally-for-number-of-blockchain-patent-filed

• “Mark Zuckerberg’s Sister Signs on to Serve on Huobi Chain Advisory Committee” - https://www.ccn.com/mark-zuckerbergs-sister-

signs-on-to-serve-on-huobi-chain-advisory-committee

• “Apple Removes Crypto Collectible Game War Riders From Coinbase Wallet” - https://www.coinspeaker.com/2018/08/31/apple-

removes-crypto-collectible-game-war-riders-from-coinbase-wallet

• Japan Ramps up Scrutiny of New Cryptocurrency Exchange Applicants” - https://www.ccn.com/japan-ramps-up-scrutiny-of-new-

cryptocurrency-exchange-applicants

• “Japanese City Tsukuba Trials Blockchain-Based Voting System” - https://cointelegraph.com/news/japanese-city-tsukuba-trials-

blockchain-based-voting-system

To download the PDF version of this presentation, visit www.CrushCrypto.com.

Page 10: Crush Crypto Weekly Market Update · that will allow the firm to once more accept new account registrations.” • “Korean news agency Yonhap reports on Wednesday that Bithumb