Crush Crypto Weekly Market Update · To download the PDF version of this presentation, ... digital...

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Weekly Market Update January 28, 2018 Contents Cryptocurrency Movements Token Movements Developments in the Cryptocurrency World

Transcript of Crush Crypto Weekly Market Update · To download the PDF version of this presentation, ... digital...

Weekly Market Update

January 28, 2018Contents

• Cryptocurrency Movements

• Token Movements

• Developments in the Cryptocurrency World

Jan 27 7D Δ 1M Δ 12M Δ Jan 27 7D Δ 1M Δ 12M Δ Jan 27 7D Δ 1M Δ 12M Δ Price Graph (1M)

1 Bitcoin BTC $188.1 -4% 0.7x 12.7x $11,441 -11% 0.7x 12.4x $9,468 -33% 0.7x 83.8x

2 Ethereum ETH $102.7 1% 1.4x 109.9x $1,107 -4% 1.5x 105.0x $3,623 -37% 1.3x 432.6x

3 Ripple XRP $47.2 -22% 1.0x 191.5x $1.2 -23% 0.9x 190.2x $2,004 -56% 0.9x 3029.9x

4 Bitcoin Cash BCH $27.1 -10% 0.5x N/A $1,629 -20% 0.6x N/A $579 -52% 0.2x N/A

5 Cardano ADA $16.2 -5% 1.5x N/A $0.6 -13% 1.5x N/A $605 -40% 5.5x N/A

6 Stellar XLM $11.3 24% 2.8x 723.2x $0.6 15% 2.7x 279.2x $445 35% 3.6x 5640.9x

7 Litecoin LTC $9.7 -9% 0.6x 51.0x $181 -14% 0.7x 46.9x $401 0.4x 0.3x 98.7x

8 NEO NEO $9.0 -2% 2.1x 1382.5x $140.2 -6% 2.1x 1075.6x $319.5 -69% 1.7x 37601x

9 NEM XEM $7.6 -23% 0.9x 162.2x $1.1 -12% 1.1x 212.3x $112 -12% 1.1x 492.4x

10 IOTA MIOTA $6.6 -12% 0.6x N/A $2.5 -18% 0.7x N/A $77 -51% 0.2x N/A

Coins

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

CRUSH CRYPTO WEEKLY – JANUARY 28, 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

Jan 27 7D Δ 1M Δ 12M Δ Jan 27 7D Δ 1M Δ 12M Δ Jan 27 7D Δ 1M Δ 12M Δ Price Graph (1M)

1 EOS EOS $9,027 30% 1.6x N/A $14.3 -8% 1.4x N/A $1,728.6 20% 4.7x N/A

2 TRON TRX $4,372 -18% 1.8x N/A $0.1 -20% 1.9x N/A $446.6 -52% 1.3x N/M

3 VeChain VEN $3,321 100% 8.2x N/A $6.9 -15% 3.5x N/A $215.7 28% 4.3x N/M

4 ICON ICX $3,012 -7% 1.7x N/A $7.9 -24% 1.5x N/A $90.0 -11% 0.8x N/M

5 Populous PPT $1,973 25% 1.4x N/A $62.0 25% 1.7x N/A $4.4 12% 1.4x N/A

6 OmiseGO OMG $1,694 -11% 1.1x N/A $16.0 -19% 1.1x N/A $83.0 -12% 0.7x N/A

7 Tether USDT $1,623 0% 1.3x 108.5x $1.0 -1% 1.0x 1.0x $2,843.6 -26% 1.1x 1282.6x

8 Binance Coin BNB $1,310 -12% 1.4x N/A $13.3 -18% 1.3x N/A $111.4 -50% 1.4x N/A

9 0x ZRX $1,008 11% 3.3x N/A $2.1 2% 3.1x N/A $28.7 -14% 2.1x N/M

10 Walton WTC $955 69% 3.4x N/A $41.7 53% 3.6x N/A $74.4 32% 3.9x N/M

Tokens

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

CRUSH CRYPTO WEEKLY – JANUARY 28, 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

CRUSH CRYPTO WEEKLY – JANUARY 28, 2018

Developments in the Cryptocurrency World

4Copyright © Crush Crypto. All Rights Reserved.

Highlights from the article:

• “Coincheck said that around 523 million of the exchange's NEM coins were sent

to another account around 3 a.m. local time (1 p.m. ET Thursday).”

• “The stolen NEM coins were worth about 58 billion yen at the time of

detection, or roughly $534.8 million, according to the exchange. Coincheck

subsequently restricted withdrawals of all currencies, including yen, and trading

of cryptocurrencies other than bitcoin.”

• “Coincheck management said in the press conference that it held the NEM

coins in a "hot" wallet, referring to a method of storage that is linked to the

internet. The Japanese exchange said it did not appear that hackers had stolen

other digital currencies.”

Cheng, Evelyn. "Japanese cryptocurrency exchange loses more than $500 million to hackers." CNBC. 26 Jan. 2018. Web. 27 Jan. 2018.

<https://www.cnbc.com/2018/01/26/japanese-cryptocurrency-exchange-loses-more-than-500-million-to-hackers.html>

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

CRUSH CRYPTO WEEKLY – JANUARY 28, 2018

Developments in the Cryptocurrency World

5Copyright © Crush Crypto. All Rights Reserved.

Highlights from the article:

• “Robinhood, the California brokerage known for popularizing free stock

trading, is diving into the world of cryptocurrencies with Robinhood Crypto.”

• “The firm announced Thursday that users in 5 states would be able to trade

ethereum and bitcoin 24/7 on its app for free starting in February. Customers

can currently track 16 cryptocurrencies including bitcoin, ethereum, litecoin,

and Dash.”

• “…the service will only be available in California, Massachusetts, Missouri,

Montana, and New Hampshire.”

Frank Chaparro. "Robinhood dives into cryptocurrency with free bitcoin and ethereum trading." Business Insider. 25 Jan. 2018. Web. 27 Jan. 2018.

<http://www.businessinsider.com/robinhood-free-bitcoin-and-ethereum-trading-2018-1>

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

CRUSH CRYPTO WEEKLY – JANUARY 28, 2018

Developments in the Cryptocurrency World

6Copyright © Crush Crypto. All Rights Reserved.

Highlights from the article:

• “Payments platform Stripe will stop supporting bitcoin in April, citing the

cryptocurrency’s volatility and long transaction times, among other things.”

• “As Stripe’s Tom Karlo points out, the truth is that BTC has evolved to become

an asset rather than a currency, and is simply unsuitable for transactions that

need to resolve in seconds or minutes at the outside. The platform, he writes,

has seen a major decrease in BTC transactions.”

• “Stripe started taking bitcoin back in 2014, after the coin first topped $1,000

and people really started taking it seriously. And the company insists that it

remains optimistic about the cryptocurrency ecosystem and name-checks a

few projects: Lightning, OmiseGO, Ethereum, Bitcoin Cash, Litecoin. And, Karlo

writes, Stripe may support Stellar, in which the company has a stake.”

Coldewey, Devin. "Stripe is ending support for bitcoin payments on April 23 |…." TechCrunch. 23 Jan. 2018. Web. 27 Jan. 2018.

<http://social.techcrunch.com/2018/01/23/stripe-is-ending-support-for-bitcoin-payments-on-april-23/>

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

CRUSH CRYPTO WEEKLY – JANUARY 28, 2018

Developments in the Cryptocurrency World

7Copyright © Crush Crypto. All Rights Reserved.

Highlights from the article:

• “South Korea's financial watchdog has set a deadline for the barring of

anonymous cryptocurrency trading accounts within the country.”

• “According to a new announcement from the Financial Services Commission

(FSC), starting from Jan. 30, cryptocurrency investors in South Korea will have

to use real-name bank accounts in order to continue trading.”

• “Once the rule comes into effect, investors can only deposit funds to trade

cryptocurrencies if their name on the crypto exchange matches that on their

bank account.”

Tyler Lindholm And Caitlin Long. "South Korea Reveals Deadline for Anonymous Crypto Trading Halt - CoinDesk." CoinDesk. 23 Jan. 2018. Web.

27 Jan. 2018. <https://www.coindesk.com/south-korea-announces-deadline-for-halt-of-anonymous-crypto-trading/>

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

CRUSH CRYPTO WEEKLY – JANUARY 28, 2018

Developments in the Cryptocurrency World

8Copyright © Crush Crypto. All Rights Reserved.

Highlights from the article:

• “The South Korean Communications Commission (KCC) announced on

Wednesday that it has sanctioned 8 cryptocurrency exchanges ‘a total of

KRW141 million [~USD$132,540] in penalties for violating the Personal

Information Protection Act.’”

• “The 10 companies surveyed are Upbit, Ripple4y, Coinpia, Youbit, Korbit,

Coinone, Coinplug, Eyalabs, Bizcoin, and Bizstore, according to Chosun. Bizcoin

and Bizstore stopped their crypto-related services during the survey and were

excluded from the list, the news outlet detailed. The country’s largest crypto

exchange by volume, Bithumb, was previously investigated separately.”

Helms, Kevin. "All Major Korean Cryptocurrency Exchanges Fail Privacy Tests – 30 Days to Improve - Bitcoin News." Bitcoin News. 25 Jan. 2018.

Web. 28 Jan. 2018. <https://news.bitcoin.com/korean-cryptocurrency-exchanges-privacy-tests/>

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

CRUSH CRYPTO WEEKLY – JANUARY 28, 2018

Developments in the Cryptocurrency World

9Copyright © Crush Crypto. All Rights Reserved.

Highlights from the article:

• “I don’t believe that bitcoin is going to be a currency today or in the future,”

the coffee chain’s executive chairman and former CEO said late yesterday

during an earnings conference call.”

• “’I personally believe that there is going to be one or a few legitimate, trusted

digital currencies off of the blockchain technology,’ Schultz said, according to

FactSet’s transcript and recording for the conference call.”

• “The Seattle company isn’t announcing that it’s launching a new

cryptocurrency, and it’s still working on understanding the crypto world as it

looks to get involved, Schultz hastened to add.”

Victor Reklaitis. "A trusted digital currency is coming, but it’s not bitcoin, says Starbucks’ Howard Schultz." MarketWatch. 26 Jan. 2018. Web. 27

Jan. 2018. <http://www.marketwatch.com/story/a-trusted-digital-currency-is-coming-but-its-not-bitcoin-says-starbucks-howard-schultz-2018-

01-26>

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