Market Update 2.18.18 – FINMA Releases Regulatory Guidelines for ICOs
Market News
FINMA Releases Regulatory Guidelines for ICOs
Switzerland’s Financial Market Supervisory Authority (FINMA) published a set of regulatory guidelines on Friday for the regulation of Initial Coin Offerings (ICO) as a way of helping Blockchain technology enter Swiss markets successfully. To find out more, click here.
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Wrongful Charges on Coinbase Users’ Accounts because of Visa and Wordpay
Last week, Coinbase users got hit by multiple charges on their linked bank accounts, causing accounts to be overdrawn. After investigations commenced, it was found that the fault lay with Visa and Wordpay, Coinbase’s transaction processor. To read the full story, click here.
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Dogecoin is Ethereum’s Savior
Dogecoin may have been created in 2013 on a whimsy, but today, that token is helping resolve Ethereum’s most serious issue – scalability. Ethereum’s current structure is such that it need more than 3 times Bitcoin’s data to function, making it not very scalable. However, now, with the use of Dogecoin, things are about to change for the Ethereum blockchain. To read more, click here.
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Total Market Cap
The total cryptocurrency trading volume for the last 24 hours is $23.55 billion with a current market cap of $497.07 billion. The dominant cryptocurrency remains the Bitcoin with a 36.9% share.
Bitcoin Price Analysis
At the time of writing, the Bitcoin price is at $10,878.20, representing a gain of 3.01% in the last 24 hours. Total trading volume for the cryptocurrency is $9.21 billion. Bitcoin’s market cap at this time is $183.53 billion.
Ethereum Price Analysis
Ethereum’s current price is at $949.84, which represents a loss of 1.69% in the last 24 hours. Trading volume for the altcoin has been at about $2.69 billion in that time period and its market cap is at $92.79 billion.
State of the Top 20 Cryptocurrencies
**All data given below is for the last 24 hours.
- Bitcoin is trading at $10,878.20, up 3.01%. BTC’s market cap is currently $183.53 billion.
- Ethereum is trading at $949.84, down 1.69%. ETH’s market cap is currently $92.79 billion.
- Ripple is trading at $1.14, down 0.87%. XRP’s market cap is currently $44.59 billion.
- Bitcoin Cash is trading at $1,541.98, down 0.6%. BCH’s market cap is currently $26.17 billion.
- Litecoin is trading at $224.09, down 3.09%. LTC’s market cap is currently $12.38 billion.
- Cardano is trading at $0.393, down 3.44%. ADA’s market cap is currently $10.19 billion.
- NEO is trading at $131.44, down 5.55%. NEO’s market cap is currently $8.54 billion.
- Stellar is trading at $0.460579, down 4.21%. XLM’s market cap is currently $8.50 billion.
- EOS is trading at $9.74, down 3.94%. EOS’s market cap is currently $6.60 billion.
- IOTA is trading at $2.09, down 3.69%. MIOTA’s market cap is currently $5.81 billion.
- Dash is trading at $714.50, down 0.8%. DASH’s market cap is currently $5.63 billion.
- NEM is trading at $0.550530, down 6.71%. XEM’s market cap is currently $4.95 billion.
- Monero is trading at $311.04, down 2.74%. XMR’s market cap is currently $4.89 billion.
- Lisk is trading at $31.07, down 9.21%. LSK’s market cap is currently $3.67 billion.
- TRON moved up one place and is trading at $0.050926, down 3.25%. TRX’s market cap is currently $3.34 billion.
- Ethereum Classic is trading at $33.17, down 5.07%. ETC’s market cap is currently $3.31 billion.
- VeChain is trading at $5.63, down 4.90%. VEN’s market cap is currently $2.67 billion.
- Qtum is trading at $31.77, down 5.05%. QTUM’s market cap is currently $2.34 billion.
- Bitcoin Gold went up one place and is trading at $136, down 4.08%. BTG’s market cap is currently $2.29 billion.
- Tether continues to trade flat at $1.00. USDT’s market cap is currently $2.21 billion.