Market Update 1.20.19 – Ex-Central Bank Gov Joins Blockchain Firm
Market News
Ex-Central Bank Gov Joins Blockchain Firm
Christian Noyer is known to be the former governor of France’s Central Bank and is even hailed as a prominent economist in the industry. Interestingly, he has just joined a blockchain startup and became one of its board members. The company in questions is none other than SETL.
The startup was founded sometime in 2015. Since then, it has become a leader in payments and settlement services. Interestingly, all of its processes are built around the concept of blockchain network. The company, according to official reports, is looking to help all market participants when it comes to direct transfer of cash and/or other assets – all of which come with immediate settlements.
Read the full report here.
Taiwan Indicts Fraud BTC Investments
There are at least 7 individuals who reportedly managed a fraudulent cryptocurrency investment scheme. Apparently, the government of Taiwan was successful in indicting them. As per the official report, all of the defendants were charged with the direct violation of the country’s Banking and Multi-Level Marketing Supervision acts.
The group was in custody on June 13 last year, specifically for the alleged operation of fraudulent crypto investment scheme, which particularly involved Bitcoin, the world’s leading digital currency. Basically, the individuals – through the scheme – promised investors annual returns of up to a whopping 355 percentage.
Read the full report here.
ICOs Reached $160M In January 2019
Initial Coin Offerings, or simply ICOs, managed to complete the first half of January this year with a substantial raise of about $160 million. The figure, in particular, was provided via a report published by ICO rating service called ICOBench.
ICOs manage to complete January 15 with a raise of around 33 percent, relating to the combined amount that was accumulated during the previous month of December last year. Interestingly, the number of fundraisers is expected to gather more than 150, which is a figure akin to the past seven months.
Read the full report here.
Total Market Cap: January 20
The cryptocurrency market’s volume of trade reached $17.62 billion. But as far as its market’s capitalization is concerned, it only managed to obtain $124.25 billion.
Bitcoin Price Analysis: January 20
The world’s leading cryptocurrency, Bitcoin, was able to reach a trade jump of 1.66% and a price of $3,730.29. As for BTC’s trade volume, it settled at $5.80 billion; whereas as its market hit $65.25 billion.
XRP Price Analysis: January 20
In the past 24 hours, XRP’s price managed to reach 0.94% in order to trade at around $0.329293. Going for the altcoin’s trade volume, it was playing at $403.84 million and its capitalization at $13.51 billion.
State of the Top 10 Cryptocurrencies: January 20
For the past 24 hours, all prices of the top 10 digital currencies – except for TRON’s – managed to go up. Meanwhile, Bitcoin SV continues to take the 10th place away from the cryptocurrency called Litecoin.
- Bitcoin’s market price was successful in jumping to 1.66% leading to a market price of $3,730.29. Also, its market value showed a promising figure of $65.25 billion.
- XRP’s market price was able to obtain a price of $0.329293 after jumping to a percentage of 0.94%, though its market value clocked in $13.51 billion only.
- Ethereum’s market price jumped to about 1.80%, giving its price a slight boost to $124.08. Meanwhile, its value in the market only reached $12.96 billion.
- Bitcoin Cash’s showed a market price figure of $3.12 billion hitting a percentage jump of 0.25%. As for its market value, the altcoin registered at $2.26 billion.
- EOS’ market price was successful in jumping to at least 0.34%, helping it reach a figure of $2.48. As for the digital currency’s market value, it sat at about $2.48 billion.
- Stellar’s market price skyrocketed to 0.59%, helping it reach a price of $0.108000 and a market value of about $2.07 billion.
- Tether followed the list after experience a price jump of 0.13% to $1.01. But as for its value in the market, it only managed to hit a figure of $2.05 billion.
- Litecoin’s also saw a considerable market price jump of about 5.01%, helping it reach a price range of $33.2 and a market value of around $2.00 billion.
- TRON is perhaps an exception, especially since it hit a price mark of $0.024407 after hitting 0.12% and a market value of only $1.63 billion.
- Bitcoin SV is once again successful claiming the 10th spot from Cardano, especially after it had a jump of 0.74% to $77.00. As for the atlcoin’s market value, it was able to hit a figure of $1.35.