Market Update 3.26.18 – Ripple to Launch International Payment App
Market News
Santander and Ripple to Launch International Payment App
The banking firm Santander expected to partner with Ripple to launch an international payment app that will be powered by Ripple’s blockchain platforms, XCurrent as well as RippleNet.
The Chief Executive Officer of Santander, Ana Botin, had mentioned that such an app could be launched in the bank’s 2017 earnings presentation. Botin stated that this facility would be available in Spain, the UK, Brazil and Poland to begin with.
Now, the UK division’s CEO, Nathan Bostock made an official announcement of the app’s release during the International Fintech conference that took place in London.
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Solve the Painting to Earn Cryptos
A new painting series by Andy Bauch is taking the world by storm. Bauch’s series called New Money hides abstract crypto codes in his Lego artwork. Each of these codes is actually a private key to digital wallets that contain up to $9000 worth of cryptos in them.
While buying the painting doesn’t guarantee you the codes, the artist said he would give the buyer a leg up by given him or her a “hint” of what the code is. Basically, anyone who can figure out the codes can access the wallets and win the money.
The paintings will be exhibited at the Castelli Art Space in Los Angeles between March 23 and March 25. The exhibition will also telecast a live feed of the changing prices of the money in each of the private keys.
Find out more here.
Highest Number of Blockchain Patents in 2017 from China
Despite the intense crackdown on cryptocurrencies and crypto-related businesses in China, the country actually filed the largest number of patents related to blockchain technology with the World Intellectual Property Organization (WIPO) last year.
According to data collected by Thomson Reuters from WIPO, of the 406 patents filed for blockchain technology, 225 were from China. The US followed far behind with 91 patents filed and the third highest were from Australia.
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Total Market Cap: Mar 26
Trading in cryptocurrencies in the last 24 hours still shows low volumes at $11.82 billion worth of cryptocurrencies changing hands. The total market worth of cryptocurrencies is currently at $328.25 billion.
Bitcoin Price Analysis: Mar 26
Bitcoin’s market price continues its slow slide, going down another 1.36% in the last one day. The crypto is currently trading at $8496.36 and its trading volume is at $4.6 billion. Bitcoin’s market capitalization is now $143.72 billion.
Ethereum Price Analysis: Mar 26
Ethereum’s market price stayed almost flat for the last 24 hours, losing barely 0.16% to a current trading price of $522.82. Trading volume is $1.19 billion, while its market cap is $51.40 billion.
State of the Top 10 Cryptocurrencies: Mar 26
Given below is the list of the top ten cryptocurrencies’ performance in the last 24 hours. Stellar has been the highest performer in the last one day, with the crypto’s price going up by almost 5%.
- Bitcoin’s currently priced at $8496.36, dropping by 1.36%. Market cap for the crypto is $143.72 billion.
- Ethereum’s currently priced at $522.82, dropping by 0.16%. Market cap for the crypto is $51.40 billion.
- Ripple’s currently priced at $0.632180, inching up by 0.34%. Market cap for the crypto is $24.71 billion.
- Bitcoin Cash’s currently priced at $973.26, dropping by 1.08%. Market cap for the crypto is $16.58 billion.
- Litecoin’s currently priced at $160.34, inching up by 0.25%. Market cap for the crypto is $8.94 billion.
- EOS’s currently priced at $6.51, dropping by 3.26%. Market cap for the crypto is $4.89 billion.
- Cardano’s currently priced at $0.180908, dropping by 2.62%. Market cap for the crypto is $4.69 billion.
- Stellar’s currently priced at $0.244749, going up by 4.91%. Market cap for the crypto is $4.53 billion.
- NEO’s currently priced at $64.02, dropping by 3.24%. Market cap for the crypto is $4.16 billion.
IOTA’s currently priced at $1.32, dropping by 0.75%. Market cap for the crypto is $3.66 billion.