Market Update 2.23.19 – ShapeShift Wants New CFO

| Publish date: 02/23/2019

Market News

ShapeShift Wans New CFO

The crypto exchange company is looking to hire a new CFO, as it continues to enhance its management team. The decision to do so is just ahead of its major revamp. According to the official report, the company wants to bring the said position, so it can succeed the former man behind it named Justin Blincoe.

Blincoe, on the other hand, is looking to take a brand new role in the company. Emily Coleman, the firm’s very own chief marketing officer, said that the firm wants to evolve as an organization – a move that continuous to be part of its core since day one. In order to achieve this the right way, Coleman said the company wants to bring in new talent and skills.

Read the full report here.

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Reddit Co-Founder Comments On Crypto Space

The co-founder of Reddit named Alexis Ohanian is known to be a cryptocurrency bull. He recently claimed that the hype surrounding digital currencies is finally gone, leaving the space for true cryptocurrency believers. The executive spoke on the idea in a recent interview.

Changelly - Exchange cryptocurrency at the best rate

When asked if he still is confident about the existent of digital assets, Ohanian responded by saying that the current state is in a so-called “crypto winter.” In other words, the prices related to digital assets have significantly declined.

Read the full report here.

Parity Dev Quits ETH Projects

The release manager at the blockchain infrastructure company called Parity Technologies named Afri Schoeden has reportedly quit all of his Ethereum projects. The decision to do so reportedly came after a controversial tweet that brought outrage on social media. Schoeden’s tweet, in particular, heavily criticized the Ethereum 2.0 called Serenity.

It is basically the final upgrade specifically designed for the Ethereum network. Its existence is believed to introduce the mainnet over to a proof-of-stake or PoS consensus algorithm. Apparently, though, the tweet got the attention of many; hence, it was subsequently deleted.

Read the full report here.

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Total Market Cap: February 23

The crypto’s trade volume in the market reached a figure of around $23.70 billion. But when it conquered its market’s capitalization, it was successful in reaching at least $134.50 billion.

Bitcoin Price Analysis: February 23

Bitcoin the leading digital asset, got a trade fall of 0.03% and a price of $3,974.67. If one is to talk about the crypto’s trade volume aspect, it overwhelmed a figure of $7.52 billion. But when stressing the highly expected market hit, it succeeded in throwing a figure of $69.77 billion.

Ethereum Price Analysis: February 23

Ethereum’s price in the past 24 hours showed a trade jump to 0.31% and, therefore, it dealt at about $147.62. Now, as for its trade volume, it was roaming around $3.57 billion and its capitalization at $15.50 billion.

State of the Top 10 Cryptocurrencies: February 23

Following the 24 hours scope, most of the prices were down, though some were up. Also, Binance Coin still earned the 10th place away and kicked Cardano.

  • Bitcoin’s price in the market fell to 0.02% leading to a market price of $3,974.86. Its market value, on the other hand, fell $69.77 billion.
  • Ethereum’s market price jumped to 0.31%, boosting to $147.62 price. Meanwhile, market value got $15.50 billion.
  • XRP’s market price plummeted to a percentage of 0.48 and a price of $0.319132 price. The market value, thanks to the fall, was only $13.20 billion.
  • EOS’ market price also fell to 0.03%, resulting in $3.84 price. As for its market value, it only obtained $3.48 billion.
  • Litecoin followed the list despite a trade fall of 0.94%, contributing to $49.04 price. Its value in the market is not also remarkable since it only managed to hit $2.97 billion.
  • Bitcoin Cash was not noteworthy as well, with a trade fall of 0.80% and a price of $142.75. When concerning its market value, the token satisfied the $2.52 billion mark.
  • Tether jumped to 0.28%, enabling a whopping price of $1.01. The market value sat at $2.04 billion.
  • Stellar’s market price also soared 1.30%, capturing the price of $0.090405. For its value in the market, it established a figure of $1.73 billion.
  • TRON fairly traded as well to 0.34%, resulting to a price of $0.025049 and a market value of $1.67 billion.
  • Binance Coin may have won the 10th spot from Cardano, but its performance was still awful. It got a trade fall of 2.21% and a price of $10.57, not to mention a market value of only $1.49 billion.

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