Marketcap at an all-time-high and Bitcoin slowly gaining
Over the past couple of weeks, the crypto-industry has been getting an enormous amount of publication from Walls St to the various media outlets such as Forbes and CNBC. As a result, we see more money and investors pouring into the crypto-world; and as a result the total marketcap is at an all-time-high of $773 Billion USD. Just under $40 Billion USD today and $170 Billion in a week. It seems more of the money is going into Bitcoin, with its Dominance rising by ~ 1.5%.
Ripple Rumors Debunked by Coinbase
Coinbase has spoken out and said that GDAX or Coinbase will not be adding a new coin anytime soon.
“A committee of internal experts is responsible for determining whether and when new assets will be added to the platform in accordance with our framework. These individuals — and all employees at Coinbase — are subject to confidentiality and trading restrictions.
As of the date of this statement, we have made no decision to add additional assets to either GDAX or Coinbase. Any statement to the contrary is untrue and not authorized by the company.” - CEO Brian Armstrong
Full article here.
Chinese Exchange Launches Delayed due to South Korean Regulations.
Exchanges Okcoin and Huobi, as a result of the regulation against anonymous trading of cryptocurrencies in South Korea, have been delayed to launch.
" A new entry into the virtual currency trading market will be blocked until the realization of the so-called ‘virtual money real name system’ that can confirm the identity of the account owner on the 20th of this month. "
More of this here.
Zuckerberg is going to look into Cryptos
On facebook, Mark Zuckerberg announced that he wants to "fix" facebook and in-order to do that, he will look into cryptos and decentralisation.
Check out the full post on Facebook.
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