Cryptocurrency Market Review 05.03.2018
Main page Digest, Cryptocurrency, Ripple
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March 5, 2018
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Ripple's XRP surges on rumors it will be added to Coinbase. Ripple's XRP (XRP/USD) token has gained over 11% within 24 hours as it benefits from several positive news developments. The digital token reached $1.08 at roughly 03:00 UTC (10 a.m. EST), roughly 19.85% higher than the same time the day before.

South Korean chat app Kakao plans blockchain unit. South Korea’s largest messaging app operator Kakao is planning to establish a unit focusing on blockchain technology. Co-founder of local startup accelerator FuturePlay Inc, is expected to lead the new unit.

MoneroV hard fork expected on March 14. Monero (XMR) (XMR/USD) price has surged by more than 33% in a week ahead of the hard fork expected on March 14. At the time of the fork, holders of Monero will receive free MoneroV tokens at a ratio of 1:10.

PayPal aims to increase cryptocurrency payment speed. PayPal (NASDAQ: PYPL) is working on new technology to boost the speed of its cryptocurrency payment services. The system will reportedly allow for instantaneous transactions between buyers and sellers. The company detailing its plan for an “Expedited Virtual Currency Transaction System” in an application filed with the US Patent and Trademark Office.

The total cryptocurrency market capitalization stands at $470 090 004 613.

  • Bitcoin (Bitcoin) is 2.54% up to $11 530,50
  • Ethereum (ETH/USD) is 0.46% down to $858,20
  • Ripple (XRP/USD) is 9.74% up to $1,04
  • Bitcoin Cash (Bitcoin.Cash) is 1.23% up to $1 270,86
  • Litecoin (LTC/USD) is 0,97% up to $211,58

Expected ICOs

For the full list of ongoing ICOs click here.

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