Most cryptocurrencies in the red, NEM growing. The cryptocurrency market was again in the red early on Tuesday, but some cryptocurrencies in the top 100 tend to rise. NEM keeps growing against the backdrop of news that Coincheck has resumed trading the cryptocurrency and began paying compensation to customers. NEM has gained 14.94% in the past 24 hours to reach $0,441353, according to CoinMerketCap.com.
First official Bitcoin monument unveiled in Slovenia. The first official monument dedicated to Bitcoin has been unveiled in the Slovenian city of Kranj. A giant installation of Bitcoin’s famous ‘B’ logo has been placed by city authorities at one of the roundabouts near the city center.
Japan to urge G20 to prevent cryptocurrency use for money laundering. Japan will urge its G20 counterparts at a meeting next week to speed up efforts to prevent cryptocurrencies from being used for money laundering, a government official has said. Finance ministers and central bankers of the Group of 20 major economies will meet in Buenos Aires on March 19-20, with cryptocurrencies set to be on the agenda.
New oil-backed cryptocurrency PetroDollars to be launched. New York-based investment and holding company Signal Capital Management has announced the launch of PetroDollars (XPD), a cryptocurrency backed by oil reserves, natural gas, and similar commodities. A global ICO is expected to take place in late 2018 and to be up to US$700 million in size, one of the largest ICOs to date.
The total cryptocurrency market capitalization stands at $370 427 280 243.
For the full list of ongoing ICOs click here