Key Facts Of The Day 31.05.2018

Japan To Ban Private Cryptocurrencies

The official law will enter into force on June 18th, the Japan Financial Supervision Agency (FSA) reports. It is an attempt to prevent illegal activities in the cryptocurrency market. Local exchanges have already started delisting Monero, Dash, Augur and Zcash. The regulator's decision comes after a hacking attempt on the Japanese cryptocurrency exchange CoinCheck, which led to the theft of 523 million NEM (XEM) cryptocoins.

Bittrex To List USD Pairings

American crypto-exchange Bittrex signed an agreement with the New York Signature Bank, which will allow some customers to trade in U.S. dollars, Bloomberg reports. Initially, fiat trading will be available in pairs with Bitcoin, Tether, and TrueUSD only for corporate clients from Washington, California, New York and Montana. In the future, the exchange promises to provide fiat trading to retail investors.

Сrypto World Expects June 13

June 13th is a day that will have a big impact positive or negative on the entire cryptocurrency industry. It is intriguing, isn't it? June 13th, the U.S. Securities and Exchange Commission (SEC) is planning on holding an investor conference at Georgia State University, Atlanta. According to SEC website, “All five SEC Commissioners are coming to Atlanta to meet with you: young people, the military, urban and rural, those saving for retirement, and seniors—the diverse, the dynamic people of the southeast region.” We are likely to be able to learn about the position of US regulators in relation to the cryptocurrency market.

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India Refuses To Buy Venezuelan Oil In ‘Petro’

India does not plan to buy Venezuelan oil in ‘Petro’, despite the 30 percent discount it was offered by the South American country. The reason is the restrictions of the local central bank, writes CCN. The foreign minister of India, Sushma Swaraj, said in a press conference: “We cannot have any trade in cryptocurrency as it is banned by the Reserve Bank of India. We will see which medium we can use for trade.”

Paxos Has Raised $65 Million

The blockchain startup Paxos completed a $65 million funding round, Reuters reports. The New York-based company raised money from investors including venture capital firms RRE Ventures and Liberty City Ventures. “We will use the capital to help grow the business which is broadly our settlement business on the Paxos side and the crypto asset exchange and custodian on the itBit side,” Chief Executive Charles Cascarilla said.

Hyperledger Has Expanded To 235 Participants

Cross-industry blockchain project announced that 16 organizations joined it. Hyperledger now includes more than 235 organizations such as Intel, IBM and other leaders of computer development. Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. The goal of the initiative is to create an industry-wide network in which organizations will have free access to data from the distributed registry.

At 21.00 (GMT+1) total cryptocurrency market capitalization stands at $333, 6 billion

Huobi Token (+21,8%) showed the best growth in the top-100

IOTA (+15,4%) showed the best growth in the top-10

Market Dynamics

The trading volume of cryptocurrencies for 24 hours reached to $ 15,8 billion (-1 billion per day)

Mining Profitability

Ongoing ICO:

Expected ICOs:

Click here for the full list of ongoing ICOs.

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By Ekaterina Ulyanova