Key Facts Of The Day 06.07.2018

Bittrex Partners Up For European Venture

The large American crypto exchange platform Bittrex has announced that it will collaborate with trading company invest.com. Two companies are set to create a single new cryptocurrency exchange which, according to the announcement, will serve for the customers located within the European Union. The new crypto exchange will offer trading options for around 200 cryptocurrencies, Bittrex is trading now. invest.com is registered within the laws of the EU regulator will enlarge its portfolio of products through this move.

Russia’s Central Bank to Facilitate Blockchain-Based Transactions

Russian Central Bank will provide an opportunity to use smart contracts and electronic letters of credit as early as 2019 on a large scale. The authority is preparing the necessary framework to implement blockchain into its operating system which will send documents not only through emails, but also transfer them through distributed ledger systems. According to experts, it will significantly increase the transparency of operations for all parties involved in the deal.

SIX Reveals New Crypto Exchange

Switzerland Stock Exchange which is operated by SIX reveals plans to create a new “ecosystem-like” cryptocurrency exchange platform which will oversee trading, custodies, and settlements. The new enterprise will be called SIX Digital Exchange (SDX) and is to be based on a distributed ledger technology. During the presentation of the project, SIX Head of SIX will be bringing their experience, know-how and a set of services never offered together before to SDX, setting it apart from the rest of the exchanges.

IBM Will Aid Australia In Data Security

IBM Corporation became a technology partner of the Australian Government in projects requiring blockchain applications. The parties signed a five-year cooperation agreement worth one billion Australian dollars ($740ml). Australia is planning to become one of the leading e-governments by 2025 and the collaboration with IBM will help the country’s authorities to create a system which will allow its citizens and businesses to gain access to user-oriented, easy-to-understand trustable services.

South Korea Classifies Crypto Exchange as Industry

Country’s regulators intend to introduce a classification system to blockchain related projects and crypto exchanges. With this classification, which will have ten subcategories, South Korea will for the first time recognize crypto exchanges as an industry. According to this new system, cryptocurrency exchanges will be considered as an "Encrypted Asset Brokerage", while blockchain developers as a “blockchain-based software development and supply business”.

At 15.00 (GMT+1) total cryptocurrency market capitalization stands at $266,9 billion

Bitcoin (EXANTE: Bitcoin) $6 619 (-1,17%)

Ethereum (ETH/USD) $471 (-1,24%)

XRP (XRP/USD) $0,47 (-2,65%)

Bitcoin Cash (EXANTE: Bitcoin.Cash) $726 (-3,94%)

EOS (EOS/USD) $8,59 (-4,51%)

Hshare (+5,75%) showed the best growth in the top-100

Market Dynamics

The trading volume of cryptocurrencies for 24 hours reached $16,2 billion (+1,1 billion per day)

Mining Profitability

BTC $3,3 for 10 TH/s

ETH $0,38 for 10 MH/s

BCH $0,24 for 1 TH/s

LTC $4,3 for 1 GH/s

DASH $0,13 for 1 GH/s

Ongoing ICOs:

Expected ICOs:

Click here for the full list of ongoing ICOs.