Market Overview.
The market took a dive recording its first loss this week, after news of ICO ban from South Korea and news on the ban of Bitcoin transactions from Russia. The market lost $8.346Billion a 5.69% drop to close (GMT+9) at $138.46Billion while volume traded was $4.23Billion a 7.95% decrease from the previous day. A total of 1133 cryptocurrencies and 5,594 market pairs were traded. Bitcoin's market dominance grew marginally to 48.60% of the total market cap.
TOP 10 BY MARKET CAP
| RANK | COIN/ASSET | MARKET CAP (BILLION$) | %CHANGE |
|---|---|---|---|
| 1 | BITCOIN BTC | 67.276 | -4.47 |
| 2 | ETHEREUM ETH | 27.016 | -6.69 |
| 3 | RIPPLE XRP | 7.251 | -5.92 |
| 4 | BITCOIN CASH | 7.141 | -6.30 |
| 5 | LITECOIN LTC | 2.729 | -8.58 |
| 6 | DASH DASH | 2.432 | -7.00 |
| 7 | NEM XEM | 1.993 | -8.83 |
| 8 | IOTA IOTA | 1.588 | 5.03 |
| 9 | MONERO XMR | 1.388 | -8.32 |
| 10 | NEO NEO | 1.348 | -9.71 |
| - | TOTAL | 120.162 | -5.39 |
| - | OTHERS | 18.298 | -7.58 |
All coins on the board recorded loss, except IOTA our only gainer recording a 5.03% growth moved up one spot to No.8 swapping with XMR. While NEO was worst hit recording a 9.71% loss. Bitcoin recorded a 4.47% loss and traded as low as $4022, all others retained their spots. The top Ten cryptos combined market cap dropped by 5.39% to close at $120.16Billion controlling 86.78% of the total market capitalization, while the remaining cryptos market cap also dropped by 7.58% to close at $18.29Billion.
TOP 10 BY VOLUME TRADED
| RANK | COIN/ASSET | 24HR VOL (M$) | %CHANGE | DOM PAIR |
|---|---|---|---|---|
| 1 | BITCOIN BTC | 1,634.98 | -13.52 | BTC/USD |
| 2 | ETHEREUM ETH | 568.88 | -8.19 | ETH/USD |
| 3 | BITCOIN CASH BCH | 282.13 | 26.98 | BCH/KRW |
| 4 | TETHER USDT | 268.03 | 17.04 | BTC/USDT |
| 5 | LITECOIN LTC | 216.24 | -12.37 | LTC/KRW |
| 6 | ZCASH ZEC | 192.89 | -5.04 | ZEC/BTC |
| 7 | ETHEREUM CLASSIC ETC | 191.34 | 32.31 | ETC/KRW |
| 8 | RIPPLE XRP | 109.59 | -58.51 | XRP/KRW |
| 9 | QTUM QTUM | 97.38 | 41.66 | QTUM/KRW |
| 10 | NEO NEO | 96.80 | -36.69 | NEO/BTC |
| TOTAL | 3,658.26 | -9.49 | ||
| OTHERS | 576.74 | 3.11 |
QTUM recorded the biggest volume growth of 41.66% moving up one spot to No.9 spot, while XRP recorded the biggest loss of 58.51% of investors attention and five spots to No.8 spot. Our dominant pairs show an 80% CRYPTO/FIAT pairing with a negative effect on the market cap indicating outflow of funds. Combined volume was $3.6Billion a 9.49% decrease, and an 87.38% of total volume traded, while the remaining cryptos traded $576.74Million a 3.11% increase in investors attention.
NEW LISTINGS
| COIN | SYMBOL |
|---|---|
| Salt | SALT |
| Target Coin | TGT |
FRESH ICO's
Bugu is a community based digital asset valuation platform which allows individuals and organizations to evaluate digital asset events. With the Bugu Network, the outcome of events can be accurately discovered through voting and discussions within the community. By utilizing Blockchain technology the results are both verified and transparent.
This ICO was launched 28/09/17 For more HEREFlyp.me is the instant accountless exchange that doesn't require any registration, email or ID verification: only the user's crypto address. The exchange is fully working with 13 cryptocurrencies and 169 trading pairs. It is very easy to use and much more private than any of the competitors. With Flyp.me, anyone can instantly exchange 13 cryptocurrencies straight to their wallet. Private by design, users are always in control of their data. Flyp.me aims to rebalance the power between users of an exchange and the exchange itself, by sharing 50% of the profits made by the exchange and implementing distributed policy-making to enable token holders to propose new features or coin additions, vote for key decisions and audit volumes. Flyp.me has also released an API that already enables businesses and developers to accept payments in 13 cryptocurrencies, with many more in the next few months. Flyp.me is built and managed by the team at HolyTransaction, one of the first web wallets to support Ethereum, the first multi-currency web wallet and the oldest still active. Flyp.me is doing an ICO to fund the decentralization of the exchange, drive its adoption and increase the reserves of each cryptocurrency. The roadmap includes R&D for 2nd layer solutions, the integration of decentralized asset platforms and cryptographic auditing. This ICO was launched 28/09/17 For more HERE
Doc.ai is a conversational AI-powered platform for on-demand, quantified biology. This advanced natural language dialog system was designed for vertical medical domains, and can generate and communicate insights on genomic and pharmacogenomic, exposomic and anatomical data as well as sensor-based wellness features and hematology. With the help of this technology layer they are launching NEURON, a decentralized artificial intelligence platform which allows anyone to connect to the network and train their own AI, by pushing deep learning to edge devices (smartphones). This ICO was launched 28/09/17 For more HERE
NEWS
-South Korean Regulator Issues ICO Ban-CoinDesk
-Russia May Ban Bitcoin Payments Entirely: Deputy Finance Minister -CoinTelegraph
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HAVE A PROFITABLE INVESTING DAY!
SOURCE:CoinMarketCap
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