Crypto Ups and Downs on 13 - 19 Mar

In this article we present the overview of the gainers and downers among cryptocurrencies with the highest market capitalization during the week on March 13 - 19, 2018
19 March 2018   1366

From this article you will learn about the most unpredictable ups and downs of cryptocurrencies. We have analyzed the crypto market, and researched the most popular tokens and coins with market capitalization over $1M. In the charts below you can find all relevant information regarding the leaders of growth and fall during past 7 days.

If we look at the charts of cryptocurrencies, it is clear that they continue to fall down in price following the trend of the previous week. However, some of the coins managed to gain some points, for instance Asch rose 29.85% within past 7 days. Experience Points is also rising, it managed to increase 7.75%, having its market capitalization grown from $59 million on March 13 to $64 million on March 19.

The Biggest Gainers

Name Market
  Cap
Price 
in $
Volume
 (24h)
Change %
(7 days)
Binance Coin 875 585 753 8,84 106 193 000 + 6.10
Aion 276 459 993 2,61 12 644 000 + 4.86
Asch 96 672 246 1,04 5 765 610 + 29.85
Genaro Network 70 466 101 0,298609 4 631 690 + 6.21
Experience Points 55 621 842 0,000253 173 998 + 7.75

As we have already mentioned before, past week was not so fortunate for some cryptocurrencies. A lot of coins and tokens fell down in price and market capitalization, losing popularity among the users.

The Greatest Downers

Name Market
  Cap
Price 
in $
Volume
 (24h)
Change %
(7 days)
PayPie 55 959 998  0,678303 81 062 - 47.11
SpaceChain 35 909 960 0,069729 109 768 - 52.05
Refereum 21 768 932 0,009320 514 435 - 49.24
adToken 20 252 700 0,033755 705 611 - 43.32
Electrify.Asia 18 434 188 0,073379 294 088 - 43.23

The greatest downer of this week is SpaceChain, which fell 52.05%, having its market capitalization decreased from $72 million to $36 million only within 7 days. Moreover, Refereum has also had a rather unsuccessful week, as it fell 49.24%, having its price drop from $0,016 to $0,009 from March 13 to 19. The market capitalization of adToken dropped from $35 to $20 million, while the market capitalization of Electrify.Asia fell down from $22 million to $16 million.

tZERO to Launch Bitcoin Trading App

Application itself is being developed by Bitsy; it may also begin to support Ethereum in the future
22 March 2019   169

The security tokens platform tZERO announced plans to launch a mobile application for buying and selling bitcoin. In the future, the application may also begin to support Ethereum,  CoinDesk reports.

According to Saum Noursalehi, CEO of tZERO, applications for iOS and Android devices should be launched in June. Bitsy is developing it, a cryptocurrency start-up that is part of the portfolio of the Overstock venture division of Medici Ventures.

That’s part of the reason we acquired Bitsy — to accelerate time to market for our mobile app. They have an app for trading crypto, primarily bitcoin, in a beta-phase, they built a wallet and key recovery mechanism, and this will be the foundation of the mobile app for tZERO. They are also working on some cool stuff like biometric login. 
 

Saum Noursalehi

CEO, tZero

According to him, the application will allow you to store cryptocurrency without the need to trust third parties and it will be connected to the network of exchanges through the API. The implementation of this plan will occur through partner tZERO, the institutional trading platform SFox.

In the future, the head of tZERO added, the platform also intends to create its own cryptocurrency vault to meet the demand from users.

The public beta testing of Bitsy wallet started in November 2018. With his help, the Overstock retailer plans to launch Bitcoin sales on its website.