Crypto Ups and Downs on Feb 27 - Mar 5

In this article we present the overview of the gainers and downers among cryptocurrencies with the highest market capitalization during the week from Feb 27 to Mar 5
05 March 2018   876

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.

This week was much more successful for the coins and tokens with high market capitalization, than the previous one. For instance, CloakCoin is currently the leader of our charts as it rose 82.14% within past 7 days. Theta Token is also rising, it managed to increase almost 79%, having grown from $0,12 on February 27 to $0,21 on March 5, while its market capitalization grew from $71 million to $122 million.

The Biggest Gainers

Name Market
  Cap
Price 
in $
Volume
 (24h)
Change %
(7 days)
Particl 299 470 341 33,69 5 413 260 + 57.41
Nexus 168 736 145 3,01 25 009 000 + 73.00
Genesis Vision 133 912 555 35,93 9 616 780 + 54.37
Theta Token 123 736 865 0,212272 23 252 300 + 78.96
CloakCoin 87 741 80 17,20 8 580 890  + 82.14

Nevertheless, 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)
Revain 277 532 693 1,50 5 317 050 - 34.87
Bitcore 123 378 319 10,25 1 241 020 - 49.55
BridgeCoin 84 590 730 3,13 55 390 - 33.68
Experience Points 77 803 574 0,000358 801 944 - 34.13
CoinDash 47 556 863 0,072476 1 100 400 - 31.09

The greatest downer of this week is Bitcore, which fell 49.55%, having its market capitalization decreased from $252 million to $122 million only within 7 days. Moreover, Revain has also had a rather unsuccessful week, as it fell 34.87%, having its price drop from $2,35 to $1,52 from February 27 to March 5. The market capitalization of Experience Points dropped from $130 to $77 million.

SEC to Need More Info on BTC ETF

SEC is gathering more input from the public – to date, according to the agency, more than 1,400 comments have been submitted
21 September 2018   170

The US Securities and Exchange Commission (SEC) announced the beginning of a formal process for considering the application for the creation of bitcoin-ETF from the New York companies VanEck and SolidX. Nevertheless, the agency appealed to the community for more information. This is stated in the document published on the SEC website.

Institution of such proceedings is appropriate at this time in view of the legal and policy issues raised by the proposed rule change. Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved. Rather, as described below, the Commission seeks and encourages interested persons to provide comments on the proposed rule change.
 

The US Securities and Exchange Commission

At the moment, the SEC received about 1,400 comments.

According to the document, the Chicago Board Options Exchange (CBOE) has signed an agreement on the exchange of data on bitcoin transactions, trading and the state of the market with the cryptocurrency trading platform with Gemini.

The agency asked commentators to clarify the position of Gemini in the digital currency market and assess the likelihood of increased volatility at this site in connection with possible trades of bitcoin-ETF.

So, before September 30, the department had to decide on whether to approve, deny or initiate the proceedings. The SEC chose the latter, which is likely to delay the process until the next year.