Cryptocoins: the leaders of growth and fall on Oct 10-17

MonaCoin, a currency with a decent capitalization, shows the highest growth, while Falcoin, which goal was to become the first stable currency, is striving down
17 October 2017   2644

MonaCoin - a currency with a decent capitalization shows the highest growth. Falcoin - whose goal was to become the first stable currency, to strive down.

By reading this acticle, you can find out which cryptocurrencies are the leaders of growth and fall in last 7 days. In this article, we've considered only cryptocoins with market cap over $100k and which are traded in pair with USD. 

The biggest fall

Name Market cap Price in $ 24h volume Сhange (7 days)
Falcoin 169824 0,863073 202240 -76,58%
Clams 10647390 3,99 915771 -64,22%
SpreadCoin 3605757 0,403614 282571 -60,28%
eBTC 1395341 0,067853 119509 -59,27%
Substratum 22761531 0,100674 321651 -34,99%
Po,et 12958800 0,006066 164522 -31,13%
vSlice 7873880 0,235812 517945 -31,10%
Everex 19905930 1,21 282368 -31,02%
EmberCoin 3974213 0,000051 181129 -30,55%
COSS 2513049 0,124159 909784 -28,23%

The biggest jump

Name Market cap Price in $ 24h volume Сhange (7 days)
MyBit Token 8447278 3,23 112219 59,10%
RaiBlocks 16452982 0,131188 243544 67,40%
adToken 27081000 0,045135 2798060 73,01%
Regalcoin 93823371 33,39 3760030 76,86%
Neblio 41868846 3,36 615425 91,14%
Stellar Lumens 626305804 0,037757 192404000 109,93%
ParkByte 2438953 0,511952 1325660 118,68%
TransferCoin 5611527 0,910421 651873 121,01%
Metaverse ETP 93470662 4,14 19694100 219,93%
MonaCoin 175457666 3,21 5015850 339,36%

Marketcap leaders situation

Name Market cap Price in $ 24h volume Сhange (7 days)
Bitcoin 94469137741 5681,03 1880770000 17,66%
Ethereum 30768460643 323,37 476589000 7,23%
Ripple 9783003606 0,253896 821186000 -0,29%
Bitcoin Cash 6280089893 376 681973000 15,75%
Litecoin 3252207181 60,89 198165000 20,41%
Dash 2280464536 299,01 44637500 4,31%
NEM 1960335000 0,217815 6586450 1,61%
NEO 1522860000 30,46 42079200 2,01%
Monero 1435496831 94,26 39935500 8,43%
BitConnect 1385643087 192,66 13856900 18,61%

New York State to Revise BitLicense Granting Terms

At the moment, BitLicense is the most stringent legal framework for the cryptocurrency industry
23 October 2019   14

The terms for granting the so-called BitLicense, the license required for cryptocurrency companies to work in New York State, will be reviewed. This was stated by the superintendent of the New York Department of Financial Services (NYDFS) Linda Lacewell, reports CoinDesk.

BitLicense is considered the most stringent legal framework for the cryptocurrency industry at the state level. In particular, companies are required to receive it for cryptocurrency transactions of New Yorkers, even if they themselves are based in other jurisdictions.

Last year, Kraken, a San Francisco-based exchange, chose not to receive BitLicense, but to completely leave New York. Earlier this year, the Bittrex exchange (Seattle) also left the state without licensing.

This is a good time to take a look, a responsible look and see how our regime is fitting the current market and … what if any adjustments should we think about making to continue to adapt to sort of a changing industry … that’s going to be one of the things that [we do].
 

Linda Lacewell

Superintendent, New York Department of Financial Services

At the same time, she called not to “be too happy” about possible changes in the rules for the cryptocurrency industry.

According to her, the current regulatory regime “works well,” but the industry has changed since 2015, when BitLicense was introduced.

How has the industry grown? Has it matured in any way? And I don’t want to get too specific, but you know, it’s a good time for a second look.
 

Linda Lacewell

Superintendent, New York Department of Financial Services

 Lacewell did not specify when the revision of licensing terms will be completed and what exactly industry participants can expect in the end.

Since the introduction of the license until June 2018, only 6 companies have received BitLicense, but over the past 20 months, after the regulator has softened its position, 16 more companies have been added to their number.