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   817

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%

German Financial Regulator Clarifies Stance on ICOs

The Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) has clarified its position on ICOs
22 February 2018   53

German financial regulator admitted it was receiving many inquiries about the status of tokens and cryptocurrencies. According to an advisory letter, BaFin provides some basic definitions of ICOs and related terms. It is important because the results of a new survey showed that more than two-thirds of Germans know about bitcoin.

In this letter, BaFin educates the public and explains how tokens are typically generated, how blockchain works and that ICOs are used to raise funds for startup projects. The note states that for regulatory purposes, ICOs, tokens, coins, and cryptocurrencies are subject to the existing provisions in the field of securities supervision and other relevant national and EU laws.

The authority advises participants in ICOs to check and follow rules applicable to regulated financial instruments, such as securities. If businesses or individuals have any doubts about regulations, they should approach BaFin.

According to BaFin, companies should fulfill any obligations under the Banking Act and the Capital Investment Code, the Insurance Supervision Act and the Payment Services Supervision Act. The transactions may be prohibited if relevant regulatory requirements are not met.

The authority also states that legal classification of tokens requires precise examination. It will determine their status on a case-by-case basis after studying their features. The token should be transferable and tradable on cryptocurrency trading platforms in order to be classified as a security.