Cryptocoins: the leaders of growth and fall on Oct 17-23

Zencash shows 246,11% growth in comparison with Parkbyte and Rubycoin going down
23 October 2017   4108

Zencash coin grows enormously while Parkbyte drops 33.04% during past 7 days.

From 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 Change
(7days)
ParkByte 2262670 0,474949 161146 -33,04%
Rubycoin 21204489 0,851582 1477470 -32,70%
Internet of People 4077760 2,25 257674 -29,55%
Ripple 7528792985 0,195393 67650100 -28,35%
Einsteinium 14149962 0,065878 2114270 -27,41%
DigitalNote 8403028 0,00122 3082780 -25,55%
Nexus 55897377 1,05 493349 -24,98%
Elastic 20798151 0,239125 258597 -24,53%
Diamond 15380350 6,2 201173 -23,05%
Blitzcash 3803933 0,928231 119917 -22,90%

About the development and possible reasons of Ripple fall you can read in Ripple drops and doesn’t seem to recover and drop circumstances of DigitalNote are reported in DigitalNote fall: XDN users misled by rumors

 

The biggest jump 

Name Market
 cap
Price in $   24h volume Change
(7 days)
FlorinCoin 12533284 0,090109 392255 28,92%
ATC Coin 6266904 0,595376 302060 29,65%
Regalcoin 106650459 37,95 4124470 30,16%
Ethereum Dark 784553 0,523035 105486 40,46%
Unobtanium 15072007 76,19 4103310 44,69%
Neblio 53863399 4,31 250209 63,90%
Asch 52091325 0,694551 383974 92,30%
Vertcoin 124260292 3,06 70654000 94,58%
TransferCoin 12424431 2,01 1060310 139,66%
ZenCash 54212183 23,29 7360880 246,11%

Reasons why Vertcoin might have risen are enumerated in Vertcoin rises significantly.

 

Marketcap leaders situation

Name Market
  cap
Price in $    24h
volume
Change
(7days)
Bitcoin 97256669630 5844,37 1892910000 3,47%
Ethereum 27037849524 283,8 330760000 -16,82%
Ripple 7528792985 0,195393 67650100 -28,35%
Bitcoin Cash 5336278371 319,38 213402000 1,67%
Litecoin 2889975863 54,02 103981000 -15,54%
Dash 2016801138 264,04 45085100 -14,04%
NEM 1805679000 0,200631 5077660 -9,63%
BitConnect 1454959607 200,95 12193800 3,32%
NEO 1350345000 27,01 25541400 -2,25%
Monero 1294200182 84,84 26630000 -11,16%

Binance Singapore Unit to Apply For License

Under the new law, aimed at regulating crypto paymetns and trading, firms must register with the Monetary Authority to receive a license
17 February 2020   295

Binance, a Singapore-based cryptocurrency exchange unit, has applied for a license under the new Payment Services Act, which entered into force on January 28.

We have already applied. We submitted the application pretty fast. Binance’s Singapore entity has been in close touch with the local regulators, and they have always been open-minded.

 

Changpeng Zhao

Founder and CEO, Binance

Under the new law, crypto companies in Singapore must register with the Monetary Authority and receive one of three licenses: an exchange of money, a standard or large payment institution. The measure is aimed at regulating payments and crypto trading using requirements for participants in the traditional finance industry. Zhao did not specify which of the licenses Binance Singapore chose.

Binance has been offering crypto-fiat trading services in Singapore since April 2019 and works with eight coins, including Bitcoin, Ethereum and XRP. The trading platform is supported by Vertex Venture Holdings, a venture division of Singapore's Temasek Holdings.