cryptomarket update

M worth of BTC were exchanged in the BTC/USD market representing a 19.35% share of the global daily volume. The BTC/JPY pair represents a 56.3% share.

The Ethereum price has dropped 9.15% over the past 24 hours and is currently sitting at $533, with over $350 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 37.6% market share of the daily trading volume.

For a detailed market analysis click here

Bitcoin Wallet Xapo Implements Scaling Solution SegWit

Xapo Wallet's President, Ted Rogers, has announced that the platform has activated Segregated Witness (SegWit), the scaling solution developed by the Bitcoin Core. According to the company announcement, the adoption of Segwit will enable the platform to develop a technology that will change Bitcoin's current status as a store of value to a scalable currency.

Read more here

Alabama Securities Watchdog Hits 3 ICOs with Cease-and-Desists

Yesterday, Alabama Securities Commission (ASC), the U.S. state's securities regulator, has ordered a cease and desist order jointly with its counterparts in Texas and New Jersey against to three initial coin offerings (ICOs) that are soliciting local residents in Alabama. The regulatory entity accused the Extrabit, LEV and Platinium ICOs of selling unregistered securities while making unrealistic promises to potential investors over the likely returns on investment.

Read more here

Six Japanese Public Companies Announce Plans to Launch Crypto Exchanges

Last week, a number of companies listed on the Tokyo Stock Exchange revealed their plans to enter the crypto exchange business for the first time. They include one of the most popular budget-managing app operators, an entertainment conglomerate, one of the largest music labels, and a medical corporation. These corporations join other public companies that previously announced their plans to launch crypto exchanges such as SBI Group, Line Corp, and Yahoo! Japan.

Read more here

Join us at the MJAC Blockchain Summit on 13th June

Here are the top reasons to attend one of the biggest blockchain events in London:

· Over 50 leading companies exhibiting at the show: The one-day event will feature presentations and panels from major forces in the industry such as Ripple, Coinbase, Citi, BlockEx, Coinfloor, VanEck and many more.

· Expert speakers: The lineup will include notable speakers such as Chris Burniske - co-founder of Placeholder Ventures, Coinbase UK CEO Zeeshan Feroz, Ruth Wandhöfer - Managing Director at Citi and CryptoCompare co-founder and CTO Vlad Cealicu.

· Exclusive discount

Get your ticket by the end of May here and enjoy a 40% discount by using the CRYPTOCOMPARE promo code, plus a free copy of Chris Burniske’s book.

CriptoHub aims to be the #1 crypto and financial exchange in Brazil

CriptoHub’s native coin (CHBR) powers the cryptocurrency exchange, granting token holders exclusive benefits including progressive discounts on brokerage fees (the lowest rates available in Brazil).

Created using the world-leading Ethereum ERC20 technology, the CHBR token system is designed to securely scale as transactions and demand grows

Powerfull Referal Program

Our referral program pays a generous 20% of any referred member’s user fees. So if you refer people to CriptoHub and they use the service, you’ll get a trailing commission. We’re the first exchange in Brazil to offer an affiliate program, which will generate a lot of additional marketing for CriptoHub.

Easy-to-use Pre-paid Credit Card

All CriptoHub account holders will be able to get a pre-paid credit card where they can spend cryptocurrency in local Brazilian real (BRL). This gives everyone an easy to way use cryptocurrency without having to cash it out via a bank first.

Buy & Sell in Crypto-coins Directly in Your Virtual Store

The Brazilian E-Commerce market transacts more than R$ 50 billion per year and CriptoHub will offer merchants payment solutions to easily accept any digital currency.

Click here to learn more about CriptoHub

Recently Added:

UBC added to Ongoing List

Press Release

State of the Crypto

Bitcoin is down 1.31% at $7,237.680 with a volume of Ƀ62.3k - $456.7M on the USD pairs.

Ether is down 7.59% against Bitcoin at Ƀ0.07419 per Ether and down 9.15% against the dollar to $533.42 with average volume Ƀ44.3k on the ETH/BTC pair.

Bitcoin Cash is down 4.7% to Ƀ0.1297 with volumes of Ƀ21.1k and down 6.56% against the dollar at $931.15.

Ripple is down 3.13% to Ƀ0.00008013 with volumes of Ƀ8.1k and down 4.77% against the dollar at $0.5773.

Zcash is down 5.72% for the day to Ƀ0.03412 per ZEC and down 7.26% against the dollar to $246.46 with an average volume of Ƀ2.5k for the 24 hour period.

Litecoin is down 3.57% against the dollar for the day at $113.7 and down 2.36% to Ƀ0.01571 on volumes of Ƀ10.4k.

Dash is down 0.93% at Ƀ0.0424 with Ƀ4.9k volume and down 2.15% against the dollar at $308.52.

Iota is down 0.81% to Ƀ0.0001969 on Ƀ2.8k volume.

Ether Classic is down 1.87% to Ƀ0.002043 with volumes of Ƀ5.3k and down 3.67% against the dollar at $14.71.

Monero is down 1.44% against the dollar at $159.83 and up 0.05% against Bitcoin at Ƀ0.02207 on volumes of Ƀ3.5k.

Neo is down 2.45% for the day to Ƀ0.006875 per NEO and down 4.31% against the dollar to $49.5 with an average volume of Ƀ2.2k for the 24 hour period.

Waves is down 3.55% to Ƀ0.0005699 on Ƀ2.2k volume.

Stratis is down 7.31% to Ƀ0.0005951 on Ƀ719.346 volume.

Cardano is down 6.04% to Ƀ0.00002487 on Ƀ4.3k volume.

NEM is down 4.06% to Ƀ0.00003357 on Ƀ593.84 volume.

EOS is down 2.19% to Ƀ0.001655 on Ƀ34.4k volume.

Tron is down 8.22% to Ƀ0.00000904 on Ƀ24.2k volume.

Stellar is down 4.26% to Ƀ0.00003619 on Ƀ4.0k volume.

Market risers
1 LEMON +44.44%
2 PAT +38.24%
3 RICHX +29.63%
4 CVC +29.24%
5 BBC +26.48%
Market losers
1 HOLD* -22.93%
2 EBH -18.60%
3 LALA -18.41%
4 XTO -17.94%
5 LBTC -17.68