Cryptocurrency Market Review 07.03.2018
Main page Digest

ICO on HBO: Cryptocurrencies Go on Screens

Tech based show “Silicon Valley” gave more attention to cryptocurrencies. E7 S5, which came out last night, is great televised representation related to the topic. In the latest episode the Pied Piper quartet ditches their traditional financing method and looks into getting financing from an ICO. We are not going to spoil the episode if you have not seen it yet. Just note that crypto-theme is going to be covered this season. In addition, one ofthe characters of the show, Gilfoyle, has been known to be a Bitcoin supporter since season one. And if you haven’t started watching Mike Judge's show "Silicon Valley", you're missing out on a great thing.

Ethereum Has Registered a Five-Percent Drop in Price

The drop comes before the rumored US regulators meeting where the Commodities Futures Trade Commission (CFTC) and the Securities and Exchange Commission (SEC) are expected to discuss legal status of cryptocurrency and ways to regulate it. Crypto-traders speculate that the decisions taken at regulators meeting could have a serious impact on their investments.

JPMorgan To Patent Blockchain Payment

The leading investment bank plans to implement distributed-ledger-based system. It will be used to record transactions between banks via peer-to-peer network. Details of a patent filedby JPMorgan Chase&Co. in October 2017 were finally published by the U.S.Patents and Trademark Office on Thursday.

Japan Introduces Regulations to Prevent Future Coin Heists

The Japanese Financial Services Agency has introduced tighter registration regulations for cryptocurrency exchange operators. A five-point checklist will now require exchanges to comply with new operational standards.

Famous People Took Up Arms Against Bitcoin

Warren Buffett and Bill Gates made harsh statements in relation to the most popular cryptocurrency. The founder of Microsoft said that Bitcoin (Bitcoin) and ICOs are “crazier, speculative things” in CNBC interview. Recently, a similar statement was made by Warren Buffett. American investor said that Bitcoin was "probably rat poison squared".

One of the most discussed pictures of the day on Reddit was comics:

The total cryptocurrency market capitalization stands at $ 435,5 billions.

  • Bitcoin (Bitcoin) is 2,11% down to $9371,33.
  • Ethereum (ETH/USD) is 6,77% down to $731,41
  • Ripple (XRP/USD) is 5,02% down to $0,83.
  • Bitcoin Cash (Bitcoin.Cash) is 5,45% down to $1630,71.
  • Litecoin (LTC/USD) is 2,53% down to $18,16.

By Ekaterina Ulyanova

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