Movers of the Day 16-June
Top movers of the day are ShareToken and apM Coin. Since 6 pm ShareToken has increased by 8.42% and apM Coin by 7.41%. Bezant is 4.01% higher.
In the evening the crypto markets went up and finished the day in green. Today’s crypto market movement is illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS DA Indexes which measure the performance of different groups of tokens and coins ended between +0.30% and +4.69%. Our main 2100NEWS Digital Assets Total Index (NWST1100) ended +0.82%. Bitcoin and Ether also ended the day higher: BTC +0.68%, ETH +1.50%.
To find out based on which criteria have been selected, please read the notes.
apM Coin (APM)
apM Group is the leading company of Korean wholesale fashion industry. apM Coin is a blockchain-based customer reward management and payment platform which aims to improve efficiency and credibility of business transactions between wholesalers and buyers.
Top movers of the day at 18:10 are Bezant and ABBC Coin. Since 1 pm Bezant has soared 19.31% and ABBC Coin 23.98%. apM Coin has increased by 13.04% and ShareToken by 3.28%.
In the afternoon most tokens and coins went down. Since 1 pm the large caps measured by 2100NEWS Digital Assets 100 Large Cap Index (NWSL100) have decreased by 0.60%. Our main 2100NEWS Digital Assets Total Index (NWST1100) is 0.44% lower (+0.26% as of yesterday EOD). Bitcoin and Ether have decreased by 0.41% each.
ABBC Coin (ABBC)
ABBC is a technology optimized for distribution, finance, shopping, security, using blockchain technology. ABBC Project is an open platform that works on distributed ledger technology, which makes it open and transparent to all participants. It is designed to develop digital crypto-currency markets and objects for various purposes with their subsequent launch and integration into a unique ecosystem.
Top movers of the day at 1 pm are ShareToken and APIX. Siacoin has increased by 5.41% since 8 am.
The crypto markets stopped rising. At the same time, the 2100NEWS DA Indexes have reported gains between 4.37% and 7.42%. 2100NEWS Digital Assets Total Index (NWST1100), which measures the performance of the 1100 major crypto assets by market capitalization, has soared by 4.69%, Ether by 4.55% and Bitcoin by 3.91%.
Siacoin aims to provide an open-source low-cost solution for cloud storage, offering encryption and distribution of files chosen for storage by users across a decentralized network of peers. User-controlled private keys give the assertion that no third parties should have access to or control over data stored on the network. As a result, the cloud storage marketplace made available to users of the Sia blockchain is meant to be highly redundant, completely private, and more affordable than many alternatives.
Top movers of the day at 8 am are ShareToken and APIX which has soared by 61.70% since midnight. ShareToken is 56.29% higher as of EOD. APIX soared by 1765% in June, but the orderbook is weak. I wonder if APIX has an efficient market. The crypto markets continued the rebound. 2100NEWS DA Indexes started the day between +0.58% and +1.79%. Over the last 24 hours, the 2100NEWS Digital Assets Total Index (NWST1100), which measures the performance of the 1100 major crypto assets by market capitalization, has soared by 5.58%, Ether by 3.81% and Bitcoin by 5.16%.
ShareRing aims to make sharing and renting services quicker and simpler for everyone by creating an accessible and sustainable global ecosystem for the sharing and renting economies. It aims to become the world’s trusted marketplace for the sharing community. ShareRing has reportedly developed a number of blockchain supported modules such as bookings management, self-sovereign identity, reviews, dispute resolution, reward system, and a stable coin that facilitates low FX payments in fiat and a number of cryptocurrencies. ShareRing is targeting is the Travel Industry, with plans to launch a travel app to allow for hotel bookings, flight bookings, activity bookings, and eVOA applications. These are supported by the ShareLedger blockchain and the ShareToken utility token.
With Blockchain financial service, effective decentralized economy system, dApp development, and Blockchain technology consulting, APIS provides a platform service which is highly accessible on the end-user stage. APIS will provide an intuitive interface to all developers with dApp launch needs on APIS Core and users who use Blockchain financial service of APIS. Also, APIS aims to prevent a monopoly in the Blockchain system obtaining process and foster an evolved business by applying Blockchain technology to various industry, to decrease an unreasonable reward structure originating from the imbalance of information.
📍it’s coming back again and we all need to be prepared for this 7th👏#APIS #earlybird #masternodehttps://t.co/9O28l9afrZ
— APIS Platform (@Apis11Official) June 12, 2020
Blox is a CDT powered next generation application for blockchain and cryptocurrency portfolio asset management. Blox enables you to manually or automatically sync your crypto wallets and exchange accounts into a single platform. Blox is the future of Crypto trading. Blox is the best solution for tracking your crypto activities in you mobile and your computer. Blox supports multiple portfolios, single login across devices, mobile and web integration, auto sync of wallets & exchange, simple and intuitive user-friendly experience and it is all free.
- Crypto Founder Sentenced to Seven Years in Prison for $25 Million Scam
- HyperTrader Crypto Trading Terminal is both easy to use and full of features
- Credits Blockchain Platform Enters the Beneficial Direction of Activity in the Crypto Industry
- Binance to Launch UK Trading Platform for Institutional and Retail Investors
Crypto Founder Sentenced to Seven Years in Prison for $25 Million Scam
Robert Farkas, the founder of a cryptocurrency firm Centra Tech that raised more than $25 million from its initial coin offering scam, pled guilty in a federal court in Manhattan on Tuesday.
The official statement accused Farkas of conspiring to commit securities and wire fraud and ordered a sentence between 70 to 87 months and a fine up to $250,000. The date of the sentence is yet to be determined.
Farkas launched the Miami-based company along with two other “co-founders,” Sohrab Sharma and Raymond Trapani, whose trials are due in November this year.
The very foundation of Centra Tech was based upon misrepresented facts and lies about the company’s core team members. The company promised to launch a “Centra Card” that could be used to pay in cryptocurrencies to all merchants accepting Visa or Mastercard payment cards. However, it was later found that they had never formed a partnership or licensed with either of the two payment companies.
The founders also made false claims about the company’s non-existent CEO “Michael Edwards.” They said Edwards was an alumnus of Harvard University with a Master’s degree in business administration and had more than 20 years of experience in the banking industry. They also lied about other team members of the company and about having a money transmitter license in 38 states so as to dupe investors into betting more money on their ICO.
The Centra Tech ICO, that went on between July and October 2017, was backed by Floyd Mayweather and DJ Khaled.
In 2018, the United States Securities and Exchange Commission charged both celebrities for unlawfully promoting crypto coin offerings without revealing to their followers that they had been paid to do so.
Mayweather, who was involved with two other ICOs, ended up paying $300,000 in disgorgement, a $300,000 penalty, and nearly $15,000 in prejudgment interest. DJ Khaled, on the other hand, had to pay $50,000, a $100,000 penalty, and nearly $3,000 in prejudgment interest.
HyperTrader Crypto Trading Terminal is both easy to use and full of features
HyperTrader is a trading terminal that supports simultaneous trading on multiple exchanges like Binance and Kucoin, with amazing new features like indicators and charts not available on the exchanges, innovative ways to place, modify orders and cool analysis & reporting tools.
It is after a few weeks since I discovered HyperTrader that I sat down to review it. Amar Gautam, the co-founder is part of Coin Crunch’s telegram group and always concerned if it okay to share an update of the same on it. Finally when he told me that the final update for HyperTrader scheduled in the current period is out, it was time for a review.
HyperTrader is a native desktop trading terminal for Windows, macOS, Linux. And it is free for now, while it is in Beta.
Once downloaded, a user can register with an email address and login via the security code sent to the email address. There is absolutely no chance of losing your funds as they are not stored on HyperTrader, so keeping a simple OTP based login is quite easy for user experience.
Inside the platform user can choose the exchanges where they wish to trade, by adding the API keys of your accounts on those exchanges. You can set up different portfolios, multiple accounts and track them all on the terminal.
The terminal also has Crypto Screener, Reporting tools, Crypto News, Social media and many upcoming features like Algo trading, Trading bots and signals.
Since HyperTrader is a trading terminal and not an exchange, users must add their existing exchange account on it by adding the API keys.
These API keys connect HyperTrader with your exchange account and let you trade on the exchange from HyperTrader terminal. We will talk about the advantages of doing so, further in the article.
You can add a trading account from the Trading Screen, the portfolio Screen, from reports section or settings. Once you click on Add Account, a form opens.
- Enter the Portfolio Name
- Choose the exchange from drop down
- Enter the API keys that are available on the exchange after you login.
You can add an account from exchanges like Binance, Kucoin, CoinBase, CoinBase Pro, Binance US, Binance JE and more.
Hypertrader will be adding Derivatives exchanges like Binance Futures, Deribit, etc as well.
For a trader, two things are important. To be able to Buy or Sell a cryptoasset and to be able to do it with ease. I feel HyperTrader nails it when it comes to trading. Here are some of the features that I personally loved.
While you can trade on multiple exchange accounts on HyperTrader, you can also track the prices of multiple crypto assets or same cryptoassets on multiple exchanges on HyperTrader.
User can split the screen into several terminals as required with as many markets to monitor and trade. Here’s an example
This particular feature is my absolute favourite. A user can simply enter the price for Buy or Sell and then change it by dragging the indicator on the chart. Similarly, user can place an order and modify the price by dragging the indicator on the chart. Literally a life saver when you quickly want to change your order.
Here’s a GIF demonstrating the feature.
Using HyperTrader user can trade on Binance, Kucoin, Coinbase and other exchanges and also take advantage of different types of orders available on the terminal.
Users can place Limit, Market, Stop Limit, Ladder and OCO orders.
At the same time, several indicators on the chart can also help make informative decisions, such as
Breakeven points, showing exactly at what price your purchase can break even.
The PnL Analysis tool on HyperTrade is gives an accurate analysis on a trading pair a user has traded on and how much profit or loss they have made. The analysis tells us winning days, losing days, realised and unrealised profit, total number of trades and more.
I find this exceptionally helpful for someone who wants keep track of their trades and performances.
This is the place where you can the prices of the cryptoassets, almost all of them. I enjoyed that the screener lets me see the price in INR. They aren’t correlated to the Indian Exchanges so the premium isn’t taken into consideration, but INR prices for all crypto in one place is actually quite a pleasant site.
The currency can be changed from settings at any time.
There are several other tools on HyperTrader worth checking out. One is the portfolio tool, showcasing your portfolio in a pie chart, in INR value, the change in value and your best and worst performing investment in the last 24 hours.
Users can switch between light and a dark theme.
Users can actually sign in on Twitter and use it from the app.
The News feature of the app showcasing crypto news from major portals.
Both App and Charts layouts and features can be customized per user needs.
Users can choose to try out Beta and Experimental versions of the app if they feel adventurous as well.
There are several upcoming features to look forward to on HyperTrader.
Whether you are a newbie trader or a regular trader, once you use a trading terminal, you might not want to go back to the exchange. The basic principle is that trading terminals need to be better than the exchange, otherwise what is even the point, right?
HyperTrader has a great UI, intuitive and robust. There are several things you can use HyperTrader for, besides trading. I personally love the reports where I can see my profit and loss in real time. I also love the feature to modify orders from the chart itself. I think that one is by far the best innovation I have seen in this space.
I recommend giving the app a try. The APIs required to enter do not need a withdrawal permission, so no one can use HyperTrader for withdrawing crypto from exchanges. Try it for a new trading experience.
Currently the terminal is free to use as it is in Beta, with exclusive offers for Coin Crunch users coming in the future with 15% discounts. Do be part of the Coin Crunch Group to know about it first.
Disclaimer: Coin Crunch works with various platforms in different partnerships, some of them may have been mentioned on the post. This post is completely unbiased, our partners have no influence over the editorial of coincrunch.in. For more details, click here.
Author: Naimish Sanghvi
Credits Blockchain Platform Enters the Beneficial Direction of Activity in the Crypto Industry
In the recent announcement, the Credits company has informed the crypto community about entering the European market. Due to the rapid expansion of partnership agreements and refinement of many tech products, the blockchain platform has received a license for the exchange of cryptocurrencies, crypto-wallet, and peer-to-peer services.
The main legislative innovation for some countries is the establishment of special permission (a license) that allows crypto-oriented companies to perform cryptocurrency exchange, including exchange for traditional or fiat money. One of the companies is Credits, whose activity is aimed at using blockchain technology in business and IT solutions by using autonomous smart contracts to create and store transactions and data throughout the network. The platform is based on the innovative Proof-of-Agreement protocol, all information is cryptographically secure.
The Credits platform is distinguished by technical characteristics that allow the platform to be accepted for use in a wide range of industries. To accelerate this process the company has obtained the crypto license for its business niches. This step allows it to get the following legality of virtual value:
- Credits (CS) currency is tax-free;
- The official license for a legal payment and exchange online transactions with the involvement of cryptocurrencies along with traditional (fiat) ones;
- Official crypto-wallet license.
Concerning the Credits’ broad partnership base, it can be mentioned that the recent bilateral agreement with the Axcess Merchant Services acquiring company, had a significant role in bringing Credits technology to the European market. Such opportunities open the door for Credits to adapt and develop new strategies on the market.
Author: Guest Author
Binance to Launch UK Trading Platform for Institutional and Retail Investors
Leading cryptocurrency exchange Binance will be expanding to the United Kingdom with a regulated crypto trading platform for both institutional and retail investors.
With this platform, Binance aims to tap the institutional investment market and meet the rising demand for digital asset investments in this sphere.
Binance is reportedly reviewing 65 digital assets that it plans to list on the exchange at launch. Investors will be able to trade these assets directly against pounds and euros, Reuters reported.
Being a regulated exchange, Binance’s trading platform will function under the supervision of the U.K. Financial Conduct Authority.
The platform will allow direct deposits and withdrawals from bank accounts using the U.K. Faster Payments Service and the Single Euro Payments Area network. This will purportedly make the crypto trading experience on the platform smoother for all investors.
Teana Baker-Taylor, director of Binance U.K., said that with more maturity in the crypto market, Binance is creating more investment options for traders to participate in the crypto market. They are building “products that earn a yield for participation, like staking and passive savings,” she added.
According to Binance, its platform saw an increase in the number of institutional clients — which jumped 47% since Q4 2019 — along with a concomitant surge in trading volumes.
Institutional volumes, Binance claimed, had risen by 113% during the first quarter of 2020 on spot transactions. It also registered an increase of 217% on futures investment. To that end, Taylor said:
“Interest and participation in the UK digital asset markets is growing; not just in-depth with its current participants, but also in breadth.”
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