• Binance Coin (38%), Litecoin (30%) and Maker (21.3%).

  • Facebook Buys Blockchain Startup

  • Coinbase Launches PayPal Withdrawal Support for EU Users

  • Abra Launches Stocks and ETF Options

  • Kraken Acquires UK Crypto Futures Exchange

  • Binance Recordsed $446 Million in Profits in 2018

  • Swiss Stock Exchange Aims to Launch Blockchain Platform and STO

  • Neufund to Release Equity Tokens and First Payouts

  • SEC Commissioner Says Bitcoin ETF is Inevitable

  • Philippines Announces New Crypto Regulatory Framework

  • Mauritius to License Crypto Custodians

 

MARKET MOMENTUM

Digital assets recorded an impressive end of the week with a $10bn injection pumping into the total crypto market, a 9% change from the previous week and a 66% increase in volume. A Bitcoin 10% rally towards the $3,750 level, has spiked from the bottom of the falling wedge pattern, and is currently oscillating around the upper trend line formed at the end of Nov 2018, at $3,650. Ethereum has once again jumped over Ripple to second position in market cap ranking, gaining 19% from $105 to a high of $125. Ripple is up by 8% and Litecoin has gained a massive 44%, which pushes EOS into the fourth place largest crypto asset.


This report is for informational purposes only and should not be construed as a recommendation or investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. All market prices, data and other information contained in this report have been prepared from sources believed to be reliable, but we give no representation or warranty that the information is complete, accurate or current. Past performance is not a reliable indicator of future performance. Future returns are not guaranteed and a total loss of principal may occur. This report may not be reproduced, redistributed, or copied in whole or in part for any purpose without NKB GROUP AG’s prior express consent and may not be distributed in jurisdictions where digital assets are prohibited.

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