Current Bitcoin Price: $7577 (as of 8:55 AM PST)
The cryptocurrency markets are mostly down today, with Bitcoin and Ethereum dropping around one and a half percent since this time yesterday. EOS (#5) is the only top-ten coin in the green, although it’s up by less than a third of a percent.
In terms of big movers, Waves (#37) and Siacoin (SC, #31) are up by 10.35% and 6.43% respectively, although VeChain is down 7.39% despite recent progress.
Top Bitcoin & Crypto News Stories for 8th June 2018
VeChain (VEN, #16) is a leading enterprise-focused blockchain solution, although so far it’s just been an ERC20 token — which means it’s been piggybacking off of the Ethereum blockchain.
VeChain have been working hard to develop their own network, and earlier today, the first tangible product of all that work — VeChainThor — was released to the public for testing.
Bithumb is Korea’s primary cryptocurrency exchange; it’s number 7 across the world by volume, and has seen over US $240 million of volume over the last 24 hours.
Earlier this year, Bithumb was targeted by South Korean authorities over concerns of illegal activity, primarily: tax evasion. However, the National Tax Services announced yesterday that no illegal activities were found to have taken place.
There are plenty of cryptocurrency exchanges out there that do the same thing, so who cares about the newest one, released yesterday?
Genesis Markets is different: it aggregates orders from a number of exchanges around the world, providing users with deeper order books and more liquidity. The first of its kind, it also offers support for MetaTrader, a preferred trading platform in conventional markets.