The rundown: Bitcoin and all major currencies were up in the morning; Tech Bureau Europe unveils cryptocurrency watches; Thailand’s Securities and Exchange Commission issues warning against 14 unauthorized cryptocurrency businesses; and presidential candidate of Nigeria’s opposition party supports blockchain and cryptocurrency.
Here is what is happening in the cryptocurrency market on Monday.
In the News
Tech Bureau Europe has introduced cryptocurrency watches in a partnership with Swiss watchmaker Chronoswiss. The digital certificate for each crypto-themed watch – dedicated to Bitcoin, Ethereum, Zaif, NEM or COMSA – is recorded on a blockchain. The details on each watch will be officially registered on the blockchain platform LuxTag, which uses the latest NEM blockchain platform to combat counterfeit goods and theft.
Thailand’s Securities and Exchange Commission issued a warning against 14 cryptocurrency websites that have not been approved to do business in the country. The unapproved 14 businesses are: payniex.com, misterchanger.com, thaiexchanger.com, egtexchange.com, digicardshop.com, superrichexchanger.com, emoneythai.com, exchangercoin.com, i-exch.com, gamershoppings.com, ecurrencyplus.com, lnwexchanger.com, ecurrencythailand.com, and R Exchange’s Facebook page.
Blockchain and cryptocurrencies are gaining attention from global academic institutions. From New York to Tokyo, universities are launching crypto-themed courses, according to a report from News.Bitcoin.com. IBM and Columbia University have teamed up to offer two new accelerator programs for blockchain developers, while the University of Luxembourg is joining hands with VNX Exchange to enhance the security of the exchange’s digital and crypto assets. You can read the full report here.
Atiku Abubakar, the presidential candidate of Nigeria’s opposition party People’s Democratic Party, is a big supporter of blockchain and cryptocurrency. In his policy document titled Get Nigeria Working Again, Abubakar states that he would “speed up the economy positively through blockchain and cryptocurrency,” as reported by local newspaper the DailyPost which analyzed the policy. Abubaka has promised creating “a comprehensive policy on blockchain technology and cryptocurrencies.”
Cryptocurrency Prices Today (As of 1:00PM EST)
Bitcoin (BTC) is up 3.23% over the past 24 hours, trading at $3,965.69.
Ethereum (ETH) is trading at $114.37 in the morning, up 3.51% over a 24-hour period.
Bitcoin Cash is trading at $197, down 5% over the past 24 hours.
Ripple (XRP) is trading at $0.3776, up 6.56% over a 24-hour period.
Litecoin (LTC) is trading at $31.35, up 7.81% over a 24-hour period.
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