#CryptoCorner: BSV Hits Yearly Low as Platforms Delist, eToro Launches #Crypto Exchange and CoinMarketCap Releases Mobile App
#CryptoCorner: BSV Hits Yearly Low
as Platforms Delist, eToro Launches #Crypto Exchange and CoinMarketCap Releases
Mobile App
Point Roberts WA, Delta BC, April 16, 2019
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April
16
Crypto Corner
Bitcoin SV (BSV),
which split in a hard-fork from Bitcoin Cash (BCH) in November 2018, is experiencing yearly
lows as exchanges delist the coin. CCN reports that a recent spate of boycotts
and delisting of the cryptocurrency are in response to the controversial
behaviour of BSV founder Dr. Craig Wright. Wright has claimed to be Satoshi
Nakamoto, the creator of Bitcoin (BTC), and has recently sent letters to his critics threatening defamation
lawsuits. This has led platforms such as Binance and Shapeshift to delist
Bitcoin SV. Data from CoinMarketCap indicates that, at press time,
Bitcoin SV is down almost 18 percent in the past 24 hours with a market cap of
$984 million. By contrast, Bitcoin Cash (BCH) has a market cap of about $5.47
billion.
Reuters reports that France will encourage its
fellow European Union member states to adopt its regulatory framework for
cryptocurrency. The new laws were only approved last week by the French
parliament. At a blockchain technology event in Paris, the country’s finance
minister Bruno Le Maire
said:
“I will propose to
my European partners that we set up a single regulatory framework on
crypto-assets inspired by the French experience. Our model is the right one.”
Social trading and
investment platform eToro has launched a crypto exchange with eight custom
stablecoins, according to a report from CoinDesk. These eight eToro-branded tokens are
each pegged to a fiat currency and include the eToro United States dollar
(USDEX), eToro Japanese yen (JPYX) and eToro Euro (EURX), and others for pounds
Sterling; Australian dollar, Canadian dollar, New Zealand dollar, and the Swiss
franc. eToro CEO and co-founder, Yoni Assia, said:
“Just as eToro has opened up traditional markets for
investors, we want to do the same in the tokenized world. […] Blockchain will
eventually ‘eat’ traditional financial services through tokenization.”
Announced in a tweet earlier today, CoinMarketCap has
released a mobile
app. The app boasts such features as crypto rankings, portfolios and
watchlists, price alerts and crypto news.
Sam Mowers, Investorideas
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