Price Watch: Bitcoin, Ethereum, IOTA, EOS Treading Steady

Published on by Cryptoslate | Published on

The total cryptocurrency market cap experienced a $7 billion jump within an hour from $274 billion to $281 billion a few hours ago.

Bitcoin is up 1.44% over the past 24 hours.

Ethereum is up 2.05% over the past 24 hours.

"Based on my understanding of the present state of ether, the Ethereum network and its decentralized structure, current offers and sales of ether are not securities transactions."

"We are pleased with the SEC's decision to provide clarity with respect to current Ether transactions This announcement clears a key stumbling block for Ether futures, the case for which we've been considering since we launched the first Bitcoin futures in December 2017.".

The launch of CBOE Ether futures could have a significant impact on the stability and value of the token - the launch of CBOE's Bitcoin futures in December 2017 catalyzed an immediate end to the Q4 2017 historic run-up, which saw BTC prices approach $20,000.

It's worth noting that ETH futures have been available for over one month already in the UK without significantly impacting the price of the asset.

IOTA, currently ranked #9 by market cap, is up 1.96% over the past 24 hours.

The Air Box project will see palm-sized air sensor complete with humidity, pollution, light, and temperature detectors installed in homes across Taipei, sharing air quality data via the Tangle and incentivizing participation via IOTA incentivization.

"IOTA is one of the innovative players in the cryptocurrency world because of its unique technology. With Taipei City always thinking ahead and with IOTA's technology, this partnership is a strategic move to usher in the era of smart cities to the citizens of Taipei. We welcome the IOTA Foundation to Taipei City and are excited to embark on the future together."

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