The Venezuelan government made some new claims about the pre-sale of the Petro. After one week, President Nicolas Maduro said that the petro raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by Bitcoin and Ether, according to Maduro.
This week, cryptocurrency exchange Coinbase revealed certain aspects of the business. The exchange details its Segregated Witness (Segwit) rollout, plans to disable Paypal, new tax tools, and the hiring of 500 customer support agents. Coinbase representatives Tina Bhatnagar and Zach Abrams revealed the company’s support for Segwit will be complete this week. According to Abrams, Segwit compatible BTC sends and receives will soon be available for all customers:
“We are continuing to invest in our Bitcoin infrastructure, and we will be working on implementing additional Bitcoin scalability improvements like transaction batching and improved UTXO management. We also want to make taxes paying as easy as possible. To do so, we will be providing a ‘Detailed Transactions Report’ that will accompany our Gains/Losses report"
Seven of the top 10 coins by 24 hour volume has showed a negative change, ranging from 1.25 to 4.38%, in the last 24 hours. Bitcoin (+1.54% at $10,915), Tronix (+14.2% at $0.05) and Nano (+0.97% at $16.18) were the only coins that showed a profit in the last 24 hours.
Huobi Token (-4.35% at $2.16), NEO (-4.38% at $125) and Ethereum Classic (-3.84% at $31.84) all recorded losses of around 4% in the last 24 hours. Bitcoin Cash ($1,267) and Ripple ($0.89) posted a negative change of 1.8% and 1.32% respectively.
At the time of writing, the Bitcoin price is sitting at $10,915 representing a gain of 1.54% in the last 24 hours. More than $1B worth of BTC were exchanged in the BTC/USD market representing a 23% share of global daily volume. The BTC/JPY pair represents the biggest pair with a 48% share.
The Ethereum price posted a loss of 1.25% over the past 24 hours and is currently sitting at $861, with over $165M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 20% market share of the global daily trading volume. The largest Ethereum pair was ETH/BTC with a 51% share.
The Tronix price has risen 14.2% over the past 24 hours and is currently sitting at $0.05, with over $4.5M worth of TRX exchanged in the past 24 hours on the TRX/USD pair which has a 1% market share of the global daily trading volume. The largest Tronix pair was TRX/BTC with a 71% share.
The Litecoin price has dropped 1.6% over the past 24 hours and is currently sitting at $206, with over $99M worth of LTC exchanged in the past 24 hours on the LTC/USD pair which has a 23% market share of the global daily trading volume. The largest Litecon pair was LTC/BTC with a 40% share.