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Today in crypto: Ripple launches Xpring, Winklevoss Bro’s add Zcash to Gemini

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Published on
May 15, 2018
Daily News

24 hour coin movements summary

Litecoin had the greatest price increase over the past 24 hours, with a slight increase of 0.37%, while Bitcoin Cash had the biggest decrease, at -5.33%. As for the volume change over the past 24 hours, all five coins experienced an increase. The greatest increase came from Litecoin, growing 49.85%. Ripple had the smallest increase in volume, reaching 15.84%.

Bitcoin (BTC) past 24 hour movements

Bitcoin's current price as of 9am AEST was US$8,706.03. This is a decrease of US$50.43 (-0.58%) over the past 24 hours. Its 24 hour volume was US$7,352,560,000. This is an increase of US$1,459,430,000 (24.76%).

<table class="custom-table custom-table--non-responsive js-tablesorter"><thead><tr><th>BTC</th><th></th><th></th><th></th><th></th><th></th></tr></thead><tbody><tr><td>Price USD</td><td>24hr change %</td><td>24hr change</td><td>24hr volume</td><td>24hr volume change %</td><td>24hr volume change</td></tr><tr><td>$8,706.03</td><td>-0.58%</td><td>-$50.43</td><td>$7,352,560,000</td><td>24.76%</td><td>$1,459,430,000</td></tr></tbody></table>

Sources: CoinMarketCap,

Ethereum (ETH) past 24 hour movements

Ethereum's current price as of 9am AEST was US$726.14. This is a decrease of US$11.00 (-1.49%) over the past 24 hours. Its 24 hour volume was US$2,990,200,000. This is an increase of US$618,100,000 (26.06%).

<table class="custom-table custom-table--non-responsive js-tablesorter"><thead><tr><th>ETH</th><th></th><th></th><th></th><th></th><th></th></tr></thead><tbody><tr><td>Price USD</td><td>24hr change %</td><td>24hr change</td><td>24hr volume</td><td>24hr volume change %</td><td>24hr volume change</td></tr><tr><td>$726.14</td><td>-1.49%</td><td>-$11.00</td><td>$2,990,200,000</td><td>26.06%</td><td>$618,100,000</td></tr></tbody></table>

Sources: CoinMarketCap,

Ripple (XRP) past 24 hour movements

Ripple's current price as of 9am AEST was US$0.74. This is a decrease of US$0.0159 (-2.11%) over the past 24 hours. Its 24 hour volume was US$615,645,000. This is an increase of US$84,161,000 (15.84%).

<table class="custom-table custom-table--non-responsive js-tablesorter"><thead><tr><th>XRP</th><th></th><th></th><th></th><th></th><th></th></tr></thead><tbody><tr><td>Price USD</td><td>24hr change %</td><td>24hr change</td><td>24hr volume</td><td>24hr volume change %</td><td>24hr volume change</td></tr><tr><td>$0.74</td><td>-2.11%</td><td>-$0.0159</td><td>$615,645,000</td><td>15.84%</td><td>$84,161,000</td></tr></tbody></table>

Sources: CoinMarketCap,

Litecoin (LTC) past 24 hour movements

Litecoin's current price as of 9am AEST was US$146.71. This is an increase of US$0.54 (0.37%) over the past 24 hours. Its 24 hour volume was US$579,051,000. This is an increase of US$192,637,000 (49.85%).

<table class="custom-table custom-table--non-responsive js-tablesorter"><thead><tr><th>LTC</th><th></th><th></th><th></th><th></th><th></th></tr></thead><tbody><tr><td>Price USD</td><td>24hr change %</td><td>24hr change</td><td>24hr volume</td><td>24hr volume change %</td><td>24hr volume change</td></tr><tr><td>$146.71</td><td>0.37%</td><td>$0.54</td><td>$579,051,000</td><td>49.85%</td><td>$192,637,000</td></tr></tbody></table>

Sources: CoinMarketCap,

Bitcoin Cash (BCH) past 24 hour movements

Bitcoin Cash's current price as of 9am AEST was US$1,420.99. This is a decrease of US$79.94 (-5.33%) over the past 24 hours. Its 24 hour volume was US$1,153,090,000. This is an increase of US$222,253,000 (23.88%).

<table class="custom-table custom-table--non-responsive js-tablesorter"><thead><tr><th>BCH</th><th></th><th></th><th></th><th></th><th></th></tr></thead><tbody><tr><td>Price USD</td><td>24hr change %</td><td>24hr change</td><td>24hr volume</td><td>24hr volume change %</td><td>24hr volume change</td></tr><tr><td>$1,420.99</td><td>-5.33%</td><td>-$79.94</td><td>$1,153,090,000</td><td>23.88%</td><td>$222,253,000</td></tr></tbody></table>

Sources: CoinMarketCap,

Ripple announces launch of Xpring to grow and support proven entrepreneurs

Ripple has announced the launch of Xpring, a new initiative that will invest in, incubate, acquire and provide grants to companies and projects run by proven entrepreneurs. The entrepreneurs will be required to use the digital asset XRP and the XRP ledger that supports the asset, with the purpose of helping solve customer problems. Among the people Xpring has already offered support to include: entertainment talent manager, Scooter Braun; co-founder and CEO of Omni, Thomas McLeod; and the co-founders of Blockchain Capital, Bart and Brad Stephens. The announcement comes after announcing a slew of similar projects, although Ripple has seen no major gains over recent weeks.

Bitcoin climbs back amid Coindesk NYC conference

Bitcoin (BTC) has reportedly climbed back from a three week slump amid a blockchain frenzy in New York City for the Coindesk conference Consensus this week, according to Bloomberg. Thomas Lee, head of research at Fundstrat Global Advisors reportedly predicted last week that the Coindesk conference could cause Bitcoin to rally. Today, on the second day of the conference, bitcoin is currently valued at US$8,706, according to CoinMarketCap. The day before the conference kicked off on Sunday May 13, bitcoin was valued at US$8,347. This is a 4.3% increase in price over the first two days of the conference. The conference is reportedly expected to draw more than 8,500 attendees, and has generated excitement and anticipation in the city.

EOS remains low despite appointment of Commonwealth bank CFO as its COO, the company behind EOS (EOS), has announced that Rob Jesudason, the CFO of one of Australia’s biggest banks, the Commonwealth bank, has been appointed as the firm’s Group President and Chief Operating Officer. Despite the announcement, EOS remains low at US$14.36 at the time of writing. This is a 17.4% drop from last Friday May 11 when the coin was priced at US$17.39.

Winklevoss Brothers add Zcash, Litecoin and Bitcoin Cash to Gemini Exchange

Gemini, the cryptocurrency exchange founded by the Winklevoss Brothers, has received approval to list Zcash (ZEC) on the exchange and will start trading the currency on May 22, according to Forbes. The New York Department of Financial Services (NYDFS) confirmed with Forbes that the exchange will also receive approvals for Bitcoin Cash (BCH) and Litecoin (LTC). In a letter from Cameron Winklevoss, the Gemini president reportedly stated that the approval from NYDFS will make Gemini the first licensed Zcash exchange in the world, and it also makes the NYDFS the first agency to regulate the currency.

Written by
Michelle Hutchison
Global Head of Communication

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