eToro
By eToro
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Daily cryptocurrency Tracker 16.7.18: Crypto markets gain after slow weekend

Relatively low volatility was seen in crypto markets over the weekend. However, over the past 24 hours, markets were on the rise, as all top 10 cryptos registered gains. At the time of writing, Bitcoin was up more than 1.3%, holding above the $6,300 mark. Ethereum and Bitcoin Cash each rose more than 2.5%, while Stellar and Cardano each added more than 3.5%.

Highly volatile investment product. Your capital is at risk. This is not investment advice.

EOS gains 5%

Currently ranked 5th by market cap, EOS remains one of the most volatile cryptocurrencies in the top 10, once again leading all top cryptos with the highest gains. Over the past 24 hours, EOS was on the rise, up nearly 5% at the time of writing. However, this recent spike is overshadowed by the overall negative trend seen over the past 7 days, in which EOS registered losses of more than 14%, despite recent gains.

Highly volatile investment product. Your capital is at risk. This is not investment Advice.

Report: AmEx to use blockchain for Proof of Payment

Payment technology giant American Express is reportedly looking into using blockchain technology for a solution which verifies transaction amounts and merchant identities. A patent filing, made public last week by the US Patent and Trademark Office, suggests one of the company’s planned solutions for Proof of Payment (PoP) uses blockchain. This is not the first blockchain-based solution tested by the company. In the past AmEx also filed for a patent which uses the tech for a reward program for its clients.

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