tZERO’s Security Token Platform has gone live

Nextblock Daily Update – January 25th 2019

Disclaimer | www.nextblock.io/disclaimer

Bitcoin
Over the last 24 hours, Bitcoin is +0.29% at $3,588.73

🔼American cryptocurrency exchange and wallet service Coinbase has added resources for customers in the United States to claim crypto trades on their taxes, according to an official blog post on Jan. 24. In addition to adding an educational guide on crypto and taxes, Coinbase has also integrated with popular tax software TurboTax. According to the blog post, users of Coinbase.com and Coinbase Pro will be able to automatically import transactions into a new, crypto-specific section of TurboTax Premier. Coinbase says that it provided the new resources in order to make the platform easier to use after hearing confusion from the community regarding crypto transactions on their taxes. https://goo.gl/kfijk1

Ethereum
Over the last 24 hours, Ethereum is -0.03% at $116.46%

🔼Overstock.com’s much-anticipated security token trading platform, tZERO, officially began trading Thursday afternoon. The company announced in a press release that its secondary market for tZERO’s own security tokens had gone live, marking the first step toward trading other digital assets on the platform. Accredited investors can sign up to trade tZERO tokens through Dinosaur Financial Group, LLC, which is acting as the “introducing,” or customer-facing, broker-dealer. TZERO subsidiary Pro Securities LLC is providing the alternative trading system (ATS) to trade the tokens. https://goo.gl/8k6Ajr

Ripple
Over the last 24 hours, Ripple is +0.13% at $0.316091

🔽 A new report from crypto data startup Messari estimates that the true market capitalization and circulating supply of the digital asset XRP is markedly less than what data sources currently present. As depicted on data providers like CoinMarketCap as well as Ripple – the distributed ledger tech company closely linked to the digital asset – XRP’s circulating supply is pegged at roughly 41 billion tokens. But in its report, Messari posits that of that figure, 19.2 billion XRP “may be illiquid or subject to significant selling restrictions” tied to daily trading volume, including “at least 6.7 billion XRP” held by Ripple co-founder Jed McCaleb that are subject to an agreement between him and Ripple. https://goo.gl/UwE3aQ

Today’s Stats:
Top Volume: Bitcoin ($5,090,045,022)
Top Mover: Aurora (+26.37%)
Top Shakers: Buggrya Coin (-7.97%)

(Based on the Top 100 Cryptocurrencies by Market Cap)

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