ICO Ratings on ICOformula - Movers and Shakers of Week 13
After the Easter and April Fool’s Day weekend Bitcoin sits just under $7k with Ethereum slightly lower than Friday at $380 – Ethereum still an attractive accumulation price for those looking to average down any existing holdings.
Positive news in the news feeds at a glance – Canada's TD Bank has applied for a blockchain related patent to use distributed ledger technology in its point of sale systems to track transactions reducing fraud and errors.
Along similar lines, one of Polands leading banks PKO Bank Polski has entered a partnership with Coinfirm to use their Trudatum tool enabling customer access to regulation, transaction, commission and fee data in a more secure environment citing the method as being more secure than traditional email or web notifications.
Newly elected head of China’s central bank the People’s Bank of China (PBoC)Yi Gang is reported as being very “pro-crypto” with the government now allowing foreign companies into the payment sector in China. China traditionally has been very closed to foreign companies in the past making this a substantial foot in the door on the road to global adoption and integration of blockchain technology and cryptocurrencies in general. Whilst the moves will no doubt fuel a period of market volatility, overall the sector should benefit positively in the long term.
New Listings on ICOformula
Last week in the world of ICO Ratings on ICOformula:
The first chart shows us how the top 10 ICO’s by average position have changed over the course of the previous week:
The second chart shows the top 10 ICO’s by largest average position gain over the past week:
The third chart shows the top 10 ICO's by largest average position drop over the past week:
Caveat: Only ICO’s that have had the status of ICO are used in the data set for the full 7 day range are included in the following charts. ICO’s that either entered the dataset mid-way through the week, OR completed the ICO process and completed their sale/trading as tokens are not included in these charts.
Learn more about ICOformula ratings and how the Formulatron calculates them in our in-depth guide to how ICOformula rates ICOs
Created: Monday, April 2, 2018
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