| Internet of People (IOP) |  | Internet of People is creating the new, decentralized internet – the Web 3.0 – based on the Mercury protocol, a node-based environment for building truly decentralized apps. It has a current market cap of over $680K, a circulating supply of 5.6 million, and has traded over $70K in volume during the past 24 hours according to CoinMarketCap.com.
IOP/BTC has been trading in a range for about a month and appear to be looking to close out of that range with a close above 0.00003800. Based on the height of the range a projected target would be near 0.00004800. A potential stop could be placed below today's low.
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| | News To Know | | Samsung Rumored to Bring Cryptocurrency Wallet with Galaxy S10 Launch
Samsung is developing a cryptocurrency wallet service, which may be available as soon as the launch of the Galaxy S10, according to a report from SamMobile. The report cites the Korean smartphone giant as registering trademarks "Blockchain KeyStore," "Blockchain key box," and "Blockchain Core" in the European Union, though the report indicates that the names for the cold wallet and crypto wallet products have not been finalized.
State Farm Catches Blockchain Fever, Trials DLT for Auto Claims Subrogation
State Farm, a large group of United States-based insurance and financial services firms offering automobile insurance products, loans and more, has announced on December 10, 2018, that it's testing a distributed ledger technology (DLT) based solution that could help speed up the subrogation process for auto claims.
Coinone Rolls Out Cross-Border Payments App with Ripple Tech
South Korea-based crypto exchange Coinone has officially launched Cross, a remittance app utilizing Ripple's xCurrent product to facilitate cross-border payments. Ripple announced that Coinone's payments subsidiary, Coinone Transfer, is now formally releasing the app to the public. It aims to provide unbanked or underbanked individuals the ability to transfer funds from South Korea to Thailand or the Philippines at a low cost.
Square's Bitcoin-Friendly Cash App Hits #1 in the Play Store
In a landmark moment, the Cash app from Square has now passed PayPal to become the #1 free app in the finance category in the Google Play store based on downloads. Cash in many ways resembles competitors PayPal and Venmo (currently ranked #3) in that it facilitates simple money transfers between individuals or to product vendors.
Stablecoins Experience a Major Increase in On-Chain Transactions Despite Bear Market
Stablecoins have experienced a meteoric rise in popularity during the second half of 2018, with currencies such as TrueUSD, USDC, Paxos, and GUSD experiencing a 1032 percent increase in on-chain transactions took place in November vs. September 2018, Diar reported on December 10, 2018.
| | Top Movers | | | Top 5 Gainers | | | 
| | Top 5 Losers | | | 
| | | Source: Coinmarketcap.com | | | |
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