Check out last week’s digest on cryptocurrency market changes, top 3 coins stats, top gainers and losers and the most notable cryptocurrency news.
Last week was marked mainly by the Coinbase’ controversy and the crypto market’s bullish run. Hope you find it helpful and as usual – happy trading!
Cryptocurrency market stats
As a result of the bullish week, cryptocurrency market increased its capitalization by almost 7%.
|Stat||Value (7d change)|
|Cryptocurrencies||2 101 (+0.14%)|
|Markets||16 238 (+0.04%)|
|Market Cap||$133 817 841 640 (+6.85%)|
|BTC Dominance||51.6% (-1.00%)|
Major coins price stats
All 3 top coins increased their values during last week. XRP showed the smallest growth with only +0.18%.
|Coin||Close||7d Gains||7d High||7d Low|
|Bitcoin||3 951.60||+2.71%||3 987.24||3 733.75|
Enjin Coin, the 39th cryptocurrency by market capitalization at press time, is among the top gainers with 166% added to its value.
|Coin||Symbol||24h Volume||Price||7d Increase|
|Beetle Coin||BEET||$57 812||$0.028175||173.47%|
|Enjin Coin||ENJ||$56 107 263||$0.205284||166.00%|
|Coin||Symbol||24h volume||Price||7d Drop|
Quote of the week:
Pablo Orlando, founder and CEO of LatamEx and Founders Lab: “Latin America presents one of the most attractive markets for blockchain adoption and real use cases and Argentina is leading the way by serving as the market-opening gateway.’’
In case you missed it:
- Brian Armstrong, CEO of United States cryptocurrency exchange Coinbase, has announced that the members of Neutrino “who previously worked at Hacking Team (despite the fact that they have no current affiliation with Hacking Team), will transition out of Coinbase”. Coinbase’ recent acquisition of blockchain analytics firm Neutrino quickly became controversial in the crypto community due to the fact that part of the Neutrino team had connections with Hacking Team. Reportedly, Hacking Team’s software was used by the law enforcement agencies and authoritarian regimes.
- OKEx, the second largest cryptocurrency exchange by adjusted trade volume, listed Tron (TRX) on its customer-to-customer (C2C) trading platform. This decentralized trading platform enables users to trade directly with each other and OKEx previously started listing Ripple (XRP) and Bitcoin Cash (BCH) on it.
- The government of Argentina will invest in blockchain projects backed by Binance Labs. As announced, Argentina’s Ministry of Production and Labour will match investments of up to $50,000 in each project and will fund up to 10 blockchain projects each year over a four-year term.
- A committee of the Connecticut state legislature has proposed to legalize the use of smart contracts in business. To put it simply, firms that use smart contracts on a blockchain or distributed ledger will have equal rights with those that use more traditional methods to secure information in connection with a transaction.