Make sure you check out our previous edition , now let’s go over what happened in crypto this week. Also, make sure you subscribe for this weeks edition of The bitcoin Podcast by CCN on or wherever .
Price Watch:
- bitcoin fell nearly 8% this week after jumping above . The market seemed to stabilize early but failed to hit the critical $7,000 support line. They later dipped below the . The fall continued with a quick drop below the . The price finally dropped to on Thursday night and has stayed around that level. Nonetheless, analysts & remain citing technical analysis, increased transaction speeds (courtesy of the Lightning Network), and institutional money flowing into the space. Even so, low volume and a continue to plague the space.
- Ethereum fell 10% this week to $434 closely following bitcoin’s movements. The price movement follows another hack of . Also happening this week was Vitalik’s comments about , and Ethereum Co-Founder (and founder) stating that Ethereum had entered
- The entire coin market cap fell 8% this week as the bearish cycle continues. For several weeks now market capitalization has been around the $270 billion dropping above or below by around $30 billion. has taken the biggest drop among the billion dollar coins losing nearly 78% of its value since it raised last year.
- – Coinbase announced in a last night that it was exploring the addition of , , , , and . The prices of all 5 assets shot up on the news. BAT and ZRX , going up by 25% and 15% respectively.
Enterprise:
Governments:
Platforms:
Banking:
Hacks:
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Published at Sat, 14 Jul 2018 18:38:36 +0000
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