Make sure you check out the previous round-up , now let’s go over what happened in crypto this last week. We regret the delay with the weekend round-up but, as they say, better late than never.
Price Watch:
- was up 15% for the . The gains come after a slight gain . After going sideways at early last week, the price rocketed to $9,400. Despite the price rise, fell slightly for the second week in a row. Some analysts have attributed the rapid price gains to .
- Ethereum was up 30% last week for the second week in a row. The move comes as the currency sees increased volume from Robinhoods . Other fundamental analysts have pointed to potential caused by Ethereum’s extreme as reasons for the price rise. Technical analysts continue to insist the price spike is purely the result of increased volume across the board
- The entire crypto market gained 40% last week following strong gains of Monero alone gained 12% ($1 billion) in a giant . Bullish sentiment continues to return to the market.
Adoption:
Regulation & Enforcement:
- Bitmain’s U.S. invasion: Chinese bitcoin mining giant for a US bitcoin mining operation. The move comes after years of lobbying and is expected to result in a lease that will create 40 jobs.
- bitcoin Drug Bust: An Australian woman was last week for buying drugs over the dark web. The authorities have not specified whether or not the police used any tool such as Bitfury’s .
- in the wake of the companies nearly $2 million ICO 3 weeks ago. The company was banned after it failed to hand over encryption keys demanded by Russian authorities.
Startups:
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Published at Wed, 25 Apr 2018 21:40:58 +0000
bitcoin News in Review
