( February 2nd— February 8th, 2019)
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Market Overview
This week, the daily average global ’s market capitalization was $113.067 billion, representing a 2.84% decrease from last week. Among them, the Top 5 ’ market cap decreased by 1.77%; The daily average transaction volume was $15.687 billion, representing a 0.95% decrease. Meanwhile, the transaction volume of Top 5 increase by 37.49%, caused by the return of BCH. Among them, all showed a downward trend, while XRP experienced the biggest decrease this week reaching 8.33%.
OK06 index
OK06 index fell 3.02% this week. According to the data from the OKEx platform, as of February 8, the index was 369.83; last week was 367.85, and the highest point in the week was 384.89; the lowest was 366.96.
Among the top 10 increases of global projects, the biggest winner of them is TOMO, its maximum price increase was 40.71%.
Analysis of Top 200 Market Cap Projects
The market capitalization of the top 200 projects this week decreased by 1.23% compared with last week. Based on our classification of 4 categories: and payment, basic chain and protocol, vertical chain and protocol, and vertical industrial application, nearly all sectors showed a downward trend except and payment, among them, vertical industrial application sector experienced the highest price decrease.
Through further classification of the vertical chain and protocol and the vertical industrial application sectors, it was found that nearly most industries we follow show a downward trend, and Cloud Servicesector increased the most as 50.88%.
Analysis of Newly Listed Projects
According to latest announcements from more than 30 exchanges including OKEx, , Huobi, Bitfinex, Bithumb, ZB.com, Upbit, HitBTC, Bittrex, Poloniex, there is only 1 newly listed pairs.
Analysis of Closed Public Offering Projects
There have been 11 closed public-offering projects this past week, with the soft cap totaling nearly 1.06 billion USD. Among these projects, the Platform Coin sector has the largest soft cap, exceeding 51 million USD.
Important News on Global Governmental Policies this Past Week
US: The US House of Representatives will curb crypto- through the Financial Technology Protection Act.
Lithuania: The Central Bank of Lithuania will launch a digital currency to test and technology. It is not a , but rather a commemorative currency.
Korea: The Bank of Korea warned against the concept of central bank digital currencies, saying they would lead to liquidity shortages and soaring interest rates.
India: The government is seeking advice from outside legal institutions to help it finalize its regulatory policy on .
Keeping Up with the Blockchain Giants
February 2nd
issued a hiring notice for a region head, planning to open an office in Shanghai.
February 3rd
Credit Suisse’s asset management division successfully processed investment fund transactions through in a test.
February 4th
Facebook acquired the smart contract platform Chainspace, reported to be its first acquisition in the space.
February 5th
announced support for direct withdrawals for Paypal’s European users
February 7th
Google announced a partnership with Stanford University cryptography researchers on a new Chrome extension to automatically check the security of user passwords.
February 8th
The virtual currency broker Voyager went public on the TSX Venture Exchange through a US$ 60 million reverse takeover.
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*Credits to Henry Chou for his superb research!
Published at Mon, 18 Feb 2019 02:46:37 +0000