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Weekly Crypto Digest: Bitget to invest $10 million in Fetch.ai ecosystem

By Reageer

The accompanying overview from Coin360 illustrates the development of the crypto market over the past 7 days. According to coinmarketcap.com, the total crypto market cap is currently $1,220 billion and now has 23,689 crypto currencies.

Bitcoin’s market dominance has rebounded to 46.4% over the past week, with Bitcoin’s market cap shrinking to $571 billion. The market dominance of Ethereum (ETH) has dropped slightly to 19%, while the market cap of the number two coin has also decreased to $230 billion.

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Crypto Trade of the Week: Ethereum

By Reageer

This Week’s Cryptocurrency Trade is Ethereum which has a market cap of $181 billion and is ranked #2 on Coinmarketcap. 

Ethereum

Ethereum (ETH) is on the eve of its major migration from Proof of Work to Proof of Stake consensus model. The stock price has rebounded vigorously from the low of $882 in mid-June. This was accompanied by fairly high volume. This is a strong sign and with it, the sprice has also rebounded convincingly above 8, 21, 35 and 55.

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Crypto Trade of the Week: PancakeSwap (CAKE) with first target $5

By Reageer

This Week’s Crypto Trade is PancakeSwap (CAKE) which has a market cap of $538.2 million and is ranked #75 on Coinmarketcap. PancakeSwap is an automated market maker (AMM) – a decentralized financial (DeFi) application.

This application allows users to exchange tokens, provide liquidity through Yield pharming and earn fees in return. It is thus a decentralized exchange or DEX.

[Lees meer…] overCrypto Trade of the Week: PancakeSwap (CAKE) with first target $5

Weekly Crypto Digest: Crypto market crashes in wake of Terra/UST

By Reageer

The attached overview from Coin360 shows the dramatic performance of the crypto market over the past seven days. The total crypto market cap dropped significantly over the past week to $1,236 billion.

In the process, however, Bitcoin’s market dominance showed an increase to 43.48%. Bitcoin’s market cap fell over 27% in the past week to $553 billion. The market dominance of Ethereum (ETH) remained stable around 19%, while the market cap of the number 2 coin dropped significantly to $237 billion.

[Lees meer…] overWeekly Crypto Digest: Crypto market crashes in wake of Terra/UST