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Weekly Crypto Digest: Ethereum krijgt wind in de rug dankzij ETF aanvraag Blackrock

19/11/2023 By Jan Robert Schutte Reageer

Hierbij ontvang je van ons het weekoverzicht van de ontwikkelingen op de cryptomarkt. De bijgevoegde afbeelding van Coin360 geeft een visueel beeld van de marktbewegingen in de afgelopen zeven dagen. De totale marktkapitalisatie van cryptocurrencies is op dit moment ongeveer $1.338 miljard, volgens de gegevens van coinmarketcap.com, wat vrijwel overeenkomt met de marktwaarde van de week ervoor.

Bitcoin heeft zijn marktdominantie iets zien dalen naar 50%, waarbij de marktkapitalisatie van Bitcoin eveneens licht is gedaald van $711 miljard vorige week naar $708 miljard deze week. Deze week bereikte Bitcoin zijn hoogste waarde van $38.000, maar daalde daarna weer.

[Lees meer…] overWeekly Crypto Digest: Ethereum krijgt wind in de rug dankzij ETF aanvraag Blackrock

Categorie: Weekly Crypto Digest Tags: Bitcoin, Ethereum

Weekly Crypto Digest: Ex-Celsius board member joins regulatory desk JPMorgan

25/10/2022 By Jan Robert Schutte Reageer

The attached chart illustrates the development of the crypto market. The total crypto market cap currently stands at $922 billion and now numbers more than 21,400 coins.

Like last week, Bitcoin’s market dominance notes 39%. Bitcoin’s market cap remained remarkably stuck at the level of 7 days ago: 368 billion. The market dominance of Ethereum (ETH) also did not budge and still stands at 17%, while the market cap of the No. 2 coin rose fractionally to $158 billion.

[Lees meer…] overWeekly Crypto Digest: Ex-Celsius board member joins regulatory desk JPMorgan

Categorie: Weekly Crypto Digest Tags: Altcoins, Bitcoin, Crypto Weekly Digest, Ethereum, JPMorgan

Crypto Trade of the Week: Ethereum

30/08/2022 By Jan Robert Schutte 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.

[Lees meer…] overCrypto Trade of the Week: Ethereum

Categorie: Uncategorized Tags: Altcoin, Crypto Trade of the Week, Ethereum

Weekly Crypto Digest: Ethereum steals the show with +40% weekly rise

28/07/2022 By Jan Robert Schutte Reageer

The attached overview from Coin360 illustrates the development of the crypto market over the past seven days: finally, on balance, green numbers on the board again. The total crypto market cap currently amounts to $1,047 billion, which is significantly higher than that of the previous week. However, Bitcoin’s market dominance rose to 41.3%.

Bitcoin’s market cap increased from $395 billion to $440 billion. The market dominance of Ethereum (ETH), on the other hand, made a spurt to 18.1%, while the market cap of the number 2 coin rose sharply to $1,558 billion.

Ethereum steals the show with +40% weekly rise

Ethereum stole the crypto show last 7 days by rising about 40% on balance. Some analysts attribute the increased interest to the impending merge.

During an open call for developers, Ethereum developer Tim Beiko suggested Sept. 19 that the network might finally migrate from proof-of-work to a proof-of-stake protocol.

Since April this year, Ethereum has been running two parallel blockchains: one blockchain that operates through the proof-of-work consensus model, and a test blockchain that operates through proof of stake.

The merge will combine the old Ethereum Mainnet blockchain (ETH1) with the new Beacon Chain (ETH2) into one merged blockchain.

Be that as it may, since the low of $881.56 on June 18, Ethereum has risen nearly 100%. That gives crypto investors renewed courage. Whether Ethereum can single-handedly pull the cryptocurrency back up, however, remains to be seen. Nevertheless, Ethereum has set a good example.

Categorie: Weekly Crypto Digest Tags: Ethereum

Weekly Crypto Digest: crypto market still under pressure

12/03/2022 By Jan Robert Schutte Reageer

The attached overview from Coin360 shows the performance of the crypto market over the past seven days. The total crypto market cap dropped significantly over the past week to a total of $1,742 billion.

Thereby, Bitcoin’s market dominance consolidated around 42%. The market dominance of number 2 Ethereum (ETH) remained stable at 18%. Ethereum’s market cap dropped to $310 billion.  

[Lees meer…] overWeekly Crypto Digest: crypto market still under pressure

Categorie: Weekly Crypto Digest Tags: ETH, Ethereum

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