If you bought a £1000 worth of bitcoin on Monday 15th February, it would be now worth £1158 on Saturday 20th February.
Buy and Trade different cryptocurrencies on cex.io a London based cryptocurrency trading platform.
THIS WEEK IN CRYPTO
The Bticoin bull run continues with it passing $55k, with it being reported that Bitcoin is surpressing the value of gold. Can wide scale adoption put the crypto into six figures?
As Ether passes the $2000 mark it is showing its strength, Ether provides the decentralised framework for many alt coins, with a move to proof of stake on the cards could bring further alt season
Since January Cardano ADA has nearly tripled it’s market cap from $11bn to $28bn. It is a scalable competitor to Ethereum and offers technological improvements with a solid team of developers
This weeks whale watch we saw 220 million XRP worth about $122 million move from coinbse. The transaction fee of 20 XRP is about $10, crypto transcends traditional fiat monetary systems
IOTA have brought on board the Rust software engineer Antoni Dikov and Karolis Petrauskas a computer scientist charged with onsensus and other distributed algorithms
Polkadot is up 938% this year and is currently is the fourth largest cryptocurrency according by market capitalisation, this is a network that is reported as undervalued.
To finish off the week Bitcoin a trillion dollar market cap, it’s still just under halfway to Apples $2.18 trillion dollar cap, but is already passing long established financial players
NEXT WEEK IN CRYPTO
Will Bitcoin keep it’s bull run going and hit $60k? Which major company or brand are about to integrate cryptocurrencies and distributed ledger technologies?