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?
Chainlink’s explicit goal is to create an Economically Fair World, as a part of this they have announced a Chainlink Community Grants program, with more information available on their blog
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
We define an electronic coin as a chain of digital signatures. Each owner transfers the coin to the next by digitally signing a hash of the previous transaction.
Which Crypto?
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
This week youtuber NSXTRA released a video “Idiot Spends $1.8 million of Bitcoin on old Hondas” A perfect illustration for stacking sats. thanks for the expensive lesson NSXTRA
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?
