Price observations:
Bitcoin rose 15% this week and rose slightly last week, down nearly 20% in the previous week. After stabilizing at $7,100 earlier this week, the price soared to a massive green candle above $8,000. The price has exceeded the $8 mark, but analysts are optimistic. A few weeks later, we saw for the first time that the main characters displayed huge price targets in a manner similar to the end of 2017. Despite the increase in prices, Bitcoin’s dominance declined slightly, marking a reversal of gains last week.
Ethereum rose 30% this week. The currency remained flat last week and experienced double-digit declines in the past few weeks. Technical analysts are optimistic that the rally will continue. Those who are more keen on fundamental analysis will point out that Golem went live this week.
The entire password market has risen 20% this week, briefly increasing the total market value by more than $325 billion. This was after the $20 billion gain earlier this week was undoubtedly due to the sharp rise in bitcoin prices earlier this week. A few weeks after the price maintained at the level of 250 billion U.S. dollars, prices have risen sharply
Crackdown:
Trump cracked down on Pietro's dissatisfaction: The Venezuelan government representative thanked Trump for his free propaganda against him. The representative further claimed that Trump’s executive order even managed to increase investor interest in the United States. These remarks should be hesitant because Venezuelans were suspected of making false statements about the “$5 billion” proposed by Petro earlier this year. In any case, Venezuela has made some bold predictions about the future, indicating that Petro's influence will be felt within “three to six months”.
This week, Pakistan banned the transfer of cryptocurrencies by banks, followed by neighbors and re-attack of enemy Indian bans. Pakistan’s move is expected to be as controversial (and ambiguous) as India. Although these bans have taken various forms, Bolivia, China, Ecuador, Colombia, Russia, Vietnam, Bangladesh, Nigeria and other countries have also taken similar actions.
JPMorgan sued over charges: JP Morgan CEO Jamie Dimon once called bitcoin a "fraud," which is a form of so-called business justice, and the company he runs has been subject to a class action lawsuit to buy bitcoins. .
Forx:
Nano Litigation Claims Bifurcation: A class action lawsuit filed by a victim of a breach of the transaction on the exchange BitGrail aims to force the nano developer (XRB) to create a hard fork, returning the lost assets to investors. Under normal circumstances, security is the responsibility of the asset owner, but the developer seems to have clearly expressed its support for the exchange's citation to the close relationship with BitGrail founders. Whether the attack occurred and many people have questions about BitGrail’s specific accusations. If the lawsuit was won by the plaintiff, it may create a dangerous precedent for future hackers.
Vitalik Opposes Hard Bifurcation to Stop ASIC Mining: Ethereum co-founder Vitalik urged the community to take some restraint after the EIP tried to slow the concentration of Ethereum by preventing ASIC miners from becoming very popular. With Moner's five-time hard memory, there is every reason to worry about the division of the community and the devaluation of “more important things”.
Coins mentioned in post:
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