Blockchain Market Update: 08 October 2018

NKB TEAM 08. 10. 2018

Digital assets remain indecisive and ranging sideways. Market leaders Bitcoin and Ethereum recorded a slight loss of 0.5% and 3% respectively. Best performers among the top-40 crypto were Maker (39%), Tron (25%), 0x (16%) and Siacoin (16%). This week’s worst performers from the top-40 assets were Ripple (-17%), Stellar (-7%) and Tezos (6.5%).

  • Bitcoin’s dominance rose slightly to 52.3% from 51.2% a week ago. The total Crypto Market shrank by more than 2%, and the overall volume fell by almost 30% over the past 7-days. Bitcoin lost 0.5%, Ethereum -3%, XRP -17%, EOS 0.4%. Best performers among the top-40 crypto were Maker (39%), Tron (25%), 0x (16%) and Siacoin (16%).
  • SEC decision on nine Bitcoin ETFs by the end of October
  • Yale Endowment enters Crypto Space
  • TD Ameritrade launches Crypto Exchange
  • Gemini Exchange obtains insurance partner
  • Blockchain startups raised $3.8 Billion through VCs in 2018
  • WSJ reports almost $90 million money laundering on crypto exchanges
  • Goldman sachs-backed Circle acquires SeedInvest
  • First tokenized condo in Manhattan

Date: 08 October 2018

Crypto MktCap: $218 bn

24h volume: $10.8 bn

BTC dominance: 52.3%

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NKB TEAM 08. 10. 2018

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