Blockchain Market Update: 29 April 2019

NKB TEAM 29. 04. 2019

Following the Bitfinex news, digital assets recorded a negative week where the total market cap lost around 7.5%, falling from $185bn to almost $172bn as of this morning. Bitcoin was halted on its way to break resistance at $5,650 and quickly fell below $5k, losing 18%. BTC currently sits at $5,200 with increasing market dominance (+4%). Ethereum, Ripple, Bitcoin Cash and other major digital assets' losses range from 5% to 12%, with the exception of IOTA as the best performing large asset of the week, which surged 20% as Jaguar Land Rover announced their new partnership.

  • Bitcoin’s dominance is up by 4% (54.6%), the total market cap is down by 6.8% ($171.5bn)‚ and overall volume is down by 21% ($39.4bn) on the previous week. Bitcoin is down by 0.1%, Ethereum by 7.5%, XRP by 8.4%, and EOS is down by 9.5%. The best performer among the top-20 crypto was IOTA (3.4%).
  • Bitfinex Faces Legal Action From NY Attorney General
  • Coinbase 2018 Revenue is 60% Lower than Expected
  • A17z is Set to Invest $1 Billion into Crypto
  • ErisX is Set to Launch its Trading Platform
  • Nasdaq Quietly Tests Bitcoin Trading
  • Samsung Developing Own Blockchain
  • Nike Files Trademark for CryptoKicks
  • Societe Generale Issues First Covered Bond as a Security Token
  • SeedInvest Receives ATS License
  • India Considers Complete Ban on Digital Currencies


Date: 29 April 2019

Crypto MktCap:  $171.5 bn

24h volume: $39.4 bn

BTC dominance: 54.6%

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NKB TEAM 29. 04. 2019

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