Blockchain Market Update: 3 June 2019

NKB TEAM 03. 06. 2019

Friday’s $25m dump did not extend into the weekend and things started to recover pretty quickly. Bitcoin reached an intraday high late Sunday when it made just above $8,800. Since then BTC retreated back below $8,400 as of this morning and many analysts anticipate corrections as the parabolic pattern is no longer in place. Total crypto market capitalization is currently at $268 billion. Last week the best performers among the top-30 assets were Bitcoin SV (86%), Atom (33.7%) and Ethereum Classic (21.3%)

  • Bitcoin’s dominance is down by 1% (55.9%), the total market cap is up by 0.7% ($270bn)‚ and overall volume is down by 10% ($72bn) on the previous week. Bitcoin is down by 2.3%, Ethereum by 1.6%, XRP is up by 7.8%, and EOS is up by 5.9%. The best performer among the top-30 crypto were BTCSV (88.3%), Atom (38.9%) and ETC (21.4%).
  • Ernst & Young Launches Nightfall Protocol on Ethereum
  • Bitcoin Hits All-Time High in Argentinian Pesos
  • South Korea’s Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance
  • Bitcoin Mining Difficulty at All-Time High
  • 4C and Omega Securities Seek OSC Approval for Digital Asset Platform
  • Gibraltar Stock Exchange Launches Secondary Market for Security Tokens
  • Japanese Parliament Passes Bill to Amend National Laws that Apply to Crypto
  • Australian Regulator Releases Crypto, ICO and Mining Guidelines

Date: 3 June 2019

Crypto MktCap:  $270 bn

24h volume: $72 bn

BTC dominance: 55.9%

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NKB TEAM 03. 06. 2019

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