Blockchain Market Update: 11 June 2019

NKB TEAM 11. 06. 2019

Digital assets recorded a fairly volatile week, where the total market cap ranged from $240bn to $260bn. After several attempts of breaking below the $7,400 support level, BTC spiked by 4% on Monday afternoon towards $8,000. All major assets have followed the price action of BTC, which has resulted in $8bn being pumped back into the the total market cap, where Litecoin surged by 20%. Last week the best performers among the top-30 assets were Chainlink (30.2%), Litecoin (23%) and VeChain (9.1%).

  • Bitcoin’s dominance is down by 0.5% (55.6%), the total market cap is down by 5.9% ($254bn)‚ and overall volume is down by 15.3% ($61bn) on the previous week. Bitcoin is down by 0.4%, Ethereum by 0.6%, XRP is up by 4.8%, and EOS is down by 5.1%. The best performers among the top-30 crypto were Chainlink (30.2%), Litecoin (23%) and VeChain (9.1%)
  • OKCoin Launches Euro Trading and Malta Office
  • Marshall Islands to Launch Government-Backed Token
  • 74% of Bitcoin Mining Uses Renewable Energy
  • Facebook to Reveal Its Crypto Project Details on 18th June and Plans to Charge $10m License Fee for Node Operators
  • Taotao Exchange Launches
  • Swarm Launches Zero-Fee Digital Securities Platform
  • SEC Files Lawsuit against Kik ICO
  • Japanese Tax Authorities to Combat Under-Reporting Crypto Investors
  • India Proposes Bill to Ban Use of Cryptocurrencies

Date: 11 June 2019

Crypto MktCap:  $254 bn

24h volume: $61 bn

BTC dominance: 55.6%

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NKB TEAM 11. 06. 2019

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