This week, the overall market capitalization for the top 100 cryptocurrencies increase of 6.26%, with 67 projects increased in value to varying degrees. According to coinmarketcap, as of September 8st, 2019, the total market cap of cryptocurrencies was 271,62billion U.S. dollars, increased by 6.26%, and the total market cap of the top 100 cryptocurrencies was 264.13 billion U.S. dollars, increased by 6.38% from last week. 4 cryptocurrency projects entered the top 100 this week, namely FXC,MXM,OKB, and MCO.

As of September 8st, 2019, Bitcoin was traded at 10441.28USD, 7.37% higher than its price last week. Ethereum was traded at 181.36 USD, increased by 5.80%. This week, the overall market capitalization for the top 100 cryptocurrencies increased by 21.86%. Among TOP 100 cryptocurrency project segments, the total market cap and of the average market cap of token class projects received the largest decrease. The market segment distribution of the top 100 cryptocurrencies remained stable.

This week, the Hashrate of Bitcoin and the Hashrate of Ethereum both increased. The difficulty of mining Bitcoin increased and the difficulty of mining Ethereum increased. The average number of transactions per block of Bitcoin and the average block size of Bitcoin both increased. The average number of transactions per block of Ethereum increased and the average block size of Ethereum decreased. The average transaction fees of Bitcoin increased, and the average transaction fees of Ethereum increased. INS was the most active project on GitHub this week.

Bitcoin’s Hashrate was 82.00EH/s, increased by 6.67% from last week and Ethereum’s Hashrate was 176.602TH/s, increased by 1.76% from last week. The difficulty of mining Bitcoin was 10.68T, increased by 4.83% from last week. The average difficulty of mining Ethereum this week was 2283.72TH, increased by 2.82% from that of previous week. The number of mined blocks in Bitcoin’s entire network was 1100, increased 3.97%. Ethereum’s entire network mined 45797 blocks, decreased 0.48%.

In network activity, the average number of transactions per block of Bitcoin and the average block size of Bitcoin increased. The average number of transactions per block of Ethereum increased and the average block size of Ethereum decreased this week. According to blockchain.info, from September 2nd, 2019- September 8st, 2019, the average size of each block was 1.03MB, increased 0.98%; there were on average 2198 transactions recorded in each block, increased by 2.23% from the previous week. According to etherscan data, the average size of each block was 19207 bytes, decreased by 4.60% compared to last week.

There were on average 113.9329 transactions recorded in each block, increased 1.76%. As of September 8st, 2019, the average transaction fees on the Bitcoin network this week was $0.790, increased by 16.52% from last week. The average transaction fees on the Ethereum network this week was $0.195, decreased by 72.57% from last week. Total number of addresses on the Blockchain and Ethereum network reached 41.72 million and 72.85 million, increased 0.26 million(0.62%) and 0.43(0.59%) million respectively. INS was the most active project on GitHub this week, with 210 commits submitted in the past week.

In terms of community activity, Torn, Bitcoin and Ethereum are the most popular communities on Facebook. On Twitter, the most popular communities are Bitcoin, Ripple and Tron.

Three investment activities took place in the blockchain industry this week, led by HTC, Bitmark invested by Alibaba, received $3 million investment.

Read complete report here: https://wp.me/a9UBfi-10t

Posted by Editor