7/22/2019 – 7/28/2019

This week, the overall market capitalization for the top 100 cryptocurrencies decrease of 8.62%, with 80 projects decreased in value to varying degrees.

According to coinmarketcap, as of July 28th, 2019, the total market cap of cryptocurrencies was 265.85 billion U.S. dollars, decreased by 8.62%, and the total market cap of the top 100 cryptocurrencies was 258.59 billion U.S. dollars, decreased by 8.75% from last week. 3 cryptocurrency projects entered the top 100 this week, namely UIP, NEXO, MXM. As of July 28th, 2019, Bitcoin was traded at 9552.86 USD, 9.57% lower than its price last week. Ethereum was traded at 211.19 USD, decreased by 5.80%. This week, the overall market capitalization for the top 100 cryptocurrencies decreased by 17.7%.

Among TOP 100 cryptocurrency project segments, the total market cap and the average market cap of coin class projects received the largest decrease. The market segment distribution of the top 100 cryptocurrencies remained stable.

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

Bitcoin’s Hashrate was 69.43EH/s, increased by 11.66% from last week and Ethereum’s Hashrate was 171.24TH/s, decreased by 1.39% from last week. The difficulty of mining Bitcoin was 9.038T, decreased by 0.29% from last week. The average difficulty of mining Ethereum this week was 2227.385TH, increased by 0.01% from that of previous week. The number of mined blocks in Bitcoin’s entire network was 1080, increased 7.14%. Ethereum’s entire network mined 46358 blocks, increased 1.26%.

In network activity, the average number of transactions per block of Bitcoin and the average block size of Bitcoin decreased. The average number of transactions per block of Ethereum and the average block size of Ethereum decreased this week. According to blockchain.info, from July 22th, 2019-July 28th, 2019, the average size of each block was 1.03MB, decreased 8.85%; there were on average 2198 transactions recorded in each block, decreased by 6.63% from the previous week. According to etherscan data, the average block size of Ethereum was 20960bytes this week, decreased 16.53%; there were on average 108.57 transactions recorded in each block, decreased 6.56%.

As of July 28th, 2019, the average transaction fees on the Bitcoin network this week was $0.922, decreased by 34.14% from last week. The average transaction fees on the Ethereum network this week was $0.0952, decreased by 19.32% from last week. Total number of addresses on the Blockchain and Ethereum network reached 40.83 million and 69.65 million, increased 1.88 million(0.46%) and 0.46(0.67%) million respectively. INS was the most active project on GitHub this week, with 282 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 Litecoin.

Six investment activities took place in the blockchain industry this week, led by Bitsdaq received ten million dollars in strategic investment from Royal Capital.

Full report:http://bit.ly/33uzlRY



	

Posted by Editor