Huobi Academy of Blockchain Application generates a weekly cryptocurrency market review report called Huobi Research Weekly which deals with technical market indicators such as market value of Top 100 cryptocurrencies – down 21.3%, recent price movements (BTC down 19.5%, Eth down 25%), trading volumes (fell 25%), hash rates (slight increase of 2.8% for BTC, down 0.72% for Eth), mining difficulty, rewards and pool distribution. The report also covers event-driven news like Blockchain technology developments, ICO activity – 87 new digital asset projects and global policy developments. Find out more today. Huobi Research Weekly (Vol. 4) is available for download below.
XPA, ONT, SKY and BTM Top Gainers among Top 100 Cryptocurrencies
Amid the market correction in the Top 100 digital assets, with more than 62 of 100 projects recording a decline of more than 20% from last week’s value, 6 Blockchain assets managed to shine. Among them, XPA had a stupendous price increase of more than 330%. XPA is a blockchain asset management that aims to bridge the gap between cryptocurrency and real world assets. The other top Blockchain asset gainers includes Ontology (ONT), a public multi-chain project and distributed trust collaboration platform, Skycoin (SKY) and Bytom (BTM) gaining 50.7%, 31.2% and 30.8% respectively.
BTC and Eth Mining Pool Distribution Stable Week-on-week
With centralization risks yet again in the news because of Bitmain’s newly announced ASIC miners engineered specifically for mining Ethereum, mining and mining pools distributions are back in the spotlight once again. BTC mining pools distribution saw ViaBTC dropping from 3rd place to 5th place, while Ethereum Network had barely any disturbance in the distributions week-on-week.
For a more complete read, do click this link to find out more on Huobi Research Weekly Vol. 4 here. This exclusive report is currently free for download below. The data in this article is produced by Huobi Academy of Blockchain Assets. Find out more today!
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