[ad_1]
Saturday, January 5 – the cryptography markets are now predominantly in the green, since Bitcoin (BTC) approaches the value of $ 3,900, the data of the shows of Coin360.
Viewing the Coin360 market
Bitcoin showed slight growth today, up about 3% and trading at around $ 3,899 at the time of printing. During the month, Bitcoin increased by almost 1% and almost 7% during the week.
Bitcoin 7-day price chart. Source: Cointelegraph bitcoin price index.
Ethereum (ETH) is currently trading at around $ 159, up more than 6 percent on the day at the time of printing. The second largest cryptocurrency is seeing around 35 percent gains during the week, and gains of 47 percent over the month.
This week, Ethereum developers discussed the possibility of implementing a new proof-of-work (PoW) algorithm that would increase the efficiency of GPU-based network extraction rather than ASIC. The debate on the opportunity to carry out the implementation comes before the next fork of Ethereum Constantinople.
The Ethereum 7-day price table. Source: Cointelegraph Ethereum Price Index
The third largest Cryptocurrency Ripple (XRP) increased by 2% at the time of the press, trading around $ 0.36. During the week, the currency recorded a growth of over 7% and gains of almost 5% during the month.
7 days price chart ripple. Source: Cointelegraph & # 39; s Ripple Price Index.
The total market capitalization of all cryptocurrencies is currently about $ 133 billion at the time of printing, compared to the weekly minimum of about $ 125 billion.
Weekly chart of the total market capitalization of all CoinMarketCap cryptocurrencies
Among the top ten cryptocurrencies, Litecoin (LTC) and TRON show the highest growth, respectively of 12 and 15%.
Earlier this week, the Gemini encryption exchange – founded by the Winklevoss twins in 2014 – published a series of announcements calling for better regulation of cryptographic space. The ads, which read "Crypto needs rules", were received with mixed reactions from the crypto community, as some believe that the space suffers from the intervention of regulators.
Also this week, another five cryptographic exchanges – including Coincheck – have joined the Japanese self-regulatory association of cryptocurrency exchanges.
[ad_2]Source link
