We’re back for the weekly recap of the top 10 cryptocurrencies in the market, and it’s been a very active week for crypto since the official announcement of Facebook’s Libra. Let’s see how the news hit.
Another week, another recap. This time, we saw the market struggle to recover after last week’s big drop, and some of the coins made very promising advances towards a healthier state. Let’s take a look.
A couple of weeks ago we took a look at how some big multinational corporations and tech giants were pondering their possibilities of entering the cryptocurrency landscape via investments, research funding or simply creating their own token to compete with the likes of Bitcoin and Ethereum, and the most followed one has been Facebook’s attempt on their currency.
The original idea of Bitcoin, coming all the way from Satoshi Nakamoto’s whitepaper in 2008, is of a “purely peer-to-peer version of electronic cash”. This is the vision that triggered the development of blockchain, cryptocurrencies and decentralized payment solutions, but we’ve drifted so far from it that it’s become an issue, one that Ferrum is willig
It’s time for another weekly recap of the top 10 cryptocurrencies by market cap, and this week there were great changes to the tendencies we’ve been seeing in the past month. Let’s take a look at what’s happening: