Crypto Ups and Downs on 20 - 26 Mar

In this article we present the overview of the gainers and downers among cryptocurrencies with the highest market capitalization during the week on March 20 - 26 of 2018
26 March 2018   950

From this article you will learn about the most unpredictable ups and downs of cryptocurrencies. We have analyzed the crypto market, and researched the most popular tokens and coins with market capitalization over $1M. In the charts below you can find all relevant information regarding the leaders of growth and fall during past 7 days.

This week the list of cryptocurrencies looks much better than last week, as the coins are rising notably. Some of the coins managed to even double in price, for instance Storm, which rose 147.38% within past 7 days. Veritaseum is also rising, it increased 77.24%, having its market capitalization grown from $217 million on March 20 to $381 million on March 26. ICON, Loopring and IOStoken also had a pretty successful week as they all rose more than 50%.

The Biggest Gainers

Name Market
  Cap
Price 
in $
Volume
 (24h)
Change %
(7 days)
ICON 1 252 086 385 3,24  96 678 300 + 55.37
Veritaseum 381 995 255  187,56 560 958 + 77.24
Loopring 259 214 758 0,453114 3 559 270 + 56.05
IOStoken 220 183 320 0,026212 72 934 200 + 55.45
Storm 191 302 305 0,046786 336 633 000 + 147.38

However, past week was not so fortunate for some of the cryptocurrencies. A lot of coins and tokens fell down in price and market capitalization, losing popularity among the users.

The Greatest Downers

Name Market
  Cap
Price 
in $
Volume
 (24h)
Change %
(7 days)
Electroneum 178 009 156 0,027255 1 398 99 - 18.53
SmartCash 93 346 529 0,112884 94 943 - 28.35
LeadCoin 18 392 523 0,023448 4 892 020 - 67.18
Storiqa 18 283 013 0,002354 112 282 - 32.28
ZClassic 16 399 212 4,56 438 731 - 25.39

The greatest downer of this week is LeadCoin, which has shown a downwards trend of 67.18%. Storiqa fell 32.28%, having its price decreased from $0,003 to $0,002 within past 7 days. Moreover, SmartCash has also had a rather unsuccessful week, as it fell 28.35%, having its price drop from $0,15 to $0,10 from March 20 to 26. The market capitalization of ZClassic dropped from $22 to $16 million, while the market capitalization of Electroneum fell down from $229 million to $177 million.

Kraken to Add Bech32 Support for BTC and QTUM

Bech32 format corresponds to addresses that support sending transactions using SegWit scaling technology
08 November 2018   181

The popular American cryptocurrency exchange Kraken announced the long-awaited integration of Bech32 addresses for Bitcoin and QTUM.

To date, Bech32 addresses have been integrated only for withdrawal operations. Bech32 addresses start with “bc1” and “qc1” for bitcoin and QTUM, respectively. Support for Bech32 addresses for depositing operations will be implemented soon, the company promises.

The Bech32 format corresponds to addresses that support sending transactions using SegWit scaling technology, activated in the Bitcoin blockchain about a year ago. According to the transactionfee.info portal, by now the share of SegWit transactions in the Bitcoin blockchain has again dropped to 42%, after being briefly close to 50%.

Earlier, the Kraken exchange stated that it supported the launch of SegWit in the bitcoin blockchain and uses the Bech32 format to make transfers in its internal systems, but refused to provide customers with access to such addresses until the technology is integrated into large wallets such as Bitcoin Core. Release of Bitcoin Core 0.16.0 with support for SegWit was held in February of this year.

Get more info on Bech32 at GitHub.