Crypto Ups and Downs on 27 Mar - 2 Apr

In this article we present the overview of the gainers and downers among cryptocurrencies with the highest market capitalization during the week on March 27 - April 2 of 2018
02 April 2018   740

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.

We can fairly say that this week was much more successful for cryptocurrencies than the previous one as our charts show that there was plenty of coins which almost doubled in price. As for the digital coins with high market capitalization, XPA is the leader of our charts this week as it rose 341.57% within past 7 days. Mithril was also incredibly successful, it increased 173.44%, having its market capitalization grown from $56 million on March 27 to $125 million on April 2. Bytom and Ontology have also had a pretty nice week as they rose more than 20%.

The Biggest Gainers

Name Market
  Cap
Price 
in $
Volume
 (24h)
Change %
(7 days)
Verge 663 543 554 0,044881 87 988 800 + 11.42
Ontology 495 497 258  2,05 37 346 200  + 25.04
Bytom 464 344 020 0,470460 25 561 000 + 21.80
XPA 327 017 000 0,327017 189 558  + 341.57
Mithril 124 080 221 0,413420 9 555 160 + 173.44

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)
Ethos 147 780 461 1,94 3 205 760 - 39.99
Storm 121 860 905 0,029803 76 968 100 - 40.05
Request Network 98 080 502 0,147943 3 054 670  - 39.14
Pura 37 139 689 0,214314 272 939 - 42.00
Crypterium 36 077 124 0,462044 296 649 - 41.21

The greatest downer of this week is Pura, which has shown a downwards trend of 42%, having its price decrease from $0,35 to $0,21. Crypterium fell 41.21%, having its price decreased from $0,72 to $0,46 within past 7 days. Moreover, Ethos has also had a rather unsuccessful week, as it fell 39.99%, having its price drop from $3,07 to $1,94 from March 27 to April 2. The market capitalization of Request Network dropped from $153 to $97 million, while the market capitalization of Storm fell down from $184 million to $122 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.