Crypto Ups and Downs on 6 - 12 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 6 - 12, 2018
12 March 2018   1381

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 was much less successful for the coins and tokens with high market capitalization, than the previous one. Currently SaluS is the leader of our charts as it rose 25.60% within past 7 days, and it is a much less successful result in comparison with the last week gainers charts, when most of the coins grew more than 50%. MinexCoin is also rising, it managed to increase 21.26%, having grown from $26,56 on March 6 to $32,61 on March 12, while its market capitalization grew from $91 million to $112 million.

The Biggest Gainers

Name Market
  Cap
Price 
in $
Volume
 (24h)
Change %
(7 days)
Storj 149 988 933 1,12 9 207 640 + 3.26
MinexCoin 111 737 792 32,27 345 869 + 21.26
XPA 101 399 000 0,101399 79 992 + 4.16
SaluS 85 857 601 84,99 9 218 970 + 25.60
Credits 77 832 224 0,602697 2 859 580 + 7.39

Nevertheless, past week was not so fortunate for some 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)
MediShares 59 926 943 0,123941 3 020 720 - 43.30
IoT Chain 51 096 430 1,05  6 620 330 - 43.61
DATA 42 419 099 0,009971 3 552 370 - 44.70
AirSwap 35 255 550 0,235037 1 704 210 - 48.02
Cobinhood 34 769 487 0,097028 301 126 - 43.62

The greatest downer of this week is AirSwap, which fell 48.02%, having its market capitalization decreased from $64 million to $35 million only within 7 days. Moreover, DATA has also had a rather unsuccessful week, as it fell 44.70%, having its price drop from $0,017 to $0,009 from March 6 to 12. The market capitalization of Cobinhood dropped from $58 to $34 million, while the market capitalization of IoT Chain fell down from $87 million to $51 million.

Lightning Network Wallet by Breez to be Out For iOs

Solution is based on the lightweight client called Neutrino and it wallet supports Submarine Swaps technology
18 June 2019   202

The Breez payment platform introduced a non-custodial wallet for iPhone that supports the Lightning Network protocol.

The basis of the new product is a lightweight client Neutrino. It is also known that the wallet supports Submarine Swaps technology, which makes it possible to conduct transactions between online addresses and the Lightning Network.

The company's blog says that immediately after installation, the application automatically connects the channel to the so-called Breez hub connected to other Lightning nodes, which allows the user to conduct transactions with any participants in the second-level network. In addition, according to the founder of the company, Ron Scheinfeld, the possibility of a refund is provided in the event of challenging purchases.

In a Lightning economy, people trade money for goods and services. Intermediaries — banks, credit cards, online payment processors, and custodians of any kind — are obsolete. All that remains are the people, trading with each other anywhere, anytime, free to do what each of them thinks is best with their own money. Scale is no longer a concern. Transactions are virtually instantaneous and practically free. The people are free too. Finally.
 

Roy Sheinfeld
Co-Founder and CEO, Breez

The company also noted that within only two months after the release of the version for Android, Breez benefited from "hundreds of users." Currently, the wallet is in beta.

On the eve of the release of the iOS application, the startup managed to attract $ 500,000 from Recruit Strategic Partners and Fulgur Ventures. The funds will be used to develop an application for merchants, allowing them to accept Lightning-payments.