Crypto Week in Review 2/16/2018: Top Gainers Heading Into Chinese Spring Festival
Crypto investors are breathing a collective sigh of relief heading into the weekend, following what turned out to be a fairly bullish week. Since hitting lows below $6,000 earlier this month, bitcoin has since bounced back to over $10,000. Meanwhile, Litecoin continues its upward surge through $225 following some very bullish news regarding their LitePay platform launch while many other notable altcoins erased a portion of their massive January losses.
Here’s everything you missed as we head into the Chinese Spring Festival:
Featured Projects of the Week
Revain – Blockchain Review Platform
Skraps – Acorns for cryptocurrencies
Polymath – Securities Token Platform
News of the Week
Litecoin’s Price Jumps Nearly 35 Percent In 24 Hours Ahead Of LitePay Launch Date
S. Korea Responds To Public Petition: No Crypto Trading Ban, But Gov’t ‘Still Divided’
CFTC to Establish Crypto and DLT Committees
Hackers Stole $50 Million in Cryptocurrency Using ‘Poison’ Google Ads
Western Union Is Testing Ripple and XRP for Money Transfers
Berkshire’s Charlie Munger calls bitcoin ‘noxious poison’
Video Game Maker Atari Is Planning to Launch Its Own Cryptocurrency
Western Union Confirms Plans to Experiment With Ripple
U.S. regulator warns of ‘pump-and-dump’ cryptocurrency frauds
Bitcoin Price Topped $10,200 Amid Cryptocurrency Rally
IRS Finds Only 0.04 Percent of Filers Report Cryptocurrency Assets in 2017
Salon Offers Crypto Miner Coinhive as an Alternative to Advertisements
Japan’s Finance Watchdog to Inspect 15 Unlicensed Crypto Exchanges
‘Hundreds’ of Crypto Miners Said to Be Descending on Quebec
SEC Suspends 3 Companies Claiming Crypto Connection
Top Gainers of the Week
% represents 7-day change at 5 PM on Friday. This list does not include pump-and-dumps or dead projects. Graphs show 1-month time frame or longest available time frame under a month for reference.
Pareto Network (118.34%)
Description: Current, reputable & actionable intel for digital currency traders and investors
Symbol: PARETO
Website: pareto.network
Gifto (114.32%)
Description: Decentralized Universal Gifting Protocol
Symbol: GTO
Website: gifto.io
Hackspace Capital (75.36%)
Description: Invests in and develops the most promising early stage technology hardware and connected hardware startups
Symbol: HAC
Website: hackspace.capital
Zeepin (66.77%)
Description: Zeepin, a decentralized innovation community, is dedicated to promoting highly efficient circulation of innovation assets.
Symbol: ZPT
Website: zeepin.io
Santiment Network Token (65.72%)
Description: Market Datafeeds, Newswires, and Crowd Sentiment Insights for the Blockchain World
Symbol: SAN
Website: santiment.net
BLOCKv (63.58%)
Description: BLOCKv provides developers with the building blocks to design the experiential economy of the future and unlock new opportunities for businesses within this growing ecosystem.
Symbol: VEE
Website: blockv.io
RChain (61.97%)
Description: Scalable blockchain applications
Symbol: RHOC
Website: rchain.coop
ZClassic (55.33%)
Description: Zclassic is a fork of Zcash, removing the 20% developer tax
Symbol: ZCL
Website: zclassic.org
HEROcoin (54.72%)
Description: The decentralized solution for online gaming betting
Symbol: PLAY
Website: www.herocoin.io
MonaCoin (49.17%)
Description: The first Japanese Cryptocurrency
Symbol: MONA
Website: monacoin.org
This week had a lot of interesting altcoins making moves, including a massive (and long-overdue) surge by Litecoin. We will monitor the charts closely as we move into a pivotal week for price action.
Visit us again next Friday to check out which coins make the list of top gainers, or join us on Telegram to discuss the hottest projects in crypto.
More: Bitcoin Cash Price Leads the Market as BTC Retreats Below $10,000
