It’s Monday, which means it’s time to recall the crypto world events of the past week, and discuss the news of the crypto market over the past seven days. Don’t forget to mention in the comments the news that were not included in our selection!
New trends in the development of the blockchain industry
Experts at Mindsmith have identified the main trends in the blockchain industry, which can become decisive for the further development of global technologies! For example, banks are developing blockchain-powered solutions in the field of information security. Providers of financial and technological services are actively working on alternative payment systems based on blockchain technology. Insurance companies are experimenting with smart-contracts and concepts of sovereign identity, seeing significant potential in the tokenization of identity data.
ETH and BTC prices hold positions
The price of the first cryptocurrency began its growth a couple of weeks ago, and last week it finally hit above $ 11,300. Experts claim that the next support line will be the price of 11,800 per Bitcoin, but for now the first cryptocurrency is being traded in the $11,467 area — basically, in the same place where it was seven days ago. The second largest cryptocurrency by capitalization, Ethereum, is traded in the $376 area.
OKEx has suspended withdrawals
One of the past week scoops was the suspension of the withdrawal of funds from the OKEx cryptocurrency exchange. Initially, it was reported that one of the private key holders “cooperates with law enforcement agencies” and does not get in touch.
Ethereum 2.0 Got Closer?
Last week, Ethereum developers took another step towards Ethereum 2.0 and launched the final Zinken testnet. It is this launch, which, according to Buterin’s team, was successful, should become a “dress rehearsal” for the creation of the Ethereum 2.0 genesis block. Perhaps Ethereum developer Evan Van Ness who stated that the time count before the launch of Ethereum 2.0 “goes by weeks” was not far from the truth.
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