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Huobi Research of Blockchain Application generates a weekly cryptocurrency market review report called Huobi Research Weekly, and following is the abstract.
This week, the market cap and 24h trading volume of cryptocurrency have both increased. On June 4th, the total market cap of the TOP100 cryptocurrencies is to $329.14 billion, a 6.38% increase from the previous week. 84 of the Top100 cryptocurrencies have rose to varying degrees. 24h total market trading volume increased by 47.01% compared to that of the previous week. Theta is the top performer of the week, whose market cap increase by 64.76%, and its ranking stepped forward by 37, entering the TOP100. Bitcoin was at $7682.64, up 4.83% from the previous week, and Ethereum was at $602.88, up 3.33% from last week. HB10 significantly increased by 19.06%.
Unconfirmed transactions number in Bitcoin hugely increased by 15.72%. Ethereum’s average unconfirmed transaction increased by 11.57%. Bitcoin miner's fees fell sharply, Ethereum's miner's fee increase. The 7 days averaged number of unconfirmed transactions in Bitcoin and Ethereum was 2171 and 36,241. Bitcoin hashrate increased by 2.23%, and Ethereum’s hashrate decreased by 1.52%. The average daily transaction fee for Bitcoin and Ethreum was $0.722 and $0.446, which decrease 27.2% and increase 9.85% respectively from last week. The total number of blockchain and Ethereum addresses reached 25.08 million, and 38.10 million.
The EOS code has the highest level of activity. NaviAddress has become the focus of attention on telegram. Github code EOS reached 262 commits this week. In terms of community activity, homepages of Bitcoin, Ethereum, and Ripple (XRP) ranked top three on Facebook; The top three projects on Twitter are Ripple, Bitcoin, and Ethereum; and NaviAddress attracted the most attention on telegram, also being the fastest-growing project in the past 24 hours.
New digital assets fundraising this week mostly come from Russia, with blockchain platform projects capturing most of the market attention. 76 new digital asset projects finalized the public funding process, most of them were from Russia, which focus on blockchain platform area, followed by gaming, infrastructure, finance, software and AI etc. Among 15 fundraising projects that we followed, Hyperchain was the biggest one, who raised over 1.5 billion RMB in its series B financing.
For a more complete read, do click this link to find out more on Huobi Research Weekly Vol. 13 here. This exclusive report is currently free for download below. The data in this article is produced by Huobi Academy of Blockchain Assets. Find out more today!