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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.
Market cap and transaction volume of cryptocurrencies significantly declined this week, 96 of the TOP100 currencies experienced decline to varying degrees. On June 25th, the total market cap of the TOP100 cryptocurrencies decreased to 235.34 billion dollars, an 11.77% decrease from last week. 24h total market trading volume decreased by 34.42% compared to last week. CENNZ is the top performer this week with a market cap increase of 43%, joining the TOP100 cryptocurrencies as No.70. Bitcoin’s price was $5982.37, down 8.88% from last week and Ethereum’s price was $454.30, down 9.86% from last week. HB10’s price decreased by 17.70% this week.
Bitcoin’s average number of transactions per block decreased and average block size increased. Both of the above decreased in Ethereum. Number of unconfirmed transaction in Ethereum increased 41.6% from last week. Bitcoin’s transaction fees slightly decreased, and Ethereum’s significantly increased. Bitcoin’s Hashrate increased by 6.48% and Ethereum’s increased by 4.41%. The average transaction fee on the Bitcoin and Ethereum network this week were $1.035 and $0.346, decreasing 2.36% and increasing 44.16% respectively. Total number of addresses and addresses on the Bitcoin and Ethereum network reached 25.52 million, and 39.89 million, respectively.
The most active group on Github was ZRX, The team had 110 commits in the past week. Cosplay Token was the most popular group on Telegram. In terms of community activity, Bitcoin, Ethereum, and Ripple remains as the top 3 most popular communities on Facebook and Twitter. Besides being the most popular telegram group in the past 24 hours, Cosplay Token is also the largest community on telegram. According to <Huobi Data Analytics Weekly>, Bitcoin, Bot (Robot) and Binance are the hottest topics. Among the top three search engines, searches for Bitcoin increased, while searches for EOS decreased.
Australia had the most ICOs this week, with platform projects being the most popular ICO project category. Judging from the project types of the 45 ICO projects that were categorized, there are 6 Blockchain platform projects, 3 Cryptocurrency exchange projects, 3 gaming projects, 2 Cryptocurrency projects, 2 social networking projects, and 2 retail projects. 10 investment activities took place in Blockchain industry this week. Car Sharing Chain received an investment of more than 10 million USD from Grand Shores Capital, the most raised this week.
For a more complete read, do click this link to find out more on Huobi Research Weekly Vol. 16 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!