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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 generally increased this week, with the price of 85 of the top 100 cryptocurrencies increased to varying degrees. On September 23rd, the total market cap of the top 100 cryptocurrencies reached 218.20 billion dollars, a 12.13% increase from last week. 4 Cryptocurrency projects entered the top 100 this week. On September 23rd, Bitcoin’s price was at $6723.35, up 3.44% from last week, and Ethereum price was at $241.42, up 10.86%.
Both average number of transactions per block and average block size increased on Bitcoin; average number of transactions decreased while average block size increased on Ethereum. Average number of unconfirmed transaction in Ethereum and Bitcoin decreased by 27.9% and increased by 1.6%, respectively. Bitcoin’s transaction fees and Ethereum's transaction fees both increased. The 7-day average of unconfirmed transactions for Bitcoin and Ethereum are 2951 and 62851, respectively. Bitcoin’s Hashrate decreased by 0.33% and Ethereum’s increased by 1.52%. The average transaction fees on the Bitcoin and Ethereum network this week were $0.485 and $0.192, increasing 2.5% and 9.1% respectively. Total number of addresses on the Bitcoin and Ethereum network reached 28.70 million and 45.62 million, respectively.
INS was the most active project on GitHub this week, with 324 commits submitted in the past week. Swachhcoin was the most popular group on Telegram. In terms of community activity, Bitcoin, Ethereum, and Ripple remained as the most popular communities on Facebook and Twitter. Swachhcoin attracted the most fans on Telegram in the last 24 hours. According to <Huobi Blockchain Big Data Weekly Insights>, total number of transactions on EOS (including smart contract calls) decreased drastically by 80% to 5.28 million, decreasing for five consecutive weeks. 3 investment activities took place in the Blockchain industry this week, in which all were strategic investments and without specific amount of investment.
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