Summer has officially come to an end and Week 36 is already in full swing. This means that it is time for our already established weekly article on Top 3 coins to watch. Get ready because we think that an interesting week is ahead of us.
On Thursday, August 27, 2020, the World Stablecoin Association (WSA) is hosting the first ever World Stablecoin Summit, bringing together some of the brightest minds within the stablecoin community. This free-to-attend event will be streamed via Zoom, Youtube, and within the Crypto Convention Center in Decentraland, providing an interactive virtual experience during these unprecedented times. The Summit will feature the likes of TrustToken, BRZ, DigitalBits, QCAD, CBRL, Blockgeeks, Consensus Lab, with founding members VirgoX and GDA Capital leading the charge.
Pharmaceutical companies are generally out of reach for individual investors. They require amounts of capital and time that are only available to industry insiders and established firms. However, new initiatives are widening access to the industry. A pioneering partnership between fintech firm Alpha Capital and a contract pharmaceuticals manufacturer offers a novel digital investment opportunity through tokenized ownership of a pharmaceuticals production facility.
Key Highlights Bitcoin dropped by 5.57% this week as the coin reached $11,500. Ethereum saw a 8.8% price decline this week as it reached $390 today. XRP dropped by 9% over the past week as it reached the $0.28 level. BITCOIN PRICE ANALYSIS What has been going on? Taking a look at the daily chart…
Cryptocurrencies have been a trend lately. As the world progresses, cryptocurrency has emerged to be a functional form of transaction and investment that may be relied on for the years to come.
Looking away from the price performance of various cryptocurrencies we can say that Week 34 could hardly end on a better note, as the International Monetary Fund (IMF) tweeted an explanatory video on cryptocurrencies and called the distributed ledger technology (DLT) a “potential next step in the evolution of money”. Nevertheless, Week 35 is already in full swing and this means that we have prepared another selection of top three coins to watch. Here is this week’s list.
The IOTA network has been upgraded to Chrysalis Phase 1, allowing it to handle about one thousand transactions per second. This is a considerable improvement over the 20 transactions per second previously that were previously processed by the network.
It’s no secret that cryptocurrencies have a turbulent reputation. Ever since the launch of Bitcoin (the first cryptocurrency) in 2009, digital assets have been condemned by banks, global governments, and even the US State Treasury. But the establishment of stablecoins such as Tether promised to bridge the divide between crypto and fiat currencies – creating a virtual asset that was backed by strong economies.
It’s already Week 34 of 2020 and we are back with another selection of top 3 cryptocurrency projects that have the greatest potential for major product improvements and/or price movements. This week, the world’s first crypto tops our list again.