Bitsnapp weekly #9

Bitsnapp
Bitsnapp
Published in
3 min readDec 16, 2018

Winners and Losers (TOP 50)

Winners
Losers

Recap

The widely followed 14-week relative strength index (RSI) is currently at a level last seen in January 2015, indicating oversold conditions on Bitcoin for the first time in almost four years.

In the past seven days, the valuation of the crypto market has dropped from $117 billion to $102 billion, by just over $15 billion. At the time of writing, the total market cap is barely over $100 billion.

Hundreds of government buildings, schools and businesses in the United States and Canada were on Thursday targets of extortionists who threatened to detonate explosives unless they were paid thousands of dollars in bitcoin.

LinkedIn just published a report that indicates the role of blockchain developer as the fastest growing job in the United States, with an increase of 33% in the last year.

UNICEF will invest in six blockchain projects in emerging markets through its Innovation Fund providing each with $100,000 to develop an open source prototype over the next year.

News

Bitcoin Oversold on Weekly Price Chart for First Time in Four Years

Crypto Market Risks Dip Below $100 Billion After Dropping $15 Billion in Bad Week

Bitcoin Bomb Threats Target Educational Institutions, Businesses and Govt. Buildings in US, Canada

Blockchain Developer Role is LinkedIn’s Fastest Growing U.S Job

UNICEF Invests In Six Emerging Market Blockchain Startups

Cardano Awakens: Heavy-Hitting Updates and Foundation Restructuring

Report: Venezuela Is Forcibly Converting Pension Balances to the Petro

U.K. Fintech Revolut Gets European Banking License

https://www.bloomberg.com/news/articles/2018-12-13/u-k-fintech-revolut-gets-european-banking-license-via-lithuania

State of Blockchains Q3 2018

Podcast of the week

Noded 0.35.0 with Saifedean Ammous

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Bitsnapp
Bitsnapp

Android crypto portfolio tracker, API sync for exchanges and mining pools, address tracking for many coins, charts, news and much more! https://bitsn.app