Weekly Blockchain Industry Report-62nd Issue

Darren
OK Research
Published in
3 min readJul 15, 2019

(2019.6.17–2019.6.23)

Summary:

  • The global digital asset market has increased by 13.14% in market value and decreased by 0.15% in trading volume.
  • There were 0 newly listed trading pairs according to the latest announcements from more than 30 exchanges.
  • There have been 11 closed public-offering projects in the past week, with the soft cap totaling nearly $230 million
  • There were 6 VC backed projects this week.
  • OKEx Senior Analyst: Bitcoin resistance is likely to be in the $10,000–11,700 range.

Market Overview:

  • This week, the daily average global cryptocurrency’s market capitalization was $299.94 billion, representing a 13.14% increase from last week,The daily average transaction volume was $65.40 billion, representing a 0.15% decrease.
  • The average daily transaction volume of TOP5 cryptocurrencies(BTC、ETH、XRP、LTC and BCH)increased by 14.71% and the average market cap of Top5 decreased by 1.20%. All of the Top 5 cryptocurrencies showed upward trend in the past week and BCH increased most with a rate of 28.81%.
  • BTC reached $10,000 at the end of the week.

Analysis of Top200 Market Cap Projects:

  • The market capitalization of the top 200 projects this week increased by 15.75%. All the sectors showed an upward trend, among which the payment sector increased most with a rate of 16.80%.
  • Through further classification of the vertical chain and protocol and the industrial application sectors, most of them showed an upward trend this week, among which the AI sector increased most by 22.11%.
  • From the perspective of individual currency gains, SINOC rose by a maximum of 266.71% from last week’s TOP200 assets. SINOC is a public blockchain system for the storage and gaming industry for distributed storage and private cloud storage technologies.

Analysis of Primary Market Investment:

  • There have been 11 closed public-offering projects in the past week, with the soft cap totaling nearly $230 million. The Business Service projects have the largest total softcap, reaching $ 200 million.
  • There were 6 VC backed projects raised over $80 million this week.

Important Global Policy of the Week:

Keeping Up with the Blockchain Giants:

Industry Leader Insight:

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