Weekly Blockchain Industry Report-67th Issue

(2019.7.21~7.28)

Summary:

• The global digital asset market has decreased by 3.68% in market value and decreased by 29.10% in trading volume.
• There were 27 newly listed trading pairs according to the latest announcements from more than 30 exchanges.
• There have been 2 closed public-offering projects in the past week, with the soft cap totaling nearly 2 million
• There were 6 VC backed projects this week.
• Ren Zhengfei: China can issue its own Libra.

Market Overview:

• This week, the daily average global cryptocurrency’s market capitalization was $270.97 billion, representing a 3.68% decrease from last week，The daily average transaction volume was $52.2 billion, representing a 29.10% decrease.

• The average daily transaction volume of TOP5 cryptocurrencies（BTC、ETH、XRP、LTC and BCH）decreased by 28.01% and the average market cap of Top5 increased by 4.61%. LTC decreased most with a rate of 14.86%.

Analysis of Top200 Market Cap Projects

• The market capitalization of the top 200 projects this week decreased by 7.49%. All the sectors showed an downward trend, among which the payment sector decreased most with a rate of 8.20%.

• Through further classification of the vertical chain and protocol and the industrial application sectors, most of them showed an downward trend this week, among which the Data Service sector increased most by 40.92%.

• From the perspective of individual currency gains, UIP rose by a maximum of 200.30% from last week’s TOP200 assets.

• According to latest announcements from more than 30 exchanges including OKEx, Binance, Huobi, Bitfinex, Bithumb, ZB.com, Upbit, HitBTC, Bittrex, Poloniex, there were 27 newly listed trading pairs.

Analysis of Primary Market Investment

• There have been 2 closed public-offering projects in the past week, with the soft cap totaling nearly $5 million.
• Among them, BCNEX belongs to the platform currency field, and the soft top reaches 2 million US dollars; SWACE belongs to the social field, and the soft top is 3 million US dollars.
• There were 6 VC backed projects raised over $10 million this week.

Important Global Policy of the Week

Keeping Up with the Blockchain Giants

Industry Leader Insight