Last week was not that exciting but at least it was the post-market panic week and not much casualties were recorded. To be apt it was an up and down week with some slight gains here and there.
However, Stratis and Waves made some commendable incursions on the top 10, that enlarged the frontiers of the industry. These two newcomers at the elite zone made quite some valuable gains.
In a twist, Russia announced within the week it is set to develop a national Cryptocurrency to be known as Russian Bitcoin. It is reported that the virtual currency will be freely available for sale and purchase in Russia.
In another sign of gradual state acceptance of Cryptocurrency and Blockchain Technology, Russian President Vladimir Putin on Friday gave audience to Ethereum Inventor Buterin Vitalik. The meeting took place at the just ended St Petersburg’s International Economic Forum.
Bitcoin Core developer Eric Lombrozo was widely reported on Thursday for offering support for BIP 148. He is quoted as saying that Segwit and larger blocks don’t truly conflict as scaling solutions.
Moreover, the week also observed Bitcoin crossing the $2500 line. Primarily, this was the first after the last market upheavals that dropped the price to the $2000-2100 range.
Read the full article: https://www.cryptocoinsnews.com/weekly-roundup-this-week-has-begun-on-good-footing/
Topic: [2017-06-05] Weekly Roundup; Cryptos Begin on Good Footing This Week (Read 3638 times)
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