Well, it was looking like a great week until the New York State Attorney General (NYSAG) filed a lawsuit against Bitfinex. BUT, that doesn’t matter much as the cryptocurrency industry seems to be increasing week after week without a feeling of inevitable bloodshed that laced the bear market of 2018.
Bitcoin grew to about $5,637, later falling to $5,277 after the news of New York State Attorney General (NYSAG) filing a lawsuit against Bitfinex. However, Bitcoin only lost about .2% for the week.
The rest of the cryptocurrency market experienced a bit more drastic of a bloodletting: Ethereum (10.26%), XRP (11.44%), Bitcoin Cash (12.15%)
A few gems in the Top 100 rubble included CasinoCoin (56%) and MonaCoin (43%).
Cryptocurrency News of the Week
Just Blockchain It: Nike Trademarks “Cryptokicks”: Nike made waves in cryptoworld with news of the iconic sports apparel brand trademarking the term “Cryptokicks”. Nike’s move hints at the $110B+ company entering the cryptocurrency and digital collectible niche to further…