Another week in the green for the cryptocurrency market. Dare we say, “The bear market is over?” With a couple of dips along the way, the total market cap grew from $133.8B to $137.4B this week – almost three percent growth. A few altcoins had impressive weeks as well. Stellar (22.09%), Cardano (17.59%), and Dash (10.12%) all saw double-digit increases. Most notable, however, was Crypto.com Chain’s (previously Monaco) got a 471.28% rise.
A relatively boring week for our top three:
Bitcoin saw a 0.72% increase in value.
Ethereum played dead, moving just 0.04% upwards.
XRP crawled up 0.68%.
The Taller the Pyramid, the Further the Fall: OneCoin leader Konstantin Ignatov was arrested at the Los Angelos International Airport last Friday and promptly charged with numerous accounts of fraud. Ignatov and his sister ran a cryptocurrency pyramid scheme in which they stole billions of dollars from investors.
Starting the Bulgarian company in 2014, the two rewarded users…