CryptoWeekly | Hit the New Record of 2020

Editor: Oteme Eghele

Hi guys and welcome to another beautiful week and also, another section with Crypto Weekly, a weekly writeup about the market structure and how it fair the past week with regards to BTC, ETH, and EOS.

BTC

Welcome to another beautiful week and as usual, Bitcoin is still alive and moving against all odds.

For those not familiar with the concept of Bitcoin, it is a decentralized digital asset built on the blockchain that allows holders to transact 24/7 without the need for 3rd party confirmations.

Over the past few weeks, we have seen this digital asset soar higher as it keeps defying all odds moving from its past price and only looking forward, from a price of $11k to a new monthly high of $12k with different views saying the best is yet to come.

While mass adoption of this decentralized asset continues worldwide it is fun to note than the circulating supply of bitcoin is already above 80% from a total max supply of 21mil, imagine making a rare asset rarer I wonder what the outcome might be then.

That said, users are always advised to do their own research before investing in any digital or offline platform.

ETH

ETH is not far of from BTC as it experienced a new monthly high of $400+ with all signals showing a green month.

Taking the fact that the Ethereum network is currently congested thereby generating transaction fees to a high of $5, one can only wonder the new high that might be generated when Ethereum version 2.0 comes to live.

Trading at a price of $390+ ETH experienced a few dumps here and there over the past week with a low of $368 and a high of $406 with many saying the best is yet to come.

That said, users are always advised to do their own research before investing in any digital or offline platform.

EOS

EOS continues to see good momentum as the daily price continues to soar higher.

Over the week it experienced a slight push and attain a new high of $3.22 after leaving its previous spot of $2.9, all signals are pointing to a green market the coming months combined with the fact that the alt-season is currently creating a green market structure, one can only wish that EOS like many other alt-coin follows this pattern.

That said, voice still continues to push forward with a new social system as we have never experience.

As usual, users are always advised to do their own research before investing in any digital or offline platform.

--

--

--

Crypto&DeFi Wallet on BTC, ETH, BSC, HECO, TRON, Polkadot, Kusama, Klaytn, HSC, EOS, etc. APP download link: https://www.tokenpocket.pro/

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

The Pros and Cons of Using Bitcoins

The Volatility Dilemma: Solutions and Trade-offs

Is it easy for homeowners to DIY for Sale or Rent their properties?

First MASA Community AMA 05.11.2021 (part II)

Bitcoin is at an all-time high. But it’s still an uncertain investment.

A key aspect of bitcoin is mining.

Reasons to Remember $FURY VOL3:  Robust 1-Token Economy

Step-by-Step Guide to Bulk Renewals of .ETH Names

BGV just launched for an hour, and the currency return rate has goes up to 80500%

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
TokenPocket

TokenPocket

Crypto&DeFi Wallet on BTC, ETH, BSC, HECO, TRON, Polkadot, Kusama, Klaytn, HSC, EOS, etc. APP download link: https://www.tokenpocket.pro/

More from Medium

Cylum Finance x Satoshi Club AMA Recap from the 26th of March

Five reasons why it’s good to have a failed raise on Polygen

Planet Alliance $STAR token IDO & Planet NFT airdrop tutorial steps

Froyo Games— Telegram AMA — January 11