The past seven days saw some action on the cryptocurrency market to the upside, and bulls were able to reclaim some $30 billion from the total capitalization.
Starting with Bitcoin, the cryptocurrency is struggling to maintain the $30K level and is currently trading slightly below it.
It’s very interesting to see whether the cryptocurrency will finally be able to close a green candle, following a devastating streak of closing nine consecutive weeks at a loss.
Cardano, for example, is the clear outlier over the past week with an increase of around 13% in its price.
Dawn Fitzpatrick – the CEO and CIO at Soros Fund Management – reiterated her pro-crypto position, once again predicting that the industry is here to stay.
A few days back, the country’s Finance Minister said that it wasn’t yet time to issue the Volacona Bonds because of the “troubled” price.
The team revealed that the problem was a “bug in the durable nonce transactions feature,” and validators prepared for a restart.
Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping.