Bitcoin made a comeback this week, challenging the bearish positions of the past two weeks. A few other digital assets saw some gains in price or held their positions. Tezos had a beast of a week with a 42% gain. However, the slight majority of cryptocurrency assets continued their slow downward trends.
The Winners:
- Bitcoin 7.64%
- Litecoin 4.43
- NEO 7%
- Ethereum 1.45%
- Bitcoin Cash 4.76%
- Monero 6.44%
- Tezos 42.05%
- Energi 29.15%
The Losers:
- XRP 1.35%
- Tron 4.61%
- EOS 6%
- Cardano 5.37%
Study Finds Over 83% of Reddit’s Bitcoin Discussions are “Positive”: Tech researchers at Comparitech analyzed over 48,000 Reddit posts and 7,500 articles from various outlets to find which cryptocurrencies are viewed with the most favorable terms. The study concluded that 85.5% of cryptocurrency-related topics were positive. However, the majority of media outlets were spitting out FUD including HuffPost, Business Insider, and the International Business Times. Cardano, Ether, Litecoin, and Tron also had 85% to 90% favorable sentiments.
SEC Planning to Outsource Cryptocurrency Nodes: A recent government document spotted by Trustnodes found that the U.S. Securities and Exchange Commission is planning to hire contractors to run nodes for Bitcoin (BTC), Ripple (XRP), and Ethereum (ETH) to monitor compliance risks.
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