{"id":722,"date":"2018-12-10T10:40:48","date_gmt":"2018-12-10T02:40:48","guid":{"rendered":"\/\/www.coincola.com\/blog\/?p=722"},"modified":"2018-12-10T10:42:57","modified_gmt":"2018-12-10T02:42:57","slug":"weekly-updates-vol-4","status":"publish","type":"post","link":"\/blog\/weekly-updates-vol-4\/","title":{"rendered":"Weekly Updates Vol.4 (2018.12.1-2018.12.7)"},"content":{"rendered":"\n

Weekly Market Review<\/strong><\/h3>\n\n\n\n

A\/ Market Status quo<\/strong><\/p>\n\n\n\n

As of 17:00 GMT on Friday (December 7th),the total market cap of cryptocurrencies reaches 170.001 billion dollars, and transaction volume of cryptocurrencies reaches 17.758 billion dollars. Compared with the end of Nov(with a total market cap of $130.541billion and 24h trading volume of $16.843 billion) the total market cap down about 18% and transaction volume rose about 5.4%.<\/p>\n\n\n\n

The price of mainstream cryptocurrencies is fluctuant, which is shown in the following table.<\/p>\n\n\n\n

\"\"
The Price of Cryptocurrencies<\/strong><\/figcaption><\/figure><\/div>\n\n\n\n

B\/ Market Analysis<\/strong><\/p>\n\n\n\n

Only nine cryptocurrencies secure a market cap over $1 billion<\/strong><\/p>\n\n\n\n

According to Coinmarketcap, with the cryptocurrency market slump, there are only nine cryptocurrencies have a market value of more than $1 billion. In addition, bitcoin has the highest market value of $59 billion.<\/p>\n\n\n\n

Weekly Industry News <\/strong><\/h3>\n\n\n\n

A\/ President Maduro Orders a Triple Increase of Oil Price In Venezuela<\/strong><\/p>\n\n\n\n

According to\nBitcoin, Venezuela\u2019s President Nicolas Maduro has announced that the price of\nthe petrol, his country\u2019s national \u201ccryptocurrency,\u201d has been increased from\n3,600 sovereign bolivars to 9,000.<\/p>\n\n\n\n

B\/ Bitcoin Trading Volume Exceeds $2 Trillion in 2018<\/strong><\/p>\n\n\n\n

According to Bitcoinist,\nthe total Bitcoin trading volume for the year has already crossed $2 trillion.\nThe figures posted so far represent a 61 percent increase\nfrom last years total volume of $870 billion.\nEarlier in the year, Bitcoinist reported that digital\ncurrency trading might grow by 50 percent in 2019 based on a study by Satis\nGroup.<\/p>\n\n\n\n

C\/ Nasdaq Will Launch BTC Futures in First Half of 2019<\/strong><\/p>\n\n\n\n

According to ambcrypto,\nEarlier this week, rumors emerged that Nasdaq, a securities exchange considered\nonly second to the New York Stock Exchange [NYSE] will launch futures contracts\nfor Bitcoin [BTC]. This has now been confirmed by the Vice President of\nNasdaq\u2019s media team, who has stated that the contracts will be listed and launched\nin the first half of next year.<\/p>\n\n\n\n

Policy Tracking<\/strong><\/h3>\n\n\n\n

A\/ G20 Summit: We will Regulate Cryptocurrencies<\/strong><\/p>\n\n\n\n

According to Bitcoinist,\nG20 countries have agreed to regulate cryptocurrencies in\nline with Financial Action Task Force (FATF) standards at the second session of\nthe summit held in Buenos Aires, Argentina. In addition, it point out that a\nconsensus-based solution update in 2019 and a final report in 2020.<\/p>\n\n\n\n

B\/ SECAgain Delays Decision on VanEck-SolidX Bitcoin ETF<\/strong><\/p>\n\n\n\n

According to Coindesk, The U.S.Securities and Exchange Commission (SEC) extended a rule change proposal allowing the nation\u2019s first bitcoin exchange-traded fund (ETF), pushing the decision deadline to next year.<\/p>\n\n\n\n

The securities regulator said it was extending the review period for the ETF to Feb. 27, 2019. The proposal was first submitted by money manager Van Eck and blockchain startup SolidX.<\/p>\n\n\n\n

Promotions<\/strong><\/h3>\n\n\n\n

A\/ As of 9:00 AM on Friday, CoinCola is launching support for the XRP. From now on to 31st<\/sup> Dec, Users can get 50% off of the transaction fee, and extra bonus for trading.<\/p>\n\n\n\n

B\/ CoinCola is starting the official countdown to Christmas with daily BTC giveaway and a week of LIVE contest to win the grand prize! It\u2019s our 13 days of MEGA giveaway \u2013 everybody wins!<\/p>\n","protected":false},"excerpt":{"rendered":"

Weekly Market Review A\/ Market Status quo As of 17:00 G…<\/p>\n","protected":false},"author":12,"featured_media":725,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false},"categories":[79],"tags":[80],"yoast_head":"\nWeekly Updates Vol.4 (2018.12.1-2018.12.7) - CoinCola Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.coincola.com\/blog\/weekly-updates-vol-4\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekly Updates Vol.4 (2018.12.1-2018.12.7) - CoinCola Blog\" \/>\n<meta property=\"og:description\" content=\"Weekly Market Review A\/ Market Status quo As of 17:00 G...\" \/>\n<meta property=\"og:url\" content=\"\/blog\/weekly-updates-vol-4\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinCola Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CoinColaGlobal\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-10T02:40:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-12-10T02:42:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2018\/12\/Group-4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1152\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"January\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CoinCola_Global\" \/>\n<meta name=\"twitter:site\" content=\"@CoinCola_Global\" \/>\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005\" \/>\n\t<meta name=\"twitter:data1\" content=\"January\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4\" \/>\n\t<meta name=\"twitter:data2\" content=\"2\u5206\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"\/blog\/weekly-updates-vol-4\/\",\"url\":\"https:\/\/www.coincola.com\/blog\/weekly-updates-vol-4\/\",\"name\":\"Weekly Updates Vol.4 (2018.12.1-2018.12.7) - CoinCola Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/#website\"},\"datePublished\":\"2018-12-10T02:40:48+00:00\",\"dateModified\":\"2018-12-10T02:42:57+00:00\",\"author\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/#\/schema\/person\/6dcc2d959cf696f451f1ca8dfa54494b\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/weekly-updates-vol-4\/#breadcrumb\"},\"inLanguage\":\"zh-CN\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.coincola.com\/blog\/weekly-updates-vol-4\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.coincola.com\/blog\/weekly-updates-vol-4\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.coincola.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Weekly Updates Vol.4 (2018.12.1-2018.12.7)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.coincola.com\/blog\/#website\",\"url\":\"https:\/\/www.coincola.com\/blog\/\",\"name\":\"CoinCola Blog\",\"description\":\"Buy and Sell Bitcoin\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.coincola.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"zh-CN\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.coincola.com\/blog\/#\/schema\/person\/6dcc2d959cf696f451f1ca8dfa54494b\",\"name\":\"January\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-CN\",\"@id\":\"https:\/\/www.coincola.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/37f0f8d44bd541ca0a57797bea700179?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/37f0f8d44bd541ca0a57797bea700179?s=96&d=mm&r=g\",\"caption\":\"January\"},\"description\":\"Yo, I'm all about that sweet spot where finance and tech collide. 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