{"id":749,"date":"2018-12-14T17:50:48","date_gmt":"2018-12-14T09:50:48","guid":{"rendered":"\/\/www.coincola.com\/blog\/?p=749"},"modified":"2018-12-14T17:50:49","modified_gmt":"2018-12-14T09:50:49","slug":"weekly-updates-vol-5","status":"publish","type":"post","link":"\/blog\/weekly-updates-vol-5\/","title":{"rendered":"Weekly Updates Vol.5 (2018.12.8-2018.12.14)"},"content":{"rendered":"\n

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

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

As of 17:00 GMT on Friday (December 14th), the total market cap of cryptocurrencies reaches 105.079 billion dollars, and transaction volume of cryptocurrencies reaches 11.895 billion dollars. Compared with last Friday (with a total market cap of $107.001 billion and 24h trading volume of $17.758billion) the total market cap down about 1.8% and transaction volume down about33%.<\/p>\n\n\n\n

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

Price of Cryptocurrencies<\/strong><\/p>\n\n\n\n
\n \u3000<\/strong><\/strong>\n <\/td>\n Present price<\/strong>\uff08<\/strong>17:00<\/strong>\uff09<\/strong><\/strong>\n <\/td>\n Compared last Friday<\/strong>\n <\/td><\/tr>
\n BTC <\/strong>\n <\/td>\n $3316.39\n <\/td>\n -2.3%\n <\/td><\/tr>
\n XRP<\/strong>\n <\/td>\n $0.298\n <\/td>unchanged<\/td><\/tr>
\n ETH<\/strong>\n <\/td>\n $86.43\n <\/td>\n +1.8%\n <\/td><\/tr>
\n BCHABC<\/strong>\n <\/td>\n $ 88.32%\n <\/td>\n -11.8%<\/strong>\n <\/td><\/tr>
\n BCHSV<\/strong>\n <\/td>\n $78.06\n <\/td>\n -30.4%<\/strong>\n <\/td><\/tr>
\n LTC<\/strong>\n <\/td>\n $23.52\n <\/td>\n -7.8%\n <\/td><\/tr><\/tbody><\/table>\n\n\n\n

Weekly Industry Review<\/strong><\/a> <\/strong><\/h3>\n\n\n\n

Ethereum Devs Propose Activation Point for Next Hard Fork<\/strong><\/p>\n\n\n\n

Speaking at a bi-weekly core developer meeting last Friday\uff08Dec.7\uff09, the developers assembled agreed on block 7,080,000 on the Ethereum blockchain as an activation point at which users would be able to elect to upgrade to the new code.<\/p>\n\n\n\n

According to estimates by the release manager for the Parity Ethereum client, Afri Schoedon, this means Constantinople is expected to go live between January 14 and 18.<\/p>\n\n\n\n

Donate Cryptocurrencies to Venezuelans People in Need<\/strong><\/p>\n\n\n\n

Launched by Airtm, a digital wallet connected to banks and blockchains, the fundraiser plans to send $1 million in digital currency to 100,000 ID-authenticated Venezuelans. Donations can be made in bitcoin, bitcoin cash, zcash, dash, ethereum, litecoin, ripple, and others.They can be quickly used or converted to dollars by Venezuelans.<\/p>\n\n\n\n

Tether dominance drops to new 3-year low as other\nstablecoins gain traction<\/strong><\/p>\n\n\n\n

According to the date of Dair\uff0cTether dominance, or Tether’s percentage of total stablecoin supply in circulation, dropped to a 3-year low this week as it fell to less than 73%. Just three months ago, Tether’s dominance was still hovering around 96%.<\/p>\n\n\n\n

Users of Crypto Double Amidst Market Downturn<\/strong><\/p>\n\n\n\n

Dec.13, The number of verified users of cryptocurrencies almost doubled in the first three quarters of the year even as the market bellwether Bitcoin tumbled almost 80 percent, according to a study from the Cambridge Centre for Alternative Finance. Users climbed from 18million to 35 million this year.<\/p>\n\n\n\n

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

Chile\u2019s\n Cryptocurrency Regulation is Progressing<\/strong><\/p>\n\n\n\n

Dec.9, according to Bitcoin exchange guide, Filipe Larra in, Chile\u2019s Minister of Finance, recently stated that several governmental entities are \u201cmaking progress\u201d on creating crypto regulation. He added that the finance ministry is collaborating with the country\u2019s central bank and Financial Stability Board to develop a balanced framework in the industry.<\/p>\n\n\n\n

Indian Government Panel Submits Crypto Recommendations<\/strong><\/p>\n\n\n\n

Dec.9, according to news.bitcoin\uff0cThe Indian government panel appointed to recommend cryptocurrency measures has reportedly submitted its report to the country\u2019s finance minister, suggesting a new legal framework for cryptocurrencies. The actual content of the report has yet to be announced publicly. Industry participants weigh in on speculation about the report\u2019s content.<\/p>\n\n\n\n

Bahrain\nissues draft rules to regulate cryptocurrencies<\/strong><\/p>\n\n\n\n

Dec.14\uff0caccording to The National, Bahrain’s central bank has issued draft rules on the trade in cryptocurrencies for consultation, setting up a framework to regulate virtual currencies as GCC countries look to increasingly tap into such assets.<\/p>\n\n\n\n

The draft consultation paper is available for viewing on the\ncentral bank’s website. The CBB is open to feedback on the draft rules until\nyear-end.<\/p>\n\n\n\n

Promotions of CoinCola<\/strong><\/p>\n\n\n\n

1.               CoinCola is Launching Support for\nthe XRP<\/strong><\/p>\n\n\n\n

last Friday, CoinCola was launched support for the XRP. Until31st Dec, Users can get 50% off of the transaction fee, and extra bonus for trading.<\/p>\n\n\n\n

2.              Countdown to Christmas: Win\n0.00025 BTC Everyday!<\/strong><\/p>\n\n\n\n

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 Market Status quo As of 17:00 GMT …<\/p>\n","protected":false},"author":12,"featured_media":751,"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":[],"yoast_head":"\nWeekly Updates Vol.5 (2018.12.8-2018.12.14) - 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-5\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekly Updates Vol.5 (2018.12.8-2018.12.14) - CoinCola Blog\" \/>\n<meta property=\"og:description\" content=\"Weekly Market Review Market Status quo As of 17:00 GMT ...\" \/>\n<meta property=\"og:url\" content=\"\/blog\/weekly-updates-vol-5\/\" \/>\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=\"2018-12-14T09:50:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-12-14T09:50:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coincola.com\/blog\/wp-content\/uploads\/2018\/12\/Group-4-1.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=\"3\u5206\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"\/blog\/weekly-updates-vol-5\/\",\"url\":\"https:\/\/www.coincola.com\/blog\/weekly-updates-vol-5\/\",\"name\":\"Weekly Updates Vol.5 (2018.12.8-2018.12.14) - CoinCola Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/#website\"},\"datePublished\":\"2018-12-14T09:50:48+00:00\",\"dateModified\":\"2018-12-14T09:50:49+00:00\",\"author\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/#\/schema\/person\/6dcc2d959cf696f451f1ca8dfa54494b\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.coincola.com\/blog\/weekly-updates-vol-5\/#breadcrumb\"},\"inLanguage\":\"zh-CN\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.coincola.com\/blog\/weekly-updates-vol-5\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.coincola.com\/blog\/weekly-updates-vol-5\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.coincola.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Weekly Updates Vol.5 (2018.12.8-2018.12.14)\"}]},{\"@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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