What happened in the world of crypto this week?
The Weekly Crypto Recap
Bitcoin & Ethereum
Bitcoin crashes to $2150
The price of bitcoin topped $3,000 for the first time, then crashed going as low as $2150.
Most cryptocurrencies followed suit, reducing the global cryptocurrency market cap to below the $100 billion mark.
Since then, Bitcoin has recovered.
Ether reaches all-time high
Ether continues to surge at unprecedented rates, breaking previous records and setting new all-time highs constantly.
The continues upsurge is likely connected to the EEA organization, to the upcoming protocol changes (PoS, ZK-Snarks), and possibly do to the recent news about Vitalik Buterin meeting the President of Russia, Vladimir Putin.
The growing amount of ICOs and dApps being launched on Ethereum may also be a driving factor in the ETH rally.
News of the week
In the near future the Russian Finance Ministry will finalize proposals for cryptocurrency regulation
coindesk.com
The U.S. Department of State has launched Blockchain@State, a working group created to “research applications of Blockchain or distributed ledger technologies in U.S. foreign policy”
cryptocoinsnews.com
BTC.com has announced a new feature addition to its Bitcoin wallet - its users can now purchase Bitcoin from within the application
newsbtc.com
Bancor completes largest-ever initial coin offering (ICO), raising approximately $153m in Ether as part of a token crowdsale
coindesk.com
Prominent cryptocurrency exchange Coinbase suffers major outage and went down for maintenance
cryptocoinsnews.com
Ethereum became the most searched for digital currency in the United States, rising above bitcoin for the first time ever
trustnodes.com
IOTA token has record breaking launch on Bitfinex, hits $1.5 billion market cap
cryptocoinsnews.com
Six individuals are wanted in connection with an investigation into OneCoin
coindesk.com
Australia's opposition leader calls for Bitcoin scrutiny to mitigate the chance it could be used illicitly by terrorists and cybercriminals
coindesk.com
The state of Illinois eases burden for cryptocurrency startups with new guidance
coindesk.com
Dennis Rodman made another trip to North Korea wearing a Potcoin.com shirt and Potcoin saw a doubling in price in 24 hours of trading
cryptocoinsnews.com
The South Korean government is planning to auction 216 bitcoins, worth around $518,000, seized during a series of previous investigations into illicit financial activities
cryptocoinsnews.com
Government supports the launch of new Chicago Blockchain Center (CBC)
cointelegraph.com
Biggest Gainers this week (# 1 - 50 Market Cap)
| # | Name | Symbol | Market Cap | Price | % 7d |
|---|---|---|---|---|---|
| 1 |  AntShares | ANS | $195,789,500 | $3.92 | 138.42% |
| 2 |  BitcoinDark | BTCD | $130,849,156 | $101.52 | 50.19% |
| 3 |  Litecoin | LTC | $2,338,249,310 | $45.31 | 40.82% |
| 4 |  Komodo | KMD | $226,315,796 | $2.24 | 38.99% |
| 5 |  Iconomi | ICN | $197,162,010 | $2.27 | 19.19% |
Biggest Losers this week (# 1 - 50 Market Cap)
| # | Name | Symbol | Market Cap | Price | % 7d |
|---|---|---|---|---|---|
| 1 |  MobileGo | MGO | $98,605,500 | $1.41 | -51.80% |
| 2 |  Round | ROUND | $86,892,100 | $0.102226 | -28.12% |
| 3 |  Aragon | ANT | $98,371,061 | $2.93 | -27.87% |
| 4 |  Decred | DCR | $168,911,705 | $32.87 | -21.08% |
| 5 |  Ark | ARK | $72,402,833 | $0.756863 | -20.44% |
Sources:
https://coinmarketcap.com
https://www.cryptocompare.com
http://www.coindesk.com
https://www.cryptocoinsnews.com
http://www.newsbtc.com
http://www.trustnodes.com
https://cointelegraph.com
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