With an almost $30 billion boost in market capitalization for the week, cryptocurrency markets posted their first significant weekly gains since at least the start of June. Among the biggest projects, the best performers of the week included NEO, Ethereum Classic and Bitcoin Diamond. Bitcoin itself also experienced a healthy $500 gain, rising on Monday from $6300 to end the week at $6800.
Decentralized Crypto Exchanges
“I definitely hope centralized exchanges go burn in hell as much as possible,” was the opinion of none other than Vitalik Buterin, who was speaking last week at Techcrunch’s “TC Sessions: Blockchain 2018’ event. The Ethereum founder believes such exchanges have “king-making” power and are only popular to their ability to exchange fiat for crypto. As such, Buterin expects on July 9, 2018.
DDI Blockchain Weekly (July 2nd — July 8th) was originally published in Data Driven Investor on Medium, where people are continuing the conversation by highlighting and responding to this story.