Perhaps the biggest news of the third week of March is that Square
Here is the rest of the week in review:
Kakao fintech affiliate Dunamu launched its own blockchain service platform. Backed by a $1.7 million Series A funding round led by South Korea's largest Internet firm Kakao, Dunamu debuted a platform called Luniverse designed to help tech startups build blockchain services. Kakao also announced it will integrate its cryptocurrency wallet into the KakaoTalk messaging app, allowing 44 million South Korean users to transfer coins in peer-to-peer transactions. Kakao also said it plans to raise another $90 million through an initial coin offering (ICO) this year, with a goal of $300 million total to help create its own cryptocurrency.
United Parcel Service
Crypto prices rose slightly this week to $140 billion. For the majors, Bitcoin clung above $4,000, and Cardano (ADA) and Bitcoin Cash (BCH) led the gains while EOS (EOS) slipped. In the top 100, the biggest losers are ABBC Coin (ABBC), down 44%, Neblio (NEBL), down 12%, and Hycon (HYC), down 10%. The biggest gainers are Ravencoin (RVN), up a whopping 109%, Asch (XAS), up 92%, and MetaHash (MHC), up 38%. Next week's events include blockchain summits in Frankfurt, Zug, Seattle, and Dubai. Traders will watch if Bitcoin and crypto can hold $4,000 and $140 billion and turn resistance into support.
The author owns a small amount of BTC.