Triaconta Weekly #178

The following topics will be addressed in this weekly.

  • Bundle performance
  • Market overview

Bundle performance

Bitcoin has been moving sideways for the past week and is at a +1.03% compared to the 7 days ago. The alt-coins Tezos (XTZ) at +31.84%, Avalance (AVAX) at +24.57% and Solana (SOL) at +13.77% have had a much better week.

Big 3: 1 Maand: +40.01% | 7D: -3.95% | 24H: -0.22%

Top 30: 1 Maand: +65.08% | 7D: -3.65% | 24H: +0.09%

Penny stock: 1 Maand: +66.56% | 7D : -0.20% | 24H: -2.99%

DeFi: 1 Maand: +78.97% | 7D: -3.47% | 24H: +0.62%

Market overview

Cuba to recognize and regulate cryptocurrency

The Cuban government is reportedly planning to recognize and regulate cryptocurrencies for payments. According to Aljazeera, the Caribbean country’s central bank will establish rules for mainstreaming cryptocurrency transactions. Cuban authorities are also expected to provide relevant licenses to companies based on the crypto-related services they provide.

Cardano Alonzo hard fork: what you need to know

Cardano’s Alonzo update brings the network much closer to its full capabilities.

The Alonzo hardfork is a major upgrade to the Cardano network that provides the long-awaited implementation of smart contract functionality. Smart contracts are pieces of computer code that run automatically when certain predefined conditions are met. After the Alonzo update, anyone will be able to create and deploy their own smart contracts on the Cardano blockchain, paving the way for native decentralized applications (dapps). The system update is expected to be fully rolled out sometime in the third quarter.