Wow! What a busy week we had. This time I will not go into individual crypto currencies but will rather post a summary of what happened. Due to the annual Chinese New Year, all cryptos went down during the week. We are still experiencing effect of this and it will probably last a few more weeks before we start seeing growth across the board again.
Furthermore BitConnect closed down their lending platform, which lead to a massive drop in the BitConnect token and a lot of people are feeling quite upset about this as you might imagine. We are still waiting to see what is going to happen with the refunds. I personally managed to get lucky as I was about to invest in the platform.
Despite all of the bad news, we had a highly successful ICO by Envion which managed to break $100 000 000 and rank #6 ICO of all times at the time of writing this post.
Let’s see what the future holds for us!