Crypto and blockchain weekly rundown

NDAX Inc
3 min readNov 24, 2020

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Weekly Rundown

  • Bitcoin is currently trading at $24,306 up 14.70% in the last week.
  • Ethereum has hit a 2 year high. ETH is trading at $780 CAD — up 267% in the last year. Check ETH’s current price here.
  • XRP price skyrockets 69% in one week — XRP is trading at $0.61 CAD Check XRP’s current price here.
  • Cardano soars up nearly 46% within 7 days — ADA is trading at $0.20 CAD Check ADA’s current price here.
  • According to AssetDash, Bitcoin has surpassed Mastercard’s market cap with a market cap of $341,597,915,897 — Bitcoin is 16th in line with the world’s largest companies.
  • According to data from Bitcointreasuries, companies hold 4.5% of the current supply of Bitcoin. Which is 843,229 BTC, a value of more than $15 billion.
  • Grayscale Investments now holds 509,581 BTC in its Bitcoin Trust, a value of $9,320,236,490. According to Bitcointreasuries
  • The total Crypto market cap has surpassed the $500 Billion mark. Read more.
  • Actress Maisie Williams, best known for her role as Arya Stark in Game of Thrones, sent a tweet last week asking her 2.7 million followers if she should go “long on Bitcoin.” 46.6% — said yes!

Weekly Performance

As of November 23 at 12 AM EST | Weekly change %

Bitcoin 14.70%
$ 24,306 CAD

XRP 69.53%
$ 0.61 CAD

ChainLink 22.03%
$ 19.83 CAD

Cardano 46.10%
$ 0.20 CAD

EOS 15.18%
$ 3.85 CAD

Ethereum 32.66%
$ 780 CAD

Tether 1.52%
$ 1.32 CAD

Litecoin 32.66%
$ 111.13 CAD

Stellar 32.41%
$ 0.14 CAD

Dogecoin 18.80%
$ 0.0044 CAD

Upcoming Calendar

December 1st: The first version of Ethereum 2.0 is set to launch.

Ethereum launched in 2015 with the proof-of-work (PoW) consensus protocol and was dubbed Ethereum 1.0. Since its launch, the most talked-about milestone listed on the Ethereum roadmap was its transition to Ethereum 2.0. With this, the network will switch from the proof-of-work to proof-of-stake (PoS) protocol.

The transition of Ethereum to Ethereum 2.0 will happen in four phases, starting on December 1, 2020 and continuing beyond 2021.

Learn more

December 12: Spark token airdrop

Clients holding XRP on participating trading platforms and XRP wallets will receive an airdrop of the Spark token in a 1:1 ratio to their XRP holdings.

On September 15, 2020, NDAX announced our support for the Flare Spark airdrop making NDAX the first Canadian trading platform to support the airdrop. In agreement with Hugo Philion, co-founder of Flare, NDAX will provide 100% of the Spark tokens claimed to clients holding XRP in the proportions that they hold on our platform at the time of the snapshot.

NDAX will handle the claim process. We will provide our clients with further instructions/action items closer to the date of the airdrop.

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NDAX Inc
NDAX Inc

Written by NDAX Inc

Buy, sell and stake #cryptocurrencies in Canada 🇨🇦. Instantly 🚀.

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