Cryptocurrency market cap -22% Adoption news & investment news from Binance & Bitmain

Last week until the weekend everything went up to the moon. Bitcoin reached the magical barrier of $5000 dollars and the overall cryptocurrency market cap went to an all time high.

As I mentioned a couple of time earlier already starting some weeks ago, I made the assumption that the cryptocurrency market would drop again at approximately $160 Billion. I had noticed that in 2017 everytime the cryptocurrency market cap reaches a new all time high it moves up on averagely with 27.5%. At $160 Billion it was at that average of $160 Billion. Of course it's just an average and it went up even to a new all time high of $179.5 billion. So I was just only 12.5% off from my prediction, but relatively close.

The big news of today of course was the news coming from China and that they indicated that ICO's are illegal now in China. Some other news of today:

• adoption news from Australia, Czech Republic, USA & Russia
• Investment rounds for Binance and Bitmain
• Wordpress Woocommerce plugin for Ripple / XRP