NEM Defies Mini-Correction Gains 55%
NEM has been defying the mini-correction mood in the crypto space this week with over 55 percent gain over the past week making it the best performing digital asset in the top 100 coins.
According to reports, NEM jumped about 50 percent in less than six hours last thursday reaching a peak of $0.108 the highest level since November of last year.
The latest surge enabled it to enter the top 20 rankings by market capitalization according to coinmarkercap.com and is trading at the time of this writing at $0.087 with market cap of $791 million.
There are several reason behind the recent surge one of the most notable one is its partnership with Zeux, a fintech firm that operates a digital payment wallet app that allow users to pay merchants through Apple Pay and Samsung Pay.
Aside from this partnership the price of NEM benefitted from the gradual launch of its version 2.0 blockchain engine dubbed as Catapult and the update of its website which is widely seen as proof that NEM foundation is active in development.
Headlines for the world of Cryptocurrencies - May 17, 2019
Trade Wars Good For Bitcoin / Amazon’s New Patent Raises Possibility Of Bitcoin Integration / Coinbase To Launch US Debit Card And Mauling Margin Trading / US Adults Interested In Investing In Facebook Coin Than In Bitcoin According To Survey / Max Keiser Sees Bitcoin Reaching $100,000Headlines for the world of Cryptocurrencies - May 16, 2019
It Is Time For Bitcoin ETF According To Sec Commissioner / Samsung To Support Ethereum In Other Galaxy Phone Models / Xapo Is Getting Acquired By Coinbase / Microsoft Going Strong For Blockchain / Brave Seeking Additional Capitalization In Series A Equity RoundHeadlines for the world of Cryptocurrencies - May 15, 2019
Coinbase’s USDC Now Available On 85 Countries / European Blockchain Institute Announced In Germany / Charlie Lee Auctions Out Physical Litecoin Collectibles / Two Fomer Coinbase Compliance Manager Hired By Facebook / R3 Corda Attracts Three French Banks For Its Blockchain-Based Loan Platform
