Most crypto assets are falling again... Bitcoin is down 2.4% at $9467. The weekly close of bitcoin will be very important. Closing beneath $9568 could be a signal that the drop isn't over yet. I still don't have a clue if this will be a small retracement. I'm very sceptical!

Ethereum trades today at $825, down 1.04% while ripple drops 1.49%. IOTA is the biggest gainer today. The internet of things coin gains 4.65% and trades at $1.83. Meanwhile, Monero keeps on making attempts to enter the top 10.

Ps: Don't forget to check out the news section! Peace out!

Top 10 - Snapshot

Top 10 - Change Since Previous Close

All the other coins are red. Will IOTA follow soon? (Enlarge the image here.)

Top 10 - 24 change in Volume

Weekend blues... Massive pickup in IOTA volume though.(Enlarge the image here.)

Top 10 - 7 day change

Everything is down on a 7day timeframe(Enlarge the image here.)

Top 10 - YTD Change

Stellar trades in red territory... (Enlarge the image here.)

Top 10 - Market Cap

Overview

(Enlarge the image here.)

Change since previous day

Altcoins are winning today...(Enlarge the image here.)

Crypto vs The Dow Jones

Bitcoin and Ethereum in the Dow Jones

A 6.5% drop in the market cap of the Dow Jones equals to a total wipeout of the crypto space. Remember that. Be humble

Precious metals

Change since previous week

Both asset classes are down for the week. Silver declined less than it's peers. (Enlarge the image here.)

YTD change

Ethereum loses ground, nothing new here. (Enlarge the image here.)

Daily Bitcoin/Gold ratio

One bitcoin buys 7.27 ounces of gold today. (Enlarge the image here.)

Daily Ethereum/Gold ratio

One ethereum buys 0.63 ounce of gold. (Enlarge the image here.)

You can see that this ratio topped at 1.05 ounces and then it dropped hard. This is remarkable because Bitcoin did the same thing when it touched 1.05 ounces of gold back in march 2013. Watch here! Will it drop again if we touch that 50 day moving average?

Alternative data

Twitter @Bitcoin

1233 new followers. That is a decrease since yesterday.(Enlarge the image here.)

Twitter @Ethereum

496new followers. That is a decrease since yesterday.(Enlarge the image here.)

Interest slowed down in comparisation with yesterday. Are the dip buyers getting scarred?

News

Switzerland should launch a cryptocurrency version of the Swiss franc as part of the Alpine country’s attempt to steal a competitive lead in digital technologies, its stock exchange chairman has urged. Romeo Lacher told Financial Times that an “e-franc” backed by the Swiss central bank would boost the local economy as well as electronic payment systems which were increasingly replacing cash.

VLADIMIR PUTIN ENDORSES BLOCKCHAIN: RUSSIA CAN’T BE ‘LATE IN THE RACE’

Russian Federation President Vladimir Putin endorsed blockchain technology during a meeting on Sunday with Herman Gref, the president of Sberbank, Russia’s largest bank.

U.K Government Set to Create Favorable Regulations for Cryptocurrency

UK regulatory authorities have started looking into the impact of digital assets on the country’s economy, with the view to regulating the crypto ecosystem in a way that will be advantageous to all stakeholders.

Professor Alex Pentland Loves the Blockchain and What the Future Holds (A Bullish 2018)

It is no surprise that blockchain technology is managing to be adopted by individuals and businesses from all walks of life. What once had a taboo associated with it is now being viewed as a revolutionary platform to base businesses around. Massachusetts Institute of Technology (MIT) Professor Alex Pentland, has had some very positive things to say about the technology behind the blockchain and what the future holds.

Overstock CEO Puts ‘Millions Of Dollars’ Into Unknown Coin, Compares To Bitcoin

Patrick Byrne, the CEO of Overstock, which was the first major retailer to accept Bitcoin (BTC) back in 2014, has said that he is “not really interested in cryptocurrencies per se,” but revealed a little-known Blockchain project his company has invested “millions of dollars” into in an interview with Business Insider Friday, Feb. 23.

Bitcoin Regulation: 5 Facts the SEC Wants You to Know

Bitcoin has taken the investing universe by storm, making early adopters rich and capturing the imagination of millions of people worldwide. As the number of people interested in bitcoin and other cryptocurrencies has risen, the potential for abuse has gone up with it. That has gotten the interest of the U.S. Securities and Exchange Commission, and the regulatory agency has made its own positions on bitcoin and other crypto-related assets as clear as possible.

Why The Next Oil Boom Will Be Fueled By Blockchain – Analysis

Big Oil is due for a disruption. The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long. But now, the new tech on the block has its sights set on the multi-trillion-dollar oil and gas sector. It’s official: Blockchain technology has infiltrated Big Oil.