It was yet another shaky week for cryptocurrencies as bitcoin shattered the $10,000 psychological support level, hitting a fresh two-week low of $8,500 before settling just above $9,000. The drop, which affected almost every currency, was precipitated by a string of potentially negative news including alleged hacking events at two major exchanges and news that the SEC will require crypto exchanges to register with the agency.

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Here’s everything you missed as we head into the weekend:

Featured Projects

VeChain: A Rebranded Project to Watch in 2018

Cappasity: the Decentralized AR/VR Blockchain Platform

Ambrosus: Blockchain Protocols for Food and Pharma Supply Chain Mgmt.

News of the Week

SEC Says Exchanges Trading Digital Assets That Are Considered Securities Need to Register With Agency

Is BitPay Lying About ‘Network Costs’ as Bitcoin Fees at Record Lows?

Cryptocurrency Hedge Fund Multicoin Capital Secures $250m Investment

Could an Amazon Token Become a Viable Worldwide Cryptocurrency?

Lil Windex dropped a narrative-driven video pumping Bitcoin Cash

Bitcoin’s Price Wobbles as Japan Cracks Down On Cryptocurrency Exchanges

A new report says Egypt is secretly forcing citizens to mine cryptocurrency

Alleged Binance Hack, Potential SEC Regulations Send Crypto Markets Lower

Coinbase Announces Crypto-Focused Index Fund

PayPal Files Patent for Faster Crypto Payment Tech

Top Gainers of the Week

% represents 7-day change at 5 PM on Friday. This list does not include pump-and-dumps or dead projects. Graphs show 1-month time frame or longest available time frame under a month for reference.

Credits 

CoinMarketCap

Description: CREDITS is an open blockchain platform with autonomous smart contracts and the internal cryptocurrency.

Symbol: CS

Website: credits.com

Smartlands 

CoinMarketCap

Description: Smartlands is a unique platform for integration real economy with blockchain technology

Symbol: SLT

Website: smartlands.io

Farad  

CoinMarketCap

Description: Cryptocurrency backed by real economic activity which is the production of Ultra-capacitors within actual factory settings.

Symbol: FRD

Website: farad.energy

B2BX 

CoinMarketCap

Description: Provides cryptocurrency liquidity for brokers, stock exchanges,
hedge funds and other institutional clients

Symbol: B2B

Website: b2bx.pro

Ormeus Coin 

CoinMarketCap

Description: Ormeus Coin is a new digital money system backed by a fully-audited USD250 Million industrial crypto mining operation.

Symbol: ORME

Website: ormeuscoin.com

MinexCoin

CoinMarketCap

Description: Low volatility cryptocurrency that will swap a meaning of payments systems

Symbol: MNX

Website: minexcoin.com

KickCoin 

CoinMarketCap

Description: KICKICO is a platform for safe and easy fundraising for ICO, pre-ICO, crowdfunding and crowd investing

Symbol: KICK

Website: kickico.com

FlorinCoin 

CoinMarketCap

Description: FLO is a script-based coin with quick transaction processing that introduces a useful new feature called “transaction comments.”

Symbol: FLO

Website: flo.cash

Storj 

CoinMarketCap

Description: End-to-end encrypted, distributed object storage, where only you have access to your data. Powered by blockchain payments.

Symbol: STORJ

Website: storj.io

Visit us again next Friday to check out which coins make the list of top gainers.


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Disclaimer: The author(s) of this article may have a position in one or more of the securities mentioned above. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.