DDI Blockchain Weekly (August 13th-19th)

3 min read

Crypto markets briefly dived below $200 million to hit the lowest total capitalization since November 2017, before bouncing back to end the week virtually unchanged. And while Bitcoin followed a similar trend, Bitcoin dominance hit 54.4% on Tuesday, a level not reached since December, before retreating to 52% by Sunday. It’s been a busy week for Coinbase… Having first announced its decision to add Ethereum Classic (ETC) to its list of supported cryptocurrencies in July, Coinbase finally unveiled its newest addition on Wednesday, and began trading the next day. The ensuing 24 hours saw ETC rally by 15%, hitting a…...

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Dr Justin Chan Dr Chan founded DataDrivenInvestor.com (DDI) and is the CEO for JCube Capital Partners. Specialized in strategy development, alternative data analytics and behavioral finance, Dr Chan also has extensive experience in investment management and financial services industries. Prior to forming JCube and DDI, Dr Chan served in the capacity of strategy development in multiple hedge funds, fintech companies, and also served as a senior quantitative strategist at GMO. A published author at professional journals in finance, Dr. Chan holds a Ph.D. degree in finance from UCLA.