Cryptocurrencies are set to finish the 7-day week ending Friday, March 8th, 2019 broadly mixed with the price of Bitcoin edging higher by 1.88% since last Friday’s end of day to USD$3,936.38. Binance Coin (BNB) continued its trend of outperforming the broad market this week, soaring 21.70% since last Friday’s end of day to USD$14.16 – the major coin is now the 7th largest cryptocurrency by market capitalization after rallying over 236% from its December 2018 low! Litecoin (LTC) also had a stellar week, appreciating 18.2% from last Friday’s end of day to USD$56.56.
Cryptocurrency news this week is headlined by eToro, an exchange and social media platform boasting over 10 million unique users, who announced the rollout of crypto trading services for US users in 31 states. Also this week, following an equity deal between Starbucks and US-based crypto trading platform Bakkt, an unnamed source cited by The Block claims that the global coffee giant could be set to begin accepting crypto payments at its retail locations. Major US retailer Kroger may also be considering crypto payment integration after the company announced it would no longer accept Visa at some locations due to high fees. According to tweets by Morgan Creek Digital Assets founder Anthony Pompliano, the two parties are in talks about Lightning Network integration at some Kroger retail locations.