As we move onwards into the second half of the year, this week’s choices are set to benefit from significant developments, announcements, and upgrades that should strengthen their market positions. The news should also result in increased amounts of attention to each respective currency over the coming weeks.

1. Bitcoin (BTC)

is regarded as the world’s first decentralized digital currency and was created in 2009 by a mystical figure named Satoshi Nakamoto. Bitcoin is a deflationary currency whose issuance is capped at a total supply of 21 million coins. Bitcoin is the most popular cryptocurrency and is traded on various exchanges and is also used in peer to peer transactions.

BUY BITCOIN

How to buy Bitcoin on Binance?

Why Bitcoin?

Bitcoin continues to dictate which direction the market will take and is currently hovering close to a market dominance of around 65%. In addition, BTC is currently trading at around $10,500 and could move in either direction to break a new yearly all-time high or slump to provide long term investors with suitable entry points. Furthermore, after much delay, Bakkt will finally initiate user acceptance testing for its Bitcoin futures on July 22. These instruments are listed and traded at ICE Futures U.S. and cleared at ICE Clear US, and Bakkt COO Adam White elaborates on the process here. As a result, whichever price direction Bitcoin takes, it’s definitely the main coin to watch for the next few weeks.

2. Vechain Thor (VET)

is an enterprise-focused dApp and ICO platform that connects blockchain technology with real-world infrastructure such as IoT. VeChain is seen as leader in DLT supply chain management and purchase verification and has undergone a rebranding process to become known as VeChain Thor.

BUY VECHAIN

How to buy VeChain on Binance?

Why Vechain?

The platform is scheduled to undergo an upgrade and the v1.1.2 Upgrade will be activated on the mainnet at block #3,337,300. This is set to take place on Monday, July 22, at around 06:00 UTC. The upgrade will see VIP-191 and new opcodes of ETH_CONST being introduced, and all nodes are required to synch with the v1.1.2 Upgrade. The team outline the specifics here and have also recently unveiled the VeChainThor wallet version 1.4.1 for both Android and iOS devices.

3. OmiseGO (OMG)

is a token-based digital currency backed by the Plasma decentralized exchange and a digital wallet provided by Omise. It’s designed to facilitate payments for goods and services on the web to and to enable the cross-border transfer of assets. OmiseGO was the first project to be backed by the Ethereum Foundation and was developed in conjunction with Omise, a major Asian payments provider.

BUY OMISEGO

How to buy OmiseGO on Binance?

Why OmiseGO?

The project has lost much of its shine since 2017 and the team has announced that they will engage in a token burn in conjunction with GOExchange. The first of the monthly OMG token burns is scheduled to take place on July 25 and Omise founder Jun Hasegawa has recently confirmed the burn schedule. The token burns should help to breathe some life into the OMG token which has become overlooked in recent times.

How did the coins perform last week?

The seven day period led to mixed results across the market and managed to record a 3% gain in value and is currently trading at around $30.46. lost around 6% in value and is currently trading at $1.21. proved to be the strongest performer, and grew by 7% and is currently trading at $0.02. Over the course of the week, the market moved from $286B to $289B. You can view last week's coins to watch here.

