The cryptocurrency market gained $22 billion since last week. Bitcoin has been up for 8 consecutive weeks. The new month is starting with Bitcoin above above $4600. Bitcoin is currently trading at $4675. The price of Ether rose from $137 to $152. Earning interest on cryptocurrency holdings is becoming popular in the crypto space. Coinbase launched a new service for institutional users to earn passively against their cryptocurrency holdings.
Meanwhile Japan continues to be at the forefront of crypto adoption. Japan’s biggest railway and subway operator is considering the integration of cryptocurrency as a payment option. Louis Vuitton owner will launch blockchain for luxury goods tracking. The new blockchain will prove authenticity of luxury and goods and help preventing counterfeiting. Blockchain related jobs are still in high demand. The ‘Big 4’ accounting firms Deloitte, KPMG, Arthur Andersen and EY are eagerly searching for blockchain experts according to data from indeed.com.