Daily Cryptocurrency Tracker 22.11.18: Cryptos show slight recovery

Following catastrophic losses earlier this week, in which cryptocurrencies reached price levels not seen since October of last year, the cryptocurrency market registred gains over the past 24 hours. All top 10 cryptos were in the green, 2 of which showing gains of 4% or more. At the time of writing, Bitcoin was up more than 1.7%, climbing above the $4,500 mark.

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XRP maintains relative stability

Despite registering losses as part of the market-wide trend over the past week, XRP is still stable, when compared to other cryptocurrencies. While the majority of top 10 cryptos registered double digit losses over the past week, XRP is down less than 4% for the week, maintaining its spot as the world’s 2nd-largest cryptocurrency (by market cap).

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Carrefour to track supply chains with blockchain

Another retail giant is stepping into the blockchain space. Carrefour, a French chain operating stores in more than 30 countries, has begun using blockchain technology to track poultry supply chains in Spain. Leaning on blockchain technology developed by IBM, Carrefour will track free-range chickens from farm to market. The use of blockchain to track supply chains has been on the rise of late, with retail giants such as Walmart already having similar solutions in place.

 

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