115th Weekly Report of Molecular Future

Hello, friends and supporters of Molecular Future:

It’s the 115th issue of Molecular Future Weekly! The project is carrying on tests in many ways, including website and mobile. The updated content in APP and website will be released soon! In this weekly issue, we will present you the hotpot information.

Best Fund this week

XBTING Foundation ETF Fund (USDT)

Initial net worth (February 19th, 2019) 1

Latest net worth (15th March, 2020) 1.5464

Total increase +54.6%

Tech Development

SDK and Fund manager adapt

Currency mortgage sector lending test optimization

Core technology R&D for Molecular trading system-MT5

Code review and testing of molecular fission capabilities

Industry Information

Bitcoin mining difficulty reduced by 15.95%

According to BTC.com data, BTC mining difficulty in this week is reduced by 15.95% to 13.91T (block height 622944). The mining difficulty reduction ranks second in Bitcoin history, only after 18.03% on October 31, 2011. If calculation based on the history of Bitcoin ASIC miners (beginning in 2013), the difficulty reduction will reach a record high, higher than 15.13% on December 3, 2018.

Spot gold market getting popular

Spot gold opened at 1504.16 points this week, the highest reported at 1647.28 points, the lowest reported at 1482.64 points, and closed at 1631.28 points, up 8.45%.

In the Asian market on Friday, futures gold fell slightly, but it has still risen by 10% this week. It is expected to reach the largest weekly increase since 2008 after the U.S. Senate boosted gold through a record $ 2 trillion stimulus Investor sentiment, while a record number of U.S. jobless claims have further boosted risk aversion.

APP Data Overview

Product introduction

Molecular Future is jointly invested by Molecular Group, Eagle Fund, Hong Kong Capital Fund, XBTING Foundation, HCASH Foundation, and Bank of China Capital. The platform uses stable and secure blockchain technology and connects with the world’s top financial quantification teams to provide users with efficient and convenient financial services.

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