Since the start of the Korean dilemma, Ripple (XRP) was leading as the worst performing cryptocurrencies, due to its significant dependence on Korean markets. The subject of regulation has substantially impacted ripple’s price in the last seven days. Its price plunged to almost $1 in early trade on Wednesday, down sharply from an all-time high…
The cryptocurrency market has had a wild 48 hours but is now on a steady climb up, with no end in sight. Source: CoinMarketCap As you can see from the chart above, the market took a sharp fall starting on Monday from an over $700 billion market cap to just over $430 billion, in about…
After the dramatic two days selloff, Bitcoin not only pared earlier losses, but the digital currency generated healthy gains in Thursday’s trade. Bitcoin moved back to the $12,000 mark in Thursday’s trade, signifying a growth of more than 20% compared to the previous close. Bitcoin hit as low as $9,199.59 in early trade on Wednesday.…
Now Is The Best Time To Buy Bitcoin In 2018, Says Expert Remember Tom Lee? The managing partner and head of research at Fundstrat Global Advisors, who once said last year that Bitcoin could reach as high as $25,000 in five years, reiterated his bullish stance on the cryptocurrency in a publication today, stating that…
Having gained over 11,000% last year and making a new all time high, Ethereum (ETH) dropped sharply this week. The market cap currently stands at US$97.1 billion, with US$7.1 billion traded over the past 24 hours. The number of transactions per day on the networks continues to rise, with Initial Coin Offerings (ICOs) and Decentralized…
Having gained over 11,000% last year and making a new all time high, Ethereum (ETH) dropped sharply this week. The market cap currently stands at US$97.1 billion, with US$7.1 billion traded over the past 24 hours. The number of transactions per day on the networks continues to rise, with Initial Coin Offerings (ICOs) and Decentralized…
The blockchain development platform company Stratis has chosen Gluon to be one of its flagship ICOs. Gluon, a software company, has created a platform aimed at creating an interconnected network of vehicles. Both individuals and businesses will be able to use the Gluon platform to monitor, track, tune, and diagnose hardware issues with their vehicles,…
Due to the volatile nature of cryptocurrencies, they have a habit of making enormous swings during a single trading session. Cryptocurrencies fell dramatically during early trading on Wednesday, wiping off almost $2 billion from the total market capitalization. At the top of the selloff, the total cryptocurrency market capitalization plunged to $450 billion, sharply lower…
Justin Sun, the founder of Tron (TRX), just announced that his game “Tron Dogs” will be releasing an English version next Monday. Source: twitter As first reported, Tron Dogs is similar to that of the late Ethereum based Cryptokitties game in which players are able to purchase pets with cryptocurrency and breed them with other…
BitConnect Officially Shuts Down — Ponzi Scheme Confirmed Just one week after the proposed date of its initial coin offering (ICO), England-based financial startup BitConnect officially announced on its website that it is shutting down its cryptocurrency lending and exchange platform. This decision was made following warnings issued earlier this month by regulators in Texas…
