Bitcoin price fell slightly over the past two days, now trading at just below $10,000. The cryptocurrency failed to break above the $12,000 mark, which was a major resistance point set earlier this week. To industry experts, the recent price drop is most likely a product of profit-taking as well as a BTC price resistance…
After an incredibly harsh week on the crypto market, Ripple (XRP), Litecoin (LTC), and Ethereum (ETH) lead the crypto recovery for the top ten cryptos. Out of the top 100 cryptocurrencies, only 10 are currently down – quite the turnaround from the rest of the week. This was a week full of ranking swaps, coin…
Welcome to the Crypto Olympics: Day 14 Check out Day 13 of the Crypto Olympics Coin vs. Coin – who will be crowned the Crypto Olympics Champ? At long last, we are seeing some green today! The majority of coins are up today, making for an exciting start to our second round of semi-finals. Our…
Is the announcement of national cryptos anything to do with Ripple Price (XRP) rebounding after posting significant losses in the last four sessions? Previously, the instability in prices enhanced regulators opinion that cryptocurrencies fail to work as a currency and medium of exchange. Ripple price plunged as low as $0.89 during its declining streak of the…
Iran and Turkey recognize the innovation of digital currencies; both countries are looking to launch their coins – which will be issued by Central Banks. Venezuela has already started offering crude oil backed Petro coins. Via a rough translation, Iran’s minister of information and communications technology – Mohammad Javad Azari Jahromi said, “In a meeting with the board…
I’ve said it before, and I’ll say it again, it seems that people either love cryptocurrency and blockchain or they hate it. There’s no in-between. There’s no Switzerland. It’s an all or nothing sort of deal. Earlier today, the U.K. Treasury Committee launched an inquiry into cryptocurrency and blockchain, stating that it will be looking…
The United Kingdom seems to have taken a firm stance on the cryptocurrency sector and It doesn’t appear to be a good one. At first, it was just Prime Minister Theresa May stating that cryptocurrencies require more regulation, adding that the UK Treasury plans to set new rules in order for that to happen. That…
Crypto is often getting ragged on for being a gateway towards crime. Today, however, I’d like to recognize some of the good that crypto can do. Today, the LGBT Foundation revealed that it will be using blockchain technology to drive equality throughout the global LGBT community – new token will be called the Pink Dollar. The…
Still no good news on the crypto market today. IOTA (MIOTA) and Dash have experienced major losses in the past 24 hours, the worst among the top 20 cryptos. Much of the crypto selloff may be a result of Bitcoin. Bitcoin is currently down 6.19% in the past 24 hours, selling at just above $10,000.…
Ripple’s xCurrent, xVia, and xRapid products continue to grow in the financial sector; the distributed blockchain technology announced partnerships with five new clients from four different countries. Five new clients from the Banking and Payments Services industry will use ripple’s blockchain technology to advance their systems. Two banks – IndusInd from India and Itaú…
