Bitcoin’s price has suffered a slight blunder. After spiking to nearly $8,400 over the weekend, the coin fell during today’s early morning hours to $7,900, but has since rebounded to about $8,000 at press time. It’s good news to know that while bitcoin failed to develop stronger resistance during its Sunday high, the drop wasn’t any worse. Joining bitcoin with an exact-matching four percent drop in value is ether, which has fallen from approximately $537 to $503 at the time of writing. In addition, bitcoin cash, Ripple’s XRP and litecoin have all fallen by roughly three percent each. Drops inPowered by WPeMatico
Google and the blockchain haven’t exactly been the best of friends. While Google’s parent company, Alphabet, has emerged as one of the biggest corporate investors in blockchain startups, Google and YouTube have clamped down on crypto ads, and this is all most of us judge them by. However, with the blockchain revolution taking off, some of Google’s elite minds have left the Mountain View-based tech giant to found blockchain startups. And they have gone a step further in forming a blockchain community, the xGoogler Blockchain Alliance. Advancing Ambitions In the Blockchain Space The GBA was founded by three ex-Googlers who have achieved great
At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. Last week was the thirteenth installment of my challenge. This week went well enough, if not just a bit slow. TRY TO SPEAK TO AS MANY PEOPLE ABOUT CRYPTOCURRENCY AS YOU POSSIBLY CAN Admittedly, I spoke with fewer people than usual this week about cryptocurrency. I didn’t have much time to see friends or interact with people online. However, I did get to have a few
It would appear the momentum is turning against all top cryptocurrencies once again. While this is anything but surprising, it has become apparent this was just to be a matter of time. When looking at the bigger picture, there’s no reason to think the full recovery is in place yet. As such, we now see the Bitcoin price dropping to nearly $8.000 again, albeit it remains to be seen if that level will hold. Bitcoin Price Woes Are Looming Ahead Although a temporary dip is nothing to be concerned about when dealing with cryptocurrencies, the current Bitcoin price momentum can
As is usually the case after a weekend, there is some concern as to how the cryptocurrency markets will evolve. So far it seems most currencies successfully maintain the positive momentum, although we may see some changes in the coming hours and days. A lot of people keep an eye on the XRP price, which has successfully surpassed $0.65 once again. XRP Price Momentum Remains Intact Last week has proven to be rather interesting for most cryptocurrencies. More specifically, we have seen some solid gains in the second half of the week, which are still in place as of today.
Bitcoin has jumped another $300. Following yesterday’s slight drop to $8,000 from $8,100, the currency has incurred another impressive hike and now sits within the $8,300 range. Thus far, everything analysts have predicted regarding bitcoin’s behavior in the 2018 second quarter is coming true. The coin saw a massive price jump of roughly $1,200 between April 11 – 13, and the price has stayed strong ever since, and while one could argue that we have only reached the weekend, present indicators suggest that the price rise is not a fluke, and may continue in the coming weeks. Overall, the currency
Japan’s largest cryptocurrency exchange Bitflyer has contested media reports that the Japanese financial regulator has deemed its user verification process to be insufficient. Nonetheless, the exchange admitted to being in talks with the authority and has implemented additional measures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Reports of Financial Regulator’s Concerns The largest […]
Crypto winter? What crypto winter! The exchange arguably most responsible for onboarding bitcoin investors, Coinbase, has not allowed sour price levels to keep them complacent, conservative. Instead, they’ve maintained a breakneck pace, forming a venture capital fund, hiring top executive talent, and now they’re gobbling up competitors such as Cipher Browser. Also read: Russian Court Bans […]
The well-known venture capitalist and cryptocurrency investor Tim Draper has revealed his four-year prediction after holding back his statements in a few interviews some weeks ago. Now Draper, who correctly predicted bitcoin’s price would surpass $10,000 USD per coin by 2018, believes in just four years the price will be $250,000. Also read: Coinsecure Announces Repayment […]
Forking bitcoin used to be a rarity. Then it became the norm. And then it became a meme, with anyone and everyone forking bitcoin on a weekly basis. There have now been a total of 69 bitcoin forks plus another 18 altcoin forks. Holders of bitcoin, monero, ethereum, and litecoin can claim almost 80 additional […]