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Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash, Monero: Price Analysis, Dec. 30

December J, 2017

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash, Monero: Price Analysis, Dec. 30 Cryptocurrencies have generated wealth for the traders like no other asset class. While Bitcoin has garnered most of the attention, it is not the only one to have risen in 2017. There have been scores of winners. Ethereum was the second leading currencies aiming to overtake Bitcoin as the dominant leader of the year; it could never really achieve the feat. However, within the past two weeks,…

Ethereum, Bitcoin Prices Slide as Market Sheds $10 Billion

September J, 2017

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Ethereum, Bitcoin Prices Slide as Market Sheds $10 Billion The crypto markets took a steep downward turn on Friday, with more than 90 of the top 100 cryptocurrencies posting single-day price declines. The bitcoin price dropped nearly $400 after challenging the $4,000 level earlier in the week, while the ethereum price slipped below $260. Chart from CoinMarketCap The total cryptocurrency market cap–the combined value of all cryptocurrencies–dropped more than $10 billion for the day. After beginning the day at about…

Record $5,000 Bitcoin Price Triggers $13 Billion Market Sell-Off

September J, 2017

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Record $5,000 Bitcoin Price Triggers $13 Billion Market Sell-Off The bitcoin price touched $5,000 this morning, ushering in a historic moment for the cryptocurrency ecosystem. Unfortunately, this achievement also triggered off a comprehensive market sell-off. Almost every major cryptocurrency–including ethereum, Ripple, and IOTA–experienced significant price decreases. Chart from CoinMarketCap The sell-off led to a significant crypto market cap pullback. At the height of the rally, the total value of all cryptocurrencies reached $179.7 billion–a new all-time high. However, nearly $13…

Monero Price Up 15% as World’s Largest Cryptocurrency Exchange Prepares Integration

August J, 2017

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Monero Price Up 15% as World’s Largest Cryptocurrency Exchange Prepares Integration Monero, the world’s second largest anonymous cryptocurrency, is up 22 percent again today, on August 26. For many years, Monero has been regarded as one of the few cryptocurrencies that is highly legitimate, backed by an experienced and talented development team. It had no pre-sales or controversial mining deals for its miners. The Monero development and community have shown unity since it forked off from Bytecoin, with almost…

Malta Entrepreneur has Installed the Country’s First Cryptocurrency ATM

July J, 2017

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Malta Entrepreneur has Installed the Country’s First Cryptocurrency ATM A Malta entrepreneur has installed the country’s first cryptocurrency ATM. The installation has occurred just days after local media reported that a start-up had launched a crowdfunding campaign to finance the country’s first bitcoin ATM. The Cryptocurrency ATM Has Been Installed Days After a Crowdfunding Campaign Was Launched to Fund a Rival Terminal A local Malta entrepreneur, Gabriel Cretu Torica, has installed the country’s first cryptocurrency ATM. The terminal has been…

All Cryptocurrency Prices Today Have Volatile Swings

July J, 2017

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All Cryptocurrency Prices Today Have Volatile Swings All Cryptocurrency prices were volatile today, and most were down as of 2:00 p.m., with the total value of the global marketplace falling from nearly $95 billion to roughly $86.8 billion over the last 24 hours. The biggest story moving cryptocurrency prices today (Tuesday) was renewed fear over a potential August fork in Bitcoin that could split the currency. Bitcoin Cash has announced plans to proceed with a fork. BCC is generating…

Austrian Post Offices Sell Bitcoin, Ethereum and More For Cash

July J, 2017

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Austrian Post Offices Sell Bitcoin, Ethereum and More For Cash Post offices in Austria are offering bitcoin, Ethereum, Litecoin and Dash in exchange for cash through “bitpanda to go,” a startup that focuses on making the purchase of cryptocurrencies easy. Users can purchase 50 €, 100 € or 500€ worth of cryptocurrency from the Osterreichische Post branches. Post offices in Austria are offering bitcoin, Ethereum, Litecoin and Dash in exchange for cash through “bitpanda to go,” a startup that focuses…

Market Turns Green

June J, 2017

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Market Turns Green The cryptocurrency market takes a turn to the green, led by Ethereum and Bitcoin. After two days of the so-called ‘crypto correction’ in the final days of June, the wider cryptocurrency market is seemingly back on a comeback trial as all top ten cryptocurrencies by market cap make gains over a 24-hour period. According to CoinMarketCap, all but two of the top 50 cryptocurrencies have taken a positive turn during Tuesday’s trading period. At press time, only…

Why Just Holding Cryptocurrency Will Change the World

June J, 2017

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Why Just Holding Cryptocurrency Will Change the World Cryptocurrency, digital assets run by blockchain distributed ledger technology, have some pretty revolutionary features and use cases. They can cheaply and permanently send wealth faster than anything else. They can cryptographically prove your identity. They can run self-executing smart contracts instead of relying on an enforcement mechanism when people don’t keep to their deals. But what if I told you that one of the most world-changing things about digital currencies is…

What Do UK Election Results And Brexit Mean For Cryptocurrency Value

June J, 2017

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What Do UK Election Results And Brexit Mean For Cryptocurrency Value The United Kingdom’s Conservative Party failed to secure a clear majority in the UK election on Thursday. The political upheaval surrounding Prime Minister Theresa May sent shockwaves throughout the economy. The New York Times reports London’s position as a “dominant global financial center” could be jeopardized. According to CNBC, by Friday morning the British pound dropped to the lowest value it has had in months: $1.2632. "The financial markets…