|Day's range||0.459 - 0.485|
|52-week range||0.240 - 4.800|
|Volume (24 hrs)||662.70k|
|Volume (24 hrs) all currencies||315.91M|
Both Ripple and Stellar make it their goal to improve the ease of completing transactions across borders, however, given the differences between Ripple and Stellar, can they co-exist?
Ripple is recommending three cryptocurrency exchanges as the "preferred partners" for transacting on its xRapid payments platform.
The leading cryptocurrencies show a two-digits sell-off on Tuesday: Ethereum (ETH) has lost more than 17%, XRP fell by 14.5%, and Cardano (ADA) has plummeted more than any other major cryptocurrency by almost 20%. Bitcoin dropped 6% to trade near $6000.
Below you can find an overview of what happened in July in the world of cryptocurrencies – brought to you by SimpleFX CFDs trading platform. One of the events that attracted a lot of attention was the launch of Augur, a platform for making predictions for real-life events. Taking a look at the regulatory climate, if we are wondering where to set up our FinTech business, Malta is definitely the place to watch closely.
The majors kicked off the day in positive territory, though the bearish moves through the last week could be an issue for some.
A separation between XRP and Ripple is set to come into effect, a move that will allow both retail and institutional investors to have a clear idea of what the two are and what they stand for.
In the middle of the previous week the rally got stuck near $8300 level and since then the Bitcoin’s price has slowly decreased.
Criminal activities tied to cryptocurrencies are on the rise. According to CipherTrace, a developer of forensic tools and services for blockchain, the amount of money laundering through illegal cryptocurrency trading activity could hit the $1.5 billion mark before the end of the year.
It’s a bad start to the weekend, with only a few majors in positive territory as the bears regained control. A weekend rally would restore confidence.
VCTRADE, the new crypto exchange built by financial giant SBI Holdings, is finally open to all Japanese residents after months of delays.
The majors hold on in the early hours following the weekend recovery, with resistance levels in play today as the investors look to break free from the bearish sentiment that has pinned the majors down of late.
Understanding what cryptocurrencies are and how they work can help you make an informed decision about whether or not you should become a crypto market investor. While there are still potentially compelling reasons to invest, there are also reasons thoughtful investors may want to wait and see how the market plays out.
It’s another slow day for Bitcoin, though investors will be looking for a sign of another weekend rally to ease some of the pain from the previous week.
It’s been a positive start to the day, though whether the majors can hold on remains to be seen, with the extended bearish trend continuing to pin back the majors. The news wires have influenced and could do so again, requiring some caution.
Jean-Pierre Landau, who is responsible to investigate the French blockchain regulatory policy, said that cryptocurrencies should not be directly regulated.
The raging debate between decentralized and centralized cryptocurrency exchanges regarding which type better serves the public is still being hotly contested.
Over 120 venture capital (VC) firms have now made two or more investments in blockchain companies. With that in mind, we will look at the development of venture capital in the industry and some of the leading players.
The majors were the beneficiary of some favourable news from the South Korean government on Saturday, with the moves through the early part of today to decide whether a bearish trend reversal is about to kick in.
BitMEX Co-founder Arthur Hayes stated on CNBC that he remains bullish and believes the price of Bitcoin will reach $50,000 by the end of this year despite the recent falling of cryptos. Bitcoin, the largest cryptocurrency by market cap, fell last week under the $6000 level but currently is trading at $6341. How Can Bitcoin be Used as A Crime Weapon?
The majors consolidated Friday’s gains on Saturday, but the sea of red returned in the early hours of the day to test investor resolve ahead of Monday, the majors needing to reverse the morning’s gains to go into the week on a high note.
Bitcoin in positive territory early, though another range bound start to the day could spell trouble again, as investors remain wary of another sell-off, the broader market having seen a number through the week.