Cryptocurrency investors are starting to diversify their holdings, given that Bitcoin continues to stall around the $10,200 area, while most of the other large-cap tokens are banking solid gains. For the entire 2019, Bitcoin had been the leading cryptocurrency, with its market dominance reaching 70%, a level not seen since
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Although a promising token back in 2017, XRP is currently in the negative as compared to the January 2019 open and looks poised to retest the December 2017 lows, located around 20.5 cents on the Kraken exchange. This year we’ve seen several important news regarding XRP, including the integration into
Blockchain used to reduce the level of CO2 from the atmosphere may be a crazy idea for some, but the Germany Free Democratic Party (FDP) had suggested a method in which people who remove greenhouse gases would be rewarded with cryptocurrencies. At the present time, Germany is one of the
There had been many speculations throughout the month of August on the People’s Bank of China launching its own cryptocurrency by November this year. CNBC, Reuters, and Bloomberg, all reported on the issue, after a claim from the PBoC deputy director. Just recently we’ve seen the Central Bank of Brazil
According to a decision taken on August 26th, the Central Bank of Brazil (CBB) will classify the purchasing and selling of cryptocurrency assets based on the guidelines provided by the International Monetary Fund. There had been a huge debate on whether these assets should be treated as usual money of
Cryptocurrencies had taken a tumble in the past week, as market sentiment deteriorated again. Global financial markets had been rattled in recent days, as the bond markets are beginning to ring recession signals. Both US and UK yield curves had inverted, a phenomenon not seen since 2007 and 2008, respectively.
The cryptocurrency market continues to be subdued following the latest Facebook earnings releases, where the company talked about one of its latest ambitious projects – Libra. Even though it expects to launch its first stablecoin and digital currency wallet in 2020, the latest surge of regulatory concerns about the project
Since mid-December 2018 to mid-June 2019, Litecoin had a pretty impressive run, surging from $22 per token towards $144 on the Coinbase exchange, as speculation around the next halving process begun early. Most of the major cryptocurrencies dropped on renewed regulatory concerns recently, but LTC saw its price dipping from
All major cryptocurrencies had come under heavy pressure since July 14th, as a new flow of concerns related to regulation had made market participants reconsider how they value digital tokens. Bitcoin, Ether, and Litecoin are just a few of the large-cap cryptocurrencies with losses higher than 15% for the past
Although Ether continues to be the main competitor of Bitcoin in terms of market cap and despite the fact that Ethereum is the leading platform for blockchain-based applications using smart contracts, developers and researchers working have great plans for the years to come. We’ve seen recently how the Ethereum Foundation
