Supporters of litecoin often tout the sixth-largest cryptocurrency as “silver to bitcoin’s digital gold,” but one cryptocurrency says it’s also a diamond in the rough. Writing in an eight-page report published on Tuesday, eToro senior market analyst Mati Greenspan argues that the litecoin price is trading at a “massive discount to what it should be worth.” Greenspan …
Markets have taken a vertiginous plunge today, with Bitcoin losing almost $500 on the day to dip below $7,000 and all the top ten crypto assets in the red. Crypto markets have taken a vertiginous plunge today, August 4, with Bitcoin (BTC) losing almost $500 in the six hours before press time to dip below …
Despite NYSE’s ‘Biggest News of the Year’ for Bitcoin, Crypto Markets Sink in a Blink Read More »
The Bank of Thailand has permitted banks to set up branches that may issue tokens, invest in cryptocurrencies, and run crypto-related businesses. The Bank of Thailand (BoT) has recently allowed local banks to set up subsidiaries for dealing with cryptocurrencies, local Thai source Blognone reported August 3. According to a regulatory announcement published by the …
Bank of Thailand Allows Banks to Open Subsidiaries for Crypto Dealings Read More »
#SECBIT & #PCHAIN Achieved Strategic Cooperation This event has been reported in many major news media in China recently @SECBIT_IO Details:https://mp.weixin.qq.com/s/wwEa-nzgHw3CMDptWCiHbg …
While India remains a no-go area for bitcoin and other cryptocurrencies, Ripple Labs, the developer of XRP, is busy making inroads into the Asian nation, as per a report on August 2, 2018. Ripples Everywhere According to an FXStreet, the State Bank of India (SBI), the country’s institutional banking authority, is set to start facilitating instantaneous cross-border payment solutions with …
Indian Bank Set to Adopt Ripple for Cross-Border Payments Read More »
EIP 1167 entered “last call” status yesterday and is open for comments for the next two weeks before it is finalized. This Ethereum Improvement Proposal allows any number of cloned contracts to redirect calls and gas fees more cheaply and with fewer side effects than is currently possible. As of Thursday, EIP 1167: Minimal Proxy Contract, created …
More Efficient Clone Contract Functionality is Coming to ETH Blockchain Read More »
Goldman Sachs recently stated that Bitcoin’s price will continue to drop. The Wall Street firm’s economic-outlook report notes that cryptocurrency prices will fall because they cannot function effectively as money. Goldman Sachs is still looking to launch its own crypto trading desk. Goldman Sachs recently stated that it expects Bitcoin’s (BTC) price to decline further, as it …
Goldman Sachs Report: Cryptocurrencies “Will Not Retain Value” Read More »
MARKET OVERVIEW There was a time when the slightest rumor sent tremors through the market and boosted even the most unheard of altcoin by 20% minimum. Alas, it appears that those days have long passed. Outside of the this month’s Bitcoin ETF hype and letdown, very little of this week’s positive bitcoin news translated to …
Uncertainty over governance could be turning some investors off. Similarly, the uncertainty over whether large sums of lost ETH can ever be retrieved may also be cooling investor sentiment. Source: iStock/PokPak05 No one likes losing crypto. Some people have gone so far as enlisting hypnotists in a bid to retrieve their lost coins, and it …
Bitcoin continues its August 2018 decline for the third consecutive day. The top-ranked cryptocurrency has dipped by more than three percent in the last 24 hours. One expert believes that if BTC is unable to hold steady above the $7,400, then a drop below $6,000 is to be expected. Bitcoin at a Critical Stage According …
Bitcoin Price Could Fall Below $6,000 if it Fails to Maintain Current Support Level Read More »
