Cryptocurrencies

A cryptocurrency is a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, called altcoins, or specifically of digital currencies.

Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. The most popular altcoins now (August 2016) – Ethereum, Steem, Ripple, Ethereum Classic, Litecoin, Dash, Dogecoin.

Cryptocurrencies use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoin’s blockchain transaction database in the role of a distributed ledger.

Crypto Market Recovers to Over $210B Amid Closure of U.S. Bitcoin Futures Market
August 17th, 2018

Cryptocurrency market shows good recovery after the closure of the Bitcoin Futures market, with Bitcoin and altcoins gaining 10-15%.

Ripple Gives Further Push to Its xRapid Solution, Eyes China for Expansion
August 17th, 2018

The three exchanges will be using the Ripple’s xRapid solution for the easy transfer of money between the Mexican pesos, the U.S. Dollars, and the Phillippines pesos.

U.S. Investors Can Now Buy the Swedish Exchange-traded BTC Note
August 16th, 2018

Instead of waiting for the Bitcoin ETFs, U.S. investors will now be able to trade exchange-traded-notes like the Bitcoin Tracker One.

Coinbase Set to Build a Safest Ever Version of Identity Through Its Latest Acquisition
August 16th, 2018

A world-famous cryptocurrency startup Coinbase has acquired a digital identity startup Distributed Systems and to develop digital identity solutions.

When to Convert Your Coin Post-TGE
August 16th, 2018

Adrian Guttridge, CEO of BlockchainWarehouse and FinTech/InsurTech Business Advisor to Axpire, shares his insights into the key aspects of crypto converting and taxation for those willing to save some money.

Monero (XMR) Price Analysis: Trends of August 16–22, 2018
August 16th, 2018

XMR continues its downward trending after breaking of $130 distribution level, the pair will experience further downward movement and get exposed to another strong accumulation level at $55.

Crypto Investor Files $224M Lawsuit Against AT&T for Mobile-Hack
August 16th, 2018

Michael Terpin has charged AT&T for the SIM-swap fraud wherein the hacker managed to impersonate his identity and gain access to his cryptocurrency accounts.

Tron (TRX) Price Analysis: Trends of August 14-20, 2018
August 15th, 2018

TRXUSD continues its bearish movement in the long-term outlook, there should be caution and patience in taking positions as the price could reverse its movement upward in case there is enough bullish pressure.

Blockchain-based Crown League Breaks New Ground In Fantasy Football
August 15th, 2018

The first professional fantasy football league wants to give its members the perfect impression of being a team owner. The aim is ambitious, so are the funding expectations: the project wants to raise nearly $100 million.

Coinbase Continues to Register 50,000 Users Each Day, Says CEO Brian Armstrong
August 15th, 2018

Coinbase CEO has shared his thoughts on the future of digital currencies in a recent interview with Bloomberg’s host Emily Chang in San Francisco.