Cryptocurrency bloodbath continues as the overall market cap slips below $120 billion. In just last 12 days, crypto markets lost a whopping $89 billion.
While that the crypto market valuation has gone so low, there might be a possible opportunity to dig in.
The plaintiff has charged Coinbase for making false and deceptive statements on the rollout of Bitcoin Cash last year after the Bitcoin hard fork.
After weeks of stability, in the past week alone, Bitcoin (BTC) has collapsed under $4,500 in a surprising bout of selling pressure. So, many have claimed that the crypto market has been struggling, and that’s even putting it lightly.
Tech stocks overall were hit hard Tuesday as the Nasdaq Composite Index slid another 1.7 percent. Facebook and Alphabet are just two of the companies that make up the group of large tech stocks commonly known as FAANG.
The Bakkt digital assets platform, which was created by the operator of the New York Stock Exchange (NYSE), announced the creation of Bakkt in August of this year and now said that they are “targeting” Jan. 24, 2019 as a launch date.
While the entire crypto market is in a downturn following the hard fork, Ripple and their XRP are faring the best, pulling ahead of ETH by market cap, becoming the number two cryptocurrency.
The crypto markets entered a major correction on Monday while losing $25 billion market cap for the second time in last one week.
Bitcoin is continuing its way to the bottom having reached a new lowest mark since October 18, 2017. It is believed that it will fall further.
Binance CEO Changpeng “CZ” Zhao took to Twitter on Sunday to send out a message to the XRP community regarding their constant talking of XRP as a base currency for the leading crypto exchange.
The product called the “Amun Crypto ETP” will track the top 5 crypto assets in terms of market cap and liquidity. It will be available to both retail and institutional investors.
As both camps engage in the war for gaining dominance over the hash power, here a look into how things have turned so far.
Coinbase Custody, the safekeeping arm of the crypto-finance giant, decided to add support for Ripple (XRP) on its institutional-aimed custodian service.
After BCH hard fork has completed, Binance announced that they added both a BCHSV and BCHABC trading pair to their website, indicating it will likely honor both Bitcoin Cash forks, issuing double tokens to all BCH holders.
The long-anticipated hard fork of the Bitcoin Cash blockchain has gone live, with reports confirming that the first mined block came from the BCHABC protocol, even though SV boasted a much larger hashrate in the days preceding the split.