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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.
Craig Wright, the man claims to be the real Satoshi Nakamoto and pseudonymous creator of Bitcoin, has threatened to crash the price of ‘his’ headline cryptocurrency if miners support the Bitcoin Cash ABC project in the upcoming fork.
The bloodbath in the cryptocurrency market saw almost all of the top ten cryptocurrencies losing 10-12% of its price in a single day. Overall market cap dropped by $28 billion.
According to Ripple’s CEO, at least 100 SWIFT-connected banks have signed on with Ripple, and the company will take over SWIFT because of using blockchain — the technology of the future.
Ethereum co-founder and ConsenSys CEO Joe Lubin said that blockchain technology is able to change the mindset of the society.
Stellar Lumens (XLM) has managed to win over EOS, becoming the 5th largest cryptocurrency in the world by its market cap.
During the latest conference call meeting, Ethereum developers looked positive on releasing the Constantinople upgrade by the mid of January 2019.
Revolut founder Nikolay Storonsky presents some facts as to how BTC trading volumes have dropped sharply and why the recovery won’t arrive anytime soon.