The cryptocurrency ecosystem is definitely changing with altcoins rising in value and endangering the indisputable leadership of Bitcoin.
Bitcoin has recently been the focus of media and investors attention as both a long-term safe haven asset and digital currency.
The exchanges decided to resume withdrawals as the People’s Bank of China made it clear they are not forbidden.
A recent reversal in the return premium of ETH vs. ETC due to buying by Bitcoin holders means that ETC now looks exceptionally cheap.
A consensus on how to increase the blockchain network capacity has finally been reached, pushing the price of the digital currency to a new record high.
Bitcoin keeps on surging – in total, the cryptocurrency has risen over 33 percent for the last month.
Bitcoin price decreased to $309 after a flash crash on the bitcoin trading platform BTC-e.
The value of bitcoin has grown over $600, which is a 7% increase in the last 24 hours and 34% in May.