The cryptocurrency market has been in a bloodbath for much of 2018 as a myriad of factors continue to exert bearish influence on the market. In the year-to-date period, the price of Bitcoin has declined more than 74% from about $13,700 to around $3,500. The market cap of the entire cryptocurrency industry has also declined more than 68%% from $768 billion to around $107 billion. The bearish trend in the cryptocurrency market has triggered a selloff that is causing many cryptocurrency traders to lose money; hence, many people who are interested in cryptocurrencies are cautiously staying on the sidelines. A...
Latest Cryptocurrency News & Guides
Daily Cryptocurrency News – 11th December 2018
Here are the most important crypto news of December 11th, 2018: Cardano (ADA) Blockchain Now Have Two New Smart Contracts Tools Developed by IOHK IOHK, the blockchain research and development firm, announced on December 11th 2018 the launch of two new tools for Cardano (ADA). These two tools will be used to write smart contacts for the Cardano blockchain and they’re named : Plutus and Marlowe. Right now, these are just in the testing phase.The main purpose of these would be to help start-up, financial services and others to create smart contracts for the Cardano network. Plutus offers a general...
British MP Opens Possibilities Of Tax Payments in Bitcoin
Politicians may not be Cryptocurrency’s best friends given its freedom of payments however there are a few that are clear Cryptocurrency enthusiasts. One such politician is UK Conservative Member of Parliament (MP), Eddie Hughes. Hughes stated that Members of Parliament (MP) need to understand the technology of Blockchain and Cryptocurrencies. He believes that revolutionary technology is the future. He further expressed that taxes should be paid with Bitcoin. It was in reference to the British charity called Royal National Lifeboat Institution (RNLI) accepting Cryptocurrency donations. The Crypto supportive MP cited that Cryptocurrencies will be used widely once people understand how...
Coinone Hops on the Ripple Bandwagon
Coinone Transfer, which is a subsidiary of Coinone has launched its first Blockchain powered mobile payments application. It will use Ripple’s technology in ensuring faster and cheaper transactions. Coinone, being a South Korean company has targetted efficient transfers from South Korea to and from Philippines and Thailand. It has enabled connections formed with Siam Commercial Bank (SCB) in Thailand and Cebuana Lhuillier in the Philippines. Given that immigrants form 3.4% of South Korea’s population according to 2016 September statistic which equals to about 1.76 million an efficient remittance service is needed in the country. It will help both immigrant users...
Daily Cryptocurrency News – 10th December 2018
Here are the most important cryptocurrency news of December 10th, 2018. Bitcoin Unique Wallet Addresses Up 50% Amidst Bear Market The Bitcoin mania from 2017 may have ended, but that doesn’t mean that people are no longer interested in Bitcoin or other cryptocurrencies. Even with an 82% lost of its peak value and a trading price of $3,500 – the king of cryptocurrencies now have 50% more users. Crypto trade Ran NeuNer was the one that noted this first today and his metric for this is the stats from the famous Bitcoin wallet – Blockchain.com. The drop in prices hasn’t...
Dash Brushes Off Skeptics – Claims It’s Going Strong
Dash a cryptocurrency making a mark especially in Latin America has brushed aside all negativity about it facing issues. The main reason for this scepticism was the silence of Dash’s main team Dash Core Group (DCG). A recent Medium post by the CEO of DCG, Ryan Taylor has finally confirmed that Dash is going steady. Taylor explained that Dash has sufficient capital/fiat buffer and so can face the current bear market. The size of DCG’s cash buffer was estimated at $1.79M at the time of the recent quarterly earnings call on November 12th 2018. He also brought into light the...
How Will Bakkt & Bitcoin ETFs Influence The Cryptocurrency Industry
As 2018 is coming to an end, people are preparing for the future improvements that cryptocurrency needs to be a safe place for the investors. Among the most important and discussed things in 2018 – There’s the launch of Bakkt and a Bitcoin ETF in USA. Both of them are expected to be live in 2019, but how could these change the cryptocurrency industry? Why are people waiting for them? What is Bakkt Exchange and Bitcoin ETF? Bakkt Exchange, a business that will launch in a few weeks, is a cryptocurrency platform which will offer a broad list of services...
Daily Cryptocurrency News – 9th December 2018
Here are the most important cryptocurrency news of 9th December 2018: Brave Browser Is Now The Default One For HTC Exodus The new HTC Exodus is apparently going full crypto. In order a better space for its users, HTC Exodus will use Basic Attention Token’s browser : Brave. The news were presented on 8th December 2018 by Brendan Eich, the Brave’s Founder. We are very happy to have @Brave as default browser & to be working with HTC on their Exodus phone: https://t.co/J5WQrqODKa — BrendanEich (@BrendanEich) December 8, 2018 The first version of HTC Exodus will have a 6 inch...
Daily Cryptocurrency News – 8th December 2018
Here are the most important news of 8th December 2018: Binance CEO Believes Crypto Will Rise Faster Than Nasdaq The crypto crash of 2018 was tough and a lot of people were affected. After its 1300% in 2017, Bitcoin dropped 90% this year. But there are some people that think whats most important is to look forward to a brighter future. Changpen Zhao, the Binance CEO, thinks that Bitcoin will come back again, same as he did so many times in the past. It’s just a matter of time and patience will be rewarded. Over the dotcom bubble, Nasdaq lost...
Venezuelans To Enjoy KFC Through Dash Payments
Venezuelans will soon be able to use Dash to pay for buying the popular fried chicken and other delicious food in KFC. The first KFC that will start accepting Dash is the one situated in the Chacao Municipality in Caracas. It will then spread to the remaining 24 locations of KFC. It has not been as easy for Dash to get KFC on board, with three months of negotiations by Alejandro Echeverría, the co-founder of Dash Help, Dash Merchant Venezuela and Dash Text. Echeverría has proved to be a dedicated member of the DASH community being laser-focused on Dash adoption. KFC,...
