Bitcoin (BTC) Price Update: What is Causing the Fall Below $8,000?

Bitcoin (BTC) Price Update: What is Causing the Fall Below $8,000?

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Bitcoin flashed crashed to $7,791.23 early this morning as Asian markets opened, dragging the price down by almost 10 percent and wiping $12 billion of the market cap. Early yesterday it looked set to have a good week after opening strong and climbing throughout the day to a high of $8,6 ...
Ripple (XRP) Price Holding On to $0.42 with New Exchange Listing

Ripple (XRP) Price Holding On to $0.42 with New Exchange Listing

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The price of Ripple's XRP cryptocurrency token took a hard hit yesterday when it fell sharply from $0.47 to $0.40 within a matter of minutes. The collapse wasn't unique to XRP, with Bitcoin (BTC), Ethereum (ETH) and other coins taking similar dives, wiping a total of $28 billion dollars ...
Ripple (XRP) Heading for New Yearly High, Could Break Above $0.50

Ripple (XRP) Heading for New Yearly High, Could Break Above $0.50

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The price of Ripple's XRP token is taking off again after mildly retracing from the weekend's gains. Late Sunday evening (UTC) XRP, along with the majority of cryptocurrencies, enjoyed a decent price hike that almost broke its yearly high of $0.48. A strong correction threatened to take ...
Bitcoin (BTC) Price Rally Stalls, Volatility Reaches New Highs

Bitcoin (BTC) Price Rally Stalls, Volatility Reaches New Highs

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After a decent rally this past weekend that saw Bitcoin surge by 10 percent, the price leveled off and has now begun to retrace. On Sunday Bitcoin quickly increased in price from below $8,000 to $8,944, where it faced strong resistance and begun to trade sideways in the $8,750 range. Thi ...
Ethereum ‘Whales’ Bring Decentralization into Question

Ethereum ‘Whales’ Bring Decentralization into Question

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A recent study by Chainanalysis Inc on the congestion of wallets concluded that the distribution of Ether was not as spread out as we would like to think, with just 376 people holding an estimated 30% of the token. That’s a lot of Ether to be held by a relatively small number of people. ...

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