Bitcoin Inventor Sued For $10 Billion
A man who claims to have invented bitcoin is being sued for $10 Billion. Read more... #craigwright #bitcoininventor
Litecoin Technical analysis: LTC/USD shows negative signs, trend reversal in sight
Litecoin price is trading at $211 on Wednesday's morning trading session. It opened trading at $217, and an upward trendline followed where it traded at highs of $222. However, the currency failed to maintain the upside gains, and the bears forced it into a descending channel. The current resistance level at $222 is a significant hurdle & the price signals a likely trend reversal. The price seems to be consolidating above the support level. Read more... #litecoin
The Difference Between Bitcoin & Ripple
Bitcoin is still the king of cryptocurrencies, but there are several other cryptocurrencies vying for the throne, and one of them is Ripple. What's the difference between the two? Read more... #ripple #bitcoin #forbes
Bitcoin Brushes $11K as Bull Case Strengthens
After $11,000 this morning, bitcoin is now trading sideways, but could still close the month on a positive note. CoinDesk's Bitcoin Price Index (BPI) clocked a seven-day high of $11,044. Due to the retreat from the intra-day high, the cryptocurrency is now trading largely unchanged on a 24-hour basis, according to data source CoinMarketCap. Read more... #bitcoin #11000 #Coindesk
Litecoin Flys Ahead Of Litepay Launch
LitePay launches today and this has caused Litecoin to be the only cryptocurrency showing steady growth at the moment. LitePay allows merchants and businesses to accept crypto for their services and products. Specifically, Litecoin in this case, as many see it a faster and cheaper alternative to Bitcoin. Read more... #litecoin #litepay
Almost Half of the Cryptocurrency 'ICO's In 2017 Are Already Dead
According to cryptocurrency news site Bitcoin.com, over 1/2 of last year’s ICOs failed before raising funding, and another 276 failed after fundraising. Bitcoin.com also found another 113 projects that it calls “semi-failed,” because their teams have gone off the radar or their community has withered away. Add those, and the failure rate jumps to 59%. Read more... #ico #bitcoincom
Bitcoin plunges below $10,000 as Coinbase agrees to share user details with IRS
The cryptocurrency market, led by bitcoin, plummeted after US-based exchange After Coinbase said it would hand over the data of nearly 13,000 of its customers to the US Internal Revenue Service (IRS), the price of bitcoin dropped below $10,0000. Read more... #bitcoin #coinbase
Cardano wants to beat Bitcoin and Ethereum by starting from scratch
On Oct. 1, 2017 a little known cryptocurrency called Cardano (ADA), showed up on crypto-tracking sites with a market cap of about $600 million. At the time, it was unusual to see a new coin with such a high market cap. But Cardano is an incredibly ambitious product with a strong team and tons of buzz. By the end of the year it's market cap was more than $10 billion. Read more...
Bank of America says that cryptocurrencies pose a competitive threat to their business
In Bank Of America's annual 10-K filing, the bank states that, "Clients may choose to conduct business with other market participants who engage in business or offer products in areas we deem speculative or risky, such as cryptocurrencies," Such increased competition may "negatively affect our earnings" or affect "the willingness of our clients to do business with us." Read more... #bankofamerica #10K #cryptocurrencies
The Iranian Minister Reveals Their Cryptocurrency Plans. Is This The Next Petro?
New statements by Iran's Information and Communications Technology Minister MJ Azari Jahromi, suggest that Iran's central bank is developing a cryptocurrency that would be administered by the state government. He made the announcement on Twitter Wednesday following a meeting with the bank's board of directors. Read more... #iran #petro #cryptocurrency
