Litecoin Price Surges by 10% Again to $300 as Demand Skyrockets
Over the past 24 hours, the Litecoin price has surged by nearly 10 percent, increasing from below $270 to $300.
Man Accused of Kidnapping, Armed Robbery and Theft of $1.8 Million in Ether
A 35-year-old man has been indicted for orchestrating a kidnapping, armed robbery, and the theft of more than $1.
Ethereum Price Achieves All-Time High at $752, Up 20% in 24 Hours
The Ethereum price has surpassed $752 for the first time in history, recording a staggering 20 percent increase in value over the past 24 hours, led by the US market.
Parity Technologies Suggests Hard Fork To Release Locked Ether
Parity Technologies, having suffered a multi-signature wallet bug that froze hundreds of millions of dollars’ worth of Ether, noted ongoing issues with Ethereum in a recent blog suggesting a course of action to rescue the funds.
What CryptoKitties Reveals About Ethereum Scalability Issues
In case you thought 2017 couldn’t get any weirder, the world is now obsessed with virtual cats.
Ethereum Price Surges by 32%, Achieves New All-Time high at $635
The Ethereum price has surged by more than 32 percent over the past 24 hours, achieving a new all-time high at $635 and a daily trading volume of nearly $5 billion.
Ethereum, Litecoin Prices Headline $20 Billion Altcoin Rally
The cryptocurrency markets achieved another comprehensive advance on Tuesday, but — breaking from recent norms — the bitcoin price was not leading the rally.
Ethereum Price Achieves New All-Time High at $518, CryptoKitties Effect?
Ethereum price has achieved a new all-time high at $518, surpassing its previous all-time high established on November 29, at $514.
MasterCard-Backed Revolut Enables Bitcoin for Cross-Border Payments
A London-based digital payments company is allowing its customers to buy, hold, and exchange bitcoin and other digital currencies through its mobile app.
Bitcoin Cash, Litecoin, Ethereum Price Down by 20% as Cryptocurrency Market Corrects
Bitcoin Cash, Litecoin, and Ethereum price have declined by over 20 percent over the past 24 hours, as the entire cryptocurrency market experienced a major correction.
Bitcoin Cash declined to the $1,200 region for the first time since November 12, while the price of Ether has dropped below $400 after surging to nearly $500 in the past week.
Opinion: Bitcoin Mining Consuming More Electricity Than 159 Countries is a Positive
The Bitcoin network consumes more electricity than 159 individual countries including ireland, a new report by CBS revealed. In contrary to most claims, bitcoin’s massive consumption of electricity is a positive aspect of the cryptocurrency, as it provides more security value to the network.
Proof-of-Work is Important For Bitcoin
Earlier this year, in a response to JPMorgan CEO Jamie Dimon’s baseless condemnation on bitcoin, security expert John McAfee stated on CNBC’s Fast Money that bitcoin is a better store of value and a currency than all fiat currencies including the US dollar, because of its decentralized nature and the resources required to generate or produce new bitcoins.
400% Gains in a Week: Mysterious Cardano Token Skyrockets to Billions
All eyes have been on Bitcoin recently, as the cryptocurrency surpassed the $10,000 historic milestone for the first time in its nine-year history. The cryptocurrency’s rally continued its upward trajectory, up to $11,082 at press time. Its market cap hit $185 billion, and its dominance is currently at 55.2%. The cryptocurrency ecosystem’s market cap recently hit $335 billion.
Ethereum Price Gains Boost Nvidia GPU Sales
Ethereum price hikes are pushing the value of Nvidia, according to analyst Mitch Steeves of RBC Capital. Steeves claims higher Ethereum prices will increase the use of Nvidia GPUs for mining. On Monday, Nvdia shares were up by $1.67, or 0.8%, at $216.60.
Steeves, who has given Nvidia an “outperform” rating, said the payback period of cryptocurrencies has fallen as the prices have risen. The price increases include Ethereum, Monero, Zcash and bitcoin.
$285 Billion: Cryptocurrencies Are Now More Valuable Than Visa
The market valuation of all of the cryptocurrencies combined has surpassed the market cap of leading financial service provider Visa, by $30 billion.
At the time of reporting, the market cap of Visa remains just above $254 billion, while the market valuation of the entire cryptocurrency market is $285.9 billion.
Visa vs Cryptocurrency Market by Numbers
According to the Visa 2016 annual report, the Visa network processes around $5.
Ethereum Price Moves Closer to $500, as New All-Time Highs Achieved
The Ethereum price achieved $483 for the first time in history, moving closer to the $500 mark. Billionaire investor Mike Novogratz expects the price of Ether to surge throughout 2017.
Optimism Around Development
The Ethereum network remains as the only public blockchain that process more transactions than the Bitcoin network on a daily basis.
Ethereum Price Races to All-Time High; Is $500 in Sight?
The ethereum price raced to an all-time high on Friday, fueling speculation that the second largest cryptocurrency will crack the $500 mark before the end of the year.
Ethereum Price Eyes $500
Since breaking past resistance at $310 two weeks ago, the ethereum price has embarked on a seemingly-unstoppable rally. On Thursday, the ethereum price surpassed the $400 mark for the first time since June. Before long it had reached a new all-time high, confirming the recent prediction of billionaire hedge fund manager Mike Novogratz, who forecasted that it would soon reach this milestone en route to a year-end target of $500.
Future Flight: Air New Zealand is Experimenting with a Public Ethereum Blockchain
Air New Zealand, the country’s national airline, is exploring blockchain technology for “a number of potential use cases” including booking and baggage tracking via a partnership with Swiss startup Winding Tree.
In a notable announcement, Air New Zealand has confirmed tapping into blockchain for various applications such as retail airfares, cargo and baggage tracking, securing information and loyalty programs.
Zug Citizens Begin Digital ID Registration on an Ethereum Blockchain
Uport, a self-sovereign identity and user-centric data platform on the Ethereum blockchain, has made its platform available to the citizens of Zug, Switzerland.
The first official Zug identification registered on the Ethereum blockchain before a live audience, Uport recently announced in a Medium blog.
Ethereum Price Achieves New All-Time High at $415
On November 23, the price of Ether, the native cryptocurrency of the Ethereum network, achieved a new all-time high at $415.
With its recent surge in price, the market valuation of Ethereum has moved closer to the $40 billion mark, a market cap that is larger than seven of the 10 largest cryptocurrencies in the market combined, with the exception of bitcoin and Bitcoin Cash.
Ethereum Price Achieves New All-Time High at $415
On November 23, the price of Ether, the native cryptocurrency of the Ethereum network, achieved a new all-time high at $415.
With its recent surge in price, the market valuation of Ethereum has moved closer to the $40 billion mark, a market cap that is larger than seven of the 10 largest cryptocurrencies in the market combined, with the exception of bitcoin and Bitcoin Cash.
Ethereum Rises to $380 and Bitcoin Cash Price Surges by 31%
Today, on November 23, the Ethereum and Bitcoin Cash price rose significantly within a 24-hour period, as the price of Ether surpassed $380 while Bitcoin Cash recorded a staggering 31 percent daily increase.
Bitcoin Cash’s Price Surge
Since last week, the price trend of Bitcoin Cash has demonstrated an inorganic growth rate, as it rose from $800 to $2,900, and fell back to $1,200.
Exit Scam? Ethereum-based Confido Vanishes after Raising $374,000 ICO
Ethereum-based startup Confido, a little-known project that recently raised $374,000 in an ICO from investors in exchange for CFD tokens, has seemingly vanished from the internet, as all its social media profiles and website have been taken down. Investors are now looking into the situation, which points to a potential exit scam.
Confido pitched itself as a blockchain-based app that allowed for smart contracts that acted as an escrow between buyers and sellers during transactions.
Billionaire Investor Novogratz: Ethereum En Route to New All-Time Highs
Mike Novogratz, the billionaire hedge fund investor and former executive at Fortress, believes Ether, the native cryptocurrency of Ethereum, is poised to achieve new all-time highs in the short-term.
“ETH looks poised for a move to new highs. Lots of good news on the horizon,” said Novogratz, emphasizing innovative developments conducted by leading startups including ConsenSys.
South Korea Takes Over as Largest Ethereum Market
Over the past few weeks, the daily trading volume of Ether has increased substantially, primarily led by the South Korean cryptocurrency exchange market.
Prominent VC Investor: Be Aware of ICO Pump and Dump Schemes
Jason Calacanis, a highly regarded venture capital investor who has invested in 150 successful technology startups such as Uber, Evernote, and Swell cautioned investors in the cryptocurrency sector in regards to initial coin offering (ICO) pump and dump schemes.
With several ICOs raising hundreds of millions of dollars in a span of a few days, the ICO market has overtaken venture capital funding, recording more than $3 billion in investment in 2017 alone.
Miami Realtors Bullish On Accepting Bitcoin, List $3.5 Million Condo
Eric Fernandez, owner of Sol/Mar Real Estate, recently listed a $3.5 million penthouse condo at the Blue Diamond in Miami Beach, Fla. saying the owners would accept payment in bitcoin or Ethereum, according to the Miami New Times.
Fernandez believes it is only a matter of time before bitcoin acceptance for real estate purchases gains popularity.
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