Day: June 18, 2018

Ripple Price Analysis | Are We in a Bear or Bull Trend?

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When it comes to Ripple, there are two things people want to know the most. Either they are looking for a Ripple price analysis, or they are looking to see if Ripple, the software company, announced anything new. Today, we are going to focus primarily on XRP’s market performance. Ripple Price Analysis: June 18, 2018 Over the weekend, XRP saw some losses. The Ripple price avoided massive drops but did spend the Sunday trading session in a tight range. Yesterday, XRP opened at $0.535 and finished the day at $0.528.…

Freedom of the Press Foundation Accepts Cryptocurrency Donations

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As of this Monday, June 18, 2018, the Freedom of the Press Foundation accepts cryptocurrency donations. But what tokens is it accepting? Freedom of the Press Foundation Accepts Cryptocurrency Donations The non-profit helps journalists to report on issues such as the “mismanagement, corruption, and law-breaking in government.” The foundation has announced that it is accepting Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and Zcash (ZEC). The foundation hopes to add more cryptocurrencies in the future, but currently, donations can be made to the digital wallets that have been added to…

Bitcoin Price Watch | BTC/USD Moves Up Slightly, Approaching $7,000

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Bitcoin price watch: Bitcoin price stayed above $6,500 on Monday and moved slightly up, reaching a high of $6,850 earlier this morning, its highest level since last Tuesday. The cryptocurrency managed to stay steady for the past week, trading mostly in the $6,400-$6,600 price range. Bitcoin also received a boost following news that users of the ‘Cash’ mobile payments app could trade the digital currency in New York. Cash is owned by Square, which was granted a virtual currency license by New York’s Department of Financial Service on Monday. The app currently…

Binance Backs Malta Stock Exchange’s Startup Accelerator

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The Malta Stock Exchange announced today that Binance, one of the world’s leading cryptocurrency exchanges, is backing its newly launched program to support fintech startups and entrepreneurs. Known as a tiny archipelago between Sicily and the North African coast, Malta, along with several other microstates including Bermuda, Liechtenstein, Gibraltar and San Marino, have joined the race in the recent years to attract blockchain and crypto businesses. The MSX Fintech Accelerator is aimed at creating an ecosystem to nurture and support crypto startups and entrepreneurs, according to the Malta Stock Exchange’s announcement.…

Origin Token to Raise $6 Million in CoinList Investor ICO

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Decentralized marketplace startup Origin Protocol is looking to expand its audience, as well as raise more capital, through a compliant token sale. Announced Monday in a press release, Origin has set a target of $6.6 million for the offering, with SEC-registered CoinList Capital acting as the issuing platform and advisor to investors. Origin co-founder Josh Fraser said that, more important than the money, will be the opportunity to grow its network with endorsement from CoinList, an AngelList spin-off. The startup wants “as many people to participate as possible,” he told…

A16z Leads Investors in $20 Million Token Presale for Crypto Assets Platform

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Asset tokenization platform TrustToken just raised $20 million in a strategic token sale with the help of major venture corporations, including Andreessen Horowitz (a16z). The startup announced Monday that the cash raised in the funding effort, which was also backed by BlockTower Capital and Danhua Capital, will be used to continue developing its platform, which seeks to list different tokens backed by physical assets, according to a press release. TrustToken has so far released one such token already – a “stablecoin” called TrueUSD, according to the release. In a statement, TrustToken…

Cryptocurrency Market Declines $5 Billion, Bitcoin Fairly Stable at $6,450

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The cryptocurrency market has dropped by $5 billion over the past 24 hours, from $282 billion to $277 billion. Most major cryptocurrencies including Bitcoin have declined by 1 to 2 percent but did not demonstrate any major movement on both the upside and downside. Bitcoin and Ethereum outperformed the top 10 cryptocurrencies with a slight loss of 0.8 percent, while Ripple, Bitcoin Cash, EOS, and Cardano experienced a loss of around 2.5 percent. Where Does Bitcoin go Next? Over the past 24 hours, the Bitcoin price dipped below $6,390, briefly…

Bitcoin Recovery Stalls Raising Risk of Price Drop

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Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears. The cryptocurrency found acceptance above the key resistance of $6,425 (April 1 low) in the second half of last week, raising the prospects of a corrective rally towards the $7,000 mark. Further, while a fall to $6,000 following a bear flag breakdown on Friday seemed likely, losses were unexpectedly cut short at $6,300, signaling bearish exhaustion. Yet, the leading cryptocurrency did not find any takers…