Day: June 26, 2018

Crypto Market Remains Relatively Stable, Tokens Record Big Gains as Theta Surges 30%

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The crypto market has slightly rebounded by $4 billion over the past 24 hours, providing investors with a breathing room in a major mid-term sell-off and downtrend. In a sideways market, a period in which major cryptocurrencies like bitcoin, Ethereum, Ripple, and Bitcoin Cash barely move but still secure some stability, tokens and small-scale cryptocurrencies tend to perform exceptionally well against both the US dollar and major digital assets. Interesting Trend of Tokens and Their Strong Performances The crypto market is still largely dependent on two major digital assets: bitcoin…

Ripple Price Analysis: XRP/USD Bullish Above $0.47

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Key Highlights Ripple price traded higher and settled above the $0.4700 resistance against the US dollar. Yesterday’s highlighted key bearish trend line was breached with resistance at $0.4720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is still struggling to move above the $0.4950 and $0.5000 resistance levels. Ripple price is attempting an upside recovery against the US Dollar and Bitcoin. XRP/USD should break the $0.5000 barrier for accelerate gains in the near term. Ripple Price Resistance There was a decent upside move from…

Korean Exchange Puts $620K Worth of Crypto At Risk in Leaked Chat

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A new cryptocurrency exchange from South Korea has leaked critical information about 19 users on its platform, which could put some $620,000 worth of a cryptocurrency at risk. According to a report from CoinDesk Korea on Monday, an employee of Bitkoex, an exchange launched in May, posted in a Kakao group chat on last Friday details of the Karma (KRM) cryptocurrency held by the 19 users on the platform. The report said the leaked message contained the email addresses associated with the users as well as the wallet addresses and…

Bitcoin Transaction Fees | Who Decides the Transaction Fee?

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To understand Bitcoin transaction fees, it helps to first understand the method of processing transactions. How does it all work!? Well, it starts with the blockchain and the blocks which store the transaction information (thus making them legitimate). Each block in the Bitcoin network has an artificial size limit of 1 MB and this averages 2020 transactions to fill one block. Also, a new block is mined every 10 minutes – which is 600 seconds. So to calculate an average transaction time the math is straightforward: Number of Transactions Per…