Crypto Tidbits: Bitcoin Above $10,000, Facebook Launches Libra, Ripple & Moneygram Team Up

Another week, another round of Crypto Tidbits. To say that Bitcoin (BTC) is back may seemingly be a bit of an understatement. In the past week, the leading cryptocurrency has rallied by more than 20%, moving from sub-$9,000 levels to $10,800 as of the time of writing this. Momentum is clearly in the bulls’ court. Altcoins, interestingly, have underperformed the market leader. Instead of rallying alongside Bitcoin, most crypto assets, save for Ethereum, have fallen against BTC, losing steam as all eyes center on “digital gold”. Price action aside, this…

Up 15.1%, Ripple (XRP) Likely To Emulate BTC’s Performance

Ripple (XRP) up 15.1 percent Widespread use of xRapid is the only insurance for XRP investors Armed with solutions that speed up processes, Ripple may replace SWIFT. Use of xRapid draws demand. For XRP investors, widespread adoption is the only route for better prices. Expectedly, demand for XRP will fuel the next wave, propelling prices out of this 10 cents range towards 60 cents or higher. Fundamentals There is hype around Libra and Facebook’s Libra. Supporters argue that Ripple will  weather through Libra disruption and cement its position as a…

Crypto and Blockchain in Charity

The technology that underpins cryptocurrencies has been gradually entering the charity sector, purportedly providing more transparency and trust to the industry — especially given a decrease in people’s trust in charity organizations, where the public is increasingly concerned about how charities spend raised money. Governments and blockchain projects embrace charity space Governments around the world have been showing increasing interest in blockchain deployment and digital currency adoption for philanthropy, although few of them have implemented clear regulations toward the new type of currency at the legislative level. Recently, the British…

Bitcoin Price Smashes Past $11,000 – Should Traders Fear a Dump?

By CCN Markets: The bitcoin price rally refuses to let up, and the dominant cryptocurrency just soared above $11,000 for the first time since March 2018. Bitcoin Price Rushes to 15-Month High Around 12:00 UTC, investors bid the bitcoin price up to $11,215.89 on US cryptocurrency exchange Coinbase. The move pushed the asset up by 13 percent for the day, launching its month-to-date gains above 30 percent. The past 24 hours also saw bitcoin’s “real 10” volume, which eliminates suspicious trades, swell to $2.58 billion. Bitcoin Surges Past the $11,000…

Why the Bitcoin Halving is Bullish for Every Single Cryptocurrency

By CCN Markets: The old adage “a rising tide lifts all boats” appears to be more applicable to the crypto market than perhaps any other asset class. Need proof? Just look at the resounding impact the looming bitcoin halving is having on virtually every major cryptocurrency. The Halving is Bullish for the Bitcoin Price For those who are not familiar, the bitcoin halving is a much-anticipated event in which BTC block rewards are reduced by 50 percent. One halving happens every four years. From an economic standpoint, the bitcoin halving…

North Queensland’s Bitcoin Cash City Is Hosting a BCH-Focused Conference

A BCH-centric two day event is coming to North Queensland Australia, dubbed the Bitcoin Cash City conference, on Sep. 4-5, 2019. The massive Australian state has a densely populated region of around 78 BCH accepting merchants and a large number of bitcoin cash supporters residing in the area. The Bitcoin Cash City event will host a wide array of BCH developers, luminaries, and business executives in order to support the idea of providing peer-to-peer electronic cash for the masses worldwide. Also read: Hayden Otto Discusses the Rise of North Queensland’s…

North Queensland’s Bitcoin Cash City Is Hosting a BCH-Focused Conference

A BCH-centric two day event is coming to North Queensland Australia, dubbed the Bitcoin Cash City conference, on Sep. 4-5, 2019. The massive Australian state has a densely populated region of around 78 BCH accepting merchants and a large number of bitcoin cash supporters residing in the area. The Bitcoin Cash City event will host a wide array of BCH developers, luminaries, and business executives in order to support the idea of providing peer-to-peer electronic cash for the masses worldwide. Also read: Hayden Otto Discusses the Rise of North Queensland’s…

ETH Hits 10-Month High as Crypto Markets See Solid Green

Monday, June 17 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) passed the $11,100 mark. Market visualization courtesy of Coin360 Bitcoin is currently up over 13% on the day, trading around $11,154 at press time, according to Coin360. Looking at its weekly chart, the coin is up over 22%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported earlier today, bitcoin crossed $11,000 in under 24 hours after crossing $10,000. Ether (ETH) is holding onto its position as the…

Bitcoin Bulls Relentless, BTC Soar Past $11,000 In A Reminder of Q4 2017

Bitcoin (BTC) prints new 2019 highs Eventually, blockchain based platforms will replace legacy bank-based systems Overly, there is a changing view of what Bitcoin is. The entry of Facebook could open doors for Wall Street corporations. Because of this possibility, Steven Eliscu of DMG Blockchain now says blockchain systems will eventually “supplant legacy bank-based systems.” Meanwhile, BTC prices are trading above $10,500 and 27 percent higher from last week’s close. Bitcoin Price Analysis Fundamentals Trading above $11,000, BTC rally is parabolic. It is a continuation of a streak that began…

Bitmain Resurrects IPO Plans amidst Bitcoin Price Surge

Bitcoin mining behemoth, Bitmain, may likely revive its initial public offering (IPO) plans following bitcoin’s price surge. According to a Bloomberg report on Jun 21, 2019, the company this time around, would be making its filing in the United States instead of Hong Kong. BTC Hike Unfreezes Bitmain IPO Plans Anonymous sources have revealed that the Chinese mining chips manufacturing giant, Bitmain, is planning to unfreeze its IPO plans. Bitmain had a tumultuous 2018 following bitcoin’s price crash in Q3 and the general bloodbath in the cryptocurrency market. This saw…