Ripple Surges 8% as Crypto Market Adds $4 Billion Overnight

Twitter Facebook LinkedIn Over the last 24 hours, Ripple (XRP) has surged by more than 8 percent to $0.51, as the valuation of the crypto market increased by $4 billion from $181 billion to $185 billion. On November 15, the valuation of the crypto market fell by $27 billion from $210 billion and a recovery to the $200 billion mark could require weeks to months of stability. As one cryptocurrency technical analyst explained, “BTC bulls trading in defense after recent drop below key support, now need a powerful comeback to…

Why Did BAT Lose 28% of its Value Overnight After Coinbase Listing?

Twitter Facebook LinkedIn Since November 8, within a 48-hour period, Basic Attention Token (BAT) lost 28 percent of its value following a high profile Coinbase listing. On Friday, as CCN reported, BAT declined by around 20 percent against the US dollar. In the last 24 hours, BAT dropped by yet another eight percent, recording a 28 percent decline in value in a two-day span. The substantial drop in the price of BAT follows the official integration of the digital asset by Coinbase, the largest fiat-to-crypto exchange in the global market.…

ICO Exit Scam? 13,000 Ethereum (ETH), Crypto Startup Disappear Overnight

South Korean ICO Steals $2.7 Million In Ethereum (ETH) Although the fear of scams in the nascent crypto industry is often well overblown, on Friday, reports arose that an apparently South Korea-based crypto-centric startup pulled a devastating exit scam on its private sale investors, stealing thousands of Ethereum (ETH) in the process. Korean Cryptocurrency & Blockchain News (BlockchainROK), a well-respected source inside and outside of the nation’s local crypto ecosystem, took to Twitter to convey the news to their followers, issuing a message on the subject matter. ?? – New…

Ethereum Spikes 16% Overnight to $220, Crypto Market Hits $204 Billion

ETH, the native cryptocurrency of Ethereum, has surged by more than 16 percent overnight, rebounding $224. Within 48 hours, the price of ETH surged from $168 to $224, by more than 33 percent. While ETH has retraced slightly to $215, the second most valuable cryptocurrency in the market has found a breathing room that may enable it to find momentum. It is early in the corrective rally of ETH to definitively conclude that ETH has initiated an upside movement. But, investors in the market are optimistic as the valuation of…

IoT Crypto VeChain Price Surges 50% Overnight, Factors Behind the Spike

VeChain, a China-based Internet of Things (IoT)-focused crypto, has surged by more than 50 percent in value within the past 24 hours. Analysts have attributed the increase in the price of VeChain to the successful series of partnerships the team has been able to secure since earlier this year and the improving momentum of tokens in the global cryptocurrency market. Major Partnerships VeChain/USD | Source: TradingView In May, CCN reported that Pricewaterhousecoopers, a “Big Four” auditor better known as PwC, acquired stake in the Chinese cryptocurrency with the intent of…

Crypto Market Suddenly Adds $26 Billion Overnight, Bitcoin and Ether Surge 11%

The crypto market has added more than $26 billion in the past 24 hours, as major assets including bitcoin, Ethereum, and Bitcoin Cash rose by more than 10 percent. Bitcoin, Ethereum, and Bitcoin Cash are Today’s Big Gainers Major digital assets recorded large gains on June 30, as the volume of the crypto market suddenly surged by several billions dollars. With bitcoin and Ether, the native cryptocurrency of the Ethereum blockchain protocol, leading the market with solid 11 percent gains, other large digital assets such as EOS, Stellar, Cardano, IOTA,…