Cryptocurrencies were seeing red early Tuesday, as the global crypto market fell by 10% within 24 hours, from US$218 billion to US$193 billion, as recorded by coinmarketcap.com. Bitcoin was leading the market lower when it dropped to US$6,000 early in yesterday’s trading... Click here.
Crypto is a technology revolution. It’s evolving, improving, expanding and changing. That's why we believe the BIS report on the death knell of bitcoin is wrong.
If crisis hits again, people will flee the traditional system. They'll realise the current system isn’t as safe as they think. They’ll want something else. And crypto will be there, ready, waiting for them.
At the time of writing, shares of Chapmans Limited are up by 14.29%, to 0.8 cents, in today’s trading. Last week, Chapmans raised AU$4.552 million, comprising of AU$1.59 million in equity and AU$2.962 million in unsecured convertible loans due at 30 June. Chapmans used the funding to acquire a 19.99% stake in GPU.One, a profitable data processing and cryptocurrency company.
Litecoin’s biggest challenge is facing problems with widespread acceptance. This is a problem not only litecoin has to deal with, but all cryptos.
The price of bitcoin has plummeted over the past week. Dropping to US$9,453 per token, an all-time low for the cryptocurrency since November 2017. What has caused the drop?
If you bought digital coins in 2017, you would have had a great year. Making more than 12-times your money was as easy as buying a single bitcoin. 2018 might be more of the same.
Charlie Lee, the creator and lead developer of litecoin, has said that he’s sold almost all of his coins. Which comes after the crypto’s rapid gains this year —up 274% in December alone, and 6,894% in the year-to-date.
If you think the mainstream has become addicted to bitcoin, wait until they get their first taste of altcoins. You thought 2017 was big, you ain’t seen nothing yet. 2018 is flat out going to blow the roof off.
Litecoin price has skyrocketed in the last week. Jumping 111% on the back of the bitcoin futures market opening in America. This strong, positive relationship makes sense. Litecoin is essentially a 'spin-off' of bitcoin.