Ripple (XRP) Briefly ‘Flippens’ Ethereum to Become 2nd-Largest Cryptocurrency

Twitter Facebook LinkedIn Ripple (XRP), long the world’s third-largest cryptocurrency, capped off an impressive single-day rally with a foray onto the market’s silver podium, briefly evicting ethereum (ETH) from the market cap ranking it has long called home. Ripple (XRP) Challenges Ethereum for Silver Podium The rally, as CCN reported, saw the ripple price rise …

86% of ICO Tokens Worth Less than at First Crypto Exchange Listing

Global professional services firm Ernst & Young (EY) has released a report on the performance of ICOs over the last year, and in keeping with the bear market for cryptocurrency assets, the trend was predictably downward. Just 10 Tokens Count for 99% of All ICO Gains EY released a report on ICOs back in December 2017, …

Tether Has Yanked $610 Million out of Circulation this Month

Tether Limited, issuer of the dollar-pegged cryptocurrency tether (USDT), has yanked nearly a quarter of the controversial stablecoin’s market cap out of circulation since the beginning of October. On Wednesday, cryptocurrency exchange Bitfinex sent another 50 million USDT to the Tether Treasury, marking the sixth time this month that the company — which shares a …

Tether Has No Real Impact on Bitcoin price: University Researcher

Contrary to the somewhat-popular idea that tether (USDT) issuance is used to manipulate crypto markets by boosting the price of bitcoin, a new academic study by researcher Wang Chun Wei of the University of Queensland Business School shows that the most widely-used stablecoin in fact has a negligible effect. Tether and the 2017 Bitcoin Price …

Cryptocurrency Market Slump Sees $642 Billion Dumped So Far in 2018

The cryptocurrency market capitalization on September 12 established a new yearly low near circa $187 billion. The drop amounts to a total of $642 billion that has vanished from the market since its all-time high near $829.96 billion. Almost all the leading coins, including Bitcoin, Ethereum, Litecoin, and Ripple, are in the process of forming …

Dash Breaks Bear Paralysis as Strong Fundamentals Add 25% Gains

Dash on Saturday continued to trend upwards amid a strong buying sentiment phase that started mid-week. The DASH/USD pair on Wednesday has established its weekly low towards 156.60-fiat. After that, the pair underwent a decent recovery towards 186.70-fiat intraday high, crossing through crucial resistance areas during the Thursday’s trading session. The sentiment continued to flourish …

Monero Headed to $18k, Ripple Price Primed for 97% Crash: Research

Anonymity-centric cryptocurrency monero may be the best buy in crypto right now, and bitcoin’s not far behind. The ripple price (XRP), on the other hand, could be primed for a historic crash. Bitcoin, Monero Have Bright Futures That’s according to a new report from initial coin offering advisory and research firm Satis Group, which attempts …

IOTA Price Jumps 21% after Partnership with Japanese IT Giant Fujitsu

The IOTA price today jumped 21 percent against the US Dollar owing to a strong push from Japan. Fujitsu, a Tokyo-based multinational IT equipment company, released a paper explaining the use of IOTA-focused blockchain as an immutable data storage medium for their audit trail process.  The IT giant expects to integrate IOTA into its manufacturing …