Bitcoin jumped more than 14% to an unprecedented peak after Tesla announced that it had invested nearly $ 1.5 billion in cryptocurrency last month. And that news raised Bitcoin to exceed 44 thousand dollars. The electric car maker revealed the investment ten days after its CEO, Elon Musk, added the …
Read More »Bitcoin Shows Recovery Signs and Ether Gives Up Record High
Bitcoin rose on Monday, reducing its recent losses that came amid a strong correction wave and selling pressures that brought the price of the world’s largest digital currency below $30,000. Over the past 24 hours, Bitcoin rose by about 3% to near $32,600, cutting its losses over the past seven …
Read More »Coinbase to Halt XPR Trading after SEC Suit Against Ripple Labs Inc.
The Securities and Exchange Commission (SEC) has accused Ripple Labs Inc. of unlawful issuance of securities in the form of sales for XRP (XRPUSD), by selling more than $1 billion of the virtual tokens without registering with the agency. Later, Coinbase announced that it will halt all XRP trading starting …
Read More »Ethereum Price Breaks $600
Ethereum is currently trading at $601 after finally breaking the psychological barrier at $600 for the first time in two years.
Read More »Ethereum Transactions Hit All-Time High
The number of Ethereum transactions on blockchain recorded its all-time daily high on Thursday, Coin Telegraph reported. Daily transactions reached 1.406 million yesterday, as shown by data from Etherscan.
Read More »Ethereum Average Transaction Fees at Record High
The average fee for Ethereum transaction increased to a new record high of $7.50, Coin Telegraph reported. The rise in fees is attributed to increased interaction with stablecoins on the Ethereum network. Ethereum rose by around 2.47% during the past 24 hours, as it is now trading at $394.68.
Read More »Ripple Facing Lawsuits for Selling XRP in Securities Offering
Ripple is being sued for selling its XRP token in an unregistered securities offering, the Coin Telegraph reports. A number of class-action lawsuits have been reportedly filed against Ripple in recent months. In addition, former Chairman of the Commodity Futures Trading Commission (CFTC), Chris Giancarlo, is arguing in a recently …
Read More »Leading Cryptocurrencies Trading Lower on Thursday
The top cryptocurrencies showed a decline over the past 24 hours, despite an improved risk appetite across most global markets. Bitcoin is currently trading at $9,110, down by 1.81%, while Bitcoin Cash is down by 2.32% at $220.72. Ethereum decreased by 1.88%, trading at $227.36. Tether and XRP are down …
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