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XRP has been on fire for the last 48 hours. In fact, yesterday, the coin briefly took Ethereum’s place as the second largest cryptocurrency per market capitalization after it surged by 20%. While the cryptocurrency is currently correcting lower. This move is another evidence that it is indeed a worthy competitor and the effort by Ripple and the entire XRP community is reflecting on the coin. Why Did XRP Surge? There are two speculations regarding why the price of XRP surged. For starters, the leading cryptocurrency per market capitalization, Bitcoin was green against the USD. Everyone know this has a ripple effect on other coins. Secondly, XRP has had strong fundamentals for the past few months. Ripple Labs has been working tirelessly to promote mass adoption of its technology and the XRP token. XRP (XRP) Price Today – XRP / USD Name Price24H (%)$0.458824 -0.22% Ethereum, the long-time second largest cryptocurrency per market capitalization had fallen from $1,400 to $215 within this..
[the_ad id="35962"] [the_ad id="35975"] The weekend looks rosy for cryptocurrencies as most coins started trading in green against the USD this morning. Hopefully, they will aim for higher highs between now and Sunday. If this happens, the whole of next week is most likely going to be bullish for altcoins. How Is IOTA (IOT) Doing Against The USD? IOTA has been on the news lately. Recently, Blockport, a cryptocurrency exchange that intends to bridge the gap between the cryptocurrency industry and traditional financial institutions said that it is making plans to list IOTA. This listing is going to aid in the adoption of IOTA. Main while, the price of IOTA is trading in green against the USD and against Bitcoin. While it is relatively stable, the price action shows that this weekend is going to be positive for the coin. Right now, the altcoin is trading green against the USD at $0.493489. This shows that it is up by 0.69% against the USD and up by 0.81% against Bitcoin. SEE ALSO: Over..
Losses caused by crypto exchange hacks hit $927 million in the first nine months of 2018, already 250 percent higher than throughout all of 2017. Losses caused by cryptocurrency exchange hacks hit $927 million in the first nine months of 2018, already 250 percent higher than throughout all of 2017, Reuters India reports October 10. Reuters cites a Crypto Anti-Money-Laundering (AML) report for Q3 2018 from crypto intelligence firm CipherTrace, which pitted the $927 million figure against last year’s $266 million total. According to the report, “smaller” thefts of crypto worth between $20-60 million are also steadily rising, hitting $173 million in the third quarter. Reuters interviewed CipherTrace CEO Dave Jevans, who is also chairman of the global anti-cybercrime organization, the Anti-Phishing Working Group. Jevans told the agency that the real figures are likely to be 50 percent higher than those that were successfully traced in the report, emphasizing that CipherTrace is “aware of”..
After a week that saw the massive declines of most coins in the market, the market is in a better state. Yesterday, most of the digital currencies in the market were deep in the green. Litecoin (LTC), XRP (XRP), and Bitcoin (BTC) saw a slight increase in their values. This also contributed to an increase in their market caps. Litecoin (LTC) Surges by Almost Three Percent in 24 Hours Over the past 24 hours, the value of Litecoin (LTC) has seen an increase of about three percent. The recent price trend of the coin seems to be attributed to the reports made by BitMEX. BitMEX reported that it is having some technical issues with its trading platform. BitMEX is a very popular digital currency trading platform in the crypto market. The trading platform also lets users operate with margin: allowing for something similar to “short trading” on the platform. SEE ALSO: Litecoin (LTC)’s Founder Explains How Lightning Network and Bitcoin Promote Satoshi’s Original Concept Litecoin (LTC) is one o..
It’s a new month for trading cryptocurrencies and things are looking bright for the first day of the month. The price of Cardano moved above the support at $0.0840 this morning. It also moved above the 100 hourly simple moving average. A significant bullish trend line with support at $0.0840 was formed and the charts show that the price may correct lower towards the $0.0800 level today before the bulls show up. Downside corrections are often necessary for upward momentum so there is no need to be alarmed. The cryptocurrency was bullish this morning not just against the USD but against Bitcoin as well. After the downside correction, it will most likely move as high as $0.0900. SEE ALSO: Monero Cryptocurrency Mining Malware Disrupts Government Site $75M raised already. Hurry up! Neluns ICO Ends in just 1 day! Up to 35% extra-bonus. Don't Miss Out! Cardano (ADA) Price Today – ADA / USD Name Price24H (%)$0.084448 -1.87% Yesterday, Cardano fell as low as $0.0745 after which it starte..