Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally

Bitcoin market dominance has fallen to a monthly low of just over 51% of the overall market capitalization while Ripple and Bitcoin Cash have both rallied multiple percentage points over the past week. Bitcoin’s overall value in the cryptocurrency market is an important barometer in the progress of the space as a whole. If Bitcoin The post Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally appeared first on CCN

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Newsflash: Bitcoin Price Drops $380; Ethereum, Ripple (XRP) Plunge 9%

Cryptocurrency analysts had predicted that the bitcoin price was about to break away from its $6,550 peg, and those predictions came true early Thursday morning. Unfortunately for investors, though, this movement did not occur to the upside. After briefly making a push toward $6,700 earlier in the week, the bitcoin price was holding steady between The post Newsflash: Bitcoin Price Drops $380; Ethereum, Ripple (XRP) Plunge 9% appeared first on CCN

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Blockchain Has ‘Staggering’ Possibilities, Pres. Bill Clinton Tells Ripple Conference

Ten years ago this month, pseudonymous developer Satoshi Nakamoto published the whitepaper for a new piece of technology that sought to upend the global financial system: “Bitcoin: A Peer-to-Peer Electronic Cash System.” There’s perhaps no clearer sign of the degree to which the Nakamoto revolution has begun to take hold than that yesterday, on Oct. The post Blockchain Has ‘Staggering’ Possibilities, Pres. Bill Clinton Tells Ripple Conference appeared first on CCN

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Did Ethereum Bottom Out at $170? Worst Part of ETH Drop May be Over

On Sept. 12, Ethereum (ETH) dipped below the $170 mark, dropping to $166 to hit its lowest point of the year. Since then, within a 30-day period, ETH has shown promising recovery in its volume and momentum, rebounding from $166 to $230. Last week, on Sept. 23, the Ethereum price achieved $255. Worst Part of The post Did Ethereum Bottom Out at $170? Worst Part of ETH Drop May be Over appeared first on CCN

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‘Ripple for Good’: Ripple Commits $100 Million to Social Giving Program

Blockchain payments giant Ripple has formally announced its social impact program ‘Ripple for Good’, with donations to exceed $105 million for a number of projects already underway. In an announcement today, the San Francisco-based fintech firm said the social giving program will focus on educational projects that further financial inclusion around the world. Ripple for The post ‘Ripple for Good’: Ripple Commits $100 Million to Social Giving Program appeared first on CCN

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‘Pixie Dust’: Anti-Crypto ‘Expert’ Tells British Govt. Blockchain Is Just a Fad

On Tuesday, a director of a leading think tank stood before the British Parliament’s Treasury Select Committee and called out blockchain technology as “magic wand, pixie-dust things” that is a “fad” and “a distraction from looking at getting some of the basics rights” in the banking industry. Martin Walker, the director for the non-profit Center for The post ‘Pixie Dust’: Anti-Crypto ‘Expert’ Tells British Govt. Blockchain Is Just a Fad appeared first on CCN

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5 Payment Firms Adopt Ripple’s xVia API Solution

Ripple has announced five new customers for its xVia API solution, enhancing these companies’ access to the rapidly expanding global payments market. The companies include FairFX (U.K.), RationalFX (U.K.), Exchange 4Free (U.K.), UniPay (Georgia) and MoneyMatch (Malaysia), Ripple announced on its website. xVia provides an easy way for financial institutions and businesses to send payments The post 5 Payment Firms Adopt Ripple’s xVia API Solution appeared first on CCN

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