Bitcoin Cash Price Drops 12% to All-Time Low at $190, What’s Causing it?

Twitter Facebook LinkedIn Since November 7, the Bitcoin Cash price (BCH) has dropped from $640 to $190, by more than 70 percent. Prior to the hash power war between Bitcoin Cash and Bitcoin Cash SV, a camp led by CoinGeek, Calvin Ayre, and Craig Steven Wright, the price of BCH plunged from $640 to around $450. …

Tether Market Cap Now Sub-$2 Billion as Coinbase Joins Stablecoin Sprint

Tether (USDT), the controversial USD-backed cryptocurrency that has long been the most popular “stablecoin,” continues to shed market share in the wake of its descent below dollar parity. Tether Market Cap Drops to January Low The tether token, which as recently as Oct. 9 had a market cap of $2.8 billion, now has a total …

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 …

Stablecoins Won’t Fix Bitcoin’s Instability: Berkeley Prof.

Prof. Barry Eichengreen, an economics professor at UC Berkeley, in an op-ed published in The Guardian, said he believes stablecoins such as tether (USDT) might be stable in value and attractive as units of account, but they are flawed. His piece comes on the heels of the launch of the Gemini dollar (GUSD) by the …

Ripple Market Cap Surpasses $100 Billion as XRP Hedge Fund Goes Live

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The ripple price rose 15 percent on Wednesday, enabling XRP to become the second cryptocurrency to achieve a $100 billion market cap. Ripple Price Surge Raises XRP Market Cap to $100 Billion The ripple price defied expectations throughout 2017, rising nearly 30,000 …

Stellar Lumens Up 50%, Surpasses Litecoin at $16 Billion

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Stellar Lumens investors are entering the new year with healthy portfolios and a positive outlook.  The asset rose nearly 50% overnight between Tuesday and Wednesday, raising the price per Lumens to $0.83 at press time. Stellar Knocking on the Door of the …

Ripple Becomes First Cryptocurrency After Bitcoin to Surpass $100 Billion

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Ripple has achieved a historic milestone on January 3, becoming the first cryptocurrency after bitcoin to be valued at $100 billion. At press time, the total valuation of Ripple is $121 billion. Up by $19 Billion in 24 Hours Over the past …

Crypto Market Hits New Milestone as Bitcoin Price Recovers to $15,000

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency market cap hit a new all-time high above $700 billion on Wednesday, bolstered by strong performances from the bitcoin price and a variety of altcoins. Cryptocurrency Market Cap Hits $700 Billion The cryptocurrency market cap began the day below $650 …