The price of the privacy-oriented cryptocurrency Monero is going through a massive bull run right now and skyrockets by over 50% today. Its market capitalization surpassed the $1 billion mark for the first time in history. Moon-ero to the moon!
One of the reasons is the news that South Korean exchange Bithumb is soon to launch trading in Monero. Another reason is a recent developer meeting where a couple of big changes such as technology improvements were announced.
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Latest Crypto News - August 21, 2017
Monero Price Hits Record High Near $100 on New Exchange Listing
The price of monero, the privacy-oriented cryptocurrency created in 2014, shot up by over 80 percent this morning, shattering its previous record by around $35.
Read more: coindesk.com
Monero Price Increases by 50% due to Bithumb Announcement and Future Technology Improvements
When looking over the cryptocurrency market caps, one has to look beyond Bitcoin, Ethereum, and Bitcoin Cash. In fact, it appears some of the major action is taking place behind the top 10, as Monero is going through a massive bull run right now.
Read more: themerkle.com
US Lawmakers Draft Bill Protecting Cryptocurrencies from Gov Interference
Several members of the US Congress are drafting legislation that is intended to recognize certain digital currencies and protect them against interference from the federal government.
Read more: cointelegraph.com
Japan’s Largest C2C Ticket Marketplace with 5 Million Users Accepts Bitcoin
Japan’s top customer-to-customer (C2C) ticket exchange marketplace, Ticket Camp, announced last week that it has become the first in the Japanese ticket industry to accept bitcoin. The site has about 5 million users and processes approximately 5.8 billion yen per month.
Read more: bitcoin.com
Video: A Look Inside One of the World's Biggest Bitcoin Mines
Bitcoin's record rally is proving a boon for China, a country that is at the heart of the crypto-currency economy. It hosts some of the biggest exchanges and dominates the mining of new bitcoins. Bloomberg's Tom Mackenzie was granted rare access to one of the largest digital currency mines in the world.
Read more: bloomberg.com
Bitcoin Price Recovers After Dipping Below $4,000, Market Calm Amid Hard Fork Talks
In the first week of August, CNBC’s Brian Kelly outlined three factors for the recent surge in bitcoin price: completion of the August 1 Bitcoin Cash (BCH) hard fork, elimination of uncertainty surrounding scaling and rapid increase in demand from institutional investors.
Read more: themerkle.com
Philippines Central Bank Grants First Cryptocurrency Exchange Licenses
The central bank of the Philippines has granted licenses to two local bitcoin exchanges, according to reports.
Read more: coindesk.com
A Bitcoin Social Media Storm Hit BitPay This Week: Here's Why
The Bitcoin community is not taking kindly to BitPay this week. Influential developers are accusing the major payment processor of fraud, Bitcoin users on social media are calling for boycots, bitcoin.org is removing recommendations of the company’s products, and NBitcoin developer Nicolas Dorier has launched an initiative to fork some of BitPay’s projects altogether.
Read more: bitcoinmagazine.com
