TOP NEWS: Can Ethereum's Price Ever Hit $10,000? A Market Cap Perspective For ETH
Can Ethereum's Price Ever Hit $10,000? A Market Cap Perspective For ETH
"People tend to take price predictions as gospel and make poor decisions based on even the most tempered recommendations. A big topic of cryptocurrency speculation at present is the future of Ethereum (ETH). Will Ethereum ever reach $10,000? My answer is simple: I don’t know, and I’m not going to tell you that it will. But what I will tell you is how to figure this out for yourself by understanding market capitalization."
BITCOIN
US Government Arrests Bitcoin Stock Exchange Founder
"The owner of BitFunder, a long-defunct, bitcoin-denominated stock exchange, has been arrested by the U.S. government. The charges against Jon Montroll, also known as "Ukyo," were unveiled today by the U.S. Justice Department following an investigation that involved the Federal Bureau of Investigation (FBI) and the Securities and Exchange Commission (SEC). The SEC is pursuing civil charges against Montroll in a separate action, alleging that he operated an unlicensed securities exchange and defrauded investors."
RIPPLE
Ripple Paper Pledges New Support for $40 Billion XRP
"The startup that oversees development of the world's third most-valuable cryptocurrency, XRP, is moving to upgrade the underlying technology on which it operates. Announced Wednesday, San Francisco-based startup Ripple is releasing two new white papers for peer review - one describing XRP's consensus algorithm in a more formal way and the other outlining a way to improve the diversity of connections of each node, the software users run to relay and verify transactions on the network."
BITCOIN CASH
BITCOIN FEES SINK TO 6 MONTH LOW, UNDERMINING BITCOIN CASH
"Bitcoin (BTC) transaction fees have dipped below than those of Bitcoin Cash (BCH), marking a blow to one of the hard fork’s central remits."
LITECOIN
Litecoin Falls Close To 20% As Cryptos Retreat
"Litecoin declined close to 20% within the space of 24 hours, following the broader cryptocurrency market lower as digital assets saw red."
CARDANO
Cardano Foundation Publishes Research on Threat of Quantum Computing
"Cardano Wants to Become Quantum Computing-Resistant
Quantum computing is the next logical evolution in the world of technology. It allows for must faster calculations and unparalleled processing power. At the same time, this technology also poses concerns for public key cryptography. Most cryptocurrencies and blockchains rely on this type cryptography. As such, addressing potential future problems at an early stage is incredibly important."
STELLAR
Stellar (XLM) The Future Of Banking
"Stellar is an open-source payment distribution infrastructure. It makes use of what is known as “leapfrog technology” to connect individuals, payment systems and banks throughout the world, with a focus on the developing nations. It facilitates transactions of multiple currencies and assets reliably and efficiently for just fractions of a penny, using a cryptocurrency known as Lumens (XLM) to bridge between sender and receiver."
EOS
A Look at EOS: Is it Really Any Different?
"We recently reported on Bitfinex partnering with EOS.IO to create the latter’s first decentralised exchange, EOSfinex. Bitfinex arrived at EOS after searching for a platform that would be fast and transparent. At the time of the announcement, Bitfinex CEO Jan Ludovicus van der Velde called EOS “fundamentally transformative”. This is a vote of confidence for EOS, which is a platform that allows users to launch decentralised applications. As such, it is placing itself alongside Ethereum, Lisk and NEO in a very competitive market. However, it is keen to differentiate itself from its competitors. How unique is it?"
