OK that is cool but we can't ignore the fact that
cryptocurrencies had their best day in a long time.
Not exact matches
The JPMorgan Chase CEO
had gone on a tirade about a certain
well - known
cryptocurrency — people who purchase Bitcoin are «stupid,» Dimon said at an industry conference, and governments will one
day «crush» the stuff — and Ludwin was aghast.
A turnaround in the
cryptocurrency markets over the past ten
days has many hoping that this is a sign of
better things to come following a few months of significant declines.
Yet the statement drew some swift critiques given that, in recent
days, a number of accounts — including the support team for
cryptocurrency exchange Kraken — reported that they
had seen their accounts restricted despite trying to warn others about copycat accounts that mimic
well - known industry members.
Bitcoin might very
well be the top story these
days, but an explosive run by litecoin in recent
days has gotten the attention of the
cryptocurrency world and beyond.
Many investors also like the idea of getting into and out of
cryptocurrency trades and at the end of the
day having just a
good old fiat currency like dollars or euros on their accounts.
The last one
day of crypto trading
has finally brought in some
good news for the
cryptocurrency market, with the tide changing for pretty much all
cryptocurrencies across the board.
Yet the statement drew some swift critiques given that, in recent
days, a number of accounts - including the support team for
cryptocurrency exchange Kraken - reported that they
had seen their accounts restricted despite trying to warn others about copycat accounts that mimic
well - known industry members.
Whatever the reason for bitcoin's current perkiness, it's not the only
cryptocurrency to
have a
good couple of
days.
For those unfamiliar with Darkcoin, you
better start researching on it as it
had begun a new era of anonymous coins in
cryptocurrency which is arguably the reason for which we see many anonymous coins these
days.
Yet the statement drew some swift critiques given that, in recent
days, a number of accounts — including the support team for
cryptocurrency exchange Kraken — reported that they
had seen their accounts restricted despite trying to warn others about copycat accounts that mimic
well - known industry members.
Well, we're only a few
days into the new year and governments and banks the world over
have already begun firing salvos at the
cryptocurrency community.
In spite of
cryptocurrency markets starting so
well in January 2018 for coins such as Tron going up by 14000 % in just 30
days, the year
has been a tough one so far for the entire market.
The price of a not so
well - known
cryptocurrency called IOTA
has exploded over the last four
days.
While several smaller
cryptocurrencies like Steem and VeChain
have outperformed bitcoin with a 50 % and 25 % increase in value, major
cryptocurrencies including bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, and EOS
have performed generally
well over the past few
days.
It
has been
well - publicised in recently that tech companies are cracking down on blockchain and crypto - related material (predominately re: ICOs and
day - trading
cryptocurrencies).
Meanwhile, all major
cryptocurrencies are deep in red, with Bitcoin trading
well below $ 9,000, down nearly 7 % on the
day; Ethereum
has lost 5 % so far to trade at $ 670, while Litecoin is at $ 166.00, with 6 % loss on the
day.
The
cryptocurrency climate
has seen enormous expansion since its early
days: over a dozen other
cryptocurrencies hold market capitalizations at or above $ 1 billion, while the total market cap for the space as a whole sits at
well over $ 100 billion., This
has been a major wake - up call for the fintech world and for «old school» investors alike.