Ripple Price (XRP) Makes Strong Intraday Rally on xRapid Launch

Ripple (XRP) rallied again for an intraday high near $0.60 as the San Francisco-based blockchain startup announced the commercial release of xRapid, its cryptocurrency-powered enterprise blockchain product. The announcement makes clear that xRapid is “commercially available and moving into production with multiple customers.” XRP/USD | Bitstamp The company’s update names three business customers for xRapid: MercuryFX, Cuallix, and Catalyst Corporate Federal Credit Union. Additionally, the post implies that there are more customers signing on as well. The draw for these customers has been what Ripple has touted as their main solutions: fast…

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 Drop is Over The unexpectedly rapid growth of the initial coin offering (ICO) market in mid-2017 led many analysts to speculate that the price drop of ETH was largely triggered by the sell-off of…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, Dash: Price Analysis, October 1

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Discussions on blockchain and cryptocurrencies have entered the United Nation’s General Assembly. In his recent address, Malta’s Prime Minister Joseph Muscat has said that cryptocurrencies and blockchain can solve several problems and will become the money of the future. This year, Malta has positioned…

Ethereum News | Shasper Begins and Joe Lubin Funds DrumG

In today’s edition of Ethereum news, we’ll cover the details of Ethereum Startup Parity Technologies adding Casper code to their blockchain toolbox and why Ethereum’s co-founder, Joe Lubin, invested in a competitor. Ethereum News: Parity Technologies and Casper Parity Technologies, an Ethereum startup, has just added an early version of the highly anticipated Casper code to its platform, Substate. The code was released on GitHub yesterday, and the team behind the implementation at Parity is calling it their ‘Shasper’ upgrade. “Shasper is combination of Casper and sharding. Once it lands, we…

Bitcoin (BTC) Interest and Trading Rising in Venezuela

Venezuela’s economic crisis continues to worsen, despite the president’s controversial attempts to revive his country. The demand for Bitcoin (BTC) and other cryptocurrencies continues to rise this year, as the country’s dollar, the bolivar, continues to drop. Venezuela has hit crisis mode extreme, but can BTC save them? Bitcoin Booming in Venezuela According to Coin Dance, Venezuelan residents’ interest in Bitcoin (BTC) reached its peak in July of this year. Most countries have declined since January of 2018, when the total crypto market hit its all-time high. In December, BTC…

Inevitable Future of Money | Malta Prime Minister Talks Crypto

According to the Maltese Prime Minister, Joseph Muscat, cryptocurrency is the “inevitable future of money.” The country has never shied away from embracing crypto and its underlining technology—the blockchain. According to the Prime Minister, it is this technology which allows the future of money to be more transparent. The Inevitable Future of Money Muscat believes that using blockchain will filter “good business from bad business,” but that’s only the beginning. He believes “distributed ledgers can do much more.” The Prime Minister addressed the 73rd Session of the General Assembly of the UN on September…

Bitcoin Ends September With Lowest Price Volatility Seen in 15 Months

Bitcoin traded in a range of just under $1,500 over the course of the month of September, its narrowest monthly trading range since July 2017, data reveals. At close of trading Sunday, bitcoin (BTC) officially ended the 30-day period with a trading range of $1,329, with prices oscillating between a low of $6,100 and a high of $7,429. Overall, this was the lowest one-month range since July 2017, when bitcoin traded in a $1,095.8 window, according to data from Bitfinex. Further, the monthly trading volume throughout September marked its lowest amount…

How Many Coins Are in the Best-Performing Crypto Portfolios

A platform designed to help investors keep track of their cryptocurrency trades and the performance of portfolios has revealed some of the biggest trends they have learned during their five years in operation. To commemorate its anniversary, CoinTracking revealed how it has noticed that the trade behavior of its users intensifies when the price of a coin rises – with their analysis indicating that the best-performing portfolios hold between seven and twelve coins at any given time. Since it was founded in 2013, the company says it has been struck…

Bitcoin Price Intraday Analysis: BTC/USD Supported at $6,500

Bitcoin started this week on a bearish note, depreciating more than 2 percent against the US Dollar on a low-volumed Monday. BTC/USD is undergoing a reversal from its previous week’s high near 6828-fiat. The pair initially formed lower lows below 6500-fiat, but later reclaimed the level as support in an upside correction phase. Even today, BTC/USD has tested 6500-fiat as support at least twice already. But, the area has bulls entering long positions towards expected upside targets. Breaking below it can have a psychological but unexpandable impact on the market.…

Two of Blockchain’s Biggest Consortiums Just Joined Forces

Seismic shifts are happening in the world of enterprise blockchain. Announced Monday, the Hyperledger Project and the Enterprise Ethereum Alliance (EEA) have agreed to collaborate on bringing common standards to the blockchain space and cross-pollinate a wider open-source community. This joining of forces is notable as EEA and Hyperledger represent two of the three largest and arguably most influential enterprise blockchain communities, the third being the R3 Corda ecosystem. If the team-up succeeds in creating common standards between the two platforms, it could sway enterprises previously on the fence to…