Nicolas Maduro Urges His Venezuelan Residents to Invest in the Petro Coin and Gold

Nicolas Maduro, Venezuela’s president, called on workers in his country to save money in gold and his cryptocurrency ‘The Petro’ during a salary shake-up Thursday. According to the local news source Noticiero Digital, in the next few weeks workers will be receiving their bonuses in the Petro coin, instead of fiat. Nicolas Maduro and The Petro Maduro said: “In the coming weeks the payment schedule of the bonuses will be fulfilled with the new salary tables set in the petro, which is from the economic recovery program that started 58…

Litecoin Transaction Fees will be Reduced in Next Core Release

Litecoin transaction fees are set to be lowered by ten times in the next Core release. The team behind the seventh biggest coin by market cap revealed the news via a Medium post earlier today. Litecoin Transaction Fees Set to Lower Currently, the average Litecoin transaction fee equates to about $0.05 per KB. But the network’s upcoming release of Litecoin Core 0.17 is going to lower this by a factor of 10. With the new changes, the new fee should equate to $0.005, or half a cent. At that price, Litecoin…

India’s Largest Bitcoin Exchange, Zebpay, Relocates to Malta

Zebpay, India’s largest cryptocurrency exchange, is heading for Malta! Following in the footsteps of major platforms Binance and OKEx, the exchange has had no choice but to move its operations to the ‘blockchain island’ amid strict regulations in India. Zebpay Moves to Malta The exchange shut down its operations in India last month, due to strict regulations issued by the Reserve Bank of India (RBI) in April. The RBI dictated that banks cease business with any firms relative to cryptocurrency. As such, Zebpay was forced to disable Indian Rupee deposits…

Ripple (XRP) and Litecoin (LTC) Make Moves in the Shadows

The cryptocurrency market is currently sitting just above $210 billion this morning. While mainstream media is heavily focused on cannabis at the moment, blockchain companies are still making moves in the background. Today, we’ll take a closer look at Ripple (XRP) and Litecoin (LTC) and the latest advancements with the two projects. Ripple (XRP) Ripple and XRP are often confused as the same and are often grouped together because what Ripple the company does ultimately affects/influences the price of XRP. Less than a month ago, Ripple revamped its website to…

Small Bitcoin Fee: Only 10 Cents for $194 Million on the Bitcoin Network

According to sources, on October 16th, a Bitcoin user managed to transfer 29,999 BTC with a transaction fee of only $0.10. This amount of Bitcoin equates to $194 million, and a transaction of this magnitude would usually incur bank fees in the tens of thousands of dollars. With such a small Bitcoin fee for such a large transaction, will we see widespread adoption for big over-sea payments? Small Bitcoin Fee Bitcoin transactions are a funny one. Often, complaints roll in by the dozen about the cost of transaction fees because…

Ethereum (ETH): Ethereum Foundation Hands Out Over $3 Million in Awards

The Ethereum (ETH) Foundation has just announced its fourth set of grants given out to 20 individuals and groups working on the Ethereum blockchain. [Blog] Ethereum Foundation Grants Update – Wave IV #ethereum #grants https://t.co/Xw39mmIX93 pic.twitter.com/gu0csjFlNk — Ethereum (@ethereum) October 15, 2018 Ethereum (ETH) Grants According to the official press release, the total amount of the fourth round of awards was just over $3 million USD. >> TRON (TRX) ‘Partnership’ with Baidu has Nothing to Do with Blockchain In the announcement, the Ethereum Foundation expresses its gratitude to members of…

Top Coins Today: Tezos and DigixDAO Lead the Pack

According to coinmarketcap.com, there are two top coins today. In the top 100, leading the pack and standing out for their double-digit gains are Tezos and DigixDAO. In 24 hours, both coins have increased almost 17%. So what’s going on with these two? Top Coins: Tezos and DigixDAO This morning, Tezos began listing on European exchange Kraken. The news has seen the coin increase nearly 17% in the 24-hour period. That is some gain. The 18th largest coin by market cap, Tezos (XTZ), began trading at 11:00 ET. To allay…

World Crypto Con: Get Ready for WCC with Us!

Welcome to World Crypto Con! World Crypto Con, or WCC, is an opportunity for industry leaders to share their exciting new crypto and blockchain projects to the world. People who have an in-depth understanding of blockchain and cryptocurrencies, as well as those who are clueless, can learn something at WCC. Welcome to a new way to look at cryptocurrency. World Crypto Con will be running from October 31st to November 2nd in wild Las Vegas, Nevada, at the Aria Hotel and Casino. With over 75 keynote speakers and more than 150…

Four New Stablecoins on OKEx—Find Out What They Are Here!

Starting today, there will be new stablecoins on OKEx! The third biggest crypto exchange by market cap announced that it is adding four US dollar-backed stablecoins to its platform. Four New Stablecoins on OKEx Let’s catch up. Stablecoins are cryptocurrencies that are backed on a one-for-one basis with a fiat currency. For example: if a stablecoin is backed by the US dollar, then every one stablecoin can be traded equally for one US dollar. So, as their namesake suggests, stablecoins provide just that—stability. Stablecoins are ideal for investors who worry about…

Bitcoin Price: BTC Skyrockets Nearly 10% and Pulls Rest of the Crypto Market Back into the Green

This morning, Bitcoin (BTC) rose almost 10% in less than an hour. After the Bitcoin price jump, investors began dumping money into the other digital assets, causing the market to widely shift green. Bitcoin Price Movement Last week, Bitcoin had its first major sell-off in months, but this morning it rose nearly $600 in less than an hour. Late last week, it looked as if Bitcoin was going to drop just below the $6,000 mark, but it’s now comfortably trading over $6,500. According to CoinMarketCap, Bitcoin (BTC) is trading at…