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…

Cryptocurrency Sell-Off: Bitcoin (BTC) Plummets and Market Follows Suit

The cryptocurrency market took a huge hit nearly 12 hours ago when Bitcoin (BTC) abruptly dropped over $200 in value within minutes. After BTC dropped, a widespread cryptocurrency sell-off took place and hasn’t slowed down since. Cryptocurrency Sell-Off According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,264.43 a coin, down -4.63%. Most of the cryptocurrency market has followed Bitcoin’s spiral, and most coins in the top 15 cryptocurrencies by their total market cap are seeing double-digit percentage losses. Ethereum (ETH) is currently trading at $201.10 a coin, down -11.07%…

Bitcoingambling.io Adds Support for Ethereum, Litecoin, Monero, & Other Cryptos

Bitcoingambling.io, a site that caters to those in the cryptocurrency gaming niche, has officially added support for additional currencies. Sometimes called altcoins or alternative currencies, these coins can provide benefits to the user over using Bitcoin such as faster transaction times or even anonymous spending, as with Monero. The site, founded in 2014, was originally focused on providing resources for individuals looking to gamble online using Bitcoin. However, a lot has changed since then in the world of cryptocurrency, and there are now many other popular cryptocurrencies which both cryptocurrency…

The Biggest Blockchain Trends According to the 5 Experts!

This article covers the take of 5 experts from diverse fields of blockchain technologies on widely discussed blockchain trends. Since the inception of blockchain in the year 2008, the digital world has experienced a massive revolution. The blockchain technology has undergone a considerable evolution in a short period. It has been pushing limits and setting new boundaries in the digital space. According to experts, the year 2017 has been phenomenal in terms of the developments in blockchain technology. So, it goes without saying that 2018 is most likely to be…

How Restaurants Could Help Bitcoin Growth

Bitcoin is a distributed, worldwide, decentralized, digital money. The advantage of Bitcoin is that there is no central authority like a bank, company, or government issuing Bitcoin. Bitcoin might be intimidating to most restaurant owners because it’s not integrated with most POS systems. For retailers and POS companies, Bitcoin is a better alternative to credit card companies because they charge between three and five percent of each purchase simply to use the service. It costs even more to wire money from one country to another. Here are some of the…

Fortnite on the Blockchain? It Could Soon Be a Possibility

According to its website, blockchain creator MagnaChain is “changing the rules of the game.” And with a reported partnering with the popular video game Fortnite, could it be about to change the rules of the biggest game in the world? Could we be playing Fortnite on the blockchain soon? Fortnite on the Blockchain The most important aspect to understand here is that MagnaChain has created a blockchain system specifically for video games. It can do this because the company claims its network is capable of handling up to 100,000 transactions per…

Luxury Condo in Manhattan Will be ‘Tokenized’ on the Ethereum Blockchain

It’s the first of its kind. According to Forbes, a luxury condo development in Manhattan, which is valued at more than $30 million, will be tokenized on the worldwide Ethereum blockchain, making the luxury condo a tokenized real-world asset. The building comprises of 12 units at 1700 sq ft each and is located on 436 & 442 E 13th St in Manhattans, East Village. The listing broker on the deal is Ryan Serhant. He and the developer are looking to tokenization as a new method of financing. He says: “With…

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…

Sidechains Promise a Seamless Way to Play for Money on Blockchain

What if players could arrange a spontaneous cash game of any multiplayer title with tailored rules and the means to enforce fairness?  It would need to be secure, so that gamers know there’s no chance of foul play, but also has to cater to the demands of a large number of players. Otherwise, there is a risk of slowing down the entire network. Well, a solution may lie in sidechains on Ethereum Plasma. This extension allows for mini-blockchains to be created off the main network and confers the advantages of…

How Can You Stay Ahead of Competition in the Blockchain Industry?

Blockchain can be explained as an innovative technology that’s designed to transform the digital landscape. It was originally a decentralized ledger used for transactions in bitcoins. This ledger comprises various linked blocks of transactions in which an identical copy was meant to be stored on every computer that was part of this network. The changes made in this ledger were cryptographically approved by the person transferring bitcoins. This person is considered to be the real owner of this digital currency. About Emerging Blockchain Technology: The basic idea was to track…