By CCN Markets: Propelled by increasing retail adoption bolstered by Facebook’s Libra announcement, bitcoin is officially over $ 10,000 across markets. ATTENTION: Psychological barrier broken…buckle up! 👍🚀 — Tyler Winklevoss (@tylerwinklevoss) June 21, 2019 The Long Road to the Next All-Time High On Coinbase, where much retail adoption takes place, the price rose from just under $ 9,300 to nearly $ 10,000 by mid-afternoon. Bitcoin markets being open around the clock, the price finally touched $ 10,000 again on Friday evening. Bitcoin has not seen this price in over a year. One year ago today, bitcoin traded for about $ 6,753 on Coinbase. The rate
Ripple CEO to Critics After Obtaining 200 Clients: Banks Will Use XRP
On January 9, CCN reported that 13 financial institutions have started to utilize the Ripple blockchain through RippleNet, bringing the total number of banks in the Ripple ecosystem to 200. Fintech applications and banks in the likes of Euro Exim Bank, SendFriend, and JNFX have integrated RippleNet for liquidity and instant settlement of payments that
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Sports Token ICO Issuer MobileGo Threatens Critics With Legal Action
MobileGo, which bills itself on its website as a dedicated token to bring eSports to everyone, has warned it will consider legal action against people making unreasonable demands against the company. The situation came to light on Twitter Friday, Aug. 17, when one tweeter commented that an ICO issuer is threatening to sue investors and
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Andreas Antonopoulos: 6 Things Critics Keep Getting Wrong About Lightning Network
Is Lighting Network the second coming for Bitcoin or the coming of centralization? Andreas Antonopoulos states his case for the former in his latest video.
A lot of misconceptions have arisen about the Lightning Network and the effect it will have upon Bitcoin. Look around the internet, and you’ll find videos such as this offering information on the Lightning Network that may not be accurate. To that end, Andreas Antonopoulos has created a video to detail the many things critics are getting wrong, which we have listed below.
Centralization
“Lightning Network will centralize bitcoin, concentrating power with a few big players.”
Ripple Just Silenced Its Critics With MoneyGram Partnership
Ripple just announced a major new partnership with MoneyGram that will see the latter pilot xRapid and XRP.
When leading cryptocurrency price aggregation site CoinMarketCap removed South Korean exchanges from its price calculations earlier this week, the prices of many of the major assets in the sector took a hit.
None more so, however, than Ripple (XRP).
Ripple went for around $ 3.65 apiece back on January 6 but dipped to well below two dollars midsession on Wednesday as markets responded to the seeming correction (which was, in reality, driven by the CoinMarketCap move as opposed to a shift in sentiment).