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EOS Narrowly Misses $12.00, Twice

Cryptocurrencies have had a good weekend, off the back of what looks to be a good month. Obviously, the reason April looks so promising is simply because March was so dreadful. During this time, we saw all major currencies hit new lows. Track further back and compare this to the performance of major currencies in December 2017 and January 2018, then you might see April as yet another tragic month. Is the glass half empty, or is the glass half full? Well, as an optimist, i’d say we certainly look to be moving up overall and not the opposite. Although some downtime is obviously expected, you might suggest that we are almost, halfway there. EOS really has set a trend over the past few weeks, I have mentioned this numerous times but I think it’s an important point. When EOS goes up, the other ...

Why The Decline In TRON May Only Be Short Lived

TRON. It had a good run but of late, we have seen far less interest in the currency, possibly down to it’s bad form recently. Well, I say bad form – the form of TRON hasn’t exactly been terrible, but it has laid out a very average trajectory recently, meaning little has happened in the TRON camp that has encouraged the name to hit headlines. TRON did make the most of the mid-April market surge, shooting up to $0.056, this however was short lived as by the end of the surge, TRON stooped the $0.049.  Since then, steady gains have been made, but, there’s been nothing significant to talk about. At the time of writing, TRON stands at $0.053 and is down 1.07%. It’s not a huge drop, but it is a drop, something which cryptocurrencies don’t want to be affiliated with at the moment. Luck...

Delhi High Court Challenges RBI On India’s Cryptocurrency Ban

Breaking news this morning from India. This month, India’s central bank, the Reserve Bank of India (RBI) implemented restrictions on cryptocurrency engagement which would eventually lead to punitive measures taken against RBI’s customers who continue to engage in cryptocurrency related activity despite warnings from the RBI. This, was met with huge resistance both from Indian nationals and crypto-enthusiasts across the globe. Soon after the announcement, an online petition was set up and many international groups spoke out against the new regulations. Overall, this was seen as an attack against an emerging technology, something which India really should be behind, given how huge the blockchain revolution is within their shores. A report out today however states that the Delhi High Court ar...

Litecoin Hits $150 As Markets Fall

We started this morning with very positive feelings. The cryptocurrency markets have had a very good weekend and the positive trend did look to be continuing into today, through the afternoon and into the rest of the week. By 10:30am UK time however, the markets looked to be entering a slight decline. Whether this was down to correction occuring in the wake of the weekends successes, or something more sinister, it is hard to tell. Perhaps by the time this article is published, we will have a better idea of what is happening. The trajectory of Litecoin however seems to be continuing into the afternoon, making further gains despite the state of the rest of the markets. Over the weekend, Litecoin made solid progression, apart from a slight decline on the 21st of April. This was of course in l...

‘Till Death Do Us Part, The Death Of A Ripple Billionaire

Last week, entrepreneur Matthew Mellon sadly passed away at a rehabilitation facility in Mexico, according to Time Magazine. Our thoughts go out to the family and friends of Matthew, and to all who knew him at this time. The Mellon family, where of course behind the Mellon Financial Corporation, succeeded by The Bank of New York Mellon. Founded in 1902, the Mellon Financial Corporation where famously associated with the rise in the mass production revolution, the heart of a capitalist revolution that took the west by storm into the mid 1900’s. Whilst his family’s wealth stemmed from traditional financial investment, Mellon turned to cryptocurrencies to build his assets. In keeping with what seems to be a Mellon family tradition, at the heart of innovation. According to a family repre...

Bitcoin Cash On The Rise To $2000

This time last week, anybody considering Bitcoin Cash hitting $2,000.00 in a week would be considered crazy. Indeed, you may wish to consider me as crazy, but if we look at the facts, it’s something that could indeed happen. Of course, Bitcoin Cash could also reach $800.00 again, but, that is the absolute beauty of cryptocurrency, right? This time last week, Bitcoin Cash was valued at around $777.15. Towards the end of the week, on Friday, we saw Bitcoin Cash take a rapid change in direction, moving upwards at a dramatic week, closing on Friday evening at around $1,142.50. How is Bitcoin Cash today? At the time of writing, Bitcoin Cash is valued at $1,390.61, up a huge 19.67%, this, is a significant hike. Teetering around $1,400.00 Bitcoin Cash is showing incredible promise that it could r...

Damage To Verge Clear As XVG Fails To Meet $0.07 During Weekend Rush

The start of this week is no doubt going to be flooded with news of positivity and stories of great movements by cryptocurrencies, after almost two full weeks of positive progression, and of course a brief market surge. This weekend was of course no exception, with all major currencies making solid progression over the weekend. A few weeks back, a clairvoyant may have predicted that Verge would latch onto any positive market movements and make clear gains. This prediction, may have been justified by the huge partnership announcement the Verge team promised last month. Should the announcement have been met with delight and positivity, things really would be very different for Verge right now, we may even have expected Verge to hit beyond $1.00 in light of all this. However, the true perform...

Positive Weekend Passes As Bitcoin Nears $10,000

We wake this morning with more positive news from the cryptocurrency universe, the crypto-gods really have done us a favour this weekend, that’s for sure. After an easy week of regular gains and solid maintenance, Bitcoin has truly proved it’s worth and maintained a significant value of over $8,000. Just a few weeks ago, Bitcoin did struggle to tip $7,000, however after a great week, off the back of a small market surge, Bitcoin is creeping up to $9,000 as the ever elusive $10,000 target gets closer by the day. Let’s briefly review exactly how Bitcoin has performed over the weekend. The 21st of April 2018, saw Bitcoin take a significant hike from $8,534.58, up to $8,877.34 within a very compressed time period, this good run then continued through the day until Bitcoin peaked at $8,990.49 m...

Pigzbe – The App That Will Teach Your Kids About Cryptocurrencies

There is no denying that children are growing up quicker these days than they once did; but now, they can learn about cryptocurrency and even own some from as young as six, thanks to new app Pigzbe, which essentially acts as a digital piggy bank. Whatever your views are on this topic, it could be a great thing for the cryptocurrency market, showing that it is becoming more adaptable and accepted in day to day living. Pigzbe was created by entrepreneur Filippo Yacob, and has been designed with the aim of teaching children about cryptocurrency and finance, whilst, at the same time encouraging saving. The app is described as being a ‘piggy wallet’, and uses Wollo, which is a blockchain-enabled currency that has been described as the first cryptocurrency that has been specifically targeted to ...

Forget Bitcoin; You Should Be Looking At These Cryptocurrencies

Although Bitcoin is slowly starting to pick up again, and experts are still predicting big things for the cryptocurrency, it is safe to say that it has not had the best start to the year at all. Despite the fantastic performance it put in at the end of last year, it sadly has not been the same story this year at all. So, if you are looking for something else to invest in, fear not. It’s time for Bitcoin to move over, because there are six more cryptocurrencies waiting in the side lines, that have all been tipped for success. Ethereum: Ok, so this is not exactly a new cryptocurrency. In fact, it comes in right behind Bitcoin. The great thing about Ether though is that it has so much potential, and is really well suited for ‘smart contracts’, which allow payments to be made automatically. It...

How Dubai Is Eliminating Cheque Related Fraud Using Blockchain

Dubai’s largest bank, Emirates NBD aims to eliminate cheque related fraud by introducing a blockchain project. ‘Cheque Chain’ is the first project to successfully go live, with the sole aim being to reduce, and eventually completely eliminate cheque related fraud. A pilot was carried out last year, which was overseen by Emirates NBD Future Lab, and it proved to be very successful, so much so, that the bank is now planning to roll out the security-enhancing technology for all customers across the UAE. The project aims to integrate blockchain technology into specific issued cheques in order to strengthen their authenticity. As well as this, they will also significantly enhance standards across the UAE banking sector. So, how will this project work? The Cheque Chain will enable a unique Quick...

Why We Should Be Watching Bitcoin Cash

Although the cryptocurrency market has started to pick back up again, there is one in particular that is standing out, and that is Bitcoin Cash. They are due to have another hard fork next month, but the cryptocurrency has just been on the up and up. There are a number of different reasons that we should be watching this cryptocurrency closely, and why it just seems to be on the up and up. Let’s start with the infrastructure and support. Since the hard fork last August, the cryptocurrency has received a lot of infrastructure support from wallet providers and major exchanges. The huge support for this virtual coin is undeniable, and it is one of the most accepted cryptocurrencies, with thousands of merchants accepting Bitcoin Cash as a payment method, due to the BitPay payment processor ser...