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Here’s Why Ripple Is Doing So Well

Although the cryptocurrency market has started picking up again, Ripple prices have been simply soaring. So the question on every body’s lips is; why is Ripple doing so well? Prices have shown that the third most popular cryptocurrency is creeping closer to $1, after prices jumped 18.9% in just one day. These are similar to the gains that were seen late last year, when the token was trading for more than $2. At the moment, Ripple is being shown as the top performer in the market, with Bitcoin rising 3.32%, Ethereum trading at nearly $600, and Bitcoin Cash increasing by 13.64%. This has left the market feeling very positive; a much needed feeling after the poor performance that has been seen this year alone. It is thought that many cryptocurrencies have peaked after the US tax deadline, alt...

Is Litecoin One To Watch? Experts Price Predictions

During a week where cryptocurrencies are on the up, it is nice to see that Litecoin is continuing its bullish swing. The price has continued to go up and up thanks to the US tax deadline, which has led some experts to predict that the altcoin could hit $200. On the whole, the cryptocurrency market is soaring thanks to an incredibly positive week. Litecoin in particular has performed very well, and has increased by 4.95% meaning that it is currently trading at just under $149.19. It is not just Litecoin that has performed well though, with Ripple rising by 18%, Bitcoin Cash rising by 13.64%, and Bitcoin and Ethereum are continuing to trade at over $8,000 and nearly $600 respectively. Litecoin has not had an easy year so far, which is typical of the whole cryptocurrency market, which has los...

How To Stop Your Company From Becoming A Victim Of Cryptojacking

If your company has a website, you could be leaving yourself open to crypto jackers, who will use your website to illegally mine digital currency, even if your company has absolutely nothing to do with them. The has affected major companies as well, with Tesla’s AWS cloud storage becoming affected with cryptocurrency mining software. The reason that these attacks are becoming more frequent is fairly simply. The cryptocurrency market is booming at the moment, and mining can be a very profitably business; but, it requires an enormous amount of computing power. So, it saves them an awful lot of money by infiltrating and accessing someone else CPU or GPU power as opposed to paying it for themselves. The risk is not just contained to computers either. Phones and the devices of visitors to the w...

The Crypto Refresh April 20th 2018 – Crypto Daily

Huzzah! It’s back, your favourite article of the week. Whether that’s because it means it’s friday, or you love my concise analysis of the weeks events, who knows? I suspect it may be the former however. It has been quite a good week for crypto-fanatics. Marketwise, we have seen some really nice movements. Nothing too dramatic thus far, but the signs are pointing towards another surge which is expected to take place sooner, rather than later. Overall everything has looked pretty healthy, we did of course see some post-mid-April market surge correction take place at the start of the week, but that has since tailed off, giving us a very positive view of what to expect for the rest of April. Before we begin, I should point out that as of writing, Bitcoin is up 3.36%, hitting $8500, Ethe...

Can Ripple (XRP) And Bitcoin Cash (BCH) Sustain Their Recent Gains?

Ripple (XRP) and Bitcoin Cash (BCH) are exactly the type of coins that you could expect to make moves like these for no specific reason. Surprisingly, both coins are up double digits today with Ripple up 19% in the last 24 hours and Bitcoin Cash up 18% in the last 24 hours at the time of writing. Every time something like this happens, Ripple becomes the darling of news outlets. Everyone starts talking about how Ripple (XRP) is the best coin to expect the most gains even though Bitcoin (BTC) may be the market leader. Ripple has had a lot of things going on, it has had partnerships signed (some of which the media did report) but a lot of technological developments remain under the radar buried under the heap of hate targeted against Ripple by ‘champions of decentralization’. However, the ir...

Crypto Daily From Then To Now

Crypto Daily, the home of blockchain economy, the latest news, an open community and, the home of all things crypto. Established by a small group of UK based crypto-enthusiasts, our passion for the industry and our commitment to the cause, brings us to today, a time which promises to be the most vital to our ongoing development. As we expand our universe, we aim to expand yours, bringing you better content than ever, more news, more knowledge and of course, more crypto. Our home hub, https://cryptodaily.co.uk/ is also now available on the Google Play Store and, most recently, we our proud to announce the release of our brand new iOS app. Our further expansions will see brand new projects take off, covering all walks of the crypto-sphere, from high impact merch to ground-breaking collaborat...

Ripple XRP Shoots Up Again, $1.00 Nears

We all awake today hoping to see a similar event to what we saw at the end of last week. Friday the 13th turned out to be quite lucky, as opposed to the traditional rumours that it is a day purely of bad luck. Last week, we saw a huge market surge start on Friday, a surge which seemed to run right through the weekend, before tailing off by Monday. Experts are predicting another run soon, will it be today? If not, things are certainly looking up for Ripple regardless. Ripple, has breached the $0.80 mark, this is huge news, could Ripple hit $1.00 soon? Let’s take a look at the figures. At the time of writing, Ripple is valued at $0.86 and is currently up, a massive 19.43%. We saw this pattern start yesterday, at around 22:00 UK time, we saw Ripple move from $0.74, reaching a huge $0.87 in a ...

Bitcoin, $8,000 And Beyond, Will It See $6,000 Ever Again?

Bitcoin has made impressive gains over the past week. During the mid-April market boom, Bitcoin really led the way and proved its worth, jumping up by almost $1,000 in a matter of minutes. As Bitcoin is known to be a bit of a trend setter, this surge really set the rest of the markets off. A couple of weeks ago, we spoke about why Bitcoin was struggling to breach $7,000. It was an almost endless game of cat and mouse, constantly chasing the tail of Bitcoin to see if it would ever get past the $7,000 mark. Much to the delight of investors of course, Bitcoin has since breached that threshold, and has continued breaching ever since. Now, the new maintenance target for Bitcoin is $8,000. Well, I say target, now it seems however that Bitcoin has smashed that out of the water. It does seem, give...

Bitcoin (BTC) Is Near The Beginning Of The End Of Its Bearish Cycle

In an interesting attempt to retest the downtrend line, Bitcoin shot up from near $8200 to $8500s in less than an hour. The chart above is based on the logarithmic scale for Bitcoin which has yet to be broken. A lot of new investors assume that we have already broken the downtrend line and Bitcoin (BTC) is now in the clear but this is far from the truth. For volatile assets like cryptocurrencies, a logarithmic scale is preferred by seasoned investors. It is easy to FOMO in when you already think the downtrend line is broken and Bitcoin is probably on a new bull run. However, on the logarithmic scale, a clear rejection from the downtrend line was seen but the fate of Bitcoin’s price for the new few weeks depends on whether it closes below or above the strong downtrend line. Fear of missing ...

Why A Bank Of England Backed Cryptocurrency Is Not The Way Forward

The Bank of England, backed by the UK cryptocurrency task force and about a million other authorities are making headlines once again with their ongoing investigations into cryptocurrency adoption in the UK. The overall consensus here is that the government sit on the fence with regards to cryptocurrencies, but aim to use regulation as a format for enabling rife cryptocurrency trading in the UK. Part of this, comes from notions that the Bank of England could establish their own cryptocurrency in order for them to take advantage of the blockchain, this reflects similar notions from within India, who have recently made it clear that they will not allow trading to continue within their banks, but still want to produce their own cryptocurrency so they can profit somewhat. A recent survey indic...

Google Play Store Rife With Malicious Crypto-Apps

Despite Google’s best efforts to stamp out anything to do with cryptocurrency (they banned all crypto-advertising in a move to protect their users, remember) it transpires that the Google Play Store, the native app store for Android and Google devices, is absolutely rife with malicious apps designed to rinse your assets. According to TheNextWeb.com, security research Lukas Stefanko has recently made some rather disturbing discoveries about apps that are available for download on the play store. Most shockingly, some of the content has remained live for almost a week, before Google took action and removed such content. The report highlights that one example of a malicious app, designed to mimic MyEtherWallet managed to receive almost 500 downloads before the app was taken down. This specifi...

Cardano Vs Stellar, The Race Continues

On the 18th of April, two days ago, we published an article speculating the saga of Cardano and Stellar, in, what seems to be a race for seventh place. On the 18th, it did seem that indeed, Stellar was going to take the hotspot from Cardano as, at the time of writing, Cardano was down almost 2%, with Stellar, up almost 9%. Many people pointed towards a company called Novatti Payments, who had recently announced plans to integrate Stellar within their payment systems. This, proved to give Stellar quite a kick, especially in terms of it’s value. So, in traditional fashion, we are now following up the saga, as, it seems, the race is continuing. In the first article, we compared the market capitalisations of both Cardano and Stellar, which stood with a difference of just $573,507,257. Today, a...