Ripple touched its weekly high of $0.399 after falling to its lowest at $0.329 in the aftermath of the November 15 BCH Fork. After this, a number of miners turned off their mining rigs simply because the value of Bitcoin can't cover for the expenses anymore.
Of course, their actions resulted in a lower than acceptable market cap, resulting in them being delisted from the NASDAQ stock exchange. Bitcoin [BTC] fell below the $4,000 mark briefly on Sunday and is now looking to recover. "While the same can not be said for altcoins, it would be great to see them achieve similar levels of adoption and community base because a diverse crypto ecosystem offers so much more value beyond market price". It was down by 80% from its all-time high.
If you remember, that week in December saw Bitcoin surging higher, almost reaching $20,000 and setting an all-time high just before the bear market of 2018 began. As at yesterday, XRP went up by 12% while ETH was up by 14%.
Bitcoin Cash, on the other hand, is now trading for $171.25 with a total decline of 17.16% in the 24-hour time frame, while the 7-day comparison shows a decline of 55.28%. The co-founder of CoinList, Andy Bromberg said that the recovery occurred because investors were trying to reenter the market after selling-off last week. He also added that "Today's rise is mostly a reaction to the precipitous drops last week and people thinking that may have been an overreaction". "Since the cryptocurrency market is still small, a few buyers can cause a surge in value by placing large orders".
So what is next for Bitcoin? "There are thousands of other tokens that you could argue are better but yet bitcoin continues to survive, thrive and attract attention", he said.
According to the economics and sociology graduate (from Bucknell University), "time is important because it allows institutional investors to understand the assets aren't going away and they can see their forward-thinking peers making money".
They fanned out on both sides of the crossing and many slipped through an opening in the border fence or tried to climb over. A six-hour period during which US officials were forced to close the border crossing cost his city $129 million pesos.
The two sides have been in negotiations for months, but Kudlow described them as being stalemated until just a few weeks ago. Kudlow added that if the USA doesn't get "satisfactory" responses to its trade positions more tariffs will be imposed.
Last but (if you're a kid) not least, the Talk To Santa feature will let children ask the Assistant, "Hey, Google, call Santa". But Google has released a few new features for its assistant that can make your children a bit less demanding.
Filmmaker Shankar's recently-released 2.0 is the costliest Indian movie made on an extravagant budget of over Rs 500 crore. Although the film has declined on Day 2, the biz should gather momentum on Day 3 [Sat] and Day 4 [Sun]...
Morrison's letter and Curry's heartfelt response quickly went viral, with many Twitter users applauding Curry's honest response. A night billed as a potential National Basketball Association finals preview certainly lived up to its billing Thursday.
This can come as a real positive to Arsenal fans, as Arsenal will need to grab the game by the scruff of the neck against Spurs. We think they can help us but they need the confidence of playing matches , not only working with us in the training sessions.
The runoff was rocked by a video showing her praise a supporter by saying she'd attend a "public hanging" if he invited her. He says this wasn't the result he and his supporters were hoping for but adds: "I'm very proud of this historic campaign".
British MP tells UK Parliament he is HIV positive
He talked about the impact of the stigma surrounding HIV and how that stigma affects people in the LGBTQ community. Lloyd Russell-Moyle, 32, told his fellow lawmakers that he had been diagnosed HIV positive when he was aged 22.
Sanchez faces long time on sidelines -Mourinho
United head to Southampton on Saturday seventh in the table, 14 points off the top and seven points adrift of the top four. If not there then behind, but just smelling that for the second part of the season, so we need points.
Trump sets up stormy G20 with Putin snub
At the same time, even a minor dose of tariff pain carries more significance for Apple than it would have a couple of years ago. May is expected to use the G20 to sell Britain's post-Brexit trading future outside the EU.
Roma vs. Real Madrid live stream
The 1-1 draw in Moscow meant both sides were assured of progress, with the game enjoying a high-tempo start as a result. The Madrid boss, really annoyed with what the player said to him, had planned to leave him in Madrid as a 'punishment'.
Video captures dramatic moment that caused Sawmill Fire
A shocking video, obtained by the Arizona Daily Star , shows the very moment that the deadly Sawmill Fire got started. Then there's a very big explosion and, nearly immediately, a fire starts to ripple through the dried grass.