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Tag Archives: Billion

Ripple Surges by 36% in 48 Hours as Crypto Market Adds $2 Billion

Over the past 24 hours, major cryptocurrencies in the global market including Bitcoin, Ethereum and EOS increased by 2 to 5 percent, as Ripple led the market with a solid 10 percent gain. Since September 18, within 48 hours, the price of XRP, the native cryptocurrency of the Ripple blockchain network, rose by more than 36.5 percent. Technical analysts in ...

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The $234 Billion Money Laundering Case at Danske Bank’s Impossible in Bitcoin

This week, Danish publications reported that Danske Bank CEO has resigned amidst allegations of potential money laundering hundreds of billions of dollars, an amount that is equivalent to the market cap of crypto. When billions or dollars are involved, history has it that banks can’t resist the urge to “inject” the money into the system, regardless of the source. As ...

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Cardano, Ripple 10% Surge, Bitcoin Volume up 26% to $4 Billion

Cardano (ADA) and Ripple (XRP) have surged by more than 10 percent in the past 24 hours while Bitcoin maintained stability, leading the recovery of the crypto market. Earlier this week, the valuation of the crypto market dropped to $190 billion, which led investors to worry about a potential fall to the market’s yearly low point at $185 billion. Bitcoin ...

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Bitcoin and Ethereum Record Losses in $10 Billion Wipeout

Over the past 24 hours, the crypto market has experienced a large sell off as Bitcoin demonstrated a 3 percent drop in price, leading the market to drop $10 billion. Ethereum and EOS recorded the largest drop amongst major cryptocurrencies at 9 percent, while Bitcoin Cash, Litecoin, Monero, Cardano, and Dash demonstrated steep 7 percent losses. What Caused the Steep ...

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Another $10 Billion Lost; Why Have Crypto Markets Dumped Again?

Another week, another dump; Ethereum, EOS, and VeChain, all in pain. Just when the crypto community was thinking a recovery could be possible, markets take a big dump once again to dash all hopes. Wiping out all gains over the past few days, markets have slid back below $200 billion and are looking extremely bearish again today. Bitcoin has lost ...

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Cryptocurrency Market Slump Sees $642 Billion Dumped So Far in 2018

The cryptocurrency market capitalization on September 12 established a new yearly low near circa $187 billion. The drop amounts to a total of $642 billion that has vanished from the market since its all-time high near $829.96 billion. Almost all the leading coins, including Bitcoin, Ethereum, Litecoin, and Ripple, are in the process of forming new bottoms. Ethereum, in particular, ...

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Crypto Markets See Sharp Rebound, but Total Market Cap Still Below $200 Billion

Sunday, September 9: following the bloodbath after this week’s market crash, Bitcoin’s (BTC) price spiked sharply today. Altcoins have mostly followed suit, making markets a mix of red and green, as data from Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) jumped over 3 percent in under an hour today, proceeding to trade sideways just under the $6,400 mark ...

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A Billion People Will Be Using Cryptocurrency in 5 Years: Coinbase CEO

The world of money is revolutionizing in front of our eyes. Cryptocurrency is creating new paradigms for alternative payment systems and decentralized banking. There is no doubt that the user adoption of various cryptocurrencies is rapidly increasing. The cryptocurrency industry has become more fluid as the borders between it and mainstream finance continue to blur. At the same time, regulators ...

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