Cryptocurrency
News
Cryptocurrency
News
The Latest Updates on Cryptocurrencies
Cryptocurrencies are slowly becoming more mainstream, disrupting global finance and reshaping the space of financial payments. FX Street Live will keep you updated with the latest crypto news, market analysis and in-depth articles. It will ensure that you have access to the major trends regarding cryptos and the impact of cryptocurrencies themselves and blockchain technology on the financial industry and the wider world. The cryptocurrency market and paradigm were first introduced with the launch of Bitcoin (BTC) in 2008, inspiring and triggering a new technological and social revolution. Cryptocurrencies have opened the path towards a whole new universe where transactions between peers can be settled privately and securely, reshaping the financial space with more banks exploring blockchain’s potential.
The Latest Updates on Cryptocurrencies
Cryptocurrencies are slowly becoming more mainstream, disrupting global finance and reshaping the space of financial payments. FX Street Live will keep you updated with the latest crypto news, market analysis and in-depth articles. It will ensure that you have access to the major trends regarding cryptos and the impact of cryptocurrencies themselves and blockchain technology on the financial industry and the wider world. The cryptocurrency market and paradigm were first introduced with the launch of Bitcoin (BTC) in 2008, inspiring and triggering a new technological and social revolution. Cryptocurrencies have opened the path towards a whole new universe where transactions between peers can be settled privately and securely, reshaping the financial space with more banks exploring blockchain’s potential.
Top Cryptocurrencies to Watch
Top Cryptocurrencies to Watch
At FXStreetLive, we are covering all the ongoing stories about cryptocurrencies and the rise of a new, anonymous, secure and borderless, financial system. We aim to look at the various cryptocurrencies, as well as the industry stakeholders and the legal systems as they respond to the current and future changes shaped by and through cryptocurrencies.
Bitcoin
Bitcoin is the first and most popular cryptocurrency. More recently, Bitcoin has been on the news due to its surprising recovery as it reached above $19,000. Although many in the cryptocurrency world are quick to celebrate BTC’s all-time high, this has not happened yet as it hit its peak back in 2017 at
$19,891 on Coinbase. While this may vary depending on the exchange, Coinbase has been around since 2012 and remains among the top and most reliable exchanges out there. On Binance and Huobi, BTC reached $19,799 and $19,867, both on 30th November.
Many analysts and traders have noted the sudden influx of big investors and Wall Street firms which are interested in investing in bitcoin and other cryptocurrencies, while at the same time, the concept of “institutional adoption” has become the current buzzword among crypto space enthusiasts and traders.
Bitcoin
Bitcoin is the first and most popular cryptocurrency. More recently, Bitcoin has been on the news due to its surprising recovery as it reached above $19,000. Although many in the cryptocurrency world are quick to celebrate BTC’s all-time high, this has not happened yet as it hit its peak back in 2017 at
$19,891 on Coinbase. While this may vary depending on the exchange, Coinbase has been around since 2012 and remains among the top and most reliable exchanges out there. On Binance and Huobi, BTC reached $19,799 and $19,867, both on 30th November.
Many analysts and traders have noted the sudden influx of big investors and Wall Street firms which are interested in investing in bitcoin and other cryptocurrencies, while at the same time, the concept of “institutional adoption” has become the current buzzword among crypto space enthusiasts and traders.
Ethereum
Ethereum is the second-largest crypto platform by market cap after Bitcoin. Ethereum is used for ether, its own cryptocurrency, but also supports other tokens, such as ERC-20.
Ethereum is one of the main cryptocurrencies to watch for various reasons because it has its one blockchain and offers the ability to create multiple projects. It remains essential for developers and entrepreneurs who can create through smart contracts various services and products. Unlike Bitcoin, which is a blockchain operating as a currency, for sending, receiving and recording Bitcoin exchanges, Ethereum is a blockchain that functions as a decentralised computing platform, where users can execute programs they create on the Ethereum blockchain.
Ethereum
Ethereum is the second-largest crypto platform by market cap after Bitcoin. Ethereum is used for ether, its own cryptocurrency, but also supports other tokens, such as ERC-20.
Ethereum is one of the main cryptocurrencies to watch for various reasons because it has its one blockchain and offers the ability to create multiple projects. It remains essential for developers and entrepreneurs who can create through smart contracts various services and products. Unlike Bitcoin, which is a blockchain operating as a currency, for sending, receiving and recording Bitcoin exchanges, Ethereum is a blockchain that functions as a decentralised computing platform, where users can execute programs they create on the Ethereum blockchain.
Ripple
In the recent surge of Bitcoin, general manager of RippleNet—a network of banks and money services using Ripple solutions—Asheesh Birla, said: “I think that the days when folks believed that there’s only going to be Bitcoin, I think, are over.” At the time of his comments the price of Ripple (XRP) surged to $0.92 before dropping 30%. Birla also commented on the general crypto space which he believes will return “red hot again” and on the tremendous innovation in the cryptocurrency space.
XRP is currently the third most valuable cryptocurrency and, on 1st December, Ripple opened the last billion XRP for 2020, which is worth about $662 million. Ripple is both a payment platform and a currency which was initially created for cheap transactions. Bank of America, Santander, Standard Chartered and Barclays have all shown interest in Ripple for the operation of global international transactions.
Ripple
In the recent surge of Bitcoin, general manager of RippleNet—a network of banks and money services using Ripple solutions—Asheesh Birla, said: “I think that the days when folks believed that there’s only going to be Bitcoin, I think, are over.” At the time of his comments the price of Ripple (XRP) surged to $0.92 before dropping 30%. Birla also commented on the general crypto space which he believes will return “red hot again” and on the tremendous innovation in the cryptocurrency space.
XRP is currently the third most valuable cryptocurrency and, on 1st December, Ripple opened the last billion XRP for 2020, which is worth about $662 million. Ripple is both a payment platform and a currency which was initially created for cheap transactions. Bank of America, Santander, Standard Chartered and Barclays have all shown interest in Ripple for the operation of global international transactions.
