Blockchain 

Altcoins Almost Wiped Out as Cypto Market Cap Drops $30 Billion

Thursday was a bad day for altcoins as almost $30 billion USD was knocked from the total crypto market capitalization. Where Bitcoin Goes, Altcoins Follow Crypto market capitalization was estimated to be around the $280 billion USD during midday trading yesterday; however, as Bitcoin suddenly took a near 10% hit today to drop below $10,000 USD share price, altcoins were largely forced to bear the brunt of the drop in confidence. Ethereum, Ripple, and Litecoin, which make up the rest of the top five cryptocurrencies by market cap outside of…

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Blockchain 

Coinbase UK Drops Support for Zcash

It has yet to be disclosed as to why, but the UK arm of Coinbase is dropping support for Zcash (ZEC) cryptocurrency. The move has, understandably, rattled Zcash investors. Coinbase Drops Support for Zcash According to customers of Coinbase UK, the exchange is sending out letters telling traders to convert their ZEC holdings by August 26. Alternatively, traders are encouraged to export their coins to an external wallet. If they fail to do so, their ZEC balance will automatically convert to British pound sterling in their user accounts. As stated,…

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Blockchain 

TRON (TRX) Drops After Meeting Between Warren Buffett & Justin Sun Fails

TRON (TRX) has enormous potential, but in the last 24 hours, things have been rough, and the altcoin dropped by over 22%. The drastic drop is a result of the latest developments that involve Justin Sun and the botched lunch with Warren Buffett. Botched Lunch Meeting Hurting TRON Price Most of the time, the value of altcoins drops when Bitcoin price is also dropping. Although it is sometimes hard to ascertain why the value of Bitcoin is declining, when it comes to altcoin dips, things tend to be more clear.…

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