Bitcoin 

Bitcoin Extends the Fall, Now at One-Month Low Below $8K

The year commenced with a massive rally in Bitcoin (BTC) that ultimately led to a sustained bull run, and the price of the world’s biggest cryptocurrency eventually reached levels that raised visions of 2017’s climb. However, that eventually came to an end, and the last few months have been pretty tough for the crypto industry at large. Why the Sudden Reversal? In a new development that would come as a bit of a shock for many in the crypto space, BTC has collapsed to below $8,000 levels today. This is…

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Blockchain 

Bitcoin Extends Decline as Altcoins Stabilize Following This Week’s Slump

On Tuesday, crypto markets slumped, but since then, various altcoins have staged a recovery. However, Bitcoin extended its decline and has now dropped 6% in the past 24 hours. Altcoins Show Signs of Recovery This slowed down the massive losses witnessed the previous day when the world’s most traded digital asset plunged 17%. Other coins such as EOS and Ether racked some modest gains with EOS, which plunged 28% on Tuesday, advancing 3.8%. Investors have associated the Tuesday plunge with the lackluster launch of Bakkt futures contract and the broad…

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Blockchain 

Bitcoin Extends Sell-Off as Facebook’s Libra Uncertainty Lingers

After having a rollicking rally during the first half of the year, Bitcoin (BTC) has had a forgettable time in the month of July, and the reasons behind the troubles are manifold. The announcement from Facebook (NASDAQ:FB) about its very own cryptocurrency Libra may have initially been thought of as a welcome addition to the crypto sphere, but in a matter of time, it turned into a troublesome entity for Bitcoin. Libra has been panned by some of the most powerful people in the world, including the United States President,…

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Blockchain 

BrewDog Extends Its Crypto Investment Opportunity “Equity for Punks”

The Scottish craft beer company BrewDog has announced it will be extending its groundbreaking cryptocurrency investment program “Equity for Punks” until April next year. The program, which was originally intended to end on July 5 this year, allows investors to buy BrewDog shares using a variety of cryptocurrencies. These include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), OmiseGo (OMG), QTUM, 0x, and Bitcoin SV (BSV). BrewDog is a multinational brewery and pub owner founded in 2007 with pubs in over 50 locations throughout the United Kingdom…

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Blockchain 

Bitcoin Price | BTC Extends Rally On Strong Momentum, Now What?

Bitcoin price is going up again on Wednesday, extending Tuesday’s monster rally of over 15%. Early Tuesday morning, BTC ballooned to about $5,080, breaking its long-term resistance level of $4,200. For months now since its infamous crash last year, BTC has struggled to surpass the $4,200 mark, and this begs the question as to whether the cryptocurrency pack leader is en route to its former glory. At the time of writing, Bitcoin price is trading at $5,060, up 4.86%. Is It a Steady Rally? It is not clear what might…

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Blockchain 

Ripple Adds 11 New Universities and Extends UBRI Footprint

Ripple has added 11 new universities to its University Blockchain Research Initiative (UBRI). With a strong emphasis on developing the upcoming generation of developers, the UBRI is designed to develop blockchain-focused academia and research. Ripple is extending its footprint globally by adding 11 new universities to its program. 11 New Universities to UBRI The UBRI launched in June 2018. With a $50 million USD self-funded investment, Ripple committed to 17 prestigious universities around the world. As stated, the course aims to accelerate academic research, technical development, and innovation in the blockchain and…

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