Blockchain 

Ethereum Plunges 10% in 48 hours

The price of Ethereum (ETH) dropped to $123 from $142 in the last 48 hours, which is more than a 10% drop against the dollar. At the start of the year, the coin was trading at $130 across all cryptocurrency exchanges. The latest drop leaves the coin in the net negative this year, in contrast to Bitcoin’s 70% performance in 2019. The worst part is that the coin is still 91% down from its record high of $1,450. The coin reached this peak during the initial coin offering (ICO) craze…

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Blockchain 

RAID Project | Bittrex Cancels RAID IEO Hours Before Launch

Cryptocurrency exchange Bittrex has reportedly canceled an IEO (initial exchange offering) hours before its launch. The RAID project was expected to make $6 million USD by selling its XRD token to customers on the Bittrex exchange. Canceled RAID Project Bittrex reportedly called off the token sale after it learned that the RAID project had suddenly terminated its partnership with e-gaming data analytics company OP.GG. According to Bittrex, the partnership “was a vital part of the RAID project,” Bittrex said in a statement. “When Bittrex International became aware of this significant event, we did not feel that it…

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Bitcoin 

Bitcoin (BTC) up Nearly 20% in 48 Hours

Bitcoin (BTC) made a rather dramatic comeback just 48 hours ago. At press time, the world’s first digital currency is currently trading above $4,300. The entire crypto community is buzzing, as most altcoins have followed BTC’s upward movements. Bitcoin (BTC) Comeback The cryptocurrency community took a huge hit in mid-November when Bitcoin Cash miners started a hash war. Investors lost confidence in the maturity of the community, as the war dragged out after Bitcoin Cash split in two. On one side was Roger Ver, CEO of Bitcoin.com, who led the…

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