Market Cap at 1:47 (UTC) – $225,238,987,749 billion Bitcoin dominance: 66.4 % BTC $ 8,313.94 (-1.3%) ETH $183.73 (-0.3%) XRP $0.288944 (+3.55%) SEC stops Telegram On October, 11th, the Securities and Exchange Commission published a press release halving Telegram from conducting digital token offering. Per the press release, SEC is restraining two offshores entities which …
Cryptocurrency will never cease to amaze us with its magical evolutionary speeds. Each dawn brings new inventions and innovations. It is this aspect of cryptocurrency that has enabled it to force its way into the hearts of various industries, some of which are crypto-phobic. One of the latest notable innovations was pioneered by the crypto guru and tech-savvy John McAfee. John has ventured into developing a BETA version of a decentralized exchange.
To most people, a blockchain system is synonymous with cryptocurrency. However, it’s amazing how the application of blockchain technology stretches into various industries and is not only limited to digital currencies. Blockchain’s properties such as distributed ledger, immutability, and data protection make it suitable for a wide range of applications in the financial sector.
Bitcoin prices took an unexpected nosedive in the last week of September. Unexpected because ICE affiliate company Bakkt launched its Bitcoin futures, a feature that was expected to take the crypto industry by a storm in the same week. Most investors are still puzzled, as this event was expected to raise the market prices.