Payment Processor BitPay Partners with Ripple to Enable XRP Payments

Note: This is a press release and not a news item.   BitPay, the largest global blockchain payments provider, today announced a partnership with Ripple’s developer initiative, Xpring, that will allow businesses to accept XRP for payments through BitPay’s merchant processing and cross-border payments platform safely, securely, and compliantly, starting by the end of the year.  BitPay Wallet and BitPay Prepaid Cardholders can also store and spend … Continue reading Payment Processor BitPay Partners with Ripple to Enable XRP Payments

Why Did The Price For Ripple’s XRP Jump Over The Weekend?

For most of this year, the price for Ripple’s XRP has trended downward. Towards the end of 2018’s first week, XRP price reached a high of $3.54 and a market cap of $137 billion. But its price cratered soon after in the swoon that enveloped cryptocurrency markets as media reports and crypto experts questioned XRP’s utility within the Ripple ecosystem. Until last week, XRP’s price … Continue reading Why Did The Price For Ripple’s XRP Jump Over The Weekend?

Two Reasons Crypto Prices Shot Up This Week

After weeks of floundering about in a decline, cryptocurrency markets gained $40 billion in two days. Bitcoin led the rally in crypto prices with two bumps in its price in less than five days. In the first instance, it vaulted 8.5% to $6408 in five hours on Friday night. But that was not the end of its rally. On Monday, it pushed another 4.4%, rising … Continue reading Two Reasons Crypto Prices Shot Up This Week

Analyzing Monthly Returns For Cryptocurrency Prices In 2017

Yesterday I wrote a post about San Francisco-based investment firm Bitwise Asset Management’s first research report about cryptocurrencies for Investopedia. The report, which is a case for diversification of holdings within the cryptocurrency ecosystem, tracked monthly returns for the top 10 cryptocurrency holdings in their HOLD10 index in the last year. Given the tumultuous volatility of cryptocurrency markets, it is not surprising that there was … Continue reading Analyzing Monthly Returns For Cryptocurrency Prices In 2017

Bitcoin Price Further Declines After Weekend Highs

Bitcoin’s price fell further from its weekend highs yesterday, touching a low of $8803.11 yesterday evening. After recovering through most of today, it is back on a downward slide. At 16:32 UTC, the price of a single bitcoin was $9,011.87, a decline of 1.18% from its price 24 hours ago. Other cryptocurrencies were also in the red. Among the top 10 cryptos, NEO, a cryptocurrency … Continue reading Bitcoin Price Further Declines After Weekend Highs

Bitcoin Price Crashes By 7% In Less Than An Hour As Rumors Of Binance Hack Swirl Crypto Markets

There is never a dull moment in cryptocurrency markets. Earlier this morning, bitcoin’s price was conducting an orderly retreat from its highs recently. While the decline was surprising, it was not entirely unexpected considering the inherent volatility of digital coin price movements. At 17:00 UTC, however, bitcoin’s price was $10,014.39, down 6.49% from 24 hours ago. More importantly, the original cryptocurrency had shed approximately 8% … Continue reading Bitcoin Price Crashes By 7% In Less Than An Hour As Rumors Of Binance Hack Swirl Crypto Markets

A Revival In Bitcoin Price And A Reversal For NEO

Bitcoin’s price is undergoing a revival of sorts. After spending most of February sliding downwards, the original cryptocurrency is already up by 11% since the beginning of March. At 15:10 UTC, it was changing hands at $11,450.73, unchanged from its price 24 hours ago. As has mostly been the case, the reasons for a rise in its prices are unclear. Bill Gates criticized bitcoin last … Continue reading A Revival In Bitcoin Price And A Reversal For NEO