Blockchain & Digital Currency News | June 12, 2018

in #news6 years ago

Today is June 12, 2018

Below is my fresh collection of useful articles about cryptocurrencies from various sources

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This Could Be The Next Big Thing For The Bitcoin Price

The Bitcoin price has been struggling so far this year, this past weekend dropping more than 10% and taking its year-to-date losses to 50% of its January peak.
There's been a lot of negative news for Bitcoin and cryptocurrencies lately, from cyber hacks, dwindling transactions, sky-high power consumption, and criticism from the world's established financial industry. read more

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Bitcoin Struggles For Direction After Sharp Drop

Bitcoin, the world's largest digital currency by market value, has been struggling to define a new trend after plunging to its lowest in more than two months.
The cryptocurrency dropped to $6,647.33 at roughly 18:15 UTC (2:15 p.m. EST) on Sunday, a nearly 12.5% decline from the same time 24 hours before, CoinDesk Bitcoin Price Index (BPI) figures show. see the full article

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Ripple price analysis: XRP/USD rangebound, traders looking silver linings amid recent crash

Ripple, the third largest coin by market value, is changing hands at $0.5875, down about 2% since the start of the day and mostly unchanged on daily basis. The coin touched $0.5550 low on Sunday but managed to stage a short-lived recovery without much follow through. Ripple's market value has settled at $23.61, while the trading volumes reduced to $300M from $500M registered on Monday. see the full article

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Next Steps for Blockchain: Commercialize and Coordinate

Some technologists and business leaders already recognize the tremendous disruptive potential of blockchain, bitcoin’s technology endoskeleton. For example, public and private sector organizations might use the open ledger platform to share information selectively and securely with others, exchange assets, and proffer digital contracts. Individuals could manage their financial, medical, and legal records, with blockchain eventually replacing banks, credit agencies, and other traditional intermediaries as the gatekeeper of trust and reputation. ... Continue reading

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you can always track cryptocurrencies at https://coincheckup.com/

or https://coinmarketcap.com/

Good Luck to all Crypto-Investors, May god bless you and keep your investments safe !!!

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