Category: Ripple

How Low Can It Go? Bitcoin Settles Below $5,600 as Altcoins Continue to Drop

Following yesterday’s widespread and significant drop across the entire cryptocurrency markets, Bitcoin has settled below $5,600, the lowest price it has seen this year, and many altcoins have continued dropping. At the time of writing, Bitcoin is trading dow…

New York Regulator Issues BitLicense to NYDIG For Custody and Trading

New York State Department of Financial Services (NYDFS) has approved cryptocurrency-related company NYDIG’s application for a digital currency license and a money transmission license. Bitcoin Custody Approved in New York State The NYDFS has formally authoriz…

Bitcoin’s Double-Digit Loss Has Investors Searching for Answers

After crashing to its lowest level in over 12 months, bitcoin is showing little signs of recovery Thursday. The 24-hour price ticker continues to show double-digit percentage losses as volumes on virtual exchanges surged. BTC/USD Update Bitcoin continues to v…

Crypto Crash Impacts Large Financial Firms as SBI Shares Decline

On November 15, the crypto market experienced a wipeout of more than $27 billion, as its valuation dropped from $210 billion to $183 billion. As CCN reported, the intensity of the drop reached to a point in which Bitcoin dropped by more than 11 percent, after…

Coinshares Exec: Bitcoin in Financial Crisis, Altcoins in Liquidity Crisis

The jaws of crypto investors fell to the floor on Wednesday, as cryptocurrencies, such as Bitcoin, Ether, and XRP, plummeted to establish new year-to-date lows. Although some cynics feared this rapid bout of capitulation for months, for many investors, this s…