XRP

The date was December 22, 2017, when the inevitable happened. Bitcoin’s value suddenly dropped by 45% from its peak after soaring for an entire year. The bubble burst and the doom had come. The dream of a new era financially dominated by cryptocurrency was put on hold. Today, we look back at what led to the Great Crypto Crash two years ago. Then, we try to find out how it changed the market and answer one of the questions that…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $233 billion. Bitcoin price drops under the $9,000 mark. Ethereum continues hovers over the $180 threshold after dropping value points again. Ripple loses the Swell effect and embarks on a disappointing downtrend that sees it end the week at $0.26 days. Hackers steal more than $500,000 worth of cryptocurrency from Vietnamese exchange VinDAX. Crypto Trends…

The first full week of November sees the 3 main cryptocurrencies bracing for a period of intense volatility. Bitcoin, Ethereum, and XRP are all coming after weeks of fluctuation and investors’ despair. Now, the market sentiment points to a fight to the death between bears and bulls, with the latter slightly likelier to come out on top. The week starts with a total crypto market capitalization of $247 billion that sees it lose $10 billion from the $257 billion-mark that…

International money transfers take between 2 and 5 working days. The time you must wait for a transaction to complete often breeds frustration, anxiety, and stress. The current system seems obsolete and expensive; moreover, in an age where most operations are online, instant, and accessible. XRP is a cryptocurrency that aims to change all that and make money transfers immediate, cheap, and easy for everyone. Ripple's most successful product in terms of blockchain technology has already gained universal appraisal and…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $217 billion. Bitcoin’s price drops below $8,000 Ethereum price fails to reach the $180 threshold. Ripple still struggles to overcome the $0.30 hurdle. Facebook's Libra loses support from Visa, MasterCard, and PayPal. Crypto Trends 13-20th of October 2019: Performance & Analysis The third week of October 2019 has seen the crypto market continue its…

Please see below the official statement, of the Bitrue team, regarding the unfortunate event that led to the loss of approximately $4.5M  on June 27, 2019. "First of all, please let us assure you that this situation is under control, 100% of lost funds will be returned to users, and we are reviewing our security measures and policies to ensure this does not happen again. At approximately 1am June 27 (GMT+8), a hacker exploited a vulnerability in our Risk Control…

Cryptocurrency, most commonly identified as digital money, was first instituted in 2009 with the famous Bitcoin launch. Litecoin followed the launch in 2011; since then, many more crypto assets have joined the crypto world.  Cryptography secures the currency in crypto, thus protecting against counterfeiting and double-spending. The host of crypto is blockchain, a decentralized ledger system using state-of-the-art infrastructure.  Recently, the advancements in the crypto world have made many people think of investing in crypto. Naturally, beginner investors want to…