There are many ways to keep yourself informed with the latest cryptocurrency news. You can check out articles that cover Bitcoin, Ripple, XRP, and other cryptocurrencies. In addition to providing you with valuable insight, these articles will educate you on the latest developments in the crypto world. Here are some of the most popular cryptocurrency news websites:
Bitcoin
The purpose of Latest cryptocurrency news is to provide the latest information on the cryptocurrency industry. It covers everything from hard forks to soft forks, price trends, and investments. This news can be a great source of education and information for anyone interested in digital currencies. Most cryptocurrencies are decentralised networks that run on blockchain technology.
Recent events are creating new opportunities and concerns for investors. While the market remains volatile, there are some positive developments. For example, FTX, a major exchange that facilitates bitcoin transactions, has filed for bankruptcy. Its CEO, Sam Bankman-Fried, resigned on Friday. This news has caused some ripples in the crypto market, but the prices remain lower than last week. In fact, Bitcoin is down 25% since Sunday, while Ethereum has slid 32% to its lowest level since June. Other cryptocurrencies have also seen double-digit losses.
Litecoin
Litecoin is a cryptocurrency that uses a different hashing algorithm than Bitcoin, and is therefore slower and more memory-intensive than the more widely used SHA-256. However, it gained wider acceptance in the cryptocurrency community after the 2011 Tenebrix project changed the algorithm to make it work on regular CPUs. This change made Scrypt more appealing to many cryptocurrency users, because Scrypt’s high memory requirements prevented the development of ASIC miners.
Litecoin’s success is directly proportional to the rate of its user adoption. The more people buy it, the higher its value will be. It is available on several major exchanges, but doesn’t get a lot of press coverage. It is important to note that Litecoin is still a developing currency and governments are still deciding how to regulate it. Any new regulation could result in huge price shifts for all cryptocurrencies.
XRP
If you’re following the XRP latest cryptocurrency news, you’ve probably noticed that the cryptocurrency has been trending up in recent days. It’s no surprise, then, that a recent lawsuit between Ripple and the SEC has the potential to affect the price of XRP. The case is still very much under review, but recent developments should give you enough information to make an informed decision.
XRP’s price has been extremely volatile during July. On 30 July, XRP rose to a high of $0.40, but has since retreated. In the first week of August, XRP fell to $0.37, down about 4% from its recent high of $0.55. Earlier this month, XRP was hit by a lawsuit filed by the SEC against Ripple Labs CEO Brad Garlinghouse. The SEC has alleged that XRP raised $1.3bn through fraudulent methods. Ripple, however, has argued that XRP does not meet the Howey test and therefore does not constitute a security.
Ripple
If you’re a crypto enthusiast, you’ve probably heard about Ripple. The currency has plenty of potential, but it’s also been hit with high-profile lawsuits and regulatory issues. One of the most notable is the potential lawsuit from the U.S. Securities and Exchange Commission, which is set to be filed against the company by the end of 2020. Read on to find out the latest on this controversial cryptocurrency.
Ripple’s platform, which supports cross-currency payments, has the potential to significantly reduce the costs of bank transactions. The company’s native digital currency, XRP, is used to facilitate these transactions. However, in 2018, the price of Ripple plummeted, resulting in a drop in market cap. In September 2018, the market capitalization was around USD 10 billion, compared to USD 122 billion in January 2018.
Tether
If you’ve been following the latest cryptocurrency news, you’ve probably been paying close attention to the developments in Tether. The company has been in the news lately because of its murky balance sheet and lack of transparency. It has also received a lot of criticism for making misleading statements. In response to these concerns, Tether has released the first breakdown of its balances. The company has also revealed plans to launch a new stablecoin, called MXNT, which is pegged to the Mexican peso. This is a significant development for Tether, as it could signal the currency’s entry into the Latin American market.
Another recent development has been the release of Keet, a video-chat application backed by Tether. The app is currently available for desktop users, but a mobile version will be released soon. The company is also planning to make Keet open source by the end of the year.