Cryptocurrencies Market Overview - April 13, 2018
Today in the news:
- Bitcoin's weekly rally surpasses 20% and all coins in the top 30 are green today :)
- One of India’s biggest crypto exchanges has lost about 438 Bitcoins, allegedly due to a rogue employee.
- The value of Bitcoin in payment channels on the Lightning network has passed 100K USD.
- Bitcoin bull Tim Draper predicts Bitcoin will hit $250k in 2022.
- And more crypto news below...
24 Hour Change
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Latest Crypto News - April 13, 2018
Bitcoin Has Another Quick Spike as Weekly Rally Surpasses 20%
Bitcoin jumped suddenly for the second time in as many days, extending its weekly gain to more than 20 percent. The world’s most traded cryptocurrency climbed nearly $400 in the span of an hour on Friday to $8,175.
Read more: www.bloomberg.com
More sources about Bitcoin's price:
- Crypto Markets See Steady Growth Following Yesterday’s Sharp Price Jump
- Above $8K: Bitcoin Aims Higher After Bull Breakout
Ethereum (ETH) Making a Return, Price Shoots to $500
Ethereum (ETH) showed it was here to stay, and escaped the trading scenario with lows predicted below $300. Now, ETH reached $500 again as all altcoins are climbing against Bitcoin.
Read more: cryptovest.com
Other sources:
Indian Exchange Coinsecure Claims Insider Job in $3 Million Bitcoin Theft
Indian bitcoin exchange Coinsecure has disclosed a theft of 438 bitcoins, valued at over $3 million at press time, from its wallet in what is the country’s biggest cryptocurrency theft to date.
Read more: www.ccn.com
Other sources:
- Coinsecure India Down After $3 Million in Bitcoin Missing
- $3 Million Bitcoin Heist Reported by India's Coinsecure
- Bitcoin Exchange Implicates Employee In $3 Million Theft
- India’s Coinsecure Loses $3.3M in Suspected Insider Bitcoin Heist
74 Beauty Clinics in Japan Now Accept Payments in BTC
This week the Japanese cryptocurrency exchange and payment processor, Bitflyer, announced its partnership with SBC Medical Group the parent company of the popular Shonan Beauty Clinic. The union between both firms means that 74 clinics nationwide will allow patients to settle their bills in cryptocurrency.
Read more: news.bitcoin.com
Bitcoin Price Will Hit $250k in 2022: Tim Draper Sets Prediction
Serial investor and Bitcoin bull Tim Draper has delivered his 2018 Bitcoin price prediction, telling an event audience the cryptocurrency will be worth $250,000 in four years.
Read more: bitcoinist.com
Samsung Is Building ASIC Chips for Halong Mining
Seoul-based multinational conglomerate Samsung has confirmed that it is providing ASIC chips to mine bitcoin, ether and assorted cryptocurrencies for hardware manufacturer Halong Mining.
Read more: bitcoinmagazine.com
Banking Giant SBI Subsidiary Joins R3 Blockchain Consortium
SBI Bank LLC, a Russia-based commercial bank owned by Japanese financial giant SBI Holdings, is joining the New York City-based banking consortium R3.
Read more: www.coindesk.com
XRP ‘100 Percent Not a Security,’ Ripple Claims
Fintech startup Ripple is pushing back against claims that its cryptocurrency, XRP, is a security under US regulations.
Read more: www.ccn.com
Other sources:
Mastercard Is Hiring More Blockchain Developers
Payment giant Mastercard announced Thursday that it was hiring 175 new technology developers, including blockchain specialists.
Read more: www.coindesk.com
Vietnam Toughens Measures On Crypto Amid Suspicion Of Biggest Scam In Industry History
Vietnam toughens crypto measures amid reports of an alleged $658 mln ICO scam, which would be world’s largest to date.
Read more: cointelegraph.com
Nine Japanese Crypto Exchanges Have Suspended Operations So Far
A total of nine cryptocurrency exchanges in Japan have suspended their operations so far. This includes the latest two, one of which was sanctioned by the Japanese financial regulator on Wednesday while the other voluntarily withdrew its license application.
Read more: news.bitcoin.com
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Verge has the highest gain, omg people will never learn.
Good info. Thanks for all the information
I make it a habit to look upon your blog to see some latest news about crypto. It is viewer friendly and can easily read through each. The statistics is easily understood even by a newbie in crypto. Thanks providing a value always @penguinpablo
As always it is great to have these news updates from you @Penguinpablo
Let them coming :)
When was the last time we’ve seen so much green? It’s going to be exciting to see what happens over the next few years when these types of moves can come in such a short period of time! Thanks for the update!
The future is incredible.
When Lambo?
true that, now we just sit back and relax.
Crypto prices mooning is a sight to see. Hope this upward trajectory continues.
I am amazed that big corporation like Samsung is now pushing to develop ASIC tech and products. There seems to be a huge demand for it. How much further until we see ASIC tech be obsolete and proof of stake/delegation is the way to go is still in question.
Yup there is something oddly satisfying about watching a green candle grow bigger and bigger on a chart really quickly... lol
I am happy with the investment that I made in bitcoin I think it will do well.
I am very glad everything is blooming again! Hope it will keep going up! Steem to the moon :)
yeah loves greenry in graph
Finally bitcoin came on the track..a great sign.
EOS is steadily climbing the rankings. When it launches in June it could well rocket!!
This has been a pretty good couple of days (so far) in the land of Bitcoin and all things crypto. Even my Binance account is covered in green! Will this last long? I think that we have been able to climb out of that 3 month long dip finally, but there might be a little more work to do before we see some nice big numbers. I think that by the middle of the summer into the fall we are going to be experiencing something enormous!
Love the baby pic :)
-Respect
Thanks for the update but I really need to stop looking at Crypto Prices.
On the one hand if I do not continue to follow the space I will miss the next big thing but on the other hand I hope that my whole Crypto portfolio rises in value over the next several years. It is a dilemma.
Need more etf options so that I can just put x$ in per month and forget about it using the coffee can investing approach. Haha.
Coinbase allows you to set weekly buys / sells, you'd just want to move the coins off to your own private wallet once a month or so
I try to think like a venture capitalist. I've tried trading, I've only lost money. But buying and hodling long term, that's what really makes you rich! Assuming your not invested in a total shit coin of course.