Cryptos mostly rise in price after yesterday plunge

Posted 07 August, 2018

Cryptocurrencies have mostly strengthened on Tuesday.

Prices for bitcoin on the Bitfinex moved up to $7,075 in the second half of the day. In general, the leading coin hit the 2-day peak at $7,081 within the day. Ethereum on this platform changed hands at $408.01. Litecoin improved to some 74.250. At the same time, Ripple weakened to 0.40887. 

The crypto market has generally seen a price upturn. For now, the market capitalization reaches $256 billion ($253 million a day before).

It was reported today that UK-based Barclays bank is considering possibilities for crypto trading. The company stated that they have created a team of experts to study the cryptocurrency trading business.

In addition, other financial organizations are also thinking over application of cryptocurrencies and blockchain technologies. Specifically, Goldman Sachs was said to consider the launch of a crypto storage service.

It is also worth mentioning that the first regulatory sandbox in the USA was created in Arizona, as it announced last Friday. The new project will be aimed at studying and testing financial technologies. The companies very often use such sandboxes to check the new products in the regulated environment.

Previous story

08 August, 2018 10:16

← US SEC extends deadline for VanEck-SolidX bitcoin-ETF determination

The US Securities and Exchange Commission has decided to delay the determination on the bitcoin-ETF application lodged by VanEck and SolidX till September. According to the official document released by SEC, the authority requires more time to consider all pros and contras regarding the launch of the first bitcoin-ETF in the USA.

US SEC extends deadline for VanEck-SolidX bitcoin-ETF determination

Next story

07 August, 2018 16:15

Chinese investor at law with OkCoin for unreceived BCH →

Chinese crypto investor has gone to law against the exchange OkCoin citing uncredited 38.748 BCH. The plaintiff cited that he might receive Bitcoin Cash after the bitcoin fork on the platform last year, but the coins were not credited. At the same time, the company representative commented that the investor had only himself to thank for it, as...

Chinese investor at law with OkCoin for unreceived BCH
Write a comment
Prove you’re not a bot + 15 = 31