Prices for bitcoin and other cryptocurrencies decrease on Monday

Posted 04 June, 2018

Bitcoin and other cryptocurrencies have weakened on Monday. 

The major digital coin hiked to some $7,754 on Sunday, June 3, but then dropped to $7,500 today. For now, the coin was priced on the Bitfinex at some $7,494, followed by Ethereum changing hands on this platform at $586.5 (some 3% down). On the Poloniex, Ripple was decreased to some 0.64524. Litecoin price dropped to $118.98.

Last month, the cryptocurrencies mostly weakened affected by the US Justice Department initiated an investigation into traders' price manipulation in the crypto market.

According to the news reports, the experts became concerned by the announcement that Microsoft considered GitHub, hosting for IT-projects and development service. Specifically, many crypto projects use GitHub hosting for joint development or code studying and revision.Users of GitHub are said to be depressed by this news, as they are not sure what Microsoft can have on the decentralized blockchain community. 

Meanwhile, the new crypto exchange has appeared in Europe – licensed and regulated Gibraltar Blockchain Exchange (GBE) and can become one of the first crypto trading platforms regulated by the European stock exchange.

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05 June, 2018 11:02

← US dollar changes slightly at Asian session

The American currency has shown almost no changes at the Asian session, staying at some 94. At the same time, the Australian counterpart remained downward directed on the interest rate decision of the Reserve Bank of Australia. The yen decreased affected by weak household spending data in the country. The US Dollar Index stayed above the 94 at some 94.06 for now. The rate peaked last Wednesday at 94.93 and managed to stay close to 94 since then.

US dollar changes slightly at Asian session

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04 June, 2018 17:35

Blockchain developer Qulian Technology completes funding round with $234 million investment →

China's Qulian Technology dealing in the blockchain segment and developing the Hyperchain project has reportedly announced the end of the Series B financing round, with CNY 1.5 billion ($234 million) being invested by Shanghai-based  Xinhu Zhongbao. Xinhu Zhongbao intended to invest CNY 1.23 billion ($192 million) into the mentioned company via $17 million and acquisition of new shares worth $175 million.

Blockchain developer Qulian Technology completes funding round with $234 million investment
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