Marketing With Tip

Ripple has risen by almost 3,000% this year

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Ripple has risen by almost 3,000% this year It’s not just Bitcoin and Ethereum posting astonishing gains. Ripple, a cryptocurrency based out of San Francisco, has risen in value by almost 3,000% this year.   One Ripple token, known as XRP, is currently valued at just below US20 cents. XRP started the year at the fractional value 0.0065, but experienced rapid growth in the June quarter as transaction volumes increased.   According to a report by CNBC, that growth was primarily driven by plans to set up a platform for the sale of XRP tokens.   XRP tokens differ from [...]

The crypto-currency craze

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The crypto-currency craze   In the late 1990s, as investors woke up to the promise of the internet, shares in any company with dot.com after its name soared to giddy heights. Then the bubble burst. Now there are warnings of another technology investment bubble - this time related to the fascination with crypto-currencies such as Bitcoin. On the Tech Tent podcast this week, we examine the phenomenon of ICOs - Initial Coin Offerings - which have seen over $1bn raised so far this year from investors who get little more than a token and a vague promise of involvement in [...]

Bitcoin is booming because a split in the cryptocurrency has been narrowly averted

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Bitcoin is booming because a split in the cryptocurrency has been narrowly averted   Bitcoin has risen as much as 28% over the past 24 hours, driven by news that an imminent split in the cryptocurrency has been narrowly averted. The price of bitcoin nearly hit $3,000 late on July 20, within spitting distance of its all-time high, set last month. The remarkable rally took place as bitcoin’s miners coalesced around one of several competing proposals that would increase the number of transactions that can be processed on the network. The issue has gained urgency in recent months, because one [...]

Bitcoin recovers from crash to surge above $2,500

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Bitcoin recovers from crash to surge above $2,500   BITCOIN'S price has continued to bounce back, and rocketed by around 40 per cent over the last three days as it recovers from lows seen at the start of the week. The cryptocurrency jumped above $2,500 towards $2,600, after touching lows of $1,852 on July 17.   Traders were spooked by fears that Bitcoin could be split.   But the recovery has been helped after software has helped bridge the gap between bitcoin miners.   The cryptocurrency has previously reached record highs of $3,000 but some analysts have predicted the rally [...]

From Mining to Investing in Cryptocurrency

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From Mining to Investing in Cryptocurrency   What Is Mining Mining is the process by which transactions of crypto currencies are secured. For this purpose, the miners carry out mathematical computations for the network with their computer equipment. As a reward for their services, they collect the newly created coins, as well as the fees associated with the transactions they confirm. In this sense, miners are competing and their incomes are proportional to the computing power they deploy. To better grasp the concept of mining, Andreas Antonopoulos, one of the most well-known and well-respected figures in the Bitcoin community, explains [...]

Austrian Post Offices Sell Bitcoin, Ethereum and More For Cash

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Austrian Post Offices Sell Bitcoin, Ethereum and More For Cash Post offices in Austria are offering bitcoin, Ethereum, Litecoin and Dash in exchange for cash through “bitpanda to go,” a startup that focuses on making the purchase of cryptocurrencies easy. Users can purchase 50 €, 100 € or 500€ worth of cryptocurrency from the Osterreichische Post branches. Post offices in Austria are offering bitcoin, Ethereum, Litecoin and Dash in exchange for cash through “bitpanda to go,” a startup that focuses on making the purchase of cryptocurrencies easy. Users can purchase 50 €, 100 € or 500€ worth of cryptocurrency from [...]

Are Cryptocurrencies Recovering or is This a Dead cat Bounce?

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Are Cryptocurrencies Recovering or is This a Dead cat Bounce?   No one can say there is such a thing as a boring day in the world of Bitcoin and cryptocurrency. After the onslaught of price declines throughout the weekend, we kick off this Monday on a positive note. All currencies are seemingly recovering their losses. The Bitcoin price surpassed US$2,000 again, but it looks like Ethereum is the winner of the day so far. Other currencies all doing quite well too, for now.     CRYPTOCURRENCY MARKET SEES A DEAD CAT BOUNCE Even though we are not a big [...]

3 reasons cryptocurrency prices are in free fall

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3 reasons cryptocurrency prices are in free fall Whether it be Bitcoin or Ethereum, every cryptocurrency has suffered massive losses over the past several days. Prices have dropped to as low as 64 percent, bringing the entire cryptocurrency market cap down to $70 billion from $110 billion. Ethereum’s price has gone from $400 right down to $151 in about a month, leading investors to panic sell. On the other hand, Bitcoin, which dominates the cryptocurrency market is down about 36 percent from its high (it’s currently trading around $1,894). Investors are finding it hard to hold onto cryptocurrencies at such [...]

Cryptocurrency fall continues ahead of Bitcoin’s ‘civil war’ conclusion on Aug 1- Ether below $200

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Cryptocurrency fall continues ahead of Bitcoin's 'civil war' conclusion on Aug 1- Ether below $200 Bitcoin prices fell below USD 2,100 today and are inching towards breaking the USD 2,000 level, as bears continue their rampage on cryptostreet. Cryptocurrencies continue to bleed as speculators remain jittery ahead of bitcoin’s scaling debate conclusion on August 1. The total market cap has dropped by USD 9 billion, a 11 percent fall, in the past 24 hours, according to coinmarketcap.com. Bitcoin prices fell below USD 2,100 today and could soon break the USD 2,000 level, as bears continue their rampage on cryptostreet. The [...]

Cryptocurrency Investors Must ‘Be Prepared to Lose Everything’

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Cryptocurrency Investors Must 'Be Prepared to Lose Everything'   Potential investors in cryptocurrencies should focus on finding a great new concept rather than rushing to buy volatile Bitcoins, Dr. Campbell Harvey told Radio Sputnik.   The market in Bitcoin and other cryptocurrencies has been subject to remarkable growth but also volatility in recent months. On June 11, the price of Bitcoin peaked at $3,019, an increase of more than 300 percent since the beginning of the year. However, the price has dropped since then and the cryptocurrency was trading at $2,207 on Friday.   The value of the Ethereum cryptocurrency [...]