Cryptocurrencies Updates

While traders scramble to buy real cryptocurrencies, there is a way to trade them – Contracts for Difference (CFDs). We offer the world’s leading cryptocurrencies updates for – Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ethereum Classic, Dash and Ripple. As a service to you, we wish to provide you with a quick weekly update on these.

• Industry analysts predict the Bitcoin price could surpass $6,000 by the end of the year, depending on whether the SegWit2x hard fork is implemented and, if so, how contentious and disruptive the fork is.

• The petition requesting amazon to accept Bitcoin and Litecoin as payment methods has now crossed 10,000 signatures.

• Christine Lagarde, the managing director of the International Monetary Fund indicated a staunch belief in the potential of virtual currencies like Bitcoin to supplant traditional money in coming decades.

• The US government has said that it is open to integrate cryptocurrency companies, exchanges, and trading platforms into the country’s banking industry. The cryptocurrency players are planned to be regulated by the US Department of the Treasury’s Office of the Comptroller of the Currency.

• China-headquartered international cryptocurrency exchange BTCC has officially suspended all local trading in yuan and cryptocurrencies. This is believed to be done in response to the Chinese regulatory pressure. However, the trading services outside China will continue as usual.

• Chinese Bitcoin exchange OKEx was hacked for $3 Million. Yet, the Chinese police refuse to log any cases due to the ban of Bitcoin trading in China. • According to Bloomberg, Goldman Sachs is currently exploring how it could help clients trade bitcoin and other digital currencies.

• Ross Ulbricht, the convicted operator of dark marketplace Silk Road, has dropped a long-standing claim to $48 million worth bitcoin that was seized by US law enforcement.

• South Korea’s ban on initial coin offerings (ICOs) did not impact the Bitcoin prices, unlike what happened with the Chinese ban.

• The crypto startup ETH888 has created an Asian-style online casino on the Ethereum blockchain where participants can play without registering.

• The largest Bitcoin marketplace in Germany, Bitcoin.de, has announced that they will soon integrate Ethereum on its platform.

• Litecoin creator Charlie Lee is the latest in line who is opposing bitcoin’s SegWit2x, as he believes that Miners and business cannot change Bitcoin without user consensus.

• Litecoin Developers are adding confidential transactions (CT), a privacy-enhancing feature proposed by Bitcoin and used by Monero, to Litecoin.

• Dash, the popular digital currency for payments, will soon be integrated into the crypto-banking platform, Wirex, allowing customers to pay with Dash online and in-store at over 40 million merchants accepting VISA worldwide.