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Cryptocurrency Market Gains $10 Billion in Past 24 Hours

Written by:
C Costigan
Published on:
Jun/02/2018

The cryptocurrency market as a whole has seen an increase of roughly $10 billion over the past 24 hours.

Bitcoin, Ripple, EOS, Stellar, and Tron were each up between 2 to 16 percent over this period of time.

EOS was the strongest performer with a 16.24 percent gain. Read More Here

MORE CRYPTOCURRENCY NEWS

South Korea Clarifies Its Stance on Bitcoin in Wake of Ruling - The South Korean government has clarified its position in response to the recent ruling by the country’s Supreme Court stating that cryptocurrency is an asset with measurable value that can be confiscated. The government says its position should be viewed separately from that of the Supreme Court.

The case involves a porn site operator and his 191 BTC. This decision represents the first time the Court has recognized cryptocurrency as property. Read More Here

Bitcoin Cash Fund Site Started to Push the Cryptocurrency - The community-driven platform is a non-profit organization that uses any funds donated to promote projects which hasten the adoption of Bitcoin Cash [BCH]. Bitcoin Cash is a cryptocurrency born from Bitcoin in a hard fork in August 2017.

The website, bitcoincashers.org, is a portal that will educate the masses about cryptocurrencies.  Read More Here

- Aaron Goldstein, Gambling911.com

 

Business/Financial News

Mastercard Expands Cryptocurrency Services With Wallets, Loyalty Rewards

Mastercard Expands Cryptocurrency Services With Wallets, Loyalty Rewards

Mastercard Inc said on Monday it would allow partners on its network to enable their consumers to buy, sell and hold cryptocurrency using a digital wallet, as well as reward them with digital currencies under loyalty programs.

Bitcoin Notches Record High, Day After U.S. ETF Debut

Bitcoin Notches Record High, Day After U.S. ETF Debut

Bitcoin climbed to a record high on Wednesday, and the first U.S. bitcoin futures-based exchange-traded fund (ETF) built on gains after a solid debut on Tuesday.

Bitcoin Bull Mark Yusko Sees Trouble at $60,000

Bitcoin Bull Mark Yusko Sees Trouble at $60,000

Speaking to CNBC this week, hedge fund manager Mark Yusko believes investors will take profits due to the cryptocurrency’s sharp rally over the last few weeks.

U.S. Becomes Largest Bitcoin Mining Centre After China Crackdown

U.S. Becomes Largest Bitcoin Mining Centre After China Crackdown

The United States has overtaken China to account for the largest share of the world's bitcoin mining, data published on Wednesday by Britain's Cambridge Centre for Alternative Finance showed.

Fake New: How an Elaborate Hoax in the Crypto Space Led to Death Threats

Fake News: How an Elaborate Hoax in the Crypto Space Led to Death Threats

We can probably speak on behalf of CoinGeek when we say, near and dear to our hearts was today's panel on Media Influence: How News Reporting Affects the Digital Asset Market.  Like Gambling911.com, CoinGeek we know strives to report fair and balanced news.  But not every story out there in the digital assets space proves to be factual. 

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