Bitcoin, Other Crytocurrencies Drop in Monday Trading

Submitted by Guest on

Written by :

Guest

Published on :

Bitcoin, Other Crytocurrencies Drop in Monday Trading

Bitcoin and Ripple 6.3 percent and 8.9 percent, respectively, while Ethereum remained steady Monday.


Now accepting most forms of crypto-currencies

Ripple traded 8.9 percent lower on the Bitstamp exchange while Coinmarketcap.com showed its price down nearly 25 percent.

Bitcoin was off by 6.3 percent with its futures falling 12% at CBoe,  trading at $15010 as of 2:31 p.m. New York time. Litecoin fell 5.1 percent according to Coinbase.

Five-year-old Ripple has been on fire of late.  It is currently among the 60 plus cryptocurrencies accepted at the online poker room Americas Cardroom.

"The reason ripple is surging so much is it's a bubble," said Erik Voorhees, CEO of digital asset exchange ShapeShift and a vocal advocate for bitcoin as a way to separate money and the state. "Testing crypto with banks doesn't make sense. The whole idea of crypto is you don't need banks."

Cryptocurrencies are plunging, led by ripple, bitcoin from CNBC.

- Aaron Goldstein, Gambling911.com

Related Content

Are Changes on the Horizon for Sweepstakes Casinos in the US?

Are Changes on the Horizon for Sweepstakes Casinos in the US?

Sweepstakes casinos offer a very similar experience to online casinos. You can still play your favorite games like slots and blackjack, it is just the winnings that are different. Instead of winning real-money, sweepstakes work slightly differently.
Plataformas de Cassino Online Continuam Acessíveis no Brasil Após Decreto de Lula

Plataformas de Cassino Online Continuam Acessíveis no Brasil Após Decreto de Lula

Com a expressiva vitória de Lula nas eleições brasileiras da semana passada, é praticamente certo que os jogos de azar online continuarão sujeitos a restrições no país, a menos que o setor consiga uma vitória na Justiça.
Ultra Panda to Ultra Thunder: The Credit and Agent Account Questions Operators Must Resolve

Ultra Panda to Ultra Thunder: The Credit and Agent Account Questions Operators Must Resolve

If an agent still has Ultra Panda credits, the appearance of Ultra Thunder in a supplier catalog creates an immediate question: what happens to the old balance? For store owners and distributors, that matters more than a new logo or a list of games.
Casinos Like – The Trusted Source for UK Online Casino News

Casinos Like – The Trusted Source for UK Online Casino News

The UK online casino industry is one that is evolving greatly in recent times, with new regulations that are already shaping a different future for the market.