Archive for  December 2017

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The worlds most popular cryptocurrency ended 2017 with a small dip from its record high. 2018 Promises to be another exciting year for all cryptocurrencies, with interest spiking over the past 3 months.

The rapid growth of virtual currency has triggered a boom within the employment market, with blockchain related jobs increased by around 306% in the last twelve months, while the price of Bitcoin went up by 900% in the same period.

Ripple’s price has reached another height this week at $1.52, with a market cap of $59 billion, which is bigger than world’s two largest tech startups Uber and Didi Chuxing put together.

President Alexander Lukashenko has given a green light for all cryptocurrency transactions and token offering, saying that this move will contribute to the future possibilities of foreign investments for the country.

The authorities reported that more regulations will be imposed on the speculative operation in the crypto market to prevent illegal transactions, as the country is responsible for 25% of all crypto trading volume.

In fact, this means the release of Ripple to a new market, as earlier the company specialized in interbank transfers. Support for the initiative has already been expressed by such major Asian companies as JCB, Sumitomo Mitsui Card and Credit Saison.

The cryptocurrency has crossed a $1 mark today, as the positive move started last week when a number of large global banks claimed that they are testing XRP’s block chain technology.

XRP is now the fastest and most promising asses on the crypto market. Ripple has shown a stable and reliable growth this year, which has triggered a large demand for this cryptocurrency recently.

Cardano’s price has rocketed by 1500% from $0.03 to $0.41 in just a few months with a market cap estimated at $13.11 billion. Such a rapid growth shows a good potential for the future of this token, according to the CCN portal.

Land Securities Group, that owns around 26,000,000 sq ft of property in UK claims that the blockchain technology will definitely play a substantial role in their business and property market overall.