Bitcoin Stays Over $3,600 as Most Top Cryptos See Slight Gains

Ripple (XRP) has seen its value undergo little change in the 24 hours to press time, trading at around $0.316, gaining little over half a percent on the day. On its weekly chart, the current price is lower than $0.332, the price at which XRP started the week.Second-largest altcoin Ethereum (ETH) has also seen its value increase by over half of a percent over the last 24 hours. At press time, ETH is trading at $117, having started the day about one dollar lower. On the weekly chart, Ethereum’s current value is lower than $125, the price at which the coin started the week.Also, a survey by trade association the Global Blockchain Business Council recently showed that 40 percent of institutional investors believe blockchain may be the most important innovation since the internet.


Realizing the abundance of potential for Zcash, Crypto exchange adds support for Zcash

Major American cryptocurrency exchange and wallet provider Coinbase has revealed support for Zcash (ZEC) at Coinbase.com and the exchange’s Android and iOS apps, pertaining to a blog post published Dec. 5. According today’s announcement, Coinbase customers are allowed to purchase, sell, send, receive, and store ZEC. The coin will be available for the customers in most jurisdictions, but first, the customers from the United Kingdom and the state of New York will not be able to enjoy the service. Coinbase further notes that further jurisdictions may be revealed later. Since Zcash is a digital currency based on a decentralized blockchain and designed with the aim of making transactions more private

Chinese firm releases indices for altcoin

Chinese cryptocurrency mining giant Bitmain released several price indices. The Bitmain Crypto Index (BCI) comprises real-time spot price reading which refreshes every second, along with a daily reference price. The spot index covers the 17 largest cryptocurrencies by market cap. The product was developed to provide institutional and retail investors with a transparent, timely, methodology-based, and investable benchmark of the most active cryptocurrencies traded globally. It is aiming to track the largest assets for both institutional and retail investors. BCI forms the latest branching out for Bitmain as the company undergoes a significant period in its history.

Hardware wallet supports monero

Ledger, the French company, which along with Trezor and KeepKey is one of the oldest hardware wallet manufacturers in the industry. Cryptocurrency hardware wallet manufacturer Ledger has updated its support of altcoin Monero (XMR) for its Nano S device, the company confirmed in a press release. Like its competitors, Ledger continues to focus on supporting as many of the popular cryptocurrencies as possible, as security of holdings becomes an ever more pressing issue for investors. In October, Larchevêque revealed Ledger had sold over 1.3 million Nano S units. Monero is currently ranked 12th among cryptocurrencies by market capitalization.

Delisting another wave

Major Hong Kong-based cryptocurrency exchange OKEx announced it was delisting a second swathe of trading pairs due to weak liquidity. OKEx, which announced its intention to begin delisting certain pairs and tokens in October and removed the first batch. It will now remove 49 pairs. Some assets will lose certain trading pairs, while withdrawals of 26 tokens are set to disappear altogether starting at 5 a.m. CET Nov. 30. Regularly topping volume charts, OKEx is currently the second-largest exchange in the world by volume, with only Binance handling more value per day. Officials have opted to add a string of new tokens in the form of stablecoins. Some of it came only a month ago

The garrulous significance- Overstock’s CEO is on the verge of selling his retail arm

Cryptocurrency is the gamut of the benevolence offered it to its citizens. However, this gamut has its own competitions. The CEO of Overstock is on the verge of selling his retail arm for the sake of developing blockchain,Altcoin and crptocurrency. He stated his opinions saying that “I don’t care whether tZero is losing $2 million a month,” Mr. Byrne said in an interview with WSJ. We think we’ve got cold fusion on the blockchain side.” Fred Wilson, on the other hand claimed that Ethereum looks like an easiest crypto “to make a bull case for right now.”