Current Bitcoin Price: $8218 (as of 8:00 AM PST)
It’s a day in the green for the cryptocurrency market, but success is varying wildly across the major coins. Stellar, for example, is up a further 7% after last week’s bull run, while Ripple is up just 1%.
Similarly, Bitcoin has risen by just one percent. If anything, it seems like we’re returning to last year’s altcoin cycle — whereby gains would periodically alternate from Bitcoin to the rest of the market.
Top Bitcoin & Crypto News Stories for 26th July 2018
IOTA is the Tangle-based currency coin that’s been boasting about its impressive collaborations for years. Those include Bosch and Volkswagen — although the extent of the “collaboration” is unclear.
The team has announced yet another partnership, this time with Audi’s Berlin-based “Think Tank”. The duo aim to explore Tangle use cases and build prototypes for early customer feedback.
LocalBitcoins.com is the website of choice for those looking to sell Bitcoin privately, with payment in cash, bank transfer, or even gift cards. PayFair is a lesser-known alternative that’s pushing to gain traction.
That’s why the PayFair team have decided to change their pricing structure to a zero maker fee, which means those who publish offers on their marketplace won’t pay a penny for the privilege!
Last month saw two major Korean exchanges, Bithumb and Coinrail, hacked for over $40 million. Despite that, Korean officials still have a positive outlook on cryptocurrencies.
As a result, authorities in the country are pushing for quick legitimization of cryptocurrencies — along with the decisions on any relevant regulations — so as to prevent further hacks.