Current Bitcoin Price: $7288 (as of 8:00 AM PST)
The market really is mixed today, albeit leaning more towards the green side of things. Bitcoin is up a further 1% to continue its streak, leaving it with a valuation just dollars short of $7300. Ethereum and Ripple, which have shared movements over the last weeks, happen to be down by half a percent each.
Doing particularly well today are Ethereum Classic and Monero, which are up by more than 7 and 8 percent respectively. Dogecoin is up similarly, following a correction after last week’s bull run.
Top Bitcoin & Crypto News Stories for 3rd September 2018
We’re in market that some claim to be bullish and others bearish, which can make it extremely unsettling when a whale gets moving.
That’s exactly what happened last week when a wallet containing over $1 billion of Bitcoin and other Bitcoin-derived assets, like Bitcoin Cash, had its funds transferred to Binance and Bitfinex after more than 4 years of inactivity.
Bitconnect was a cryptocurrency offering high-yield returns to its investors from early 2016, which gained great momentum last year before being outed as a scam in December 2017.
To this day, users are continuing to attempt to list the worthless token on new exchanges in order to sell the tokens off and minimize their losses.
Cryptocurrencies are slowly starting to make their way into everyday life. You can now purchase goods from a variety of internet stores for cryptocurrency, but what about their presence in brick and mortar stores?
Aside from the Bitcoin ATMs which are popping up around the world, Walmart locations across the US have begun offering Bitcoin-branded chocolate coins!