Current Bitcoin Price: $6418 (as of 9:00 AM PST)
Bitcoin saw a flash crash last night, falling $200 before finding momentary support around the $6150 mark. What doesn’t kill you makes you stronger, or so was the case for the world’s most popular cryptocurrency, which then spiked up to the $6400 level its been quietly sitting at for hours now.
In other news, Ripple is pumping again — having risen more than 13% in the last 24 hours — with most other major coins following Bitcoin. In fact, the only top-20 cryptocurrency not in the green is NEM, which is down less than one percent today.
Top Bitcoin & Crypto News Stories for 20th September 2018
Bitcoin adoption is on the rise, regardless of what markets say. Everyday the currency is finding new ways to pique the public’s interest, and that’s reflected in the multitude of new ways to use it, buy it, and even talk about it.
The latest in adoption can be found in Apple’s new iOS 12 operating system for its tablet and mobile phone devices. In the “Glyphs” section of Siri’s new shortcut feature, there’s now not one, but two Bitcoin icons.
PNC Bank is a Pittsburgh-based financial services group, and one of America’s biggest banks. RippleNet, on the other hand, is Ripple’s international network of banks and other financial institutes leveraging the currency to make payment faster and safer.
News has come in that PNC Bank is next to join the global group, which is not only a step in the right direction for Ripple adoption, but also a genuinely useful feature for clients of the bank.
Binance CEO Changpeng Zhao has been featured a lot on this newsletter of late; that’s with good reason given his social media presence and the wide range of things he’s trying to accomplish in the crypto space.
He has just unveiled plans to create more than 10 new exchanges around the world. For those wondering why he’d split them all up, it’s probably to make fitting into regulatory frameworks as well as accounting concerns easier.