Current Bitcoin Price: $3483 (as of 11:00 AM PST)
The cryptocurrency market is trending down several percent today, following a weekend in the green. Bitcoin is standing at $3483 following a 4% reduction on the daily chart, with XRP and Ethereum dropping similarly — as usual.
Currencies taking the biggest hits in the top-20 are Monero, Dash, NEO, and ZCash, all of which are down by 7-8% over the last 24 hours. There’s no good equivalent to those coins on the upside, as it’s only the stable coins of the top-50 that have managed to stay afloat.
Top Bitcoin & Crypto News Stories for 10th December 2018
Brave is the crypto browser making rounds for its sleek, user interface and built-in voluntary advertising platform. We’ve reported on the browser several times over the last months, and it’s been gaining users exponentially quickly.
Founder Brendan Eich has announced a collaboration with smartphone producer HTC, who will be including the new browser in their latest model, the HTC Exodus.
The market’s first stable coin, Tether, was created late last year and quickly gained millions of dollars in capitalization. Since then, a number of stable coins have been added to the list, with the total funds stored in stable coins slowly increasing.
A tweet from yesterday noted how the total market capitalization of stable coins has surpassed the level of $2.5 billion, suggesting that this money is waiting on the sidelines ready to pounce.
Last month, we had the great commotion of another hard fork: this time in the Bitcoin Cash network. Those choosing to leave the BCH protocol as it was, included Roger Ver, Bitmain, and Kraken.
Roger Ver and his fellow network supporters have been served a lawsuit by Florida company UnitedCorp, who claim the fork was an attempt at manipulating the network for their benefit.