Current Bitcoin Price: $3855 (as of 10:00 AM PST)
Overall the cryptocurrency market is up just over one percent today. While Ethereum and Bitcoin are only up about 0.5%, it’s XRP, EOS, and Litecoin with 3-5% gains that are pulling the rest of the market up. However, the entire market is up by at least a few fractions of a percent, barring the stablecoins.
Top Crypto News Stories for 1st March 2018
6 months ago, Bitcoin was trading for more than $8000 a piece. Through late summer and early winter of 2018, Bitcoin fell to the $6000-$6500 range, before dropping into the $3000-$4000 range in December, in which it has stayed.
As such, Bitcoin had closed six successive red months in a row… until today! Bitcoin has just closed its first month in the green in quite a while.
Last month, we reported on the loss of millions of dollars of cryptocurrencies as the CEO of cryptocurrency exchange QuadrigaCX passed away, taking access to the exchange’s cold storage to the grave with him.
However, over 600 thousand Ethereum tokens, worth almost $100 million, have been discovered, spread across various cryptocurrency exchanges. This means there may be hope for token holders who lost their funds on QuadrigaCX.
Constantinople is an Ethereum performance upgrade that was supposed to go live last month, but experienced last-minute delays due to a pretty serious bug.
With all bugs out of the way and some testing done too, Constantinople — a hard fork to the Ethereum network — has gone live today!