📈 30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $8,409
Bitcoin price has fallen almost 3% over the last day of trading, finally making a move from its recent sideways movement.
Top-20 altcoins have responded poorly, with all coins down for the day. XRP is down 4%, while Ethereum has fallen 3%.
Top Stories for January 23, 2019 🔥
👉 Poloniex Bitcoin Reserves Continue to Deteriorate
A report by Coin Metrics has shown a consistent decline in Bitcoin held in Poloniex’s on-chain wallet, over the last year and a half.
Most of the fall happened to come after the acquisition by Circle, and continued following its sale to an Asian investor group.
Both the Poloniex Bitcoin reserves and API users have fallen by roughly 70%, over the last 18 months.
👉 Square Wins Patent for Crypto-to-Fiat Conversion Tech
Square has been granted a patent by the United States Patent and Trademark Office, for technology which enables real-time fiat-to-crypto transactions.
The instant conversion tech is designed to allow shoppers and retailers to be able to transact in cryptocurrency, without having to worry about price volatility.
👉 Almost $50m of XRP Has Been Sent from Bithumb to an Unknown Wallet
A series of XRP transactions totalling almost $50 million have been linked between South Korean Exchange Bithumb, and a single unknown wallet.
According to those tracking the transactions, the unknown wallet has been redistributing the XRP to other exchanges.