Current Bitcoin Price: $6471 (as of 10:00 AM PST)
These days the cryptocurrency market is either up or down half a percent in any given 24 hour period. That’s true for today, with the price action pushing Bitcoin, Ethereum, and Ripple down about a half a percent on average.
Looking further afield, top-30 coins Dogecoin and Decred have both fallen by more than 5%, following a trend they had set earlier this week.
Top Bitcoin & Crypto News Stories for 25th October 2018
Substratum is a blockchain project that aims to economize the storage of web content, with those who run nodes to host that content receiving a reward for it in the form of Substratum tokens (SUB).
The project, which has a market cap of over $40 million, has come under fire for claiming to have an exclusive partnership with the National Christian Foundation, which they have denied.
Nicholas Merten is the host of DataDash, a popular cryptocurrency and finance related YouTube channel. He hosts the DashCast, a podcast featuring relevant guests in both spaces.
The latest guest is Colin LeMahieu, founder of one of Merten’s favorite cryptocurrency projects — NANO. The entire podcast is available with video on YouTube with the link above.
Earlier this month Tether came under fire with allegations that not every coin was backed by a real US dollar. This outrage saw the coin’s price to fall below $0.90, from which it has promptly recovered.
They’ve just announced that they will be destroying 500M coins from the Tether treasury, in accordance with their whitepaper’s redemption process.