Steve Wozniak joins blockchain fund – October 17

Current Bitcoin Price: $6540 (as of 8:00 AM PST)

It’s another day of mixed, mostly-sideways trading in the cryptocurrency world. Bitcoin and Etheruem have both fallen in value by around 1%, while XRP is trading up close to 3% today.

Stellar is taking off today, with over 6% growth in its price and associated market cap, while protocol coin 0x has rocketed upwards more than 20% following recent news that it was added to Coinbase’s trading platforms.

Top Bitcoin & Crypto News Stories for 17th October 2018

Steve Wozniak joins blockchain fund

Steve Wozniak is an entrepreneur best known for founding Apple, one of the most influential technology companies to ever exist.

The tech mogul has just joined blockchain fund EQUI Global as a co-founder. In a blog post, he stated that he’ll personally be looking for new and exciting projects to invest in.

Scheduled Monero hard fork (-80% fees)

Monero is a major cryptocurrency best known for its privacy features. Unlike on the Bitcoin or Ethereum blockchains, you can’t track an individual’s payments on the Monero ledger.

A hard fork has been scheduled for the currency, called Beryllium Bullet. The goal of the fork is to reduce transaction sizes, and consequently transaction fees, by up to 80%.

Tether market cap falls $250 million

Tether is inarguably the most popular stable coin in the cryptocurrency market, with a market cap of over $2 billion. However, the coin’s come under fire recently for not wanting to conduct an official audit, in the wake of claims that the coins are not truly backed 1:1 by US dollars.

In today’s news, the coin’s market cap has continued to fall another $250 million as investors choose to switch their funds out into other, dollar-pegged stable coins.

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