As bitcoin prices stabilise, darkcoin continues its rapid rise while the dogecar campaign saves someone's life.

Bitcoin has had almost a week now of no significant change in value. It has been hovering around the $440 (261) mark for since last Monday, with this period of relative calm coming after a month of turmoil for world's leading cryptocurrency.

The rest of the market has also been relatively stable reflecting the major ties all other cryptocurrencies have to bitcoin despite their best efforts to move out of its shadow.

There is one however which has been bucking the trend of the last week, and that is the anonymity-focused darkcoin.

Darkcoin rise shows no sign of stopping

In the last 24 hours darkcoin has seen its price jump 53% putting its market capitalisation now over $30 million - which is up from $11 million just seven days ago.

The altcoin which promises much more anonymity than bitcoin has seen its price rocket in recent days because of the release of an updated version (release candidate 2 or RC2) of its secure and anonymous payment system called DarkSend.

Some on the darkcoin Reddit thread believe that it could soon overtake litecoin as the world's second biggest cryptocurrency, though it has a long way to go considering litecoin's market cap is almost $300 million.

Darkcoin promises to remove the ability of people to track payments through the blockchain, saying this is a huge flaw in the way bitcoin works.

Dogecoin saved my life

View post:

Cryptocurrency Round-Up: Darkcoin Rise Continues; Dogecoin Saved My Life & Bitcoin Explainer Videos