Markets:<\/p>\n
BTC\/USD hit the intraday low at $10,918 during early Asian hours and recovered to $11,224 by press time. The first digital coin has gained 1.5% of its value since the start of the day and stayed unchanged on a day-to-day basis, moving within a short-term bearish trend amid high volatility.<\/p>\n
At the time of writing, ETH\/USD is changing hands at $386.50. The price touched the intraday high of $366.00 during early Asian hours, but managed to gain the ground. ETH\/USD has gained over 2.5% in the recent 24 hours and 4.5% since the start of the day. The coin is moving within a short-term bearish trend amid high volatility.<\/p>\n
XRP\/USD is changing hands at $0.3025. The price hit the intraday high of $0.3043 on Monday. The coin has gained nearly 5% in the recent 24 hours and lost 3.6% since the beginning of the day. Now it is moving within the short-term bullish trend amid high volatility.<\/p>\n
Among the 100 most important cryptocurrencies, MCO (MCO) $5.37 (+33.7%), Ren (REN) $0.1876 (+15.9%), Ocean Protocol (OCEAN) $0.2313 (+14.0%) are the most successful. The day's losers are The Midas Touch Gold (TMTG) $0.0247 (-16.9%), Ampleforth (AMPL) $1.06 (-13.2%), Quant (QNT) $7.74 (-9.1%).<\/p>\n
Chart of the day:XRP\/USD, 30-min chart<\/p>\n<\/p>\n
Market<\/p>\n
Roger Ver, the CEO of Bitcoin.com, and the creator of Bitcoin Cash, pinpointed three main problems of the fifth-largest digital asset. In a keynote speech devoted to the third Bitcoin Cash anniversary keynote, Ver said: <\/p>\n
So the main things that I see as problems on the Bitcoin Cash network: let's get rid of the 50 unconfirmed transaction chain limit, let's make the unconfirmed transactions as irreversible as we possibly can through whatever consensus method is the most useful for that.<\/p>\n
He also called for more collaboration within the community, emphasized the importance of both business and software developers.<\/p>\n
Industry<\/p>\n
The team of EtherChain informed the community about the potential 51% attack on Ethereum Classic blockchain and recommended cryptocurrency exchanges to stop accepting deposits and process transfers while they work out what was going on.<\/p>\n
An Austrian blockchain company posted on Twitter:<\/p>\n
Today the #ETC chain experienced a chain reorg of 3693 blocks at block 10904146. This caused all state pruned nodes to stop syncing. It is likely caused by a 51% attack and all exchanges are advised to halt deposits & withdrawals immediately and investigate all recent tx.<\/p>\n
Regulation<\/p>\n
The Northern California District Court dismissed claims against Ripple Labs and XRP made by tow disappointed investors. They said that Ripple should have made a formal application to the U.S. Securities Exchange Commission (SEC) for their cryptocurrency XRP to become a security. However, the court came to the conclusion that the plaintiff failed to provide the necessary evidence to support their claims.<\/p>\n
The court found that the lead plaintiff failed to provide the necessary evidence in the courtroom to support multiple claims regarding XRPs non-security status, Brad Garlinghouses personal holdings and monetary intentions, XRPs sale strategy, as well as the companys software products, the verdict says, cited by Law360.<\/p>\n
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Excerpt from: <\/p>\n
Cryptocurrency News Update: Bitcoin claws back ground above $11,000, XRP is on fire again - FXStreet<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Markets: BTC\/USD hit the intraday low at $10,918 during early Asian hours and recovered to $11,224 by press time. The first digital coin has gained 1.5% of its value since the start of the day and stayed unchanged on a day-to-day basis, moving within a short-term bearish trend amid high volatility. At the time of writing, ETH\/USD is changing hands at $386.50 Continue reading