Cryptocurrency News
Bitcoin emerged in 2008, and presented the world with a digital currency that was based upon a groundbreaking blockchain technology that utilized a distributed ledger system. This helped produce a new monetary system that did away with centralized control and helped moved the world towards the adoption of trustless technologies. Despite still being under 10 years old, the blockchain system that Bitcoin uses may already be extinct due to the development of Hashgraph technology.
As the year comes to an end, it’s already time to look into the future and try and pick out the coins that will be the most influential in 2018. While currencies such as Bitcoin and Ethereum will always be major players, the following coins will also make serious moves over the next 12 months.
The MakerDAO team have recently announced the launch of their Dai coin after an extended period of development. The Dai acts as a stablecoin and seeks to provide traders and investors with increased options in a market that is well known for its volatility.
You should keep an eye on these three coins featured this week.
We selected three coins that should be on your radar next week.
Over the past week, a number of stories have started to emerge that detail a plot to bring down the price of Bitcoin (BTC). The plot takes the name of Operation Dragonslayer and supposedly picks up from the fallout of the failed SegWit2x fork.
On December 14, the US Federal Communications Commission (FCC) will vote to repeal governmental protections that allowed the FCC to outlaw the restrictive practices undertaken by Internet Service Providers (ISPs).
You should keep an eye on the two coins featured this week as both might importantly increase in price in the short term.
The month of November is proving to be one of the more monumental in the history of cryptocurrencies with a number of coins recording all time high prices over the past few weeks. However, Bitcoin still commands the majority of the focus and the premier cryptocurrency has recently broken through the mythical $10,000 barrier.
Founded in 2015, Cindicator (CND) uses the wisdom of crowds to improve decision making related to both cryptocurrency and more traditional investing. Users answer questions posed by the team on their platform and mobile app and make their own predictions regarding the financial and cryptocurrency markets. We predict that Cindicator is the coin to keep an eye on next week.
