Charlie Lee Sold All His Litecoin
Charlie Lee (the creator of Litecoin) has sold/donated all of his Litecoin. The idea being this will let him focus on Litecoin development and comment on it freely.
Bitcoin Cash Listed On Coinbase/GDAX; Insider Trading Investigated By Coinbase
Bitcoin Cash was listed on Coinbase/GDAX on Dec. 19. There were some questionable price increases in the hours leading up to the listing. Coinbase is investigating insider trading.
Coinbase/GDAX Listed Bitcoin Cash
They rumors were true. Coinbase/GDAX has listed Bitcoin Cash. Bitcoin Cash will now be tradable on both Coinbase and GDAX.
Total Market Capitalization of Cryptocurrency Exceeds $600 Billion
The total market capitalization of the cryptocurrency market has gone from $60 billion in September 2017 to over $600 billion in December 2017.
GBTC Hits All Time Highs; What Can This Tell Us?
GBTC (the Bitcoin Investment Trust) hit $3,350 today. That is the equivalent to about $34k per Bitcoin. This tells us demand for Bitcoin is strong.
The Relationship Between Altcoins and Bitcoin (Simple)
Bitcoin’s price movement generally affects altcoin prices. The relationship isn’t always predictable, but there are some common trends.
GDAX/Coinbase Plans to Add New Coins in 2018
Coinbase plans to add new coins in 2018. This was confirmed by Coinbase’s CEO on CNBC. However, they haven’t announced which coins will be added.
Attention New Cryptocurrency Investor, Don’t Let a Correction Shake You
Attention New Cryptocurrency Investor: Every few weeks (if not less) Bitcoin corrects by 5% – 20%, as do other cryptocurrencies. Often they all do at the same time. Don’t let that worry you.
Litecoin Surges to $400
Litecoin (LTC) surged from $100 to $400 from Friday to Tuesday Dec. 12 in terms of USD. In terms of Bitcoin it went from .005 BTC to over .02.
What Will Futures Trading Do to Bitcoin and Altcoins?
Although no one knows what the effects of futures trading will be, one should keep in mind that futures could have an uplifting effect on Bitcoin.