Cryptocurrency

Bitcoin exchange rate crashes with the Dow Jones, the BTC Rebellion in the Pentagon, the 200% Ethereum rally, Coinbase makes courses pumps & Ripple News at a Glance

Welcome to our crypto Monday of the week in review of the KW 24! As usual, this week has again much to report significant and so it is not surprising that we can again come up with a whole range of interesting News for you.

Our topics this week across the Bitcoin price Crash this week, the risk is that the Pentagon is in BTC, the Potential behind the Ethereum rate and ETH Zurich as an investment, to conquer about Ripple’s plans for the European market to the recent rate Pumps through Coinbase Pro.

Of course, this was not Far from everything! However, much more is not revealed at this point, because in the Following, we have you in the usual regalia of the Highlights of the last week bit by bit and easily digestible manner.

But enough of the Preface. A lot of fun with our crypto Monday of the week in review!

Let us know what were for you this week the most exciting, or most important events, and discuss about it with our Community on Telegram.

Bitcoin price plunges parallel to the Dow Jones Crash under the 9.100 $-brand

Once again, the world’s largest crypto-currency Bitcoin looks to be at a level of$ 10,500 in with a large amount of resistance faced. On Thursday, the 11. June, a crashed the Bitcoin price already from 10,100$ 11% and fell to No. 9.012$. Although no clear explanation for this drop in the Bitcoin exchange rate could be found, correlated very strongly with the crash of the Dow Jones Industrial Average (INDEXDJX: .DJI), it crashed also on Thursday, in order of 6.90%.

This is the second Time this year that the Bitcoin exchange rate follows the traditional stock market. Learn in this article.

Bitcoin Rebellion in the Pentagon: The fight against BTC

That the current US government is no friend of the crypto currency Bitcoin, it has already been made several times in the past proof. The reigning US President Donald J. Trump said, for example, in the past, that he was not a Fan of Bitcoin. Also, Steven Mnuchin, in turn, the Minister of Finance, said repeatedly critical of the biggest and most popular crypto-currency.

A particularly controversial revelation made the news site “The Intercept”. This shows that the US Department of defense worked through already internal scenarios in which the “Generation Z” is planning a Rebellion against the Establishment. Bitcoin plays in this context a crucial role. In this article we’ve taken a look at the revelation and their meaning.

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Ethereum course before a 200% rally? The Ethereum network achieved a significant milestone

VeChain, DigiByte and DeFi Coins: Coinbase Pro makes rates rise

Anyone who has looked in the last few days on the courses of VeChain or, for example, DigiByte, you will have noticed that these are significantly increased. In addition to the above crypto and especially the section of the DeFi Coins was able to score currencies. This includes tokens as Aave (LEND), Bancor (BNT), Compound (COMP) or Synthetix (SNX) are included. As the reason of this is the Listing of new Token on Coinbase Pro.

In this article, we took a brief look at the course impact on VeChain, DigiByte and co.

Ripple ahead of the massive Expansion of the payment corridors for ODL and XRP in 2020

The flagship product, the Ripple is very likely to have the On-Demand Liquidity (short-ODL), which should make it faster and cheaper to send money across country borders, especially in the remissen market. However, the ODL requires, in addition to the crypto-currency, XRP, of course, the related payment of corridors, so that they can be successful. No wonder, then, that Ripple is constantly striving to close new partnerships and the Adoption of advance.

The most successful partnership the company has with the Mexican Crypto-stock exchange Bitso, which, according to statements of a Ripple Executive up to 10% of the Remissen payments between the United States and Mexico are transferred. When it comes to the statements of an employee, is Ripple by the year 2020 on the verge to close new profitable partnerships and new payment corridors to build. Learn to conquer in this article how Ripple is now also the European market.

Ethereum buy? – 80% of the owners are in the profit zone

You’re in the mood for even more Crypto News?

You should have this charge on Crypto News not yet passed, there are still a number of other Highlights from the KW24 to read on Bitcoin-Bude.de .

Have you noticed, for example, that the recent drop has brought the Bitcoin price in a precarious position? Or someone on the Ethereum block Chain has paid $ 2.6 million as a transaction fee? Meanwhile, the Cardano rate continued its price rally, was undeterred, however, for how long? At the same time IOTA is celebrating a further success, while a report reveals a grim development at EOS open.

And that’s not even the half of it! These news and many more you can find in the Crypto News review of Bitcoin Shop. Now the weekly review calls.

What were for you your personal Crypto-this week’s Highlights? Discuss with us in our Telegram Chat and follow our News Channel!

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About the author

Eve Manning

Eve Manning

A native Texan, Eve first started out as a Finance Analyst and later realized that her true passion was not in trading but in writing. She leverages her experience in the Finance industry to analyse and write in-depth news articles covering the Cryptocurrencies, Economy & Finance industries.

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