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ethereum News

Banking cryptocurrency Ripple increases in value by over 50%

The cryptocurrency Ripple has more than doubled in price this week and is now the fourth largest by market cap. Ripple has overtaken Litecoin, another alternative coin with similar gains over the past week. Bitcoin's rally is driving the trend.

Both bitcoin and 2nd place competitor hit new highs

Bitcoin and ether (Ethereum) the first and second largest cryptocurrencies respectively by market capitalization set record highs back on Thursday both continuing rallies.

Ethereum a much more versatile competitor to Bitcoin

Ethereum involves a cryptocurrency called ether that can be transferred between accounts and used to reward participant "miners" for computations they perform and can be transferred between accounts.

Internxt announces ICO to build a 'brand new Internet'

Internxt, a new peer-to-peer cloud provider, has announced an initial coin offering (ICO) to fund its attempt to build a decentralised Internet. The company wants to solve technical roadblocks to reaching web decentralisation, offering more privacy.

Bitcoin and Ethereum are 'cannibalizing' gold

Investors have cash to burn right now, and based on the astronomical performance of cryptocurrencies like bitcoin and Ethereum, that's where a lot of it is getting funneled.
 

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