Following a rough and tumble week where most major cryptocurrencies and altcoins were trapped in the red, brief signs of recovery on Monday have reversed as Bitcoin, Ethereum, and Ripple continue to drop in price.
Recent activity on the United States' east coast also shows that hype surrounding digital currency and blockchain technology hasn't died down, despite price dips and market volatility.
Since our last price piece, ETH has experienced a price dip and is now trading for $686.90 - about the same from where it previously stood.
The high attendance marks for both the Consensus and Ethereum events suggest that investor interest in cryptocurrency remains high despite ongoing volatility.
Bitcoin Cash has witnessed a solid drop in its price since our last article.
Previously trading at just over $1,400, the currency is now trading for about $1,253.
On Monday, the Winklevoss Twins announced they were adding Bitcoin Cash to their New York-based cryptocurrency platform Gemini Exchange.
While trading details have not yet been released, the company has also stated that it will enable Zcash deposits beginning on May 19, making Gemini the first official Zcash trading platform in the U.S.Litecoin.
Litecoin is trading for about $136. This marks a four-dollar decrease since our previous price piece.
Litecoin will be joining Bitcoin Cash on the Gemini Exchange, and while details are scarce for now, the news may have instigated the currency's temporary rise beyond the $145 mark.
Crypto Watch: Price Drops for Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin
Published on May 16, 2018
by Cryptoslate | Published on Coinage
China's Latest Government-Backed Crypto Rankings Put EOS 1st, BTC 17th
The second round of China's state-backed monthly ratings of cryptocurrencies and blockchain projects has been released, Cena News reported June 21.
Mike Butcher of TechCrunch: It Is up to the Industry to Get Its Own House in Order
Mike Butcher, an editor-at-large of TechCrunch is a pioneer of the tech and journalism industries.
Paris Hilton's Father to Auction $38 Million Roman Mansion Through Cryptocurrency
Paris Hilton's father, Rick Hilton, chairman of Hilton and Hyland and the family namesake of the Hilton Hotels is selling a $38 million Roman mansion through a cryptocurrency auction.
Overwinter Ahead: What Should Happen When Zcash's First Hard Fork Hits
Privacy-oriented cryptocurrency zcash is about to undergo its first-ever hard fork.