News from the cyrpto market - News 4th of Marts
This is a summery of the news in the cypto world i think is worth a read.
Bitcoin Comes Down From $11,500 Highs To Challenge $11k Support
Bitcoin is retesting support at $11,000 after reaching highs of $11,528 Sunday, the latest cross-exchange data shows.
According to Coinmarketcap, Bitcoin retook the $11,000 mark early Saturday before resistance closer to $12,000 kicked in a day later.
This Automaker Just Became the First to Test Blockchain in Its Cars
"In its simplest form, blockchain is the digital, distributed, and decentralized ledger often tethered to cryptocurrencies that's responsible for logging all transactions without the need for a financial intermediary. In other words, it allows people or businesses a completely new way to send funds without using traditional banks as the middlemen."
"But some of the most intriguing blockchain ideas are the one's you've probably never considered, such as automotive companies that use blockchain technology in vehicles."
Coinbase Faces New Lawsuit Over Alleged Bitcoin Cash Insider Trading
It is not the first time Coinbase has faced a major lawsuit. The previous legal action was part of its ongoing spat with the IRS, which eventually ended in a win for the government agency, albeit in a limited fashion. This latest lawsuit, however, may prove to be a lot more damaging for the company. Allegations regarding insider trading associated with the listing of Bitcoin Cash is not something to be brushed aside.
How XRP Fits Into Ripple's Payments Products Explained
Winning the attention of new investors (so much so that XRP shot up over 1,000 percent earlier this year) as well as new clients (with announcements rolling out at a slow and steady clip), the enterprise blockchain startup has been the talk of crypto in 2018.
Yet, newcomers should note that much of the enthusiasm stems from certain claims by the startup - namely, that its tech could revolutionize international payments, innovating on outdated methods for routing messages and money between financial behemoths.
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