Latest News On Cryptocurrencies

The tales of  fortunes made on Bitcoin  are numerous, but every now and then a unique and lovable tale captures the hearts of many - and has them green with envy. Enter Eddy Zillan, who made a fortune investing the money he was gifted for his Bar Mitzvah on various cryptocurrencies. According to  The Telegraph , the young investor entered the market at the tender age of 16-years-old. Playing around with an initial $1,000, his trading hobby was boosted by a $5,000 injection from his Bar Mitzvah. The industrious youngster wasn’t just bank-rolled, he worked during holidays to make more money to invest. “I then invested another $6,000 through money I earned and saved from working summer jobs.” Seeing some returns on his investments, Zillan went about researching the tricks of the trading world as he looked to make his money work. He entered the market at a time when there was little information on cryptocurrency trading - considering himself a self-taught tra...

NEW DELHI: One of the most extravagant predictions sees bitcoin at $1 million within three years. But that's a story for another time.  Bitcoin, undoubtedly the most talked about asset class today, has spurted over 1,500 per cent on a year-date-basis so far and over 115 per cent in the past one month.  But a little known cryptocurrency has put to shame the meteoric rise in bitcoin.  With a rally of astounding nearly 1,000 per cent in the past one month alone, IOTA is now the fourth biggest crytocurrency in terms of market capitalisation after bitcoin, ethereum and bitcoin cash.  Prices of IOTA surged 980 per cent to $4.14 on December 7, 2017 from $0.38 on November 7. The e-currency has surged over 180 per cent in December so far.  According to coingecko.com, IOTA is a distributed ledger for the Internet of Things. The first ledger with microtransactions without fees as well as secure data transfer.  Announcement of partnership with major companies l...