Almost all the top cryptocurrencies - Bitcoin, Ethereum, Ripple, EOS - contributed to the market collapse. Although the price of Bitcoin fell only 6% against the US dollar, EOS, Bitcoin Cash, Litecoin, Monero, Ethereum, and Ripple suffered much larger losses. Among all the altcoins, Stellar stands out in the top 10 cryptocurrencies, which managed to lose only 6% in the bear market.
The largest developers of graphic architectures note a serious drop in sales of video cards due to weakening interest in mining in the second quarter of 2018.
Yesterday's avalanche decline in the market has stopped and today the movement will continue in consolidation
Even Goldman Sachs, the Wall Street giant that trades the market's most complex assets, can't find a way to sell bitcoin because regulatory issues are still pending.
Australian company Byte Power Group (BPG) intends to launch the first cryptocurrency exchanger in the country through an ICO. This information appeared on Wednesday, September 5. In a statement to the Australian Securities Exchange (ASX), BPG said it had successfully resolved regulatory issues that were discovered last month and decided to publish details of the fundraising campaign.
IBM recently announced that it is launching Blockchain World Wire (BWW), an international payment system with lower costs and faster transaction times, which is expected to phase out the need for banking intermediaries.
Popular cryptocurrency hardware wallet Ledger Nano S announced today that it will add EOS to its list of supported cryptocurrencies. The coin is currently the fifth largest cryptocurrency by market capitalization.
On the last day of summer, Reddit user "sick_silk" reported that the owner of a large wallet associated with SilkRoad was actively moving funds, dividing them into 100 coins and dumping them into 80 smaller wallets. The crypto community immediately assessed the threat of releasing such funds onto the crypto market.
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