Bitcoin Declined by 30% Five Times in 2017, Recent Correction is Tolerable

Bitcoin Declined by 30% Five Times in 2017, Recent Correction is Tolerable   As CNBC Africa’s CryptoTrader host and producer Ran Neuner noted, bitcoin declined by 30 percent on five different occasions in 2017. This month’s 20 percent correction in bitcoin is tolerable, given the major corrections it had experienced in the past 12 months. Major…

Ripple’s Co-founder May Have Lost Nearly $12 Billion as XRP Continues to Slide in the ‘Cryptocurrency Bloodbath’

Ripple’s Co-founder May Have Lost Nearly $12 Billion as XRP Continues to Slide in the ‘Cryptocurrency Bloodbath’   Ripple’s XRP cryptocurrency has fallen by more than 60%since January 1 as the cryptocurrency bloodbath continues.  Co-founder Chris Larsen, who holds 5.19 billion XRP, could have lost nearly $12 billion because of the slump. The cryptocurrency bloodbath has wiped billions from markets as…

Cryptocurrency Processor Vogogo Closes $12.5 Million

CRYPTOCURRENCY PROCESSOR VOGOGO CLOSES $12.5 MILLION   Vogogo is a payment processor which is not strictly focused on cryptocurrency, but more on its clients. Its other offerings include know-your-customer and anti-money-laundering services for firms transacting in Bitcoin and in general. The company could represent a real disruption for the industry if it starts to gain…