Blockchain and Cryptocurrency: People, Culture and Tech
Ripple has the distinction of being one of the largest companies in the cryptocurrency and blockchain business that is up and running and working with hundreds of customers, including a couple of major banks. Yet for all those achievements, it is among the most controversial companies in DeFi, with a host of critics.
Bitcoin is still firmly in bullish territory despite its “huge drop” of more than $1,200 this weekend, one of the industry’s best-known traders says. In the latest edition of his Trading Bitcoin livestream, Tone Vays said that there was no need to worry after BTC/USD crashed from more than $12,000 to less than $10,900 in 20 minutes.
Bitcoin surprised the market on July 21 as a sudden break to the upside saw the largest cryptocurrency accelerate towards $9,500. Data from price trackers showed BTC/USD suddenly gaining about 1.5% on Tuesday, contrasting the calmer behavior which had characterized the past five days.
Of the many candidates running or considering running in the upcoming presidential elections, only a few have taken a position one way or another, or even mentioned Bitcoin or blockchain in any substantial way.
