Bitcoin price drops to 50-day minimum. The cryptocurrency market kept declining on Friday. The total market capitalization dropped to $259 billion. The price of Bitcoin dipped below $7,000 for the first time since early February.
Telegram raises $850 million in second round of ICO. Messaging app Telegram has raised another $850 million in the second round of the ICO, bringing the total sum to a world record $1.7 billion. The first round raised a similar $850 million, with a third round also expected to raise a similar amount. This will bring the total to $2.55 billion even before the public is allowed to participate.
Ethereum users support hard fork to resist ASIC miners. Ethereum users would support adopting a hard fork that would allow the cryptocurrency’s Proof-of-Work (PoW) Ethash mining algorithm to resist ASIC miners. The Twitter poll conducted by Ethereum developer Vlad Zamfir asks users if they would support a hard fork that renders Ethereum ASIC miners obsolete.
Intel seeks to reduce Bitcoin mining energy use. Tech giant Intel is seeking to patent a hardware "accelerator" for Bitcoin (Bitcoin) mining chips. In an application filed to the US Patent and Trademark Office, the company outlined a method by which it could augment the existing Bitcoin mining process, consuming less electricity - thereby spending less money - in the process.
The total cryptocurrency market capitalization stands at $259 204 832 017.
- Bitcoin (TIKER: BTC.EXANTE) is 6.86% down to $6 887,39
- Ethereum (TIKER: ETH/USD.BITFINEX) is 4.79% down to $383,81
- Ripple (TIKER: XRP.EXANTE) is 5.45% down to $0,506145
- Bitcoin Cash (TIKER: BCH.EXANTE) is 6.22% down to $692,85
- Litecoin (TIKER: LTC/USD.BITFINEX) is 1.83% down to $116,32
Expected ICOs
- April 1 Dbrain
- April 2 Calftoken
- April 15 OneToTwo
- April 16 ALTAIR VR Encyclopedia
For the full list of ongoing ICOs click here.