What Caused The Bitcoin Drop Under $5,600

Bitcoin plummets under $5,600 for the first time since October 2017 breaking the strong support line that holds all the long 2018 bearish months. The overall market cap lost 25 billion while Bitcoin was going down, Altcoins followed as usually with bigger losses.

Bitcoin, the world’s biggest digital currency drop by 15%, with the most of the fall in a half hour period of time. It’s the largest drop since February. Other Cryptocurrencies drooped more heavily, like  Ether, Litecoin, and XRP dropping over 17%.

Bitcoin Cash which is having a controversial hard fork on 15 November, fell 21% making it … Read the rest

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Crypto Adoption Expected From Iran After Removal From SWIFT Banking System

This week, the U.S. authoritatively removed Iran from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network, making impossible for the Central Bank of Iran to work with financial institutions around the world. In response to this ban, Iran could switch to crypto as they hinted earlier this year.

The U.S. government forced strict sanctions on Iran in May, removing banks of the second level from the SWIFT network. Without precedent in history, Iran’s national bank has been removed from the SWIFT system, a step that basically denies Iran from sending and accepting transactions to and from its partners.


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Ravencoin Spikes Again Ahead Mainnet for Assets Launch, (RVN) 300% Up In One Month

Only days after announcing the new listing fee policy by the Binance CEO on October 11th, Changpeng Zhao (CZ), surprisingly revealed the Ravencoin listing on Binance. With hints of admiration, CZ  stated that the project did not run an ICO and was built by dedication from a community full of humble people.

With this notes of honesty toward the Ravencoin community, the Binance CEO stated that the coin will be listed on the Binance trading platform,  the biggest crypto trading platform, without setting ahead a listing fee or donation how they like to call it.

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