In what was one of the largest 24-hour market sell-offs this year, over $30 billion was dumped from crypto assets.
At one stage, the largest crypto, bitcoin, was down around 20% as its price crashed to a three-month low of just over $7,800.
While, many predicted a huge drop to around $8,000, it was still quite a shock to see it happen.
So what caused the crash and what should crypto in... ››› more
Q. "It drives me nuts that I can't get a straight answer on what the difference between ripple and XRP is. Maybe you can help me?"
A. Ripple is a software solutions company that offers banks a software called Ripple Connect. This software uses ILP (InterLedger Protocol) to transfer US dollars between banks for a minimal fee.
The Ripple company basically sells and licenses software to fina... ››› more
Imagine if you made a 32,377% return in one year…
It would've turned a R1,000 investment into R323,770!
Well the incredible thing is one crypto managed to achieve exactly this in 2017.
The crypto?
Ripple's XRP coin - the third largest crypto by market cap today.
But despite such an incredible run last year, here's why you must avoid it in 2018.
Special: I’ve Reserved a Copy of... ››› more
With virtual currencies, like Bitcoin, becoming one of the most talked about topics on the finance circuit, you might think that Bitcoin is your only option. This isn't the case. There are over 80 different types of digital currencies out there in cyber space. Read on to find out more about the virtual currencies that are most likely to survive…
Even though there are over 80 different types of... ››› more