eToro
By eToro
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Daily cryptocurrency Tracker 24.5.18: Cryptos continue to tumble

The negative run seen in recent days in crypto markets continued over the past 24 hours, as all top 10 cryptos registered losses. At the time of writing, Bitcoin was down more than 3%, moving further away from the $8,000 mark and trading just above $7,700.

Highly volatile investment product. This is not investment Advice.Your capital is at risk. 

Bitcoin Cash dips below $1,000

Currently ranked 4th by market cap, Bitcoin Cash continued its downward trend. The crypto briefly fell below the psychologically important $1,000 mark this morning, but later recovered to trade just above it. However, the crypto is down 6% and if this trend continues, could land in three-figure territory again.

Highly volatile investment product. This is not investment Advice.Your capital is at risk. 

AmEx to use blockchain for rewards programs

Payment technology giant American Express is using blockchain to enable merchants to create their own rewards programs. The new method, which uses Hyperledger, will give merchants the ability to create programs based on smart contracts that will automatically reward clients that meet certain criteria. AmEx has said that the new technology will not only benefit existing merchants, but will also significantly reduce onboarding times for new clients.

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