The price of crypto- currencies rose broadly

[bitrookie]

Thursday, with bitcoin price rising more than 1 percent and holding steady above $8, 000.In other major cryptographic currencies, the price of bitcoin surged more than 9 percent, while the value of the eth and the XRP rose about 7 percent.
At 4 a.m. Friday Beijing time, bitcoin prices rose 1.47 percent to $8254.87.ETH rose 7.47 percent to $556.23.XRP rose 6.85 per cent to $0.75.Bitcoin cash rose 9.43 percent to $964.16.Litecoin rose 4.81 percent to $145.26.
"It's probably at the beginning of a new strong cycle," says Todd Rowan, President and chief executive of Rewardstoken. IO.Bitcoin, the engine that currently drives the encrypted trains, seems to have reached the after-tax season, which is good for everyone.It has gained strong support from ethereum and other cryptographic currencies.Next week we will know if we are going to leave the bear market and enter the bull market.

[Catherine Davis]

CRYPTO HEADLINES — April 23, 2018

1. Iran bans banks from cryptocurrency trading
Iran is following in the footsteps of China and South Korea, announcing a ban from its central bank on the trading and promoting of cryptocurrencies. As reported by Reuters, Iranian state news agency IRNA issued a statement on Sunday claiming that banks, credit institutions and currency exchanges “should avoid any sale or purchase of these currencies or taking any action to promote them”. Read more at Alphr.
2. Early investor in Tesla, Skype and Hotmail says bitcoin will be bigger than all those combined
Venture capitalist Tim Draper says bitcoin will be bigger than his early investments Tesla, Hotmail, and Skype combined. “This is bigger than the internet. It’s bigger than the Iron Age, the Renaissance. It’s bigger than the Industrial Revolution,” Draper said at Intelligence Squared U.S. debate presented in partnership with Manhattan Institute’s Adam Smith Society on Saturday. “This affects the entire world and it’s going to be affected in a faster and more prevalent way than you ever imagined.” — He said in an interview. Read more at CNBC.
3. Wikileaks Claims Coinbase Has Shut Down Its Online Store’s Bitcoin Account
Wikileaks’ official online merchandise store claims that its account with Coinbase has been suspended by the cryptocurrency exchange. Wikileaks, a leaked documents depository that was central to a long string of international scandals even before the 2016 presidential election, is now calling for a boycott of Coinbase. Read more at Fortune.