After a massive sell-off earlier this year, the cryptocurrencies are trying to pull back. Among the top coins, Litecoin has garnered all the attention with favorable news and an upcoming fork on Feb. 18.
At the same time, Western Union, one of the oldest money transfer companies, has confirmed it is testing Ripple’s Blockchain-based settlement system.
George Soros, who had earlier referred to cryptocurrencies as a “typical bubble” has invested in Overstock, through his investment fund. Overstock is one of the most pro-cryptocurrencies businesses, and its stock price has appreciated immensely as the cryptocurrencies skyrocketed.