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September 7th Cryptocurrency News- Bitcoin Climbs Back Over $4,500

871 views · Published 7 September 2017 · 2:51 · Indexed 20 October 2026

Channel: NEWSBTC · 2017 · People & Blogs

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Well Bitcoin is doing a lot better, it remains around the $4,500 level. Bitcoin suffered a dramatic drop on Tuesday plummeting all the way to $4,000, but since then it has been climbing steadily higher. Ethereum, the second biggest cryptocurrency by market cap is back around the $320 level. Moving over to Bitcoin Cash, which is much higher at the moment, around the $620 level, it plummeted to around $458 on Tuesday. Ripple experienced a sharp fall on Wednesday but now it is climbing much higher again.

Staying on the topic of Ripple, the company has opened a new office in Mumbai.  Moving forward, Ripple plans to providing a frictionless solution. The company also appointed Navin Gupta as country manager for Ripple India. CEO Brad Garlinghouse explained the reasons behind this move. He said,“India is transforming itself into a digital economy and is an innovative leader in payments. Our new office in Mumbai, led by Navin, will allow us to respond to the rapidly-growing demand for frictionless payments by our current customers, Axis Bank and YES Bank, as well as other bank and non-banks across the country. Navin brings to the role a wealth of global banking and payments expertise that we are confident will drive demand for Ripple payments solutions into India. We are very excited to welcome him to the team.”

GreenAddress has finalised Segwit integration with an opt out option. This could actually help increase up number of SegWit transactions on the Bitcoin network in the future. It was one of the very first wallets to introduce some advanced features we are used to today. GreenAddress has introduced an API to sign Bitcoin Cash transactions, which gives users the option to split their coins manually, but GreenAddress does not plan to support Bitcoin Cash in any official capacity.

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