Volatile crypto

The US investment bank, Goldman Sachs Group Inc., is preparing a trading desk to become a market maker for cryptocurrencies trading, according to sources.
Such an action would not be a big surprise, given the comments coming from the bank and related to cryptocurrencies, over the past few months.
According to the same sources, GS aims to enter the business with a bitcoin by the end of June next year.
Meanwhile, cryptocurrencies prices continue with their incredible volatility. The bitcoin lost nearly 15 percent of its value last week, the bitcoin cache also hit serious losses after it added 40 percent to its value and reached levels over $3,700 for a coin.
To a new historic record rose and the ripple, which overtook the psychological limit of $1, reaching levels of about $ 1.10.
With about 10%, the price of the lightcoin has fallen. It traded before Christmas at levels of about 280 dollars per coin. Pressure on the cryptocurrency appeared after the news that the lightcoin founder had sold all his coins.

A 20% drop in the weekend for the bitcoin

The increase in the cost of bitcoin cash happened in an environment of sharp drop fro the bitcoin. The oldest cryptocurrency lost nearly 20 percent of its peak at $7,900, trading at the minimum of about $6,300 in the weekend.
Trade was tense for the other cryptocurrencies. The ethereum traded stabely at levels of about $300, unable to find a way up until the ripple returned some of the earned and exchanged just over 20 cents a coin.
Now the question is how the news about futures on bitcoin will be reflected on the currency and the fact that GS are clearly preparing to become market makers on the position ...
Will the bitcoin continue to rise, and how much will it cost to pay? When will the ripple start to rise?
Early on Monday morning, the bitcoin cash was traded at levels of about $1,200 for a coin.

Bitcoin cash rose to $2,400 over the weekend - over 300% a week

The great news of the weekend was the extraordinary growth in bitcoin cash. The cryptocurrency began to increase in the past week after it became clear that another "difficult fork" in the bitcoin would not be held.
This renewed interest of investors in bitcoin cash as the only more serious alternative to prevail as a system of payment in bitcoin for faster processing of transactions.
Bitcoin cash rose to the highest value of nearly $2,400. For comparison, the cryptocurrency was traded at the beginning of the week at $600. Or, in just a week, it rose almost four times. About four times, it's the increase in the bitcoin cash for the last month.