Photo: Microsiervos / FlickrAt the end of September, we reported that a popular messaging app Kik made the world reel with the announcement about shutting down. At that time, Kik CEO Ted Livingston explained this decision with the company’s downturn position and the necessity to focus more on the development of its Kin (KIN) token. The company was also planning to cut down the number of its employees from over 100 people to a 19 person team. Besides, Kik has a legal battle against the U.S....
Read More »G7 States Libra May Pose Threat to Financial Stability
It seems Facebook‘s Libra association is falling deeper and deeper each day. As per G7, the group of the biggest economies in the world report, it has, as quickly as possible, to prove that it is safe and secure and poses no risk for its users.In a massive slap to the social media company, the report says that cryptocurrencies (including not only Libra) are a big risk to a world’s financial system.The report says that even if Libra’s creators are able to address global concerns – the project...
Read More »Government Threats Visa, Mastercard and Others that Choose Libra, Says VanEck Director
On Saturday we reported how, after PayPal Holdings Inc. abandoned Facebook’s association Libra, the other big payment giants followed its example.Mastercard, Visa, eBay, Stripe and Mercado Pago have also pulled out and it seems this could become pretty large obstacle to the development of this cryptocurrency.Director at VanEck Gabor Gurbacs said the companies that abandoned Libra Association were actually pressured into leaving.As per Gurbacs, there is growing concern for Facebook’s ability...
Read More »Stellar Lumen (XLM) Price Primed For More Upsides Above $0.0650
Stellar lumen price is trading in a positive zone above the $0.0600 resistance against the US Dollar.XLM price is showing positive signs and is testing the key $0.0640 and $0.0650 resistances.There is a crucial bullish trend line forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The pair is likely to rise sharply above the $0.0640 and $0.0650 resistance levels in the near term.Stellar lumen price is gaining bullish momentum against the US Dollar and bitcoin. XLM...
Read More »Telegram May Delay Token Launch as SEC Halts U.S. Sales
In an unfortunate turn of events, messaging giant Telegram is facing major resistance from the U.S. SEC for token-sale of its native Gram (GRM) tokens. This has further resulted in the delay of the launch of the Telegram Open Network (TON) blockchain.Last Friday, the SEC issued an order calling Telegram’s token sale as “unlawful” under the agency’s securities laws. As a result, Telegram has push-ahead its plans of TON blockchain launch and GRM token issuance.Appraising the investors of this...
Read More »Ripple’s XRP Outruns Bitcoin to Spike 6% Amid ‘Swell Event’ Hype
XRP was performing better Bitcoin and the rest of the top rivals on Monday as investors/speculators anticipated bullish outcomes from an upcoming Ripple event. XRP price leads the cryptocurrency market’s gains on Monday | Source: TradingView.com, CoinbaseThe third-largest cryptocurrency by market capitalization established an intraday high of $0.2936 as of 0616 GMT. The move uphill brought its daily gains up by 5.73 percent, as calculated from the opening price. At the same time, XRP stole...
Read More »Following the recent ETH performance: Is the time of the Altcoins finally here?
FeaturedThe latest plunge in the price of Bitcoin inevitably led to a similar drop across most of the major altcoins. However, to say that this is indicative of a general slump in the value of crypto would be an oversimplification of what is happening in the markets. If you look only at US pairings, then the downward trend is understandable for all to see, but when you start examining crypto pairs, a new story begins to emerge.Ethereum on the riseSince bottoming out in early September, Ripple...
Read More »Ripple Price Analysis: XRP Signaling Bullish Continuation To $0.3200
Ripple price started a fresh increase above the key $0.2660 resistance against the US dollar.The price is currently showing a lot of positive signs above the $0.2800 resistance area.There was a break above a major contracting triangle with resistance near $0.2580 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to climb further higher towards the $0.3000 and $0.3200 resistances.Ripple price is gaining bullish momentum above $0.2800 against the US Dollar....
Read More »#727 Krypto Rubel Ende, Telegram Token Verbot SEC & Fiat System Crash dann Goldstandard
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 727. Heute geht’s um folgende Themen: Ende für den Krypto Rubel, Telegram reagiert auf Verbot der US-Börsenaufsicht, Fiat System Crash und Neuanfang mit Goldstandard. 1.) Russland: Aus für den Krypto-Rubel?https://www.btc-echo.de/russland-aus-fuer-den-krypto-rubel/ 2.) Telegram reagiert auf Verbot der US-Börsenaufsichthttps://bitcoin-kurier.de/telegram-reagiert-auf-verbot-der-us-boersenaufsicht/...
Read More »Top 20 Coins Like XRP and ETH Showing Signs of Life
Ripple’s XRP is leading the way as many of the industry’s top 20 cryptocurrencies are beginning to experience solid gains over the early morning and afternoon hours.XRP, Bitcoin and Ethereum Are Fighting for Their LivesAt press time, XRP has built itself up to 28 cents per unit – a near five-cent boost since it was first struck by the crypto bloodbath of last September. Bitcoin is also holding its own and is currently trading at just shy of $8,450. This is a spike of more than $100 in just...
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