Brad Garlinghouse and Ripple have some very big plans for the coming months.Ripple Has Made Big ChangesIn February, Garlinghouse explained that he wants his company to be the “Amazon” of the cryptocurrency industry, meaning he wants it to be bigger than big. Bigger than bitcoin, bigger than any other cryptocurrency known to man. Ripple must be number one, and he won’t stop until this goal is accomplished.At first glance, it looks like these might just be words. Amazon, after all, has a market...
Read More »Coin Lock Opens for Business in Cayman Islands
A new cryptocurrency payment platform has opened its doors for business in the Cayman Islands. Known as Coin Lock, the company describes itself as the world’s “first cryptocurrency trading and payments platform designed to increase every coin.”Coin Lock Is Looking to Make Big ChangesRikky Hasan – the CEO of the business – explained in a statement:Through exhaustive market analysis, Coin Lock identified and alleviates three primary pain points for cryptocurrency consumers: lack of utility,...
Read More »Crypto Price Analysis & Overview March 16: Ethereum, Ripple, and Tezos
EthereumETH/USD. Source: TradingViewLast weekend, Ethereum recovered a bit to $140 following a sudden 55% price drop to a weekly low of $86. After a short daily increase, Ethereum’s price dropped to $100 (March 12 low), which reveals that sellers are showing interest again. More so, we can see that ETH is still struggling inside the 7-month descending channel.If the price drops below the psychological level of $100, Ethereum could slip back to $86 (last week’s low). Beneath this level lies a...
Read More »Bakkt Closes Series B Funding and Raises $300 Million from Microsoft, Pantera and Others
Bakkt closed a $300 million Series B fundraising round. The round was led by Microsoft’s M12, Pantera Capital. PayU and other prominent companies.Bakkt, the cryptocurrency derivatives exchange, has undergone series B funding. This was to the tune of $300 million. Sources say that the exchange involved many partners. Intercontinental Exchanges (ICE), which is Bakkt’s parent company, Microsoft‘s M12, Pantera Capital, PayU, CMT Digital, Boston Consulting Group, and Goldfinch Partners were among...
Read More »Andrew Bailey: BTC Is Not a Currency
The Bank of England’s former governor Andrew Bailey is warning people that if they’re interested in buying bitcoin, they should be prepared to “lose all their money.”Andrew Bailey Doesn’t Think Much of BTCBailey is not talking about bitcoin’s latest bit of volatility, which has seemingly come about due to the latest fear and panic surrounding the coronavirus. No, he believes that bitcoin ultimately has no value, and that regardless of the global pandemic, he doesn’t see bitcoin lasting much...
Read More »Bitcoin Price Analysis: The War For $5,000 Continues, What Will Come First – $4K or $6K?
Following the coronavirus health crisis, the global stock markets collapsing one after another. Despite the Fed’s emergency steps, the markets continue to tumble.The EU markets are recording over 10% declines, while Wall Street is reaching the low level of December 2018. 13-Month ROI had demolished in 30 days.Bitcoin is not left behind. After the Fed’s decision yesterday, Bitcoin responded with a quick surge of 14%. However, the party didn’t last long – Just an hour after, when Wall Street...
Read More »BitMEX Downtime Followed By Bitcoin’s $1800 Collapse On Thursday Due To Botnet Attack, BitMEX CTO Says
Samuel Reed, BitMEX CTO, shared some information on the recent controversy that led to high levels of liquidated assets on the exchange platform. He noted that the technical issues BitMEX experienced were connected to an on-going botnet attack.March 13th: Botnet Attack On BitMEXLast week, Bitcoin went through a severe plunge that brought the price down to as low as $3,700 on BitMEX. The sharp decrease led to lots of trading volume and, inevitably, significant levels of liquidations on the...
Read More »Bitcoin : nouvelle baisse ce lundi
En baisse de près de 17% en 24 heures, le cours du bitcoin est à son plus bas niveau depuis mai 2019 (avec un creux à 3550€ sur Kraken vendredi matin). Il s’affiche actuellement à 4050 € sur les principales plateformes de trading. – 17% en 24 heures– 39% en une semaine– 54% en un mois Article précédentRelance monétaire...
Read More »Bitcoin Below $5000 As Global Markets Tumble Amid The Coronavirus Spread
The novel COVID-19 (coronavirus) continues with its adverse effects on the financial markets. The cryptocurrency space is no exception. Bitcoin, for instance, slipped below the significant $5,000 mark and is currently trading at around $4,500.Just hours ago, the leading cryptocurrency by market cap saw a spike of $800. When the U.S. Fed Reserve made a total injection of $700 billion in treasuries and mortgage-back securities, Bitcoin jumped to almost $6,000. The bullish move, however, was...
Read More »Platzt die Blase?
Stehen wir am Beginn einer neuen Finanzkrise? Ist der Kurssturz an den Börsen erst der Anfang? Müssen Banken verstaatlicht werden? Bewegen wir uns in Richtung Sozialismus? Investor-Legende Marc Farber im Gespräch mit Michael Mross. [embedded content] Ein sehr gelungenes Inverview von Michael Mross mit Marc Faber. Michael Mross ist ein deutscher Autor, Wirtschaftsjournalist, Moderator und...
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