Despite the huge and ugly lawsuit pending against Ripple, the company’s cryptocurrency XRP has recently incurred a massive gain following news that Tesla has purchased approximately $1.5 billion worth of bitcoin, the world’s leading digital asset by market cap. The news suggests that all smaller altcoins still move in tandem with BTC and have yet to find their own footing in the growing world of digital currency.Ripple Shoots UpFollowing the purchase, XRP rose as much as 15 percent before...
Read More »Canada Introduces the World to the First Ever Bitcoin ETF
Not long ago, it was being discussed if 2021 would be the year in which a bitcoin-based exchange-traded fund (ETF) would finally be introduced. The product has experienced heavy delays and angry looks from organizations such as the Securities and Exchange Commission (SEC), which claims that bitcoin is too volatile and too vulnerable to fraud and other security issues to ever serve as the basis of an ETF.Canada Will Give the World Its First Bitcoin ETFNow, however, it looks like the way is...
Read More »Jack Dorsey and Jay-Z Work to Raise BTC Awareness
Rapper Jay-Z – along with Square and Twitter CEO Jack Dorsey – are working together to bring more public awareness to bitcoin. The two have partnered up to create a new fund dedicated to the world’s leading digital currency by market cap.Jack Dorsey and Jay-Z Are Working Towards a World of BTCAs part of the project, each figure is giving approximately 500 bitcoin units to a new endowment that’s being called “Btrust.” The money will be used to establish new blockchain firms in both Africa and...
Read More »Autonio Is Bringing the Swarm to Crypto.com
We are happy and proud to announce that we are partnering with Crypto.com to bring liquidity mining campaigns to their platform by integrating the NIOX Maker, and more importantly, NIOX Swarm. Together these tools will enable intelligent crowdsourced liquidity.Liquidity is one of the most essential pre-requisites for all financial assets and trading platforms. However, most market participants are unclear as to what drives liquidity and how to measure its effects. This is mainly because...
Read More »SEC v. Ripple (XRP): Settlement at This Point Unlikely as Pretrial Conference Set for February 22nd
The United States Securities and Exchange Commission (SEC) and Ripple, the fintech company behind the third-largest cryptocurrency, XRP, have clearly stated that there will not be any settlement on the current lawsuit against Ripple prior to the official trial date.No Prospect For SettlementBoth parties made this statement in a discovery letter dated February 15, 2021, which was addressed to Judge Analisa Torres. In the document, both the SEC and Ripple said that they “do not believe there is...
Read More »MicroStrategy Plans to Raise Another $600 Million to Buy Bitcoin
MicroStrategy, the publicly-listed company that was amongst the first to put Bitcoin on its balance sheet, has now announced plans to raise another $600 million to buy more of the digital currency.In a press release dated February 16th, MicroStrategy announced that it intends to offer a $600 million aggregate principal amount of convertible senior notes that are due 2027 in a private offering to qualified institutional investors.Furthermore, the release adds that:The notes will be convertible...
Read More »Call 2021 for joint Innovation projects in South Korea and Switzerland
Seoul will neue Digitalwährung S-Coin für Öffentliche Dienste einführen. Foto: Lotte World Tower CC0 Public Domain via Unsplash The Korea Institute for Advancement of Technology (KIAT) and the Swiss Innovation Agency (Innosuisse) launch their joint call 2021 to fund science-based innovation projects between Switzerland and South Korea. The call for joint innovation projects is aimed at companies and research institutions in Switzerland...
Read More »Cardano Price Analysis: Following the Correction, $1 Inbound for ADA?
ADA/USD – Cardano Bulls Back On The OffesniveKey Support Levels: $0.813, $0.711, $0.629.Key Resistance Levels: $0.941, $1.00, $1.10.Cardano had pushed higher above an ascending price channel at the start of February and started to turn parabolic. It continued to surge until it met resistance at $0.941 (1.618 Fib Extension – red) last week.From there, ADA started to decrease. It managed to find support at $0.813 (.236 Fib) and defended this level pretty well. Yesterday, ADA did spike as low as...
Read More »Bitcoin Price Breaks $50,000 For The First Time In History
The price of Bitcoin just surpassed another milestone – the $50K, according to Bitstamp. This comes only five weeks after breaking $40K and six weeks following the $30K breakout.Bitcoin is now recording a 72% return on investment in 2021 alone. The cryptocurrency has also delivered a 1200% ROI since recoding its 2020 low of $3,800 from March.BTC/USD, chart by TradingViewThe price of BTC had a great year. Starting 2020 below $8,000, the cryptocurrency broke $13K only in the middle of October,...
Read More »Binance Coin (BNB) Rises to All Time High
Binance Coin had an all-time high of $137'00 4 days ago. Binance Coin price today is $130.42 USD with a 24-hour trading volume of $1,961,442,447 USD. Binance Coin is up 0.10% in the last 24 hours. The current CoinMarketCap ranking is #7, with a market cap of $20,154,626,734 USD. It has a circulating supply of 154,532,785 BNB coins and a max. supply of 170,532,785 BNB coins. The top exchanges for trading in Binance Coin are currently...
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