Crypto news

Ripple’s Xpring initiative XRPL Labs is getting ready to launch its Xumm banking application. The app will allow users to store fiat and digital currencies in the wallet account, without any intervention from banks. In other words, Xumm offers banking services without banks getting involved.Xumm banking application is powered XRP, the token that is widely used in Ripple’s solutions. Notably, it will be available for all kinds of users. Easy to use, the app requires no special knowledge with...

Bitcoin continues with its upward momentum as the world’s largest cryptocurrency inches higher third-day in a row. In the late hours on Tuesday, January 28, the Bitcoin price surged close to $9400 levels.With today’s price surge, Bitcoin has added $2000 to its price since the start of this year 2020. In just the first 28 days of 2020, Bitcoin has given over 30% returns to its investors. At press time, Bitcoin is trading at a price of $9349 with a market cap of over $170 billion.Bitcoin’s...

The price of Pfizer stocks fell 4% down to $38.51 during Q4 2019. During the last year, the company bought back approximately $9 billion in its stocks to foster market growth. However, the largest medicine giant is losing money and wants its Upjohn development to merge with Mylan NV, which is another big drugmaker aiming at new types of medications.The Upjohn is selling the drugs that lost patent protection, such as Viagra and Lyrica. By the middle of 2020, the company management will...

ADA price is gaining bullish momentum above the$0.0526 resistance area against the US Dollar.The price traded as high as $0.0570 and it is currently trading in a strong uptrend.There was a break above a short term contracting triangle with resistance near $0.0521 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards the $0.0585 and $0.0600 resistance levels in the near term.Cardano price is trading with a bullish bias above $0.0525 against the US Dollar,...

John McAfee, who previously made a daring prediction that Bitcoin will reach $1 million by the end of this year, continues his recently negative stance against the largest cryptocurrency.The founder of one of the most popular antivirus software said that Bitcoin is the true shitcoin, and the future of crypto is with alternative coins.The Future Rests With Altcoins, Bitcoin is Shitcoin: McAfeeAfter recently comparing the largest digital asset with the popular Ford Model T car due to its...

Bitcoin price is showing a lot of positive signs above the $9,000 level against the US Dollar.The price surged recently and traded to a near yearly high at $9,437.There was a break above a short term bullish flag with resistance near $9,070 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but it remains supported near $9,160 and $9,000.Bitcoin price is up more than 10% in the past few days against the US Dollar. BTC settled above $9,000...

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Previously named Voltron Blockchain, now known as Contour, the firm gains the undisclosed sum from one of the biggest bidders of the world. R3‘s Asia Chief Carl Wegner became the startup’s CEO and will lead the company to the successful launch of its innovative letter-of-credit (LoC) service.The company reduced the time needed for the LoCs from 2 weeks to 24 hours max, in several test projects. Lisa Robins is serving as Head of Transaction Banking at SC. She says that thanks to the Corda...

Over the past days, following a decent start to the new decade, we had seen Bitcoin correcting nicely and healthily into the 38.2% Fibonacci level at $8300.Immediately after that, Bitcoin fired its engines and in just three consecutive days, the primary cryptocurrency had gained over $1200 (!), which is more than 15% to its value.Surprisingly, the altcoins are not crashing. Thus, we can conclude that new money is getting into the market and not changing hands, from Altcoins to Bitcoin and...

Two men were recently arrested in Tokyo, Japan on suspicion of stealing as much as $700,000 in bitcoin funds.Bitcoin Theft Is a Little Too CommonThe culprits are named Yuto Onitsuka and Takuma Sasaki. Both men are in their 20s. They have been charged with computer fraud and “siphoning-off” digital funds from a financial firm that Onitsuka was previously employed with. The firm allegedly delved in bitcoin investment strategies and both accessed the money using Onitsuka’s login credentials....