Crypto news

An imminent discussion of digital currencies native to central banks of diverse countries has been sparked, and Facebook‘s Libra is at the heart and center of it.More than RippleRipple‘s flagship products leading cross-border payments might have been touted in the past as the leading catalyst for sparking conversations and implementation of digital currencies pegged to official national currencies. However, Facebook Libra has now officially taken center stage, eliciting more questions and...

Banks in Hawaii, one of the fifty states in the US, would be able to provide cryptocurrency custodial services to investors under a new bill introduced by the state’s lawmakers late last week, should it pass approval.  If successful, the legislation would grant Hawaiian banks the right to hold and manage digital assets such as digital consumer assets, digital securities, and cryptocurrencies for their customers. The bill, which has already passed its first reading on Tuesday, is co-sponsored...

Tesla and SpaceX CEO Elon Musk has once again shared his opinion on Bitcoin and its utility. On Monday, Musk was interviewed on the Third Row Tesla Podcast where he spoke about many things including his current and past endeavors. Among the topics discussed was the future of technology and how Bitcoin might relate. Musk explained his thoughts on Bitcoin.How Elon Musk Feels about BitcoinDuring the interview, Musk declared that he is neutral about Bitcoin’s potency. Even though he didn’t...

The BTC/USD market is countrolled by bears for the third day in a row. This Thursday, the Bitcoin price plunged from $8,660 to $8,386.60 level. And in trend continuation this Friday, the price has declined further than $8,300.00 southwards.The digital asset market records negatives again with bitcoins and altcoins, which are among the largest losers in the top 20. The bearish correction should gain momentum in anticipation of the weekend, as most altcoins unfold the growth of the prior...

Mastercard has been partnering with several other payment products and services providers aiming to grow its customer base throughout the world. In the latest news, Mastercard teamed up with SoFi, a digital personal finance company, on a lot of products and experiences. The new partnership will benefit SoFi’s almost one million customers, according to a press release from the companies.The new deal kicks off with the SoFi Money debit card, which is an offering that will exist on the...

In a bid to establish its authority as one of the biggest players in the crypto space, leading cryptocurrency exchange and Bitcoin (BTC) trading venue, Gemini, the Winklevoss twins-led exchange, has become the first exchange to pass the Deloitte SOC 2 Type 2 security examination.In a statement, released on its official website, the exchange reiterated the fact that no other exchange in the world has been able to match its feat in terms of the security of the crypto space.What is SOC 2?Service...

Russian citizen Alexander Vinnik accused of laundering Bitcoin via the BTC-e exchange has been extradited to France. Currently, he is at the Hotel-Dieu hospital in Paris. As his lawyer Zoe Konstantopoulou has said, she learned Alexander Vinnik extradited to France from a French colleague. The Greek authorities meanwhile have refused to provide any information, saying they ‘are unaware of that’.The French authorities have not yet allowed Konstantopoulou’s French colleague to talk to Vinnik. As...

In a major revelation, Ripple CEO Brad Garlinghouse hinted that the blockchain startup can go for an IPO this year. On Thursday, January 23, while speaking at the World Economic Forum in Davos, Garlinghouses surprised the audience with his statements.He predicts that in 2020, more companies from the blockchain and crypto industry are likely to go hold their IPOs. Besides, he also hinted that Ripple could one of those companies seeking an Initial Public Offering (IPO). During an interview with...

Ripple, the company behind one of the largest cryptocurrencies on the market, XRP, might file for an IPO within the next 12 months. So much became clear in an interview with the company’s CEO, Brad Garlinghouse, during the World Economic Forum in Davos.Ripple May Go Public In The Next 12 MonthsThe past few days have been quite intense as the World Economic Forum 2020 is taking place in Davos, Switzerland. In an interview, Ripple’s CEO, Brad Garlinghouse shared his thoughts on the industry, as...

Tesla CEO Elon Musk has been tipped to break the trillionaire threshold before Jeff Bezos, Bill Gates or any other contemporaries following Tesla’s recent landmark in breaking the $100 billion market cap level after skyrocketing rise of the company’s stock price.Should We Be Getting on the Musk Train?Elon Musk rests rightly as one of the biggest celebrity entrepreneurs in the world and has amassed an enormous cult following over the years. Fanatics are at their constant best with bullish...