Crypto news

Some major central banks, including that of Britain, Japan, and Sweden, have reportedly come together on cooperation towards cryptocurrencies. The organizations will share their experience in a dedicated group.Major Banks Come Together To Work On CryptocurrenciesMajor central banks are stepping up on the matter of cryptocurrencies. According to a Reuters report, the banks of Britain, the Eurozone, Japan, Sweden, and Switzerland, will be entering a dedicated group to discuss potential cases...

XRP price fell about 11 percent after registering surface achievements in the last 30 days.XRP set an intraday low of $0.224 on Monday, while traders liked to leave long orders for a little gain. It appears that the descending development was a progressively normal bearish adjustment, particularly after the colossal XRP price rally, which provoked financial specialists to benefit to around 45 percent.This situation constrained a few analysts to keep up their bullish inclination in the digital...

Nowadays we are witnessing the rise of palladium. Since we are trying to be all “Greta Thunbergh-ish” meaning eco-friendly, we have realized that platinum and palladium are the metals to invest in.The rise of the popularity of hybrid electric cars went on further with the palladium increasing by 25% over the past two weeks to more than $2,500 an ounce. Of course, this also tackled an interest in palladium’s twin – platinum.At its current price, palladium has been almost doubled from the same...

It has been a good start to this year so far for the cryptocurrency markets. The overall cryptocurrency market cap has added over $45 billion since January 1. The cryptocurrency market cap surged from $191 billion to now at $238 billion registering over 20% gains.Bitcoin, the crypto king, has undoubtedly been a star performer as well! In just the first 20 days of 2020, the Bitcoin price surged nearly 30% bringing the excitement back among its investors. Earlier this week, the BTC price...

Ethereum Classic (ETC) has had an exciting start of the year. ETC price has climbed and the token briefly made it to the top ten coins recently. At the time, the leaderboard was dominated by three bitcoins and two eths for several hours.This copy clone of Ethereum can be merged into Ethereum 2.0 in the same way as a new shard-like eth’s current Proof of Work (PoW) chain will be integrated. Ethereum’s co-founder, Vitalik Buterin, publicly said that it is technically very possible. He...

Leading cryptocurrency exchange Binance has completed its Q4 2019 burn of the Binance coin (BNB). It was the 10th quarterly token burn the exchange has done since the launch of the BNB in July 2017. The event, which took place during the weekend, saw a total of 2.2 million BNB worth more than $38 million destroyed. Although the figure represents a mere 1.1% of the total supply of BNB, it is Binance’s second and third-biggest burn in terms of USD and BNB, respectively. What Is A Token...

Less than a week ago, Coinspeaker reported that payment giant Visa now owns fintech startup Plaid. Visa acquired the San Francisco-based company in an interesting deal worth $5.3 billion. As we reported, the figure is more than double of Plaid’s 2018 valuation and is expected to stoke the fintech flame already burning in the company.So far, reactions to the acquisition have been great as people believe that their collaboration will do wonders for the fintech industry.The financial world is...

One of the most “unpopular battles” in the crypto universe is definitely one of Ripple. The efforts of the company to prove that XRP isn’t a security became a prolonged battle.This exact battle could hold the key to XRP’s future and it has been held forth again. Be it as it may, there has been a lawsuit that may present Ripple as an issuer and the seller of the coin. Do not forget, XRP is one of the largest by market cap. At the time of writing the market cap of the coin was $10,33 billion...

Starting today, January 21, the annual World Economic Forum 2020 is kicking off in Davos, Switzerland, with global leaders seen participating. Like always, this will also be a four-day event going up to January 24.This year’s WEF 2020’s theme is “Stakeholders for a Cohesive and Sustainable World”. Like every year, global leaders will speak on issues of the global economy and wider participation of countries for overall sustainable growth. Besides, there will also be talks on avoiding trade...

Over the past two days, we had seen the price of Bitcoin trading mainly under a very tight range between $8600 and $8700.As a reminder of the recent price action, Bitcoin had gone through a decent rally since starting the new decade.However, right after touching the significant 200-days moving average line (marked light green on the following daily chart), Bitcoin got rejected, plunged more than $700 intraday, and trading safely around the $8600 mark since then.In the micro-level, we can see...