Crypto news

XRP, directly the third-biggest crypto with an ongoing market capitalization of $8.8 billion, has plunged about 2% of its price, trading at $0.2000 at the hour of writing. The crypto reversed from the price level at $0.2255 arrived earlier this week, after announcing that Binance had added the token to the list of cryptos accessible for futures trading, with leverage up to x75.Also, in an ongoing discharge, Alloy Networks reported a completely independent token electrical transfer board. The...

Social platform Little Red Book is seeking a $6 billion valuation. The platform is reportedly in talks with investors to raise between $400 million and $500 million. It’s also worth mentioning that it has the backing of internet giants Alibaba and Tencent holdings.Xiaohongshu which means “little red book” has tried to release its app before now. The startup though has indicated that the app will be available for download to about 300 million users in app stores from July this year. It is also...

2020 could quite easily be a great year for FAAMNG stocks if things continue the way they currently are. FAAMNG comprises Facebook (FB), Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), Netflix (NFLX), and Google’s parent company Alphabet (GOOG and GOOGL). These are the biggest tech and internet stocks in the world.FAAMNG Stocks in 2020A publication from The Arora Report shows the current money flow into these companies via their stocks. Dividing each stock into several data points, the table...

While several countries and entities are starting to consider launching their own central bank digital currencies (CBDC), Australia might be on the opposite side. The nation’s Reserve bank seems to think that there’s no current need for such a product among customers, as the payment system now is stable enough.No CBDC in AustraliaThe Reserve Bank of Australia (RBA) has been exploring the potential need of a “digital Australian dollar,” but it has concluded that there’s currently no need for...

Recently, there appeared reports stating that American food delivery giant Grubhub is in talks with Walmart, Kroger, Albertsons, and Ahold-Delhaize. Some have rumored that the companies may acquire the leading food ordering and delivery company. The discussions around the news became even hotter after the comments of Brittain Ladd, ex-Amazon executive, and supply-chain consultant.Ladd said:“I have spoken with executives from each company (especially Walmart) and there is interest in acquiring...

The US State of Illinois made a massive step towards further blockchain adoption. According to the Blockchain Technology Act, which took effect on January 1st, blockchain-based smart contracts satisfy the law under certain circumstances.Smart Contracts Admissible In CourtOne of the biggest challenges in front of regulators when it comes to crafting legislation for the cryptocurrency field is definitions. The SEC, for instance, has been struggling for quite some time before stating that...

Blockchain and IoT will manage climate change. This is what the KPMG blockchain lead believes. Arun Gosh has made a few blockchain predictions. Gosh has said that the interconnected ecosystem of devices called the Internet of Things (IoT) will work alongside blockchain solutions to solve the many issues that climate change has brought to the table. He said:“The convergence of these technologies is enabling organizations to accelerate environmental governance, with blockchain’s chain of...

On Thursday, January 9, Block.One appointed Salah Zalatimo as the CEO for its decentralized media network Voice. As per the announcement, Zalatimo will join the company and his new role on January 20..@VoiceSocial_ welcomes @Salafel, former @Forbes global Chief Digital Officer as CEO. https://t.co/kjzR2Acnbr— block.one (@block_one_) January 9, 2020Previously, Salah Zalatimo was working as the chief digital officer for Forbes. He joined Forbes four years back in 2015 after the acquisition of...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 788. Heute sprechen wir über folgende Themen: Ripple führt Thailands älteste Bank ins digitale Zeitalter, Krypto Derivatebörse Deribit verlagert Sitz nach Panama & Bitcoin Kalendar Gewinner. 1.) Ripple führt Thailands älteste Bank ins digitale Zeitalterhttps://www.btc-echo.de/ripple-fuehrt-thailands-aelteste-bank-ins-digitale-zeitalter/ 2.) Krypto Derivatebörse Deribit verlagert Sitz nach...

MakerDAO is standing out at the Consumer Electronics Show – CES 2020. This is because MakerDAO is the only digital asset with a stand at the event’s “digital money” section. The move shows that the company is doing everything it can to push adoption for the crypto. The digital money section, however, has other projects represented. They include digital wallets, one Bitcoin ATM firm and also a security firm. This made it a lot easy to stand out.MakerDAO Beams at CES 2020The project’s position...