Crypto news

As expressed in the Reuters release, Ripple is getting ready to reveal the most recent Brazilian cooperation in mid-2020. Louise Antonio, overseeing chief of Ripple, said that uncomplicated Brazilian financial guidelines assume a principal role in the organization’s expansion in the nation. Ripple talks about XRP‘s utilization of transfers with banks and controllers.Besides Brazil, Ripple intends to extend to all the South American nations, for example, Chile, Peru, and Argentina.Ripple as of...

The price of oil has now jumped and is on its way to $70, in the wake of a recent U.S. airstrike on a top general from Iran. Authorized by President Donald Trump, the airstrike targeted and killed General Qassem Soleimani. The general was the leader of the Revolutionary Guards’ Quds force.In response to the development, brent futures jumped over 4% even as tensions began to heighten.According to a report from the Pentagon, Soleimani was killed because he was “actively developing plans to...

Bitcoin’s price went on a rollercoaster over the past week but still remains trapped beneath the December resistance at $7,686. The cryptocurrency fell below $7,000 to find support at $6,885. However, after reaching this level, Bitcoin bounced higher as it now trades around $7,319.If the bulls continue to drive Bitcoin higher and push it above $7,400, immediate resistance lies at $7,698 (bearish .382 Fib Retracement), $8,000 (100-days EMA), and $8,200 (200-days EMA). On the other hand, if the...

Trump sent a shockwave through financial markets when he ordered an airstrike that killed Qassem Soleimani. Stocks, gold, and oil all fluctuated wildly as US-Iranian hostilities flared. Here’s how the prices of major assets responded. When US President Donald Trump ordered an airstrike that killed Iranian general Qassem Soleimani, he also unleashed a shockwave through global financial markets. Major stock indices cratered as investors fled into safe-haven assets like gold, and oil prices...

Whether people admit it or not, the privacy feature is one of the biggest draws to cryptocurrencies.  If there was ever any doubt, those have been erased by Monero’s (XMR) rally in recent days. In the early days of the new year, the Monero price has advanced by 10%, and investors have privacy to thank for it.Source: TradingViewEarlier today, the privacy coin shot up more than 3% from $45.50 to $47 and has since taken more ground, rising to $49 – a 7% gain in the last 24 hours – as of press...

Merchants in Venezuela are turning to adopt cryptocurrencies amidst the ongoing economic crisis in the country. The latest reports suggest that burger giant Burger King is now accepting cryptocurrency payments in Venezuela.For this, Burger King has partnered with Panama-based Cryptobuyer to accept payments in digital currencies. Thus, Cryptobuyer will now act as the payment gateway for Burger King’s clientele. Reports suggest that the first trial of this partnership took place last week on...

Tesla will begin deliveries for the company’s first-ever Tesla Model 3 vehicles produced in China. According to a Reuters report, a Tesla representative confirmed that the company will begin on Tuesday the 7th of January. Deliveries will happen during an event that will take place at the Tesla factory in Shanghai.For a while now, the company has been making specific efforts to bite a bigger share of the global auto market. Apart from this, Tesla’s move is a direct way to fend off the effects...

The slightly negative attention from institutions towards Facebook’s Libra continues with the German Central Bank’s President Jens Weidmann, saying that they have to slow it down with further regulations. He also notes that banks must improve their payment systems and the E.U. should be more considerate regarding launching e-euro.Weidmann On Digital EuroEver since Facebook announced its plans to create a stablecoin, dubbed Libra, the world has turned its attention towards this sort of digital...

2020 could be the year Venezuelan oil will be finally exchanged for the Petro crypto. The national cryptocurrency is yet to find a use outside its borders. U.S. sanctions are scaring would-be buyers with the number of oil barrels sitting in storage tanks growing by the day. Venezuela’s plans to sell its mineral resources for its cryptocurrency Petro will reportedly take off this year.According to the Venezuelan President Nicolas Maduro, the country’s oil will be sold in the national...

Today January 3, 2020, marks the completion of 11 years since Bitcoin founder Satoshi Nakamoto created the Genesis Block on the Bitcoin network. Also called ‘Block 0’, the Genesis Block was the first-ever block available on the Bitcoin blockchain.Six days later on January 9, 2009, Satoshi Nakamoto released the first Bitcoin software client. Thus, the crypto community often celebrates January 9 as the birthday of Bitcoin when Block 1 was mined.Although the usual block time on the Bitcoin...