Crypto news

At the time of writing, several of the world’s leading cryptocurrencies, i.e. bitcoin, Ethereum, Litecoin and so on, are continuing their drops into red territory, and it’s unclear if recovery lies on the horizon.Bitcoin: Where Will It Go Next Year?As it stands, many enthusiasts are likely wondering what the future holds. Several analysts, over the past few months, have touted 2020 as the start of something great for BTC and its altcoin comrades, but normal, everyday investors aren’t seeing...

Popular cryptocurrency exchange OKEx has launched a new options trading program for customers interested in digital currencies.OKEx Teaches How to Take Advantages of Price SwingsThe program is designed to help investors better understand issues such as hedge risks and volatility. They will also be trained on how best to take advantage of low prices so that they can add to their portfolios without delay.Volatility is a serious problem in the cryptocurrency space, but representatives of OKEx...

Tech giant Google seems to be putting a special focus on boosting its Stadia games and entertainment platform. On Thursday, December 19, Google announced acquiring the Montreal-based game development platform Typhoon Studios.Typhoon is a very young platform that started just three years back. The Studio has scheduled its first and upcoming release dubbed “Journey to the Savage Planet” in January 2020. Besides, the title shall be available on multiple platforms. Also, it is very much likely...

As we are coming to the end of this year, we can conclude that it has been interesting, in the way. For some, it was successful, for some, not so good. Be it as it may, if you’ve made bets Ripple – you were probably in the first group.Ripple, the company that actively uses XRP in its solutions, has definitely positioned itself strongly during the last few months as one of the most important companies for the crypto sector as well as the whole blockchain technologies scene.In its official...

Ripple is ending this year in high class. The company announced on Friday it managed to raise $200 million in Series C funding. This investment presents the last stone in a road marking this the record “Ripple year” regarding its business. It also proves the blockchain technology’s worth in improving global payments and the higher advantage when it comes to the digital asset XRP and the XRP Ledger.As per the official announcement, the Series C was led by the investment company Tetragon and...

Billionaire venture capitalist Tim Draper says the bitcoin price will skyrocket to $250,000 soon after the May 2020 ‘halving’ event. As astounding as that sounds, Draper’s projections are in line with bitcoin’s historical trend. Draper correctly predicted the ‘crypto winter’ bear market of 2018-2019 in September 2018. He’s made over $200M from BTC so far. When Tim Draper talks about good tech investments with enormous profit potential, markets listen. Some of the Silicon Valley...

Footwear maker Nike’s quarterly earnings have risen by 35%. Fans of the limited edition Jordans brands have been going to the stores and have even ordered clothing online. According to the earnings release, the footwear maker indicated that the Jordan brand just hit its first billion dollars in one quarter buoyed by innovation in designs and increased attention given by the shoppers to the basketball-related activities in niche markets that include international sales and women’s basketball...

The British Virgin Islands are trying to take over the monetary space by establishing their own cryptocurrency. The asset would serve as the region’s national form of fiat, but how valid is the plan?British Virgin Islands Constitute High Levels of Crypto ActivityIt appears we’ve entered an age where virtually every country or corporation is looking to establish some sort of presence in the crypto arena. Examples include China and, of course, Facebook.China is a huge country with more than a...

The Warren Buffett‘s wealth tip directed at young people is now public information. Buffett is currently the fourth wealthiest person in the world, with an estimated net worth of about $85 billion. The investor and philanthropist who is also the chairman and CEO of Berkshire Hathaway is one of the most sought after personalities in the world, as people are always looking to get some knowledge and insight from him. One person, Michael Hood, was able to do just that.Hood is the co-founder of...

December is almost over, and it’s safe to say that it has been action-packed. Over the past week, Bitcoin’s price went on a rollercoaster, dropping to a low of around $6,500 only to correct to approximately $7,200 where it currently trades, leaving many to question whether the bottom was already in. Looking at the bigger picture, however, one year ago, Bitcoin was trading at around $3,122, which means that it has managed to more than double its value.It’s worth noting that while the price was...