Crypto news

XRP status has been classified as unclear. The U.S. Commodities and Futures Trading Commission (CFTC) Chairman Heath Tarbert has indicated. He said this in an interview while trying to clarify the status of different cryptocurrencies. He noted:“It’s unclear. Stay tuned I’d say. Part of the issue is that our jurisdiction we share with the SEC [Securities and Exchange Commission]. If it’s a security, it falls under their jurisdiction. If it’s a commodity, it falls under ours.”CFTC...

After closing Monday at $524.86, Tesla stock accelerated on Tuesday in premarket to yet another all-time high in just a span of days. At the time of writing the price was growing by 1.74% to $534.With the electric car maker’s market cap now crossing the psychological margin of $90 billion, the company’s CEO, Elon Musk is now pretty close to unlock the first tranche (out of 12) of his generous pay package that was announced in 2018.Musk’s compensation plan included numerous performance targets...

Tatcha, a $500 million skincare company, has origins that can be traced to Starbucks. As different as both lines of business are, the founder’s experience in the coffee-making behemoth, prepared her for the future. This was a future founder Vicky Tsai, who quite easily scaled, thanks to hands-on experience with Starbucks.Tatcha – Starbucks OriginsTsai’s yearning for business success was a key ingredient in her decision to attend the Harvard Business School. Leaving for Shanghai almost...

For the first time, FC Barcelona came in the top leading place of the world’s most money-spinning football clubs regarding the annual league table. This also marked the transaction of power in London and the north-west.The Spanish champions saw their revenue grow to €840.8 million (£741.1 million) last year. This represents a record figure for any team and it is almost 10 % more than a domestic competitor Real Madrid has.Manchester United said its income was €711.5 million (£627.1 million) in...

At the hour of composing, Bitcoin is trending up 4.5 percent at its present price level of $8,520, which marks a notable increase from recent lows of just over $8,000, which were set last week when the bears attempted to wreck the recent upside.The price of Bitcoin is currently consolidating above the resistance level and the most significant volume node in the visible profile of the visible range, or VPVR. On the off-chance that Bitcoin can complete bullish consolidation above $8,000, then a...

Credit card giant Visa is acquiring Plaid, San Francisco-based company that focuses on democratizing financial services through technology. The sum of the acquisition made up $5.3 billion, which is twice as much as Plaid’s valuation in 2018.We’re incredibly excited to share that Plaid is joining @Visa!Together, we’re looking forward to expanding our products for developers and connecting consumers with the fintech services that are making money easier for everyone. More details...

Telegram’s bank records are going to be released to the United States Securities and Exchange Commission (SEC). This reversal in the case came as a shock to many. The current ICO misconduct court case has taken another dimension. This change came as in a filing yesterday the Court of the Southern District of New York (SDNY) gave Telegram time till February 26 to release them.The filing will also allow the removal of information. This is for privacy reasons. It is also in line with the privacy...

Augur, one of the largest decentralized betting platforms, is preparing to launch a new version of its product. It will provide several notable changes and improvements for its users, allowing them to place different types of bets on cryptocurrencies. At the same time, Augur’s native coin REP records a daily increase of almost 7%.Augur V2 To ArriveAugur is a dApp built on top of the Ethereum platform. It had a pre-sale back in 2015, and it managed to raise over $5 million at the time....

Bitcoin (BTC) futures options trading is now live on the Chicago Mercantile Exchange – CME. The offering went live yesterday Jan. 13 and began trading after it successfully got approval from regulatory authorities. The CME Group announced this on its website as trading went live. According to the page, Bitcoin futures options were created to satisfy customers’ yearnings. It says it was done “in response to growing interest in cryptocurrencies and customer demand for tools to manage Bitcoin...

After a fairly good ending to 2019, Bitcoin has been on a good start in 2020. Since the start of 2020, the Bitcoin price has surged nearly 20% reaching closer to over $8,500 levels. At press time, Bitcoin is trading for a price of $8,534 with a market cap of $154 billion.However, this has got many analysts and Bitcoin enthusiasts talking about future predictions. This has always been the case for Bitcoin which has been the darling of crypto investors over the last few years. A Twitter handle...