Crypto news

Ripple – the third-largest cryptocurrency by market cap – has allegedly completed a funding round in which the company got its hands on $200 million. This takes Ripple’s net value to a whopping $10 billion.Ripple Is Heading to the TopThe round was led by Tetragon, an investment company stationed in New York. Other companies to take part in the event include Japan’s SBI Holdings and the venture capital firm Route 66 Ventures in Virginia.Ripple head honcho Brad Garlinghouse comments:We are in a...

Apple esports Mac is taking over the gaming market with a high-end version of its popular line of laptops. Esports in recent years has seen an exponential rise. It has all the chances to become an official sport soon. Reports say that esports may also join the Olympics. Professional gaming is gaining traction and recognition. High schools and even colleges are already launching gaming clubs. This is a sign that this is another professional activity that many young people are going to go...

Even though Google tracks Santa and seems to be very Christmas-like, it doesn’t seem to care for the crypto community at all. YouTube, the Google-owned video-sharing platform apparently started restricting or even deleting crypto-related videos or those who were flagged to be that way. Some crypto influencers even said their videos or even the whole channels were completely removed. The founder of Skill Incubator, a company that teaches valuable skills to help people thrive in today’s...

XRP is one of the worst performers this year, among the top-ten cryptocurrencies. However, economist Jeffrey Tucker has praised XRP that is actively used by Ripple in its solutions. And he even called it a “brilliant technology”. Tucker, who is currently the editorial director at the American Institute for Economic Research (AIES), expressed his views during an interview on the “Boom Bust” episode on Russia Today.He added that Ripple is currently riding on the failures of the traditional...

Bitcoin Asset manager claims most firms looking to speculate on bitcoin will use derivatives market instead of the underlying asset. The market share of physical oil compared to oil derivatives plummeted when futures trading was introduced. ‘Financialization’ of bitcoin will distort its innate pricing mechanism. Don’t count on a halving pump in 2020. The tendency for bitcoin to multiply in value following regularly scheduled halving events should not be relied on in 2020.That’s according to...

Social network Commun, a fork of Steemit—a decentralized social media network that looks like Reddit, which is created on Web3 technologies base, announced it has successfully launched its mainnet for online communities.The platform is composed of Decentralized Autonomous Communities (DAC) and it is made to act as a web, Android, and iOS portal. Through this, the users can assemble different interest-based forums and groups to share, read, watch, rank, and discuss content with others.Commun...

Tezos fell by a steep 10% this week, making it the weakest performing altcoin out of the top 10 projects.Against Bitcoin, the cryptocurrency remains above strong support at 0.0002 BTC.Tezos still has surged by a total of 42% over the past three months as it climbs into the 10th ranked position.Key Support & Resistance LevelsXTZ/USDSupport:  $1.50, $1.42, $1.29.Resistance: $1.64, $1.80, $1.88.XTZ/BTC:Support: 0.000189 BTC, 0.00018 BTC, 0.000167 BTC.Resistance: 0.00022 BTC, 0.00025 BTC,...

The general sentiment among the traditional financial markets is at extremely high levels of greed, according to the Fear and Greed Index. At the same time, the chart suggests mostly fearful feelings among the cryptocurrency market, but could those emotions be an indicator of a trend reversal?Greed Sentiment In The Stock MarketThe Fear and Greed index is a popular monitoring resource that calculates various types of data to provide investors’ current sentiments towards financial instruments....

The right financial advice is the best way for anyone to join the rank of millionaires. Regardless of what your income level is, there is an ever-present need to make very smart financial decisions. This is one of the best ways to ensure bankruptcy is avoided. However, apart from simply avoiding bankruptcy, there’s a need to avoid stagnancy.Making sure that money doesn’t run out will never be enough. You have to take deliberate steps and make conscious efforts to ensure that there is...

The new Thomson Reuters tax tool is set to report cryptocurrency taxes within the crypto space. Sources indicate that Reuters GoSystem Tax RRS Products will also include a “Virtual Currency Organizer”. This will enable users of the system to file form 1040 in the United States effectively. The new tool will also serve as a central hub for all things related to cryptocurrency for the users. They include reviews on payments, hard forks, cryptocurrency exchanges and so on.Reuters in a blog post...