Crypto news

Last year, the U.K. payment remittance platform TransferGo, announced that it had entered a partnership with Ripple and joined RippleNet, with a focus of helping Indian migrants in the U.K. make cross-border payments back to their families. However, the company has now announced that it will take the relationship a notch higher, and move its business to Ripple’s On-Demand Liquidity (ODL) which uses XRP.Speaking about the move, CEO Daumantas Dvilinskas has suggested that ODL will shoot the...

Strange as it may seem, the Boston Celtics star Jayson Tatum indicated that he has been saving 100% of his salary since joining the team. This season, $7.8 million is a sum that he will get. And according to him, he saves all of it and lives off his endorsement deals which include Honey Dew Donuts, Gatorade, and Imo’s Pizza. With the experiences of not having money when he was growing up, Jayson had his mother serving as a primary motivation who also encouraged him to develop prudent habits...

Amazon CEO Jeff Bezos, one of the world’s richest man, has been criticized once again for not doing enough with tax payments. The CEO announced a $98.5 million donation to 32 different organizations in an effort to tackle homelessness and also improve the quality of education in low-income communities, as part of his Bezos Day One Fund. Even though Bezos has also been criticized for also not doing enough with philanthropy, this recent donation didn’t do much to calm one of his most outspoken...

As part of a major Strategic Partnership Agreement online travel giant Booking.com has joined hands with crypto-friendly travel platform Travala.com. The official announcement came from Travala on Monday, November 25.Over the last two years, Travala has expanded its services by allowing its users to pay for their hotel bookings in cryptocurrency. Besides, the announcement says that Travala has already integrated Booking.com’s accommodation to its platform. With this major collaboration,...

MiddleGame Ventures (MGV) that is a fintech-focused investment company announced on Monday that it had managed to raise assets for the new fund aimed at providing support to startups in Europe and North America.As per the announcement, MGV’s Venture Fund I reached its first close with the last target size attaining $165 million.The fund is going to enter into partnerships with both B2B and B2B2C startups and, of course, it will invest in them. The main goal is to get the transformation of...

Many crypto enthusiasts are placing ultra bearish forecasts on Twitter. The stock to flow model suggests that the move down is out of the norm. There’s a strong possibility that bitcoin trades above $10,000 before 2019 expires. In the last few days, bitcoin has been the subject of bearish calls. Many are calling a drop between $6,000 and $5,500. Peter Brandt chimed in on the topic. The most followed trader on Twitter said that the head-and-shoulders top for bitcoin doesn’t...

SEBA Bank startet mit Investmentlösungen und lanciert neuartigen Krypto-Index Die SEBA Bank startet mit ihrem Investmentgeschäft und bringt den SEBA Crypto Asset Select Index (SEBAX) für Kryptowährungen auf den Markt. SEBAX adressiert die vorherrschende Problematik traditioneller marktwertgewichteter Indizes und macht Index-Anlagen auch für den digitalen Anlagenmarkt...

XRP erreichte sein Zweijahrestief Lange vor dem Bullenrun, der XRP auf sein Allzeithoch von 2,82 Euro brachte, hatte Ripple Mühe, es über die Marke von 20 Cent zu bleiben. Vor einigen Tagen gings dann richtig bergab. Zuerst sah es so aus, als ob Ripple sich fest zwischen 20 und 30 Cent halten kann. Doch dies änderte sich jedoch gestern. In den letzten Monaten ist der XRP-Preis...

Shares of Chinese e-commerce giant Alibaba saw a great launch in Hong Kong on Tuesday, after pricing its shares at 176 Hong Kong dollars (approx. $22.5) apiece. This is the biggest listing this year so far, larger than the approximately $8 billion raised by Uber in May. This also came as an excellent boost for the Hong Kong market which had problems since the pro-democracy protests escalated in recent weeks. Alibaba trades under the stock code 9988 in Hong Kong. Nine and eight are considered...

Fintech startup Ualá which is a finance app that helps people with all things financial has just finished its Series C funding to the tune of $150 million. This round was led by Tencent and Softbank’s Innovation Fund which has as its specific aim the Mercursour region. The app functions very much like Monzo, Nubank and Revolut but this time the focus of this app is on the Argentine market without the trappings and requirements of financial institutions and regulations. With its CEO Pierpaolo...