Crypto news

Bitcoin rewards app Lolli has made a real name for itself.Lolli Is Moving Up the Financial LadderRecently, CNBC placed the company on its list of 2019 startups “to watch.” The list is comprised of approximately 100 new ventures and Lolli is the only one that has to do with bitcoin that seems to have made the cut. Could this be a sign that the currency and the industry surrounding it are about to become far more mainstream?The point of the list is to find companies that could be necessary for...

XRP saw a small decline of around 1.42% over the past 24 hours and it currently trades at $0.2590. The cryptocurrency has seen a further drop of 10.63% over the past week and it fell below the support at $0.26. XRP remains the third-largest cryptocurrency with a market cap of $11.35 billion.Looking at the XRP/USD 1-Day Chart:Since our last analysis, XRP continued to go lower below the support at $0.2670 until reaching $0.2584.From above: The nearest level of resistance lies at $0.2811. Above...

Neuer Bitcoin-Automat im 7 DAY-SHOP Baden Einfach. Frisch. So lautet der Slogan der 7 DAY-SHOP GmbH. Ein möglichst unkompliziertes, angenehmes und rasches Einkaufserlebnis mit höchster Genussgarantie. Das ist es, was die im Franchisesystem geführten Shops ausmacht. Von früh bis spät auserlesene Waren einfach und bequem einkaufen können, ohne einen Qualitätsverlust an der...

In recent news, OPay has raised $120 million on a series B round backed by Chinese investors. Their primary initiative for the fundraise is to scale in Nigeria and expand its payments service to Kenya, Ghana and South Africa. The series B round investors, as mentioned above, were mainly from China. The companies include Meituan-Dianping, GaoRong, Source Code Capital, Softbank Asia, BAI, Redpoint, IDG Capital, Sequoia China, and GSR Ventures. In June 2019, OPay also raised $50 million.Opera,...

For the first time in the upcoming United States Presidential elections, a hopeful is paying attention to technology in general and cryptocurrencies in particular. Andrew Yang, who is planning to contest on the platform of the democratic party, has revealed plans to create a Federal Regulatory Agency for cryptocurrencies.He made this disclosure in a blog post which was published last week. He indicated the propensity for fraud within the crypto space due to a dearth of regulatory cover within...

Japanese multinational conglomerate holding company SoftBank has announced its decision to unite its search engine Yahoo Japan with a popular chatting app Line owned by Naver Corp. Within the agreement, Yahoo Japan and Line will merge and create a joint business to develop new opportunities for protecting themselves against competitors.According to the announcement, SoftBank and Naver will each hold 50% of a new holding company that will operate both Line and Z Holdings (Yahoo Japan’s...

Bakkt, the physically-backed Bitcoin Futures contracts company recently confirmed that they are testing their consumer app for retail crypto traders. Allegedly dubbed Bakkt Pay, the app, they said they plan to increase the width of their area of services to a higher level. That includes focusing on putting the retail traders besides institution investors who are already the users of the Bakkt services in its futures trading.BREAKING!Bakkt testing consumer app in preparation for imminent lauch...

It seems China finally decided to cut some ties to the world’s largest reserve currency – United States dollar, at least if it’s to believe the analysts’ prognoses.The biggest and most obvious reason is the ongoing trade war between the two countries said ANZ Research in their recent report. US delisting Chinese companies’ stocks from its market – surely hasn’t helped as well. That is why, ANZ predicts, Beijing decided to diversify its foreign exchange reserves into other currencies as...

After a poor drag down last week, the overall cryptocurrency market is showing signs of mild recovery today. While the crypto markets are eyeing a northward journey, Bitcoin still looks hesitant to take the lead.Last week, Bitcoin took a hit as the BTC price first slipped below $9000 and later even below its crucial support at $8700. Now, at press time, Bitcoin is trading at $8641.61 with a market cap of $156 billion. While Bitcoin has been showing a mild response to the market recovery, some...

One of the largest US banking institutions, the Bank of America, has recently decided to close the account of the former CFO of PayPal. The decision came without an explanation, despite the fact that he had been a client for over 20 years. Needless to say, Bitcoin’s censorship-resistant nature is one of the things that bring it up as a viable alternative in scenarios of the kind.Bank Of America Shuts Down An AccountThe former CFO of PayPal and current partner at Sequoia, Roelof Botha, shared...