Crypto news

Verisart is a platform designed to conduct certification and verification of artworks of different types which is carried out with the help of blockchain. Now it has become known that it has managed to get $2.5 mln in seed financing. The list of the most prominent participants of this round included Sinai Ventures, Galaxy Digital, EOS Fund, and Rhodium. The money raised will be used for further expansion of the company’s art platform.Robert Norton, who is a co–founder and CEO of Verisart...

Apart from its ongoing antitrust investigation as put forward by the Federal Trade Commission (FTC), Facebook is also having a rough time regarding its proposed digital currency, the Libra. A few months ago, Facebook announced its plans to float its own cryptocurrency and also released a whitepaper to the effect.As part of the announcement, a Libra Association was announced, an association made up of several big companies including Uber, Mastercard, Visa, eBay, Spotify and many other...

Apple CEO Tim Cook confirmed to Les Echos on Thursday that the American smartphone giant won’t be taking steps to develop its own cryptocurrency. As the Facebook debacle continues, mainstream media has been left to speculate on who next will wade into the murky waters of decentralized payment systems. When asked how Apple would respond in the wake of Facebook’s attempted Libra launch, Cook responded: “No. I deeply believe that money must remain in the hands of states… Money, like Defense,...

XRP is the third-largest cryptocurrency by market cap and it is probably the only cryptocurrency with established relationships with traditional financial institutions. If you’ve been following cryptocurrencies, you’ll probably be wondering if you should buy XRP in 2019. XRP was released in 2012 by Ripple Labs Inc with the singular aim of becoming a blockchain-powered solution for sending money across borders seamlessly.You probably won’t be excited to buy XRP in 2019 when you consider the...

Ripples’ XRP has been pegged to several cryptocurrency pairs on Binance DEX independently of Ripple‘s Mainnet. Binance CEO Changpeng Zhao indicated this in a tweet:This was suppose to be announced a bit later. But such is the nature of blockchain project, #transparency. Can't hide anything.Well, there you go, #XRP (on chain pegged) on #BinanceChain and @Binance_DEX.Guess which flood gates this opens up? https://t.co/Mxpm5jZCfz— CZ Binance (@cz_binance) October 3, 2019Binance Dex, the platform...

On Thursday, after Facebook announced its new Threads app, Snap Inc. (SNAP) stock fell up to 7%. Facebook’s latest attempt to clone features already being used by Snapchat is only one of many, which has since pitched both social media giants together in the public eye.Even though Threads is a stand-alone app, it allows users already on Instagram to exchange status updates and media including photos and videos, to specific people who make up their “close friends”, an Instagram feature which...

Bird, a startup that rents out electric scooters, has acquired an extra $275 million in Series D funding round led by CDPQ and Sequoia Capital. After raising that amount at a valuation of $2.5 billion, the company claims that is a testament to its effort to improve its unit economics.Notably, the new funding raises Bird’s post-money valuation to almost $2.8 billion. This funding round comes just a few months after reports emerged that Bird wanted to raise a Series D round at a $2.5 billion...

A short term trend reversal for bitcoin has become increasingly unlikely for bitcoin following a 5% drop in less than three days. Since October 1, the bitcoin price has fallen from $8,532 to $8,100 against the U.S. dollar. Technical analysts anticipated a relief rally to key resistance levels found at around $9,000 as bitcoin initially rebounded from $7,700 to $8,532. With the declining daily volume of the asset and no short term catalysts in sight, traders are preparing for yet another...

October is here, and the price of Bitcoin is up for another prediction by the anonymous analyst who accurately predicted Bitcoin’s recent surge. However, this month’s prediction seems unlikely to hold, as the analyst’s forecast for October was $16,000. Bitcoin would have to nearly double in value to reach that price.Bitcoin has never been short of predictions, which have ranged from zero to $100,000 and even $1 million. Although most have seemed far from reality, the anonymous analyst has...

Bitcoin cash price is currently correcting higher after testing the 200 support against the US Dollar.The price is facing a lot of hurdles on the upside near $240 and $250.There is a key bearish trend line forming with resistance near $240 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could test the $240 and $250 resistance before it resumes its decline in the near term.Bitcoin cash price is trading in a bearish zone below $250 against the US Dollar. If BCH/USD...