Jack Dorsey, the controversial CEO of Twitter, needs to make up his mind once and for all about bitcoin. Last year, the social media mogul said that the currency would be the only form of money available to people in about ten years. Now, he’s saying bitcoin doesn’t work as money. Which one is it, buddy? Is bitcoin going to work as a currency or won’t it? Hey Dorsey… Which One Is It?Dorsey seems to be all over the map in many ways. For one thing, Twitter is still getting a lot of flack for...
Read More »Ripple Sends 100 Million XRP to Stellar Founder & ‘XRP Army’ Is Furious
When crypto giant Ripple sent 100 million XRP to Jed McCaleb, the transaction did more than just make its long-departed co-founder $26 million richer. | Source: ShutterstockWhen crypto giant Ripple sent 100 million XRP to Jed McCaleb over the weekend, the transaction did more than just make the project's long-departed co-founder $26 million richer. It also sent the so-called "XRP Army" into a tizzy.Why Ripple Is Paying XRP to a Rival Cryptocurrency's FounderMcCaleb, who had a messy breakup...
Read More »Ripple Price Analysis: XRP Likely Staging For Solid Upward Move
Ripple price is forming a support base near the $0.2475 level against the US dollar.The price is currently struggling to surpass the key $0.2650 and $0.2660 resistance levels.There was a break above a major bearish trend line with resistance near $0.2615 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could start a solid upward move if it manages to break the $0.2650 and $0.2660 resistances.Ripple price is consolidating in broad range below $0.2650 against the US...
Read More »Off Chain Labs Introduces New Arbitrum Platform
Off Chain Labs, a startup focused on enterprise, is launching Arbitrum, a new Ethereum scaling solution, to the public. The company is also garnering funds from Coinbase Ventures. Off Chain Labs Looks to Improve EthereumMany likely see Coinbase only as a cryptocurrency exchange, but it has grown into so much more. Coinbase Pro, for example, is a platform designed for institutional investors, while Coinbase Ventures looks to invest in new blockchain and digital currency-based startups. While...
Read More »Globex Announces Its New Open Order Book System
Blockchain software solutions company Globex US Holdings Corp. is launching its new Open Order Book digital securities exchange software. Users can now bid on order-driven, digital asset-supported marketplaces through the Ethereum blockchain. Globex Is Coming Full CircleUsing their smartphones or mobile devices, customers of Globex can purchase, sell or trade any tokens (ERC-20) developed or included on the Ethereum network. Open Order Book comes equipped with a dashboard similar with that of...
Read More »Why Binance Coin Is Headlining the Crypto Market Resurgence
Binance Coin has surged twice as fast as any other cryptocurrency over the past year, including bitcoin. Here's why BNB is leading the pack. | Source: REUTERS / Darrin Zammit LupiBinance Coin suffered one of its worst losses this year on May 7th after hackers took off with 7,000 bitcoins. The heist cost cryptocurrency exchange giant Binance a total of $40 million.Four months later, it appears that everyone has forgotten about the security breach. Binance is just as popular as ever, and its...
Read More »Swiss Central Bank Dreads Scary Foreign Stablecoin Crypto
Switzerland's central bank is running scared over its control on monetary policies in the face of stablecoins pegged to foreign currencies. | Source: Shutterstock; Edited by CCNSwitzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path for cryptocurrency projects such as Libra.This was revealed by the chairman of the governing board of the Swiss...
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