The BTC/USD market is countrolled by bears for the third day in a row. This Thursday, the Bitcoin price plunged from $8,660 to $8,386.60 level. And in trend continuation this Friday, the price has declined further than $8,300.00 southwards.The digital asset market records negatives again with bitcoins and altcoins, which are among the largest losers in the top 20. The bearish correction should gain momentum in anticipation of the weekend, as most altcoins unfold the growth of the prior...
Read More »Gemini Becomes First-Ever Crypto Exchange to Pass Deloitte Second Level Security Exam
In a bid to establish its authority as one of the biggest players in the crypto space, leading cryptocurrency exchange and Bitcoin (BTC) trading venue, Gemini, the Winklevoss twins-led exchange, has become the first exchange to pass the Deloitte SOC 2 Type 2 security examination.In a statement, released on its official website, the exchange reiterated the fact that no other exchange in the world has been able to match its feat in terms of the security of the crypto space.What is SOC 2?Service...
Read More »Bitcoin Launderer Alexander Vinnik Extradited to France
Russian citizen Alexander Vinnik accused of laundering Bitcoin via the BTC-e exchange has been extradited to France. Currently, he is at the Hotel-Dieu hospital in Paris. As his lawyer Zoe Konstantopoulou has said, she learned Alexander Vinnik extradited to France from a French colleague. The Greek authorities meanwhile have refused to provide any information, saying they ‘are unaware of that’.The French authorities have not yet allowed Konstantopoulou’s French colleague to talk to Vinnik. As...
Read More »Ripple CEO Brad Garlinghouse Hints at IPO in 2020, Says More Crypto Firms Can Do the Same
In a major revelation, Ripple CEO Brad Garlinghouse hinted that the blockchain startup can go for an IPO this year. On Thursday, January 23, while speaking at the World Economic Forum in Davos, Garlinghouses surprised the audience with his statements.He predicts that in 2020, more companies from the blockchain and crypto industry are likely to go hold their IPOs. Besides, he also hinted that Ripple could one of those companies seeking an Initial Public Offering (IPO). During an interview with...
Read More »Ripple Secures Highest Funding in Blockchain Industry in 2019, Overall Funding Down
Ripple Labs, the San Francisco-based blockchain startup, secured the highest funding in comparison to other peer blockchain companies in 2019. The latest report from CB Insights shows that Ripple raised $200 million in the Series C round last year.Among the companies that follow Ripple on the list are Figure Technologies, Digital Asset and PeerNova. However, the gap between the first and second positions is significant. However, even Ripple’s $200 million is a very small amount in comparison...
Read More »#798 Bitcoin Cash Entwickler Abgabe, Tether Gold-gedeckter Token & Chiliz Exchange
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 798. Heute sprechen wir über folgende Themen: Bitcoin Cash will eine Miner Entwickler Abgabe einführen, Tether veröffentlicht Gold-unterstützte Kryptowährung & Chiliz Sport Fan Token Exchange. 1.) Bitcoin Cash will eine Miner Entwickler Abgabe einführenhttps://www.btc-echo.de/bitcoin-cash-kommt-die-mining-steuer/ 2.) Tether veröffentlicht Gold-unterstützte...
Read More »Ripple’s XRP Swaps to Be Added by BitMEX, Two Derivatives to Be Delisted
The cryptocurrency derivatives market is on heat, with the BitMEX release of the XRP-USD quanto swap tool. The so-called ‘quanto-swap’ represents the derivative with an interest rate taken from the difference between different currencies. During the swap, one person is paying another interest. It is derived from the difference between the foreign and local assets, or between two ‘shitcoins’ (in the Bitcoin maximalist lingo, all the coins are ‘shitcoins’, while we just try to keep the...
Read More »Coronavirus: Will Gold and Bitcoin Prices Rise as 2nd City in China Blocked?
Officials of China reported about 11 deaths and more than 500 people infected by the virus. The city where 11 million people are living, had its central market as the primary source of the virus. One of the city residents said to BBC journalists that ”the atmosphere there felt like the end of the world”.Many Chinese folks continue traveling around the country during the holidays. Also, people in Belarus, Saudi Arabia, Singapore, and Vietnam reportedly have been visiting doctors in regards to...
Read More »Ripple’s XRP Sales Declined by 80% in Q4 2019, Will It Affect XRP Price?
Prominent blockchain payments firm Ripple has published its latest quarterly XRP Markets Report for the previous quarter (Q4 2019) and there have been some significant changes in the figures. Ripple, who boasts of introducing such solutions as ODL (XRapid), Xpring, RippleNet among others, is known for publishing regular updates and views on the company’s stance on the XRP market in order to ensure transparency on the progress of the platforms as well as inform its stakeholders.According to...
Read More »Bitcoin Cash (BCH) Community Fractured by Sudden 12.5% Mining Tax
Bitcoin cash community splintered by 12.5% miners tax proposal. Tax plan will be activated via involuntary soft-fork on May 15. BCH users are furious with the sudden – and unavoidable – six month protocol change. Bitcoin cash miners will be forced to pay 12.5% of their mining rewards to a Hong-Kong based company, or else risk being booted from the BCH network. That’s according to a proposal put forward Wednesday by Jiang Zhuoer, CEO of BTC.TOP – the largest mining...
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