Tag Archives: Cryptocurrency News

Ripple has unlocked one billion XRP from its escrow wallet on Sunday. It represents the supply issuance for the month in the agreement with its pre-decided schedule.At present estimations, this adds up to approximately $225 million. Right now, XRP is finding itself in a pretty much heavy position regarding its price. At the time of writing it is trading $0.22 (0.49% up within 24 hours). However, if it would fall and kept itself on a support zone of 0.20$, this could mean serious trouble for...

Ethereum co-founder Vitalik Buterin is signing a petition to free recently arrested developer Virgil Griffith. Buterin argues that Griffith’s North Korean speech was basically public knowledge anyway. Reasoning aside, Griffith still ignored a U.S. travel ban. Ethereum co-founder Vitalik Buterin has come to the aid of estranged developer Virgil Griffith. FBI officials recently arrested the somewhat rogue developer in Los Angeles on Thanksgiving after he reportedly aided North Korea in its...

The United States Attorneys in New York, together with the FBI agents, went on to issue a criminal complaint charging Virgil Griffith, Ethereum Foundation member. He is suspected of helping North Korea to prepare better measures of defense against the infamous U.S. sanctions.Not only the guy decided to travel to North Korea at his own expense, he was moving in the “vacation” style. He also delivered some tech presentations with consulting while he was in the country. He taught the locals...

Mainstream media is out spreading fear, uncertainty, and doubt (FUD) about bitcoin triggered by the recent selloff.News outlets miss the fact that bitcoin is an uncorrelated asset.The same media companies also ignore bitcoin’s growing use case.The mainstream financial media is once again feasting on bitcoin’s recent tumble. The number one cryptocurrency dropped to as low as $6,515 on Monday for a 23% dump in one week. The sudden selloff is giving mainstream news outlets ammunition to blast...

U.S. Senator Johny Isakson was serving well at his position in United States Senate. However, health issues are chasing the old man: he decided to leave the job and enjoy life. The governor Brian Kemp has the power to elect a new member of the Senate to serve till the special elections. Many people approached him with pitches.President Trump Wanted His Brother in Arms to Acquire the SeatPresident Donald Trump suggested appointing Doug Collins at this position. He is a Republican who has been...

The FBI arrested an Ethereum developer in Los Angeles on Thanksgiving for teaching North Korea about cryptocurrency.The Manhattan US Attorney’s office says the 36-year old Virgil Griffith helped North Korea to evade international sanctions.The former hacker and tech idealist has been flirting with disaster for years. The New York Times did an eerily prophetic profile on him in 2008.The FBI arrested a 36-year old Ethereum developer from Alabama at the Los Angeles International Airport on...

Bitcoin’s price is eyeing a fast return to $8,000.The largest digital currency is still on track for its worst month of 2019.Bitcoin Fear & Greed Index shows investor sentiment has recovered slightly from last week’s FUD-induced selloff.Bitcoin’s price made another move higher on Friday following one of the biggest percentage gains of the month, signaling that the worst of the recent downtrend had subsided. The largest cryptocurrency is eyeing a fast return north of $8,000 – a move that...

Update: Though it was informed by media that Coinbase which is one of the world’s largest cryptocurrency trading exchanges had acquired one of the most innovative digital assets brokerage firms Tagomi for the sum of $150 million, the exchange has denied this information.As Coinbase VP of communications Rachael Horwitz noted, all this news is “100% false.”Earlier sources indicated that a deal had already been in the works and it is only recently that both parties decided to finalize the...

Traders are bearish on bitcoin after a 53% retracement.There may be more pain on the horizon but HODLers shouldn’t get shaken out.Bitcoin touts unique features that make the cryptocurrency an attractive long-term investment.Bitcoin’s price has corrected by as much as 53% from the 2019 high of $13,880. Investor sentiment has turned extremely bearish. A few weeks ago, the idea of bitcoin trading at $5,000 was unthinkable. Today, many are calling for $5,000 to be the bottom of this downtrend. A...

While it has been known for a while now that Germany has been all for national cryptocurrencies, Europe’s largest economy has made a step further by introducing a new law that will allow banks to hold cryptocurrency assets in their custody. Sources indicate that the German Bundestag (its Federal parliament) has passed a bill allowing banks to hold cryptocurrencies for their clients as custodians rather than using external custodians or subsidiaries which would have been specially created for...