Normally, this ongoing drop in prices, which comes only a month after a 42% expansion in a day, pushed the bulls to their limit. An eminent Twitter trader, Bitlord, said he had left the Bitcoin business due to the ongoing tumult in the market, denoting an indication of capitulation.Over the past day, the Bitcoin bulls have finally been granted a reprieve, with the BTC going from a weekly minimum of $6,526 to $7,378.13, which represents a massive increase of more than 10%. With this reprieve...
Read More »TransferGo Set to Move to Ripple’s On-Demand Liquidity that Uses XRP
Last year, the U.K. payment remittance platform TransferGo, announced that it had entered a partnership with Ripple and joined RippleNet, with a focus of helping Indian migrants in the U.K. make cross-border payments back to their families. However, the company has now announced that it will take the relationship a notch higher, and move its business to Ripple’s On-Demand Liquidity (ODL) which uses XRP.Speaking about the move, CEO Daumantas Dvilinskas has suggested that ODL will shoot the...
Read More »Booking.com Joins Hands with Crypto-Friendly Travel Booking Platform Travala.com
As part of a major Strategic Partnership Agreement online travel giant Booking.com has joined hands with crypto-friendly travel platform Travala.com. The official announcement came from Travala on Monday, November 25.Over the last two years, Travala has expanded its services by allowing its users to pay for their hotel bookings in cryptocurrency. Besides, the announcement says that Travala has already integrated Booking.com’s accommodation to its platform. With this major collaboration,...
Read More »Stock to Flow Analyst Sees Bitcoin Trading at $10,000 Before End of Year
Many crypto enthusiasts are placing ultra bearish forecasts on Twitter. The stock to flow model suggests that the move down is out of the norm. There’s a strong possibility that bitcoin trades above $10,000 before 2019 expires. In the last few days, bitcoin has been the subject of bearish calls. Many are calling a drop between $6,000 and $5,500. Peter Brandt chimed in on the topic. The most followed trader on Twitter said that the head-and-shoulders top for bitcoin doesn’t...
Read More »BNY Mellon Joins Trade Finance Blockchain Marco Polo Aiming to Go Live Quickly
The latest reports have revealed that the Bank of New York Mellon has officially joined the Marco Polo trade finance consortium. This consortium is known to run on R3’s Corda and BNY Mellon has become the 28th bank to join. The bank has been constantly investing in the blockchain space since 2015. As we highlighted previously, the investments have significantly increased in recent months.The $373-billion asset bank is reportedly evaluating Marco Polo’s technology intending to onboard clients...
Read More »Ripple Finishes $50M Investment in MoneyGram
Financial services company MoneyGram International Inc. announced on Monday that a provider of leading enterprise blockchain solutions for global payments Ripple Labs, completed its final $20 million investment in MoneyGram equity consistent to its primarily $50 million equity investment commitment that the company made earlier this year.The price of share Ripple paid was $4.10 that seems to be pretty much higher than MoneyGram’s current price on the market. As per the announcement, the...
Read More »Bitcoin Price Recovers Above $7,000 But Markets Shiver in ‘Extreme Fear’
The Crypto Fear and Greed Index hit its lowest value in months. The recent decline in prices took the market into “extreme fear.” The market tends to flourish in difficult circumstances. The Crypto Fear and Greed Index (CFGI) recently plummeted to its lowest value in months, signaling “extreme” levels of “fear” in the industry. The move comes after bitcoin dropped below $7,000, which brought out some of the most prominent crypto critics to spread fear, uncertainty, and doubt...
Read More »Binance Launchpad Platform Announces Troy Trade IEO
Binance yet again greets us as “Binancians” and announces a new project called Troy (TROY) on its Binance Launchpad platform. If you have ever participated in a lottery format token sales, then you already know how it is, but if not, let us explain. Binance already started recording user balances on November 3, 2019. Generally, Binance will record user BNB balances until December 3, 2019 (for a whole month), and the final BNB balance will determine the average BNB amount in the user account,...
Read More »#758 Ripple Moneygram Anteile, Neue Sibirische BTC Mining Farm & Booking.com mit Krypto zahlen
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 758. Heute sprechen wir über folgende Themen: Ripple erwirbt weitere Moneygram-Anteile, Neue sibirische Bitcoin-Mining-Farm & Travala Krypto-Bezahlung für alle Booking.com Hotels 1.) Ripple erwirbt weitere Moneygram-Anteile für 20 Millionen US-Dollarhttps://www.btc-echo.de/ripple-erwirbt-weitere-moneygram-anteile-fuer-20-millionen-us-dollar/ 2.) Neue sibirische Bitcoin-Mining-Farm ist die größte in...
Read More »Billionaire Mike Novogratz Draws Line in Sand on Bitcoin Price
Bitcoin’s recent plunge to below $7,000 pretty much shell-shocked much of the crypto community, leaving some market participants scrambling and others to speculate about why it happened. The months leading up to the next bitcoin halving event are supposed to be exciting, but bitcoin has once again proven its unpredictable not to mention highly volatile nature. Source: TwitterNo crypto investors have been unscathed by the fallout, billionaire trader Mike Novogratz included. The...
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