Ripple has been included in the list of the top 100 cross-border payment firms by FXC Intelligence. It is ranked with top giants in that field like PayPal and also UBS.The San-Francisco blockchain company Ripple Inc. has been recognized by FXC intelligence as one of the top 100 most important companies globally that are dealing with border payments in 2020. Ripple is the only crypto-related company that made it in the list of the cross-border whales.FXC Intelligence is a financial data...
Read More »Bitcoin Price Kisses $10,000 Levels Before Falling, CME Gap Can Be One of Obstacles
The Bitcoin price plays around $10,000 levels and faces stiff resistance. Several indicators suggest a bullish view ahead for the short-term. Analysts expect the BTC price to rally further above $10,300.Over the last week, the Bitcoin price has remained largely volatile as it plays around $10,000 levels. Earlier last week, the Bitcoin price surged from $9500 levels to all the way to $10,200 by Wednesday, February 19.However, on the very next day, February 20, the BTC price lost all its gains...
Read More »Bitcoin Halving Has Not Been Priced In, Claims Binance CEO Changpeng Zhao
According to Changpeng Zhao, Bitcoin halving does not have a set price. But after the event, we may expect that the BTC price will react positively. In less than three months, the most anticipated event for the crypto community will take place: Bitcoin halving. Scheduled for May, Bitcoin halving happens at every 210,000 blocks and cuts down the supply of BTC, making the asset more scarce. Now the reward for each block is 12.5 Bitcoin and after halving it will be 6.25 Bitcoin.It takes four...
Read More »Dow Futures Slide 400 Points as Coronavirus Cases Surge Outside China
Global markets across Europe and Asia have plunged severely on Monday as South Korea and Italy report several new affected cases of the coronavirus on Sunday. Analysts request investors to maintain caution at this stage.At press time, the Dow Jones Industrial Average Futures lost over 400 points to 28,540 levels. At the Monday opening, the stock futures are having a massive bloodbath on Wall Street as the coronavirus cases outside China surge significantly.As the possibility of the global...
Read More »Failings of the Retail Industry: How Have Platforms Missed the Mark, and What Can We Learn from Reckoon?
The development of technologies is moving forward and it can’t but influence the development of many industries. Big data and machine learning are believed to be the key factors for retail industry growth.Since the beginning of the “fourth industrial revolution”, markets have seen the rise of tech giants Google, Amazon, Apple, and Microsoft, seen the impacts of AI in the automotive industry, and watched as the availability and delivery of products and services have accelerated in ways nobody...
Read More »South Korea’s Coronavirus Alert Raised to Highest Level, Asia Stocks Drop by Around 4%
The noise around coronavirus is growing. Stocks in Asia are falling due to this situation and there are no signs of improvements.South Korea’s coronavirus alert level has been raised to its highest levels, it has led to a new drop of stocks in Asia. Sources report that this action occurred as 161 new cases have been reported. Seven deaths have been reported so far.Markets in Japan haven’t reported any data due to holiday closures on Monday. The Korean currency won fell to 1,219.22 per dollar....
Read More »Stellar Lumen (XLM) Price Could Rally If It Breaks $0.075
Stellar lumen price is facing a lot of hurdles near $0.0735 and $0.0750 against the US Dollar.XLM price is currently declining and it could revisit the $0.0670 support area.There was a break below a key contracting triangle with support near $0.0712 on the 4-hours chart (data feed via Kraken).The pair must climb above $0.0735 and $0.0750 to start a strong increase in the near term.Stellar lumen price is facing many resistances against the US Dollar and bitcoin. XLM could decline towards the...
Read More »Ripple Price Analysis: XRP Could Dip Further Before Fresh Increase
Ripple price is struggling to climb above the $0.2850 resistance area against the US dollar.The price is currently declining and it might test the $0.2645 support level.There is a key bearish trend line forming with resistance near $0.2805 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair must climb above $0.2805 and $0.2850 to start a strong increase in the coming sessions.Ripple price is currently struggling below $0.2850 against the US Dollar. XRP price could dip...
Read More »The Libra Association Says “Welcome Aboard” to Shopify
While Libra may not have that many fans as of late, it looks like some companies are simply dying to jump on board.Libra Gains a Pal in ShopifyThe Libra Association has just announced that Shopify – an e-commerce platform provider – has entered the frame and will be responsible for the decision-making processes surrounding Libra and Calibra in the coming future. Shopify states that the addition of Libra to the financial spectrum is likely to increase the strength, durability and safety behind...
Read More »Former CFTC Chairman Claims It’s Time for Digital Dollar
Christopher Giancarlo, the CFTC former head, says that the U.S. should issue the digital dollar to compete with other CBDCs. Giancarlo claims that the CBDC dollar is not a competitor to Bitcoin, Ethereum, TON or Libra.Not only the CFTC former head thinks that the FED should issue dollar like bitcoins, but he also states that bitcoin itself can be used as a digital dollar or gold.During Yahoo’s ‘On the Move‘ on Thursday, Christopher Giancarlo said that the Chinese government will create some...
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