Tag Archives: News

Ripple price climbed higher nicely above the $0.2700 resistance area against the US dollar.The price tested the $0.2880 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.2755 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well supported for more gains above $0.2700 and $0.2680.Ripple price is showing a lot of positive signs above the $0.2700 area against the US Dollar. XRP price is likely...

Libra was first announced approximately eight months ago in June of 2019, and for the most part, the reception has been mixed.Why Is Libra Losing So Much Support?Many banks, regulators and members of the public have scoffed at the idea that Facebook – the parent company behind Libra – would seek to enter the financial fray. With so much scandal under its belt in the past two years alone, one wonders how such a venture could even exist, and that a company like Facebook would even dare to...

At press time, bitcoin (BTC) – the world’s number one cryptocurrency by market cap – is doing better than it’s done in months. Not since late October of last year has bitcoin seen numbers like this, and the currency is on the verge of hitting the $9,900 figure. This would put it just under $10,000 – not only a highly respectable number, but one that crypto traders haven’t seen in about six months and one that represents bitcoin’s present resistance level.Bitcoin Is Close, but Can It Truly Hit...

Bitcoin is a vulnerable asset. No matter how strong it seems to get, there is always some hacker out there looking to get their hands on BTC units they didn’t earn. Now, Kraken Security Labs – the cybersecurity firm of the San Francisco-based crypto exchange – has discovered a new way for cyberthieves to steal bitcoins, and it involves what has widely been considered one of the most secure wallets in the world.Kraken Claims Trezor Is DangerousThere is a serious problem that’s been found in...

Bitcoin price gains steam hitting $10,000 level, with the overall crypto market entering bullish price action.Many of the cryptocurrency critics are waiting for the market crash soon after the Bitcoin Halving in May 2020. Some of them waiting for the crash even before the Halving. However, Bitcoin‘s price keeps rising, crossing the 10K milestone with ease. While the Bitcoin Core repository on GitHub receives no major updates this Winter, this price action is a big success. All the...

The SEC commissioner Hester Pierce wants the blockchain space and the regulators to work on an eased juridical framework for ICOs in the next three years.During the recent industry conference in Chicago, the SEC Commissioner Hester Peirce proposed a new regulatory framework for ICO companies and unqualified investors.Current securities laws don’t allow numerous ICO startups and similar firms to collect money from U.S. citizens. According to the law, almost any cryptocurrency, coin or token is...

As the cannabis industry is now one of the fastest-growing ones in the U.S, cryptocurrencies that are exclusively made for dispensaries to transact business make their entrance into the market.The Cannabis industry boasts a predicted growth rate of 21% over the next three years and had a cumulative growth rate of 110% while providing over 250,000 direct jobs in the process and many affiliated jobs opened up as a result of this. The jobs provided are estimated to hit 330,000 in the next couple...

Crypto and blockchain job seekers are in for a treat. One of the primary financial regulators – the Financial Conduct Authority (FCA) – in the United Kingdom is looking for someone who can serve in a crypto/ blockchain capacity and help them better understand the properties and abilities behind distributed ledger technology.The FCA Is Searching Far and WideThe job post reads as follows:You will enjoy a unique view of the financial services industry, law enforcement partners and UK government...

Ripple (XRP), the world’s third largest cryptocurrency by market cap, has suggested that an initial public offering (IPO) based on its technology is slated to arrive in the coming months.Ripple Continues to Make WavesAt the Davos World Economic Forum last January, CEO of Ripple Brad Garlinghouse explained to a crowd of listeners that a Ripple IPO could occur sometime in 2020. He also stated that more IPOs based on cryptocurrencies are likely to follow, and that this will likely become a...

Citigroup and Goldman Sachs have performed the very first equity swap over the Ethereum blockchain.Citigroup and Goldman Reach a MilestoneSuch a swap involves one party making a payment to the other in exchange for a return asset. The process is undergoing a period of testing in which an additional 13 organizations will take part. The swap also ensures that each party to engage will have access to the same data, ensuring there are no issues across the board and lessening the chances for...