It has been announced that SettleBit financial solutions entered in a partnership with BitGo to provide a new Bitcoin custody service to its longtime supporters.Crypto custody provider BitGo is expanding its services. The institutions that use BitGo Bitcoin custody service now receive a possibility to trade digital assets right within it. This is done via API integration, where a client’s price offer instantly matches with the network soon after verification of incoming funds. During the...
Read More »Ripple’s XRP Underperformance in 2020 Is Highly Likely, Says Mike Novogratz
While some experts are rather bullish about the performance of Ripple’s XRP in 2020, Mike Novogratz believes that the coin will underperform again this year.XRP’s underperformance in 2020 is likely. It is the world’s third-largest cryptocurrency by capitalization. But by this moment, it has failed to meet expectations. Many in the crypto space are even wondering if the cryptocurrency token deserves mention. The past few years have been harsh for XRP price. Some experts are laying blame on...
Read More »Visa Is to Change Point-of-Sale System Fees for U.S. Merchants
Visa has announced some updates for merchants. Transactions on e-commerce sites will have higher rates, while retailers in certain services categories, such as real estate and education, will see fees decline.It got about the plan of financial corporation Visa to change the point-of-sale system for the U.S. merchants. According to the company, the move is the major system’s update through which Visa aims to persuade more people to give up using checks. Besides, the company is planning to...
Read More »Ripple’s XRP Price Is Up as BitMEX Launches Perpetual Swaps against U.S. Dollar
Just recently BitMEX has launched XRPUSD swaps. At the very beginning Ripple’s XRP price hasn’t reacted, staying stable. However, now XRP seems to be climbing up.The third-largest cryptocurrency by market cap XRP is now supported for perpetual swaps with the United States Dollar on the crypto derivatives exchange, BitMEX. The XRP price at first failed to react positively. It stayed at the same level. However, now the situation has changed. The price seems to be climbing up. BitMEX confirmed...
Read More »Amazon Is a New Member of $1 Trillion Club after Months of Flirting
Amazon joined Microsoft, Apple, and Google (Alphabet Inc) to rank among the wealthiest companies in the U.S. with a market cap of over one trillion dollars on February 4, 2020. Now it is a new member of the elite $1 trillion club.Amazon joined Microsoft, Apple, and Google’s parent Alphabet to tank among the wealthiest companies in the U.S. The other three entered the elite club for the first time in January 2020. All of them together make up the “Trillion Dollar Club.”Up to today, only these...
Read More »Snapchat (SNAP) Stock Drops 11% as Revenue Fails to Meet Analysts’ Expectations
Snap’s revenue did not meet analysts’ expectations of $563 million which had a negative impact on SNAP stock price. However, the company managed to increase its daily active user base.Recently, Snapchat’s parent company Snap has published its Q4 2019 earnings. It has turned out the company has not lived up the revenue expectations of Wall Street analysts. As a result, Snap stock has dropped 11%.According to Snap, they have increased the fourth quarter revenue 44% year-over-year to $561...
Read More »Gemini Exchange and TradingView Form New Partnership
Millions of investors on TradingView can now buy Bitcoin, Ethereum, Bitcoin Cash and Litecoin through Gemini partnership.Gemini account holders and TradingView investors can now rejoice after the two companies decided to integrate their services. This was reported through their official web pages on February 04, 2020, where Marshall Beard, Gemini Corporate Development, was delighted to announce the news to the customers.With both entities having different tastes to offer to their customers,...
Read More »Ripple and Intermex Partnership Targets Cross-border Payments Between U.S. and Mexico
Ripple has entered in a new partnership. Together with International Money Express, Inc. (Intermex) it will ensure faster cross-border payments between the U.S. and Mexico.Ripple, a blockchain company specializing in global payments announced on Feb. 4 that it has partnered with International Money Express, Inc. (Intermex), a company providing remittance services to Latin America and the Caribbean corridor. The partnership between Ripple and Intermex is another testament to the blockchain...
Read More »XRP Price Jumps More Than 10% with Sudden Volumes Surge, Breaks Its Downtrend Momentum
Ripple’s XRP has surprised the market and the investors as its price jumped 10% due to a sudden surge in trading volumes. With today’s move, the XRP price has gained 35% year-to-date.XRP that us actively used by Ripple in its solutions has witnessed a sudden inrush of volumes today gaining over 10%. Despite the majority of top-ten cryptocurrencies showing only minor movement, XRP has successfully broken its downtrend.At press time, the XRP price is 11.84% higher in the last 24 hours and is...
Read More »Cardano (ADA) Price Analysis: Rally Could Gather Momentum Above $0.060
ADA price is trading in a positive zone above the $0.0550 resistance area against the US Dollar.The price is likely to surpass the $0.0600 resistance area in the near term.There are two key bullish trend lines forming with support near $0.0550 and $0.0535 on the 4-hours chart (data feed via Kraken).The price remains well supported on dips towards $0.0520 if it corrects lower in the near term.Cardano price is showing a lot of positive signs above $0.0550 against the US Dollar, similar to...
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