Tag Archives: News

Ripple price is currently recovering and is trading above the $0.2500 resistance against the US dollar.The price is likely to break the $0.2700 and $0.2850 resistance levels in the near term.There is a key bullish trend line forming with support near $0.2515 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price remains well supported on dips near the $0.2600 and $0.2550 levels.Ripple price is showing positive signs above $0.2600 against the US Dollar. XRP price is...

Europe is becoming a solid haven for crypto and blockchain companies, and now, the small nation of Liechtenstein is boosting the European crypto community further.Liechtenstein: The New Crypto TargetThe country will soon be home to another digital asset platform brought forth by Bittrex. The company is launching what’s called Bittrex Global, and it’s set to go live by the end of October. Crypto traders throughout the continent will soon have access to what a statement refers to as a “wide...

Have you ever made a friend of an enemy? Was there ever anyone or anything that you just couldn’t stand, yet you wound up becoming inseparable down the line? People like Katie Haun can relate to this story.Katie Haun: Why She Now Loves BTCHaun is a former federal prosecutor that had been required to examine mafia cases and other major crimes that were plaguing the rural U.S. At one point, an employer adamantly requested that she study bitcoin and see if there was a plausible way of “shutting...

Facebook’s Libra has no doubt incurred a mixed reception among crypto fans and regulators alike, but the fact that it could now be left in the dark by one of its biggest supporters – PayPal – doesn’t look good at all.Libra and PayPal Part WaysPayPal and Facebook are hugely connected through Libra in that former PayPal exec David Marcus is the leader of development with Facebook’s blockchain division. He’s the guy in charge of Libra, and he’s often the man who serves as the face of the...

Tom Lee of Fundstrat fame is back in the news again. This time, he’s explaining why institutional players have been so reluctant to get involved in digital assets.Lee: Crypto’s Not Big Enough for InstitutionsIn a recent interview, Tom Lee explains:There’s a mechanical issue for crypto in terms of infrastructure that’s needed, but there’s probably also a size of market issue.He believes that cryptocurrency might be “too small” for institutional players, who are used to investing in major...

Despite the recent turn of events, despite bitcoin once again falling into the $8,000 range, the currency is still 2019’s best performing asset according to a new report.Bitcoin Is Still at the Top of Its GameThe currency shocked enthusiasts this April when it spiked to the $5,000 range. Many traders and investors thought that day would never come. After all, 2018 had been filled to the brim with humiliating losses that ultimately caused the coin to lose more than 70 percent of its overall...

Apple CEO Tim Cook doesn’t appear to be a fan of Libra… or Facebook, for that matter.Tim Cook: Only Countries Should Be in Control of CurrenciesWhile he didn’t single the two enterprises out specifically, he did speak out against companies that were looking to “create their own currencies.” At press time, all one can really think about is Facebook’s venture into the crypto space through its new coin Libra, which has enjoyed a mixed reception since the beginning of the year when it was first...

Cryptocurrency investment fund Galaxy Digital and over-the-counter (OTC) trading firm XBTO announced they have managed to organize the first block trade ever of Bakkt’s Bitcoin futures contract.In the announcement, Bakkt’s parent company, Intercontinental Exchange (ICE), said the deal is done but hasn’t disclosed any further details (as price or size). Trabue Bland, President of ICE Futures U.S said that since it launched last week, the Bakkt Bitcoin Futures has achieved several milestones,...

As we’re learning, there are multiple uses for blockchain technology (i.e. supply chain data), and IKEA Iceland is proof of that.IKEA and Ethereum: A Solid Match?The furniture conglomerate’s Icelandic offices recently settled an invoice on the Ethereum blockchain, and payment was issued in virtual currency. Ethereum is often sought after for its smart contract capabilities, making it one of the top blockchain to build new coins and decentralized apps on.Unfortunately, according to co-founder...

As we have seen in the crypto world, nobody is safe from crypto-based ransomware, and in the case of one Spanish city – Jerez de la Frontera – that lesson is being learned all over again.Jerez Under FireA hacker has apparently taken an entire city hostage. The computer network of Jerez de la Frontera has been locked up by a malicious actor who is demanding bitcoins in exchange for loosening his or her hold on the system. The attack first began on Tuesday night with what were deemed small...