Tag Archives: News

Bitcoin may have different names and “digital gold” is surely one of them. However, if it’s to believe Intercontinental Exchange’s chief executive’s words, it first has to start being used more in everyday business.ICE head Jeffrey Sprecher said on Thursday that the constant use in transactions is the crucial step for Bitcoin if it wants to be regarded as a long-term store of value. ICE’s Bakkt subsidiary, which recently (finally) started with its Bitcoin futures market, announced earlier in...

American multinational conglomerate General Electric has brought new hope for its investors after its announced strong Q3 results. GE has been struggling over the past three years witnessing a major slowdown in its output. In the last three years, the GE stock price has been on a constant downfall and corrected over 66%.However, under the recent leadership of Larry Culp, the multinational giant looks poised for a solid resurgence. After the company announced its Q3 earnings on Wednesday, GE’s...

Ripple‘s XRapid system is 10 times safer and is only one-tenth volatile if compared fiat for making international payments. Fiat cannot compete with XRP’s speed and security.Ripple is a real-time gross settlement system and a form of currency exchange. Banks and financial institutions have the cryptocurrency XRP which is used in a row of Ripple’s solutions, as a settlement infrastructure technology. Payments done using it are irreversible, and there are no chargebacks.In its study Ripple...

Probably the largest digital currency exchange platform in the world Binance is reportedly going to set up post in China, with an office in the capital city of Beijing. When the Beijing office is finally launched, it will be the second Binance office in the country, after the one currently operating in Shanghai, China’s biggest city. The news came from anonymous sources in a Coindesk report and is not officially confirmed yet.Since there is no official word from the exchange, no one is...

Cryptocurrency derivatives exchange BitMEX sent a mass email to its users on Friday with all of their email addresses in the “To” field. Usually, when you are sending a mass e-mail and you want to protect other users’ privacy, you put their e-mail addresses in the so-called blind carbon copy or BCC field. That’s how the other users’ e-mail addresses stay hidden from everybody else. This way, by not putting the names in the BCC field but in an amateurish manner dividing them by the comma,...

In September, one of the world’s most popular cryptocurrency exchanges Binance launched its U.S. arm, initially allowing U.S0. citizens to trade 13 cryptocurrency pairs across Bitcoin (BTC), Bitcoin cash (BCH), Binance Coin (BNB), Ether (ETH), Litecoin (LTC), XRP, and the Tether stablecoin (USDT). Since the launch, only one month has passed, but Binance.US has already demonstrated incredible results: its daily trading volume has exceeded $15 million.Besides, the U.S. arm of Binance has...

Bitcoin cash price rallied recently and climbed above the $280 resistance against the US Dollar.The price is currently consolidating above $180 and seems to be setting up for the next break.There is a major breakout pattern forming with resistance near $284 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could either rally again above $285 or it might extend its correction to $260.Bitcoin cash price is trading in a nice uptrend above $280 against the US Dollar....

Litecoin price is currently correcting lower below the $60.50 resistance against the US Dollar.LTC price is currently holding the key $57.10 and $55.80 support levels, with a positive bias.There is a major bearish trend line forming with resistance near $58.90 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dip once last time towards the $55.80 support area before it started a decent upward move.Litecoin price is retreating from the recent high near $64.40...

Blockchain technology is predominantly associated with crypto. As a distributed ledger system, it is designed to ensure transactions are properly recorded and that there is solid, truthful evidence of money, assets or other property transferring from one party to the next.What Is the Power of Blockchain?What not a lot of people realize, however, is that blockchain has a lot of other uses that don’t necessarily apply to finance. Perhaps the big stickler is that blockchain can potentially serve...

Libra has been a hot topic of debate lately, and now, executives of both Ripple and Ethereum are adding their thoughts to the mix.Libra Is Still Having Some TroubleLibra is Facebook’s new stable cryptocurrency. Designed to be a global payment system, the currency can be utilized via social media to purchase goods and services. Unfortunately, at the center of the project is a serious trust issue – one that seems to be growing larger with each passing day.This is the sentiment of Ripple’s Brad...