Crypto EcoBlog
Bitstamp ranks among the biggest crypto exchanges in Europe. On October 9, the exchange announced that it is enhancing its relationship with digital financial services provider BitGo. The digital asset financial services firm will offer secure storage for cryptocurrency assets under management at the exchange.BitGo is now tapped to offer custodial services to the biggest exchange in Europe by trading volume. Starting on October 10, Bitstamp will give BitGo custody of its clients’ digital...
Read More »Here’s How Much You’d Make If You Invested $1,000 in Google 10 Years Ago
Even though there might be more than a few worthy contenders, Google (GOOGL) is one of the world’s most popular companies and has been that way for many years. However, If we decide to narrow down the “qualifiers” to just tech or internet companies, then the number of contenders drastically drops, leaving Google somewhere in the first few. The tech giant with its hands in several cookie jars is also one of the world’s most successful companies.Google is currently into software and hardware...
Read More »Vanguard Joins Nasdaq-backed Symbiont for Blockchain Platform for Currency Trades
Photo: Vanguard / TwitterMutual funds giant Vanguard Group is working with blockchain startup Symbiont, backed by Nasdaq Ventures, to create a blockchain-based trading platform for asset managers to trade currencies in the $6 trillion currency market.This step by Vanguard would be a major disruption in the currency market which is currently dominated by banking giants JPMorgan and Citi Group. By leveraging the blockchain-powered peer-to-peer trading for investors, Vanguard plans to allow...
Read More »EOS Price Analysis: Primed For More Gains Above $3.30
EOS price is slowly climbing higher and it recently broke the $3.000 resistance against the US Dollar.The price is currently correcting gains, but it remains supported near $3.050 and $3.000.There is a crucial bearish trend line forming with resistance near $3.280 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could rise steadily once there is a clear break above the $3.300 resistance area.EOS price is trading with a positive bias against the US Dollar and...
Read More »Libra’s Future in Question as Mark Zuckerberg is Set to Testify Before the U.S. Congress
Things do not seem to be going as planned for Facebook’s Libra as Mark Zuckerberg is set to testify before the US Congress later in the month. This was revealed by the Chairwoman of the United States House Committee on Financial Services Maxine Waters (D) in a press statement yesterday. The Chairwoman indicated that a letter had been sent to the Social media giant in July “requesting an immediate moratorium on the implementation of Facebook’s proposed cryptocurrency, Libra, and digital...
Read More »Litecoin (LTC) Price Analysis: Further Recovery Seems Likely
Litecoin price started an upside correction after forming a base above $52.50 against the US Dollar.LTC price is currently consolidating above the $57.50 level and it could slowly climb higher.There was a break above a key bearish trend line with resistance near $55.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dip a few points, but it is likely to climb towards the $62.50 and $64.00 resistances.Litecoin price is showing a few positive signs against the...
Read More »Binance Will Support WeChat And Alipay For Bitcoin Purchases
Photo: CoinspeakerRecently, Binance has announced that they will add two more fiat-to-crypto gateways, hence WeChat and Alipay. With this move, citizens of China now will be able to purchase Bitcoin, with these two payment options. Changpeng Zhao, the CEO of Binance, confirmed this news on his Twitter account:YES https://t.co/dnHKQSLvS4— CZ Binance (@cz_binance) October 9, 2019Currently, this initiative is only in the testing phase for Android users, but will eventually come out on iOS as...
Read More »All that Glitters Is Not Gold
Harald Seiz, CEO of Karatbars. Photo: Karatbars GmbH / TwitterMoney isn’t everything but it sure as darn hell makes misery a lot easier to bear. Feed that crap to someone else. Per Wikipedia, a Ponzi scheme is a form of fraud which lures investors and pays profits to earlier investors by using funds obtained from more recent investors.Starting a successful business is long been important for everyone’s dream. Some legitimate businesses rely on successful entrepreneurs. These are legit...
Read More »Bitcoin Association and Cambridge Partner Over Bitcoin SV
The Bitcoin Association has joined hands with the Cambridge University Meta Net Society to sponsor a new study program that will allow students to learn about bitcoin SV (BSV).Bitcoin SV: the Future of Crypto?Bitcoin SV has been something of a controversial coin since it first emerged roughly one year ago. First off, it’s a product invented by Australian bitcoin developer Craig Wright, who seems to have mustered up just as many enemies as he has fans. In addition, bitcoin SV is the “child” of...
Read More »Two Analysts Claim Bitcoin Network Could Still Shatter
At press time, bitcoin has jumped beyond $8,600, meaning the currency has incurred a $500 spike in the last 24 hours. Naturally, everything is looking good for the currency right about now, but would it be possible for bitcoin to still wind up in the gutter, and if so, when?Could Bitcoin Fall Into a Dismal State?According to MIT’s Cory Fields and former Block Stream CTO Greg Maxwell, bitcoin is still something of an “experiment.” They acknowledge that it’s been around for roughly ten years...
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