Bitcoin (BTC) Bitcoin, the largest cryptocurrency by market cap, has shot up to $6,500. This past week has been an up-and-down journey for the cryptocurrency, with price swings from $6,400 all the way down to $6,090, but for the time being, bitcoin appears to be exhibiting bullish activity and expanding […]
Tag: ripple
ChainXchange Day 2: Thomas Lee, Paul Krugman Discuss Bitcoin Longevity
The second day of Las Vegas Blockchain Week and the ChainXchange blockchain convention has concluded. Today’s activities included discussions and lectures carried out by prominent cryptocurrency supporters and skeptics, including representatives from Ripple and NEM, as well as Nobel Prize winning economist and perpetual crypto bear Paul Krugman. In the […]
Number of ICOs Grew 1.5 Times, Money Raised Decreased 12% in Q2: Report
The number of ICOs launched in the second quarter of the year grew by 49 percent, a new report states. The amount of money raised, however, indicated that investors were less excited at the prospect of investing in ICOs, as it fell by 12 percent. Finance and commerce ICO projects […]
Crypto Price Week in Review: All Major Currencies Fall After SEC Postponement
Bitcoin (BTC) At press time, bitcoin is trading for just over $6,400, a price it managed to secure yesterday afternoon. The currency has been the victim of several price swings over the last few days, which likely stem from the Securities and Exchange Commission’s (SEC’s) announcement that it was postponing […]
Crypto Price Watch: Most Major Currencies in the Red as Market Stumbles
Bitcoin (BTC) At press time, bitcoin is trading for about $7,485. This is roughly $60 less than where it stood 24 hours ago. Wall Street player Goldman Sachs explains that bitcoin’s recovery was a fluke; that the currency will never dominate the financial infrastructure, and future declines are expected. On […]
XRP Price: Value Remains Stable at $0.45
The past weekend has not disrupted the cryptocurrency markets all that much. Not entirely surprising, as there is no reason for the markets to lose or gain any real value after positive days last week. Even so, it appears most cryptocurrencies will see positive momentum later today. The XRP price […]
Ripple’s Q2 Market Report Shows Positive Outlook Despite Overall Market Slump
In line with its transparency policy, Ripple has released its Q2 XRP markets report in which it accounted for its activities over the past three months. According to the report, it was the company’s most successful quarter yet in terms of clients signed, but the price of XRP still remained […]
Crypto Price Watch: Week in Review
Bitcoin (BTC) The father of crypto is currently trading for roughly $8,170. The currency has managed to stay above $8,000 all week, though we’ve witnessed marginal rises and drops between $8,000 and $8,300. Recently, the Winklevoss Twins’ application for a bitcoin ETF was rejected. The SEC has been relatively mixed […]
Bitcoin Is Impractical, Blockchain Is Overhyped: Stripe COO
Blockchain-based payment systems will not replace credit cards and other mainstream payment methods, at least not within a decade. This is mainly because they are too slow for day-to-day payments, with a Bitcoin transaction currently taking the better part of an hour. This is according to Claire Hughes Johnson, the […]
XRP Price: 6% Setback may Reverse Course Later This Week
As was to be expected after a few days of positive momentum, things are returning to normal for all cryptocurrency markets. This unfortunately means all currencies are going through another rough spell of negative market pressure. All five of the top currencies have lost value, with the XRP price facing […]
The Struggle Continues for Ripple as More Key Companies Snub It
Ripple and Coinbase have had a long history, one that has involved a lot of heartbreak for XRP enthusiasts. With XRP being the third-most valuable crypto by market capitalization, it was expected that the largest crypto exchange in the US would list it, but it hasn’t. The XRP community has […]
Price Watch: Bitcoin, Ripple, Bitcoin Cash and Litecoin Show Signs of Life While Ethereum Struggles
Bitcoin (BTC) Bitcoin’s price has incurred a massive spike since yesterday, jumping from around $6,700 to $7,300. With the $7,000 mark breached, many analysts are wondering if $8,000 isn’t too far away. One source claims the recent jump is part of a wave of “new money” entering the crypto marketplace, […]
Ripple Beefs up Its Legal Team to Address the XRP Securities Lawsuit
Legal trouble is brewing at Ripple. The issuer of the XRP asset is facing many lawsuits over securities fraud and its alleged issuing of security tokens without an official license. To counter these issues, the firm recently hired two new people who will help defend the company. Ripple Is Prepared […]
More Wall Street Execs Decamp to Join Crypto Startups
Australian exchange bitcoin.com.au has a new man at the helm: Ben Ingram. The former executive at audit firm PricewaterhouseCoopers was appointed by the exchange to spearhead its expansion as it seeks to list more cryptos and become the dominant player in the largely untapped Australian market. Ingram becomes the latest […]
Ripple Labs Faces Its Third XRP-Related Lawsuit as SEC’s Stance Remains Unclear
There are still some concerns as to whether or not Ripple’s XRP will be labeled a security. The SEC has not yet rendered its verdict in this regard. Another lawsuit has been filed against the founder of Ripple Labs, alleging that the defendants broke state and federal securities laws by […]
Ripple Launches a Web Series to Address Emerging Issues
Ripple has been among the most pragmatic and unconventional blockchain startups in the market. The company has been under fire lately as XRP continues to provoke heated debate about whether it is a security or not, but this hasn’t kept the company from making major moves. It recently announced that […]
10% of Millennials Are Selling Crypto to Afford Their First Home: $2B Real Estate Firm
According to Redfin, a multi-billion dollar real estate company listed on Nasdaq, 10 percent of millennials have sold their crypto holdings to afford their first home. Breakdown of Millennials’ Investment Strategies In March of this year, Redfin surveyed 2,000 US residents to understand the perspectives and concerns of both millennials […]
XRP Price: Japan Shows an Increasing Appetite for Ripple’s Asset
These are interesting times for all cryptocurrencies. After plenty of excitement yesterday, it appears another reality check is on the horizon. Few currencies effectively note any growth, with some even losing value over the past 24 hours. The XRP price is still rising, and reaching $0.50 still remains possible. XRP […]