XRP Price Analysis for March, 3rd – XRP Remains Weak

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, March 3rd, the XRP is slightly declining, trading at 0.2347 USD. The price keeps failing to bounce but the market does not lose hope. On D1, the quotations reached 50.0% Fibo in a bullish correction and then went down rather quickly. The declining wave broke out … Read more

US Charges North Korea-Linked Chinese Nationals for Laundering Over $100 Million in Stolen Cryptocurrency

The U.S. government has charged two Chinese nationals involved in laundering stolen cryptocurrency worth $100 million from an exchange allegedly for the benefit of North Korea. They are linked to the U.S.-designated North Korean state-sponsored Lazarus Group. A total of 113 cryptocurrency accounts and addresses used to launder funds have been identified. Also read: SEC … Read more

The Emerald Wallet Upgrade for Ethereum Classic Solves Ledger Issues

Although it is often overlooked, the Ethereum Classic ecosystem is still evolving rather nicely. With a new Emerald Wallet upgrade available to users, the upcoming core upgrade should pose no real problems. It is crucial to keep a core crypto wallet updated at all times. Ethereum Classic Trucks Along Nicely Every cryptocurrency network has its … Read more

Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions

The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest changes. Also read: Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive Against Online … Read more

Ripple CEO Interview Gets Taken out of Context

In the cryptocurrency space, there will always be major bias toward certain projects. A recent interview by Ripple CEO Brad Garlinghouse is being ripped out of its context once again. Many people believe that Ripple is dumping XRP on cryptocurrency exchanges. People Still Don’t Understand Ripple To this date, that has never been proven in … Read more

Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive Against Online Gambling

Turkish authorities will soon be going after crypto exchanges operating in the country, local media reported. Although the trading platforms are not the prime target of a new push to increase budget receipts, they will be placed under close examination. The news comes as a military escalation with Syria and the coronavirus outbreak in the … Read more

Block.one CTO Claims Accessing Ethereum Through EOS is Beneficial to Smart Contracts

Similar to other blockchains, there are only so many transactions the Ethereum network can process. For its many smart contracts, that may prove to be  a roadblock sooner or later.  A limited throughput is problematic for any blockchain ecosystem. Running Ethereum on EOS? Bitcoin knows this all too well, with a very limited TPS at … Read more

Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor

In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project and global stablecoins. Also read: SEC Karate-Chops Steven Seagal Over Promoting Cryptocurrency Touted as … Read more