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Ripple has made a lot of positive waves in the financial sector as of late. The company has embarked on an interesting mission to streamline cross-border payments and revamp the entire banking industry. With a new Ripple-powered mobile app to launch in Japan, things are headed in an intriguing direction. The Ripple Mobile App in Japan … Read more
Exposing more people to the cryptocurrency ecosystem is an ongoing challenge for all companies. So far, the general public has seemingly cooled off on cryptocurrencies ever since their prices started to dip earlier this year. Grayscale Investments will try to make a positive impact in this regard. The company announced four new investment trusts meant … Read more
Venezuela’s freshly-created cryptocurrency is still in the hot seat. With the country’s parliament declaring this currency illegal yet again, the future of the Petro is in question. Even so, it seems the Petro will be auctioned off to private companies through the Dicom foreign exchange platform over the next few weeks. A batch of conflicting reports only makes this … Read more
It is not a fun day to be a cryptocurrency holder, but we have to take the good with the bad at all times. Every single major market is in the direct right now, and things will not improve today, by the look of things. Even though the NEM price is an exception, it seems … Read more
Even though all cryptocurrency markets are on wobbly legs right now, some altcoins make positive ways at the same time. The NEM price, for example, is going up pretty nicely, thanks to a solid 9.13% gain over the past 24 hours. It is evident the currency still has a long road of recovery ahead as … Read more
This month a law firm called Polsinelli LLP published a study called “Cryptocurrency Class Action Lawsuits: A New Frontier” which explains that initial coin offerings (ICO) will spark a large number of litigation proceedings against cryptocurrency projects and businesses. Also read: New Study Looks at the Cost to Mine BTC Across the Globe ‘ICOs May Be … Read more
Binance has found itself at the center of an unusual trading bug that has created big winners and losers. In a matter of minutes, viacoin pumped by 70x. Just to compound the drama, bitcoin experienced a massive sell-off shortly afterwards following bearish news from the SEC. Binance suspended withdrawals while it investigated the matter, but … Read more
Back in the spring of 2017, the discussion of a technology called ‘ASIC Boost’ was a very hot debate amongst bitcoin proponents. Bitcoin core (BTC) supporters were extremely upset with the firm Bitmain Technologies and its owner Jihan Wu for allegedly using ASIC Boost covertly, even though the company denied it. Now according to reports … Read more
Venezuela has chosen a platform on which to auction its “oil-backed cryptocurrency”, the petro. While the country’s National Assembly has repeatedly declared this new currency illegal, the Venezuelan government will proceed with the auction of the petro on the country’s official foreign exchange platform. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies … Read more
It seems overall interest in various cryptocurrencies is on the decline. More specifically, Google searches for Bitcoin, Ethereum, and Litecoin are undergoing a major decline as of right now. Given the current sentiment across these markets, it will be interesting to see how things evolve. Crypto’s Popularity Declining After the crazy year we had in 2017, it is only … Read more