Ripple investors are a loyal lot, despite XRP posting YTD negative returns LeapRate

October 08, 2019 BY Valentina Kirilova

Ripple investors are a loyal lot, despite XRP posting YTD negative returns

Ripple Labs, the crypto entity whose mission is to revolutionize the cross-border payments industry by replacing antiquated clearing organizations like S.W.I.F.T., seems to make headway with each announcement regarding its XRP-driven platform, but it appears to be one of those “two-steps-forward-one step back” kind of enterprises. Good news is usually followed by the executive team’s…

October 07, 2019 BY Valentina Kirilova

CEO of eToro has concerns about regulatory slowness in crypto adoption

Yoni Assia, the CEO and co-founder of eToro, a social trading and multi asset brokerage company, made a recent appearance on Charlie Shrem’s podcast, Untold Stories. During his interview, he expressed two general concerns. The first had to do with the world’s need for a publicly accessible digital currency, which would be fully transparent and…

October 07, 2019 BY Valentina Kirilova

Bitcoin ranging about $8,000 median, while advocates dream of the future

Bitcoin revisited the upper $7,000s this weekend, continuing its ranging behavior, but always with a gradual downward slope, as if tempting bears or bulls to grab on. The excitement from a few weeks back is quickly becoming a distant memory, but so is $10,000, its last ranging median for weeks on end. Advocates, however, are…

October 07, 2019 BY Valentina Kirilova

Australian taxing authorities planning a major crackdown on crypto taxes

There’s gold in them thar hills, or so say-ith the Australian Taxation Office (ATO) and most other major taxing jurisdictions across the globe. After years of lenient auditing practices with regard to crypto tax collection, officials have suddenly realized that there could be enormous payoffs, ripe for the picking, for only investing a few million…

October 07, 2019 BY Valentina Kirilova

Blockchain experiments proliferating throughout every business sector

While news of Bitcoin and all things crypto dominate the financial news headlines, there is also a silent revolution that is overtaking every facet of the business community. No matter where you look, there are new initiatives that are capitalizing on the heavily touted benefits of blockchain technology. Consulting firms have told us that billions…

October 04, 2019 BY Mariela Naydenova

The TON blockchain launches in late October

Telegram , the encrypted messenger service provider, is launching the Telegram Open Network in late October, 2019. The information comes from an internal company email to investors. This is what the project team posted on Telegram regarding the update to investors: Original investors received emails from the Telegram core team,” and investors will have to…

October 03, 2019 BY Valentina Kirilova

Retail, the forgotten orphan of Bitcoin, gearing up blockchain innovations

More than a decade back, after a few influential techie types discovered “Bitcoin: A Peer to Peer Electronic Cash System”, a new form of payment vehicle rushed to the point-of-sale to revolutionize the stodgy payments industry forever. Such would not be the case due to the volatility of this digital asset, but it did become…

October 03, 2019 BY Valentina Kirilova

Bitcoin wobbles as weak manufacturing data released – a new correlation?

In some respects, we are back to old times where Bitcoin followers react to every tiny little wobbling that affects their favorite digital asset. The carnage from last week’s battle has been cleared from the battlefield, as investors regain confidence that Bitcoin might actually be on a road back to recovery. A cacophony of critical…

October 02, 2019 BY Mariela Naydenova

Former employees at JP Morgan and Intel launch the USD Digital coin

Financial institutions may not agree on when the cryptocurrency industry will mature enough and not be a threat to them, but employees may choose to launch their own currencies, nevertheless. The latest currency was created by former employees at JP Morgan, Intel and TrustToken. The cryptocurrency is actually a stablecoin pegged to the USD and…

October 02, 2019 BY Valentina Kirilova

Tom Lee on Bitcoin: Long-term potential, yes, but no to trading at this time

The dust is beginning to settle from last week’s demolishment of Bitcoin’s valuation, and the time is now right for respected analysts to speak up on its behalf, since the all-important Bitcoin narrative needs a boost at this time. One analyst, who has never shied away from speaking glowingly about Bitcoin’s prospects, has been Tom…

Category: Cryptocurrency