XRP price rallied 91% in the past month and data shows these three fundamental factors may be behind the break above the current multi-year range. In the past month, the price of XRP rallied 91% as the digital asset at last found some spark and is now playing catch up with Bitcoin (BTC) and Ether (ETH). […]
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If you are in Bitcoin for the long haul, there is a reasonable path to $500,000 within the next decade. Back in June, I wrote that Wall Street remaining on the sidelines is not necessarily bad for our industry. While most traditional investors are still observing, Bitcoin’s (BTC) mainstream momentum has been building over the […]
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Despite Bitcoin rallying to post a new all-time high for market cap, the milestone appears to have failed to attract the attention of the mainstream media and general public. The latest leg of Bitcoin’s (BTC) recent rally saw its market cap push above $330 billion for the first time ever as prices rallied above $17,750 […]
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Bitcoin has resumed its journey toward a new all-time high and the renewed bullish momentum is pulling altcoin prices higher. As Bitcoin (BTC) continues to rally to a new 2020 high above $16,700, traders are pondering whether this is the start of a new bull market. Mike McGlone, a senior commodities strategist at Bloomberg Intelligence, […]
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Token reward airdrops hope to “nudge” car users into more sustainable behaviors. Artificial intelligence specialists Fetch.ai, and blockchain solutions provider Datarella have announced the launch of a “Smart City” infrastructure trial in Munich, Germany, on Nov. 12. The trial will be centered around the Connex Buildings business center in the city and will use a multi-agent […]
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The financial center in one of Dubai’s free-trade zones acts as an independent regulator with its own judicial system According to a Nov. 7 announcement, Ripple has established a regional office in the Dubai International Financial Centre, or DIFC. The blockchain-based payments firm reportedly chose the location for its “innovative regulations.” The DIFC website states […]
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Paxos CEO Charles Cascarilla sees a bright future for tokenized assets — possibly through PayPal In a panel last week for the London Bullion Market Association, Paxos founder and CEO Charles Cascarilla discussed the growth of Paxos’ gold-backed ERC-20 token, PAXG, and the future of asset tokenization more generally — a future that could well […]
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A recent license amendment from the CFTC greenlit ErisX’s expansion into trading product offerings on other commodities. The Commodity Futures Trading Commission, or CFTC, recently approved a license modification for ErisX’s clearing house. The license amendment allows ErisX freedom to offer more trading products. “The significance of the Amended Order is that it expands our licensed […]
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As NFTs gain traction, here are some of the top marketplaces for finding NFTs, as well as the future outlook of this industry. Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the gaming and blockchain world are already experimenting with […]
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Tax season is confusing, especially when it comes to crypto. Wendy Walker, solution principal at the tax compliance company Sovos, described reporting as the most important aspect of tax filing that people in the blockchain industry should know about. “Even if you don’t owe income taxes, you still have to report details of the transactions,” […]
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