New data shows that XRP is more deserving of the digital gold label frequently ascribed to Bitcoin. Up until the most recent correction, Bitcoin (BTC) price was repeatedly pushing above $10,300 and attempting to reach a 2020 high above $9,500. 2020 started with a strong upward trend and altcoins followed Bitcoin’s price action, as thoroughly […]
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Indonesia’s regulators are cautiously warming to blockchain, with the country’s customs watchdog announcing the use of IBM’s TradeLens blockchain platform. IBM Indonesia has revealed that the Indonesian Directorate General of Customs and Excise has commenced using the blockchain-based shipping platform, TradeLens. The news follows several months of platform implementations, with the Indonesia Customs and Excise […]
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CBDCs are starting to gain some momentum. The country of Sweden has begun testing an e-krona, bringing it that much closer to the proper release of a central bank digital currency (CBDC). The pilot program will be in operation for one year, until February 2021. If and when the e-krona formally launches for use by […]
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Major investment bank Morgan Stanley is buying online trading firm E*Trade Financial Group, which would extend the bank’s offerings to everyday investors. Major investment bank Morgan Stanley is buying online trading firm E*Trade Financial Group, which would extend the bank’s offerings to everyday investors. The $13 billion deal marks Morgan Stanley’s largest takeover since the […]
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The Dutch Fiscal Intelligence and Investigation Service arrested two men for allegedly laundering money with cryptocurrencies. The Dutch Fiscal Intelligence and Investigation Service (FIOD) has arrested two men for allegedly laundering money with cryptocurrencies. According to a statement released by the International Revenue Service on Feb. 18, the two men were arrested on Feb. 17 […]
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An anonymous VC has argued that evidence brought forward by the SEC could reveal the firm’s proprietary investment and custody strategies. Newly published court documents reveal that an anonymous venture capital firm identified as “Investor F” sought to have evidence redacted from the first court hearing for the dispute between the United States Securities and […]
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A “head and shoulders” formation for XRP could spell significant losses, the veteran trader warns, as Bitcoin stays lower after its own 8% fall. XRP traders may be in for further losses as one trader warned that a bearish price feature was yet to complete its impact on the market. In a tweet on Feb. […]
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A lawyer for the WikiLeaks founder claims a Republican congressman dangled a pardon for denying Russian involvement in the DNC leak. A lawyer for Julian Assange spoke in court on Wednesday, claiming a former Republican congressman offered the WikiLeaks founder a presidential pardon. This clemency was to be in exchange for denying Russian involvement in […]
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The digital currency set to be released by Facebook in 2020 still has unanswered questions from the EU. Governments around the world are facing hard choices when it comes to cryptocurrency: overregulate it and risk losing the benefits to the economy, or do nothing and make themselves vulnerable to those who step up. Currently, the […]
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The financial group increased its offer to creditors’ claims on the defunct crypto exchange from 70% to 88%. Fortress Investment Group has increased its offer to purchase claims from creditors who lost money in the infamous $480 million Mt. Gox hack. The group, which aims to profit by eventually recovering the Bitcoin (BTC), upped its […]
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