Most top performers are attempting to climb back after a sharp sell-off. If they can sustain above their immediate overhead resistance levels, a bottom is likely to be confirmed. The coronavirus pandemic has only worsened this week and has engulfed almost the whole world. Several countries in Europe and the US have been the worst […]
Continue ReadingIn the wake of the coronavirus pandemic, a number of blockchain firms have stepped up their global relief efforts. With cases of the deadly coronavirus still popping up at an unprecedented rate around the world, many prominent members of the blockchain and crypto industries have heeded the global cry for help and have swiftly engaged […]
Continue ReadingMarubeni unveiled blockchain steel pipe tracing tests, multiple exchanges added leverage trading, and more headlined news from Japan this past week. This week’s headlines from Japan included Bitbank adding smartphone compatibility for identity verification, Fobi Japan announcing leverage trading, Coincheck announcing order limits, Rakuten Wallet announcing margin trading, and product trading company Marubeni testing blockchain […]
Continue Reading
Data suggests major altcoins are finding it hard to maintain a strong presence on Twitter amid the market downturn. Major altcoins have seen their Twitter presence greatly reduced in the wake of the recent cryptocurrency market crash. According to data from Bitinfocharts, major altcoins such as Ethereum, Litecoin, and XRP now find their Twitter mentions […]
Continue Reading
The Monetary Authority of Singapore exempted a number of crypto payment services from holding a financial license under the Payment Services Act. While Singapore recently adopted specific cryptocurrency legislation — the Payment Services Act (PSA) — in January 2020, it turns out that some crypto firms like Ripple, Coinbase and Binance have been exempt from […]
Continue Reading
An amended class-action lawsuit accuses Ripple’s CEO of representing himself as bullish on XRP online while simultaneously liquidating his personal holdings. There is new movement in a class-action lawsuit originally filed in May 2018, centered around allegations that Ripple violated the Securities Act through a 2013 initial coin offering (ICO) of the XRP token. On […]
Continue Reading
Ripple will allocate funds to non-profit organizations in favor of fighting the coronavirus pandemic. Ripple Labs announced a donation of $200,000 to two different non-profit organizations on March 25. These donations will aid in the fight to contain the spread of the coronavirus throughout the U.S. In a tweet published on Ripple’s official profile, the lab […]
Continue Reading
Cryptocurrency is an alternative to sovereign currencies that are issued by state governments, but national digital currencies are not so far away from being launched. Over 30 years ago, in a January 1988 cover story emblazoned with a phoenix hovering over a paper-money inferno, The Economist offered this semi-prophetic vision of currency: “Thirty years from […]
Continue Reading
A CoinTracker report has found San Francisco to be America’s top crypto city — housing both the highest density of crypto investors and the highest concentration of crypto capital in the U.S. Crypto taxation tool CoinTracker has released a report comparing the prevalence of cryptocurrency ownership across major cities in the United States. The report […]
Continue Reading
Janet Jackson’s billionaire ex husband, Wissam Al Mana, has demanded that Facebook reveal who placed scam crypto ads on the platform using his image. Janet Jackson’s billionaire ex husband, Wissam Al Mana, has demanded that Facebook reveal who was behind ads on the platform that used his image to promote a crypto scam. The case […]
Continue Reading