The XRP community has been eagerly waiting for the Flare network airdrop scheduled for December. While the network was still awaiting support from major exchanges, Binance today announced its support for the airdrop. According to the announcement by Binance: “Binance will support the Spark (SPARK) Airdrop Program for XRP (XRP) holders. The airdrop snapshot will...Read More
The cryptocurrency market has been expanding in terms of the value of most digital assets and its overall market capitalization. As investors receive increased returns, the demand for cryptocurrencies has also been increasing throughout the world. Keeping up with this demand, Binance P2P has announced the launch of Express mode. Express mode will allow users...Read More
American television personality and host of ‘Mad Money’ on CNBC, Jim Cramer, has spoken positively about the leading cryptocurrency Bitcoin. In a recent tweet published on 24 November, Cramer, a former hedge fund manager, called Bitcoin “a great alternative” to gold. Cramer who is also the co founder of ‘The Street’ goes on to state...Read More
Cryptocurrency exchange Binance has reportedly asked some of its users in the US to transfer their holdings out of the exchange, within 14 days, and that if they did not comply, their account would be locked. Reports state the exchange has notified these users in the US via an email that read: Dear user, as...Read More
Speaking on the ‘The Pomp Podcast’ with host Anthony Pompliano, macro investor Dan Tapiero believed that roughly $15 trillion in wealth could flow into Bitcoin and gold over the next ten years. The co-founder of digital asset equity fund 10T Holdings, said that financial institutions could invest up to 10% of their portfolios in gold...Read More
Lithuania’s tax authority, the State Tax Inspectorate or STI, reportedly sold confiscated cryptocurrency worth 6.4 million euro- worth about $7.6 million- and later transferred the funds to the state budget. This would be the first time that the Lithuanian government body has sold seized cryptocurrency for fiat. Reports state that the seized crypto assets consisted...Read More
Ripple Partner, TransferGo has managed to carve a niche for its services in the United Kingdom and other countries. The company provided money transfer services including remittances and has secured £4 million from Silicon Valley Bank UK Branch [SVB]. As per reports, the funding will help in the development and expansion of the company’s real-time...Read More
XRP has found its major use in the remittance market through Ripple’s On-demand liquidity [ODL] service. The service has been able to boost financial access between countries with an underbanked population and among those was Latin America too. Bitso has been a prominent cryptocurrency exchange in Mexico and its partnership with Ripple has managed to...Read More
Hong Kong-based digital assets exchange and app, Crypto.com has today announced that the cryptocurrency platform will receive in-principle approvals for a Financial Institution License, and a Class 3 Virtual Financial Assets (VFA) License from the Malta Financial Services Authority. A Class 3 VFA License authorizes exchanges to provide “execution of orders on behalf of other...Read More
After shaking off the slow weekend, Bitcoin’s price is back above $18600. Bitcoin traded above the $18500 level for nearly 3 days before the weekend and then dropped to $18200, even lower on some spot exchanges. However, according to Entrepreneur Qiao Wang, Weekends exist for shaking off weak hands before institutions turn their algos back...Read More
It would seem that there’s no stopping Bitcoin right now. A few days after the world’s largest cryptocurrency breached the much-anticipated $18,000-mark, BTC has crossed yet another milestone – $19,000. The latest development on Bitcoin’s price charts came on the back of a 6% surge in a matter of 3 hours with its current trading...Read More
Ethereum’s Ether has now breached the $600 range across some major crypto-exchanges today. Whilst Ether dipped by 1.0% in the last hour, ETH prices hiked by over 11.6%, in a 24 hour period at the time of writing. Overall, Ethereum was up by 31.7% in the weekly timeframe. Source: ETH/USD, TradingView In recent days, ETH...Read More
Bitcoin pioneer and podcaster, Max Keiser, believed that retail investors will be left out of the bitcoin market especially as the cryptocurrency’s price “rockets to $1,000,000 per coin,” which will make it more difficult and almost impossible for people to afford Bitcoin. According to Keiser’s own estimations, since in 2024, Bitcoin’s supply would get cut...Read More
One of the most hotly debated topics in crypto of late has been the question of whether the Ethereum 2.0 Genesis event will take place successfully on 1 December. The target for Ethereum 2.0’s on-time launch is set at 524,288 ETH. As of last week, only 20% of the target had been achieved. However, at...Read More
While it may have escaped the attention of many, Bitcoin is not the only cryptocurrency rallying right now. While Bitcoin’s price stood at $18,600 at press time, the combined market capitalization of all cryptocurrencies was north of $548 billion. In fact, Bitcoin’s dominance was down from 66% to 63.2%. In fact, some altcoins like XRP,...Read More
With a collective market cap of over half a trillion, it is safe to say that almost every major digital asset in the market is impressing its bag holders at the moment. Litecoin is no different and right now, for reasons unexpected, many are somewhat on its bandwagon once again. Source: LTC/USD on Trading View...Read More
After PayPal emerged as a significant player in the Bitcoin market, after its decision to offer PayPal customers the ability to buy and sell BTC among other cryptocurrencies, the payment giant’s President and Chief Executive Dan Schulman, believed that cryptocurrencies will “play important roles” going forward. In a discussion hosted by CNBC’s ‘Squawk Box’ Dan...Read More
Bitcoin‘s recent purple patch seemed to face its first setback over the past 24-hours after Bitcoin dropped down to $17,610 from a high of $18,890 on 22 November. While the cryptocurrency’s price had recovered to climb above $18,000 at press time, the wheels, unbeknownst to everyone, might have been in motion over the previous week...Read More
Bitcoin’s recent rally has been driving up much interest in the crypto market at large, with BTC attracting several notable investors. In that regard, CEO of Ripple, Brad Garlinghouse acknowledged in a recent tweet that institutional investor interest in cryptocurrencies has been on the rise. In his tweet the CEO said: Never a dull moment...Read More
This is the final part of a three-part look at a monthly dollar-cost averaging strategy. In the first part, we discussed the idea and saw which three months gave the worst returns using this method. In the second part, we saw which months gave meh or flat returns, which also underlined the lack of volatility...Read More
Bitcoin’s discussion is no longer exclusive to developers and coders as a growing number from the general public is also backing the cryptocurrency. In recent news, the son of musician John Lennon- of the Beatles’ fame, and artist Yoko Ono’s son, Sean Ono Lennon, came out as a Bitcoin supporter. As part of a session...Read More
Circle and CEO Jeremy Allaire have been in the news a lot lately. Not only has the U.S government enlisted Circle’s help for a ‘foreign policy objective’ in Venezuela, but Circle also recently launched Yield USDC accounts for businesses. On the back of such developments, Jeremy Allaire recently expanded on the Master Plan for USDC...Read More
In a development that has taken many in the community by surprise, a blockchain bond worth $3 billion has been withdrawn from a Malaysian crypto-exchange, according to a recent report. The bond in question was arranged by a China Construction Bank Corp (CCB) unit using blockchain technology. In fact, it was reportedly withdrawn at the...Read More
At the time of writing, Bitcoin was trading at $18,092, having recovered from a dip that took it below the crucial level. If BTC does close above $18,000, it will have done so for 2 days in a row, with it being 4 days since the price first crossed $18,000 since the heyday of the...Read More
Bitcoin was trading at $18,626 with a market capitalization of $345 billion, at the time of writing, with the world’s largest cryptocurrency on the precipice of finally overtaking its ATH on the price charts. It is in light of such developments and expectations that it is interesting to note that Bitcoin is still leaving exchanges....Read More
It may be a tad too early, but ‘tis the season of fun, joy, and a Bitcoin price rally. With Bitcoin holding firm above the $18,000-mark, each passing hour is only going to clarify the difference between stacking sats and trading. In fact, institutions like Grayscale, with an AUM of over $10B, are still stacking...Read More
With the world’s largest digital asset registering YTD returns of over 145% at the time of writing, there is renewed cause for optimism in the market. In fact, many like Nic Carter have gone out of their way to stress that contrary to the bull run back in 2017, the present rally is much more...Read More
With the idea of crypto-assets gaining steam across the world, the question really is which country will be left behind. South Africa seems to be the latest country to make an effort to regulate cryptocurrencies after the FSCA, the country’s premier financial regulator, issued a declaration that stated that the country intends to treat cryptocurrencies...Read More
Bitcoin’s market has been performing exceptionally lately, with the cryptocurrency recording YTD returns of 160%, at press time. It should be noted, however, that even though the gains in the present market are more “real,” compared to 2017, the inclination from institutions in the market has mainly been driven by the high volatility in the...Read More
Yearn Finance’s governance token YFI took a massive fall on the charts as the DeFi hype died down in early September, falling from close to $40K to below $8K. However, things were quick to turn around for YFI in November, with the token able to register massive gains since, enabling it to rise by over...Read More
