Crypto News
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Ripple Sold More than $160 Million Worth of XRP Last Quarter
Ripple Labs has unveiled their quarterly market report, and things appear positive overall. Between its two major operations, Ripple Labs and Ripple II, which caters to institutional investors and is fully licensed, the firm moved more than $160 million in ripple (XRP). Interestingly, these sales accounted for less than half a percent of the total volume […]
Bank of Canada Estimates 5% of Canadians Own Bitcoin
Data from the Bank of Canada and the Ontario Securities Commission has revealed that bitcoin adoption and general crypto awareness in Canada is growing steadily, with the percentage of Canadian poll respondents who own bitcoin rising from 2.9 percent in 2016 to 5 percent in 2017. According to a recently released report by the Bank of Canada titled “Bitcoin Awareness and […]
Beyond Crypto Friendly: Swiss Bank Helps Clients Participate in ICOs
Here’s something we don’t hear every day: a Swiss bank has opted to enable its clients to participate in initial coin offerings easily. The bank, Swissquote, has previously allowed customers to trade in cryptos. This is, to say the least, an unusual service for a fiat banking institution. Additionally, Swissquote offers traditional FOREX trading and the […]
Movers of the Day
Tokens and coins that moved the most in the last 24 hours: Top movers of the day are U Network and Quant. Since 6 pm U Network has increased by 19.56% and Quant by 18.13%. The others did not make significant moves in the evening. The tokens and coins ended the day in green – not […]
Blockchain, Ledger Release ‘First-of-Its-Kind’ Cryptocurrency Hardware Wallet
Cryptocurrency web wallet provider Blockchain has struck a deal with hardware wallet producer Ledger to manufacture a custom hardware device that will allow Blockchain users to seamlessly manage their online and offline funds through a single familiar interface. Unveiled on Thursday, the Blockchain Lockbox, is, according to an announcement, a “first-of-its-kind hardware and software” solution. Leveraging […]
Mastercard Wants to Patent a Fractional Reserve Cryptocurrency Bank
Mastercard has gone all the way through the stages of the resistance proverb — “first they ignore you, then they laugh at you, then they fight you, then you win.” Cryptocurrencies & Mastercard: A Turbulent History Like most financial companies, Mastercard never expected the blockchain, and by the time they took note of it, they were unprepared […]
Bitcoin Price Intraday Analysis: BTC/USD Slips Intrarange
The bitcoin-to-dollar exchange rate on Thursday dropped a little over 1 percent from its intraday high towards 6377-fiat. Currently, the pair is trading at 6412-fiat, up 0.54 percent from the latest low. On the US Dollar front, the DXY continues to act inverse against the bitcoin market. The correlation is too visible to evade notice. […]
Australian Stock Exchange to Roll out Blockchain Settlements in 2021
Australia’s leading market operator, ASX Limited disclosed plans being put in place to release blockchain technology for settlements in 2021. The company, however, does not feel overwhelmed by the deja-vu that has trailed the nascent technology, according to a Bloomberg report. ASX Limited has subscribed to the Clearing House Electronic Subregister System (CHESS) over the years but is now ready […]
Kenyans Pay Local Restaurant Bitcoin for Meals and Classes on Cryptocurrency
Mount Kenya provides visitors with a picturesque appeal reminiscent of the ambiance in a world of utopia. Beyond the charm and aura lies a tech-savvy Kenyan restaurant that has incorporatedcryptocurrencies for facilitating payment. Betty’s place puts its culinary skills into effective use in “nyama choma,” a tantalizing goat meat barbeque that many Kenyans savor. Situated in […]
Shark Tank’s Kevin O’Leary Invests $100,000 in Bitcoin Investing App
For several decades, banks and financial advisors have searched for ways to get those without vast resources to invest and save their money. An early example was Bank of America’s Keep the Changeprogram, which rounded up purchases and moved the change to savings accounts. The Need for Passive Investment A few years back, the Lawnmower app came to […]
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