Trump’s TikTok Ban could see 80 million people flock to crypto, which would be great news for Bitcoin price and the entire cryptocurrency space. Yesterday saw many major altcoins rally to their yearly highs, with Ether (ETH) surging past $400, which I expected was a likely scenario in my last article two weeks ago. In…
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Ripple’s CEO said China is ahead of the United States in terms of crypto regulatory thought. Ripple CEO Brad Garlinghouse said he considers China ahead of the U.S. as both countries wade the regulatory waters of the burgeoning crypto space. As part of the Chamber of Digital Commerce’s Parallel Summit on July 17, Garlinghouse expressed…
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These are the alternative crypto assets that have outperformed the rest of the market including Bitcoin in the past week as the DeFi craze gains steam. Alternative cryptocurrencies, or altcoins, have started to record large gains across the board. Some small-cap coins have seen triple-digit percentage gains in recent weeks. But several larger-cap cryptocurrencies have…
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Japanese holdings of cryptocurrencies such as Bitcoin, XRP, and Ether all surged during the coronavirus pandemic. The Japan Virtual and Crypto Assets Exchange Association (JVCEA) — a self-regulatory organization for the crypto industry in Japan — recently published a report on Japanese holdings of major cryptocurrencies in March. 169,376 BTC was held on Japanese exchanges, up more…
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Brave has found a major partner in Japan to explore the growing Japanese market with. BitFlyer, the biggest crypto exchange in Japan in terms of trading volume, has announced a partnership with Brave, the privacy-protecting browser. According to the announcement, BitFlyer and Brave will develop “a crypto asset wallet for Brave browser users”. No further…
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Ripple and Coinbase-backed cryptocurrency exchange Bitso has topped Argentina’s crypto market in the six months after launch. Bitso, one of the biggest cryptocurrency exchanges in Latin America, has hit 1 million users prior to its upcoming launch in Brazil. Santiago Alvarado, director of cross-border payments at Bitso, discussed the latest developments in leveraging crypto for…
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Major Japanese online securities firm Monex Securities is the first Japanese firm to offer a cryptocurrency CFD. Monex Securities, a major Japanese online securities company, launched a cryptocurrency contract-for-difference service today. This marks the first time that a major online Japanese securities company has offered a crypto CFD. A CFD is a type of derivative…
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SBI invests $30 million in major crypto liquidity startup soon after revealing Japan’s first digital fund comprising 50% XRP. SBI Financial Services, a subsidiary of Japanese financial giant SBI Holdings, has bought a $30 million minority stake in British crypto liquidity startup, B2C2. The investment marks the beginning of a strategic partnership between the firms…
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As Bitcoin price continues to range sideways, the momentum may be shifting to XRP for the next big move. Bitcoin (BTC) price sidewards action of late has been a hunting ground where whales can easily liquidate misinformed traders on leverage trading platforms. Without decent swings, any asset can become boring. But let’s not forget BTC…
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According to Messari’s realized cap figures, XRP token holders paid an average of seven times the current price. Most XRP investors are “deeply in the red” according to Messari crypto analyst Ryan Watkins, using realized capitalization as the metric Watkins made the claim in a June 16 tweet saying that “XRP’s aggregate estimated cost basis…
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