The most troubled major cryptoasset, XRP, rallied in the past few hours in double digits, while the most popular cryptocurrency, bitcoin (BTC), jumped above USD 37,000, helping the total crypto market capitalization surpass USD 1 trillion for the first time. At pixel time (04:51 UTC), XRP is up by 13% in the past hour alone…
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The Chinese central bank, the People’s Bank of China (PBoC) appears to have green-lighted a “hard wallet” smartphone-free pilot for its forthcoming digital yuan. Per a Tencent news report, the pilot is being conducted in the staff cafeteria of the Shanghai Jiao Tong University School of Medicine’s Shanghai-based Tongren Hospital, where it began operating yesterday.…
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There are more bad news coming for XRP, following the recent lawsuit filed against major US-based blockchain company Ripple – as yet another major exchange stops trading, an investor sues Ripple looking to force a stock redemption, and the number of addresses with XRP 1m or more has dropped sharply. However, some argue that "the…
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Source: A screenshot, Instagram/tomntomsph South Korean coffee shop chain heavyweight Tom N Toms is set to release what the South Korean media has universally called a “cryptoasset” that makes use of blockchain technology. Per multiple media reports from outlets including News1 and Chosun Ilbo, the chain, which has more than 400 branches in around 10…
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Disgruntled investors in the failed Telegram initial coin offering (ICO) say that Pavel Durov, the chat app operator’s founder, should sell his stake in the company to pay off his debt to those left out of pocket. The investors stumped up a combined total of around USD 1.7bn in the TON network and its gram…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investing news Grayscale Digital Large Cap Fund said it has removed XRP and used cash proceeds to purchase the remaining fund components: bitcoin (BTC), ethereum (ETH), litecoin (LTC), and bitcoin cash (BCH). Prior…
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Bitcoin price is holding gains above the USD 30,000 and USD 30,500 support levels. To start a fresh increase, BTC must gain momentum above the USD 32,500 resistance. It is currently (13:00 UTC) trading well above USD 31,200. Similarly, most major altcoins are trading above important uptrend supports, including ethereum, XRP, EOS, XLM, LINK, BNB,…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Legal news XRP investors have filed a petition against the US Securities and Exchange Commission (SEC) on December 29, claiming "irreparable harm and damages" that declaring XRP a security causes them. The Read…
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In the very last week of 2020, as the market was still rallying, the market sentiment climbed, but not far from where it stood a week before. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins went up from 5.43 recorded last Monday to 5.59 recorded today, as is…
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Another Russian crypto expert has warned of the dangers of the nation’s Central Bank issuing a so-called digital ruble, claiming that neither consumers nor banks are yet sold on the idea of using a digital fiat. In an interview with AB News, Viktor Dostov, the Chairman of the Russian Electronic Money and Remittance Association and…
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