Tag: Altcoin News

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Argentinian Provinces Mull Stablecoin-powered Answer to Financial Mess

More Argentinian provincial governors are considering the issuance of locally issued digital tokens or stablecoins. As previously reported on Cryptonews.com, Josefina Canale, the provincial deputy of Mendoza, in the northern-central part of the country, has already gone public this week with claims that she is “studying” stablecoin proposals. But per La  Read more »Pay, Trade,…
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Binance Halts Trading Again Amidst Users’ Growing Frustration

Source: Instagram, Binance Major cryptocurrency exchange Binance has run into some issues again, second time in less than a month. Binance CEO Changpeng Zhao has tweeted to the exchange’s users that trading has been paused "due to a message broker issue," assuring them that this is a system issue, not related to funds. "Funds are…
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XRP Trades Lower While Ripple CEO Slams Bitcoin and Ethereum

XRP, the token associated with the California-based fintech firm Ripple, is down 1% today, while other major coins dropped 1%-4% today, despite good news from India. At pixel time (13:00 UTC), XRP trades at c. USD 0.233 and is also down 4.9% in a week, increasing its monthly losses to 7.5%. The price is down…
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Facebook’s Libra Could Become a Multi-coin Payments Network

Facebook’s Libra project could turn into a network that accepts a wide range of coins, including central banks-issued digital fiats. Despite previously released plans to develop its own digital currency, the social media giant and its Libra Association partners are now reportedly considering turning the initiative into a payments network – perhaps allowing the project…
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Devs, Dapps Leave Steem Ecosystem Due to Justin Sun Prompted Backlash

Justin Sun. Source: a video screenshot, Youtube, Tron Foundation A major backlash between new Steem (STEEM) investors and its community forced some of the developers to resign while some Steem dapps (decentralized apps) are being removed in a sign of protest. Meanwhile, the market seems to be unmoved by the conflict as STEEM price is…
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Well Functioning Government Might Make Private Cryptos Obsolete – IMF Official

Source: iStock/Bet_Noire If a sovereign government can maintain its creditworthiness and a central bank can guarantee effectiveness of its monetary policy, “it’s hard to imagine private digital currencies being used widely both within China and abroad,” according to Dong He, Deputy Director of the Monetary and Capital Markets Department of the International Monetary Fund (IMF).…
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Crypto Market Sentiment Keeps Tumbling

After reaching the highest score of 6.23 two weeks ago, the combined moving average 7-day market sentiment for the top 10 coins by market capitalization is still dropping, falling from 5.63 last week to 4.84/10 this week, according to Omenics, a crypto market sentiment analysis service. Once again, the drop in market sentiment is visible…
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Crypto Listing & Delisting Announcements: Week 9

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Binance Listings: COTI (COTI) Added new trading pairs:  Read more »Pay, Trade, Buy…
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Ripple Would Be Unprofitable Without XRP Sales, CEO Admits

Brad Garlinghouse. California-based fintech company Ripple would not have been where it is today without the monthly selling from its massive holding of XRP tokens, an admission from its CEO suggests. In an interview with the Financial Times published on Friday, Ripple’s CEO Brad Garlinghouse was pressed on Ripple’s financial situation and revenue sources, but…
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Ripple Friendly SBI Chief in Talks About Launching an STO Exchange

Yoshitaka Kitao. The CEO of SBI, one of Japan’s biggest financial companies, has spoken of his intention to co-launch a securities token offering (STO) exchange platform within the current financial year. Per newspaper Jiji, SBI Holdings chief Yoshitaka Kitao, who is also a long-term Ripple partner and a member of the latter’s board, has been…
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