Bitcoin (BTC) is set for a 2020 price surge that will see it go past the USD 20,000 mark, per a new report, with fees to exceed USD 100. In its annual State of Crypto report, investment company Blockchain Capital has made eleven “bold” predictions for the upcoming year. The company says we might see…
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Brad Garlinghouse. Source: a video screenshot, Youtube, Ripple Fiats will go digital in 2020, with 50% of the biggest global banks in the world set to work with digital assets, says Brad Garlinghouse, the CEO of Ripple. Garlinghouse has predicted that half of the world’s top 20 biggest banks will be actively holding and trading…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Authorities in Shenzhen, China, have cracked down on eight companies they suspect of conducting illegal crypto-related activities, including two unregistered exchanges. Despite a recent Read more »Pay/Trade/Buy Bitcoin with…
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Ripple, a San Francisco-based blockchain startup focusing on the payments technologies, announced that is raised USD 200 million in Series C funding from a group of notable investors. The funding round was led by global investment firm Tetragon, with participation from Ripple-friendly SBI Holdings and Route 66 Ventures, the announcement says. This investment, says the…
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In the past few sessions, there was a decent improvement in the crypto market sentiment as bitcoin price climbed back above USD 7,000. BTC/USD even tested the USD 7,450 and USD 7,500 resistance levels. The price is currently (09:00 UTC) consolidating above USD 7,000 and it could start a fresh increase. Likewise, most major altcoins,…
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While critics highlight volatility and price declines, BTC investors have in fact only lost money on 11% of the days the cryptocurrency has existed. Bitcoin (BTC) has beaten gold in terms of returns by such a large amount this decade that investors have firmly dismissed recent price declines. Data from monitoring resource Blockchain shows that…
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Private equity and hedge fund manager Fortress Investment Group is redoubling its efforts to buy up Bitcoin claims from Mt. Gox creditors. In the countdown to the new year, private equity and hedge fund manager Fortress Investment Group is redoubling its efforts to buy up Bitcoin (BTC) claims from Mt. Gox creditors. A Bloomberg report…
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Mark Karpeles, the former CEO of Mt. Gox. U.S. private equity and hedge fund firm Fortress Investment Group is intensifying efforts to take over creditor claims from the defunct cryptocurrency exchange Mt. Gox. Earlier this month, the New York-based company sent letters to the exchange’s creditors, offering to buy up their claims, but at 70%…
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SBI will invest an undisclosed amount in Boerse Stuttgart Digital Exchange and Boerse Stuttgart Digital Ventures to drive crypto adoption. Japanese financial services giant SBI has partnered with Germany’s second-largest stock exchange Boerse Stuttgart Group to promote the adoption of digital assets. Specifically, SBI will invest an undisclosed amount in two digital asset-focused subsidiaries of…
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Cryptocurrency exchanges have improved their security, though they’re still prone to hacking attacks. How can exchange operators handle such threats? Crypto investors have come to rely on crypto exchanges because they provide liquidity, a wide range of trading pairs and convenience. Given the great benefits offered by crypto exchanges, direct peer-to-peer transactions are still less…
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