In the past few sessions, bitcoin price saw an increase in selling pressure below USD 8,650. As a result, BTC/USD declined further and traded below the key USD 8,550 and USD 8,500 support levels. It seems like the price is likely to extend its decline towards USD 8,000 or USD 7,850 in the near term.…
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The Bank of International Settlements’s new survey revealed that only 10% of central banks are likely to issue a CBDC for the general public in the short term. A new survey from the Bank of International Settlements (BIS) revealed that only 10% of central banks are likely to issue a central bank digital currency (CBDC)…
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Ripple’s quarterly sales dropped from $251.51 million in Q2 2019 to just $13.08 million in Q4 2019 due to removal of programmatic sales. Ripple’s XRP sales continued to drop in the second half of 2019, with sales of the token reaching a historic low in Q4. According to a Jan. 22 blog post by Ripple…
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Ripple CEO Brad Garlinghouse predicts that initial public offerings will become a more common feature of the cryptocurrency and blockchain space in 2020. Ripple CEO Brad Garlinghouse predicts that initial public offerings (IPOs) will become more prevalent in the cryptocurrency and blockchain space in 2020. Speaking at the World Economic Forum in Davos yesterday, Jan.…
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Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg XRP remains unmoved as the market once again has been hit with speculations about Ripple’s initial public offering (IPO). At pixel time (08:58 UTC), XRP, ranked 3rd by market capitalization, trades at c. USD 0.22 and is down almost 4% in the past 24 hours and 6%…
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At the World Economic Forum in Davos at a digital currency-centric panel, Calibra’s David Marcus focused on the issues of the unbanked as the primary use case. At the World Economic Forum panel discussing digital currencies, the conversation topics included Central Bank Digital Currencies (CBDCs). Calibra’s David Marcus highlighted that regardless of the nature of…
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The U.S. SEC has requested that Kik Interactive Inc. provided detailed information about its operations since it released its native token, Kin. The United States Securities Exchange Commission (SEC) has requested a deposition from a representative of Kik Interactive Inc. to provide detailed information about its operations since releasing native token Kin. Kik Interactive, the…
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After a minor upward move, bitcoin price failed to gain strength above the USD 8,800 area. It seems like the USD 8,850 resistance played well, resulting in a bearish reaction in BTC/USD. There was a break below USD 8,650 and the price even spiked below USD 8,550. Similarly, most major altcoins are slowly declining after…
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Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. _________ Bitcoin continues to make its early adopters rich but how much of a risk is making an investment today? There are all kinds of factors to consider. Will governments try to ban it? Can governments successfully ban it? Will…
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According to a Facebook post by Alexander Vinnik’s lawyer, Zoe Konstantopoulou, the alleged BTC-e money launderer has successfully been extradited to France. According to a Facebook post by Alexander Vinnik’s lawyer, Zoe Konstantopoulou, the alleged BTC-e money launderer has successfully been extradited to France. Social media update In a post on the social media site…
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