Cryptocurrency payment processor BitPay has entered a partnership with Ripple’s investment arm Xpring to support payments with XRP. Major cryptocurrency payment processor BitPay has entered a partnership with Ripple’s investment arm Xpring to support payments with XRP. The development was announced in an Oct. 2 press release, revealing that now businesses can accept the third-largest…
Read more
As Bitcoin hovers in the $8,000 range, crypto analysts Ledger Status, Tone Vays and Crypto Cred provide insights on BTC’s$1,700 price drop. As Bitcoin’s (BTC) price floats in the waters of uncertainty in the low $8,000 range, one might wonder how crypto’s largest asset found itself at the bottom of a steep drop after its…
Read more
Though crypto transfers are immutable, offline cryptocurrency transactions may be the key to total censorship resistance for blockchain. Earlier in September, Cointelegraph reported that Israeli cybersecurity startup GK8 had raised $4 million to finance its offline cryptocurrency transaction solution. The company developed a cold wallet with “hot wallet functionalities” that is completely shielded from online hackers because…
Read more
Bitcoin hovers around $8,300, as the cryptocurrency markets continue to trade sideways after BTC’s fake breakout. Wednesday, Oct. 2 — After a fake breakout, where Bitcoin (BTC) jumped upwards from a seven-day low of $7,746 to $8,480 from Sept. 29–Oct. 1, BTC slowly retraced to its current price level. Cryptocurrency market daily overview. Source: Coin360 One…
Read more
After a shallow pullback, will major cryptocurrencies extend their decline? Let’s study the charts. Manuel Andersch, senior FX analyst at the Bayerische Landesbank has published a report, which suggests that the “forthcoming halving effect has hardly been priced into the current Bitcoin (BTC) price.” Using a stock-to-flow ratio metric, the report projects a target price…
Read more
Leading Japanese financial firms like Monex Group and SBI Securities are forming a regulatory body for security token offerings. Leading Japanese companies are forming a regulatory association for security token offerings (STO). On Sept. 30, the Nikkei Asian Review reported that firms such as SBI Securities, Nomura Securities, Monex Group and Daiwa Securities Group are…
Read more
The credit rating arm of financial services firm Morningstar is developing a blockchain platform for debt securities. The credit rating arm of financial services giant Morningstar is developing a blockchain platform for the $117 trillion debt securities industry. Morningstar Credit Ratings is building an evaluation system for debt securities issued as tokens on a blockchain,…
Read more
Crypto enthusiast and U.S. presidential wannabe John McAfee explains why Bitcoin should hit $1 million in 2020. Major Bitcoin (BTC) bull, programmer and 2020 United States presidential campaigner John McAfee remains adamant that the world’s largest cryptocurrency will hit $1 million in 2020. “I said $1 million and I’m sticking to one” McAfee, known for…
Read more
While crypto was initially built off the principle of decentralization, nowadays that may not always be the case. Cryptocurrencies are based on decentralized technologies, but there is a big difference in terms of what they are, how they are used, and what it means for the projects — and now, governments — that are engaging…
Read more
Stablecoins backed by precious metals — here’s how to choose which one to invest in and why they are stable. Cryptocurrencies are constantly subject to exchange rate fluctuations and are characterized by high price volatility. For making crypto money more useful and more stable, a special type was created: stablecoins. Related: Stablecoins, Explained Stablecoin is…
Read more
