Revolut warned users that their XRP funds could be stuck “in a worst-case scenario.” Revolut, a crypto-friendly trading app, is reportedly issuing a strong warning to its customers regarding buying and selling XRP. According to news outlet The Irish Times, the fintech firm recently sent out a notice to its customers saying it was still…
Read more
According to the Galaxy Digital CEO, institutions have a greater opportunity to buy Bitcoin currently in circulation, driving up the price. Galaxy Digital founder and CEO Mike Novogratz believes institutional investors are helping drive the current Bitcoin bull run. In an interview with BBC World News today, Novogratz said governments around world printing money and…
Read more
Satoshi Nakamoto mined the first Bitcoin block 12 years ago today. Since Satoshi Nakamoto mined the first Bitcon block on Jan. 3, 2009, the crypto asset has led to substantial gains for investors given its meteoric rise in the last week alone. The price of Bitcoin (BTC) reached parity with the U.S. dollar almost ten years…
Read more
“The pay disparities at Coinbase appear to be much larger than those in the tech industry as a whole,” wrote the New York Times. San Francisco-based crypto exchange Coinbase may have had a problem with paying its employees fairly based on gender and race. According to a report from The New York Times journalist Nathaniel…
Read more
“I’d be a billionaire now if I hadn’t sold the 55,000 bitcoins I mined on my laptop in 2009-2010 way too early.” Martti Malmi, one of the earliest Bitcoin developers and also known as Sirius, has explained what happened to his once massive crypto holdings since 2009. According to a Friday Twitter thread from the…
Read more
Kim Dotcom sees BCH as “great for payments” compared with BTC as “great for asset storage.” Internet entrepreneur and digital rights activist Kim Dotcom has been enthusiastically promoting Bitcoin Cash as a medium of exchange, but still remains bullish on Bitcoin. According to a tweet to his 711,700 followers today, Dotcom predicted the price of…
Read more
“There is a distinct possibility that we may see some days of 250% gains, or even more.” In a newsletter released today, the Quantum Economics founder said Bitcoin’s recent rally past $23,000 — a gain of roughly 29% in a week — didn’t necessarily mean the market was “overheating” and heading for a crash like…
Read more
“No matter how much BTC fans want to pretend that it’s a hedge against doomsday scenarios, it is not.” Mark Cuban, the billionaire who once said that bananas are a better medium of exchange than Bitcoin, has doubled down on his view that the asset is more like a collectible than a reliable financial instrument.…
Read more
The price of Bitcoin just hit a new all-time high of $21,569 — but do crypto holders who got out early have any regrets? The Bitcoin price passed $21,000 for the first time in history on Dec. 16, not long after the crypto asset broke the psychological $20,000 threshold. BTC/USD weekly chart. Source: Tradingview The…
Read more
CEO Brad Garlinghouse said O’Connor’s experience would help Ripple build “a more inclusive financial system.” Sandie O’Connor, the former chief regulatory affairs officer at banking giant JPMorgan Chase, is joining Ripple’s board of directors. According to a Ripple blog post published yesterday, O’Connor will “provide counsel on key government relations and regulatory initiatives” as part…
Read more
