Airwallex is one of just three Australian ‘unicorns,’ raising $160 million in a round led by ANZ bank and cloud software firm Salesforce. Australian fintech unicorn and RippleNet member, Airwallex, raised $160 million in a fundraising round led by the investment arms of Australian ‘big four’ bank, ANZ, and San Francisco-based cloud software company, Salesforce.…
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Most major cryptocurrencies are attempting to bounce off their immediate support levels, which is a huge positive as it suggests buying on dips. Famed investor Mike Novogratz believes that additional crypto adoption and more drastic central bank actions will benefit Bitcoin. The Galaxy Digital CEO said that hedge funds and high-net worth individuals have been…
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In an interview this week, the Morgan Creek Digital CEO revealed reservations about Ripple’s giant XRP hoard and said the majority of altcoins will go to zero. One of cryptocurrency’s biggest hedge funds says it will keep avoiding XRP and Stellar (XLM) because their supply is too centralized. In an interview with YouTube series Thinking…
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The price of Ripple’s XRP token is testing new multi-year lows as correlation with Bitcoin may be becoming inversely correlated. While Bitcoin (BTC) is currently showing weakness with the recent retracement from $7,500 to $6,900, XRP price is remaining relatively stable as the XRP/BTC pair is stabilizing. But it’s not only the price of XRP…
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The partnership between Azimo and a Thai bank aims to deliver instant remittance payments with RippleNet. Digital money transfer service, Azimo, has partnered with Siam Commercial Bank (SCB), the oldest bank in Thailand, to launch an instant cross-border payments service from Europe to Thailand through Ripple’s global payments network, RippleNet. According to an announcement on April…
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Most major cryptocurrencies have turned down from their 50-day moving averages, suggesting that bears are attempting to resume the downtrend. The number of Bitcoin whales holding at least 1,000 BTC has been rising for the past few months, according to a report by Glassnode. The report also highlights that the accumulation continued during the recent…
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Bearish traders are aggressively defending the 50-day SMA on most major cryptocurrencies but once crossed, momentum is likely to pick up. Central banks around the world have pumped up their economies with huge stimulus measures. JPMorgan Chase’s chairman and CEO, Jamie Dimon, praised the United States for taking swift action to counter the current economic…
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Cointelegraph spoke to Ripple’s University Blockchain Research Initiative to find out about Australian law school’s new blockchain course. A new blockchain course offered by the Australian National University (ANU)’s law school commenced this year with support from Ripple’s University Blockchain Research Initiative (UBRI). Cointelegraph spoke to Lauren Weymouth, the senior manager of the UBRI’s University…
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Bitcoin price continues to push higher but major cryptocurrencies should sustain above their 20-day EMA to confirm that the downtrend might be over. On April 2 the U.S. Labor Department reported that the U.S. weekly jobless claims skyrocketed to 6.6 million. In the previous week, the claims stood at 3.3 million, meaning over the past…
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Lawsuit accusing Ripple of selling XRP as an unlicensed security includes claims to hedge the possibility that it is not. An amendment to the class-action lawsuit against Ripple, filed March 25, included additional claims of false advertising and unfair competition, “under the alternative theory that XRP is not a security.” The disgruntled investors’ sixth and…
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