The current pullback has resolved the overbought state of many cryptocurrencies and after a few days of consolidation the uptrend is likely to resume. After Bitcoin (BTC) scaled above $10,000 the mood among market participants turned hugely bullish. Daily talks of the asset making new highs blanketed crypto Twitter and this bullish sentiment also rubbed…
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As the cryptocurrency world entered the year 2020, Cointelegraph takes a look at the top 10 influencers in the cryptocurrency space. Earlier this year, Ripple CEO Brad Garlinghouse responded to controversy surrounding XRP movements by saying that Ripple cannot control the price of its associated token any more than Bitcoin (BTC) whales control the price…
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MoneyGram launched a real-time remittance service, but firm’s COO told Cointelegraph its blockchain partner Ripple is not involved. Remittances giant MoneyGram announced a new service allowing real-time money sending, but the solutions of its blockchain partner Ripple are not involved. MoneyGram recently announced FastSend, a new service that allows its customers to send money in…
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Pundits believe that a merger between JP Morgan and ConsenSys is a step in the right direction for both companies and the crypto industry. According to an all-new report released earlier this week, banking giant JP Morgan is currently in the process of facilitating a merger of its in-house blockchain unit called Quorum with Ethereum-based…
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CEO Arthur Hayes appeared to describe the altcoin as a “turd” hours before traders saw the XRP price flash crash by more than half. BitMEX continues to field major criticism and even anger from traders who lost huge amounts of money in a flash crash involving altcoin XRP. The crash, which occurred at 14.00 UTC…
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A deeper correction may have to wait as many major cryptocurrencies are looking strong and their uptrend is likely to continue. Interest in Bitcoin (BTC) has surged significantly after its rally above $10,000 and if the bulls can sustain the price above this psychological level, it is likely to attract further attention. While it is…
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Bangladesh-based Bank Asia has joined Ripple’s RippleNet blockchain-based financial services network. Bangladesh-based Bank Asia has joined Ripple’s RippleNet blockchain-based financial services network. The partnership was only recently discovered after a Twitter user pointed out the Bank Asia logo in an official Ripple document on Feb. 10. Still, the partnership must be well over a month…
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Forbes recently released its top 50 fintech companies for 2020, showing six blockchain and Bitcoin companies among the listed firms. Forbes released its Fintech 50 list this week, which included six blockchain companies among the media outlet’s compilation of top financial technology companies. Carrying a “Blockchain and Bitcoin” category tag, Forbes listed Axoni, Chainalysis, Coinbase,…
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The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances. Another major financial institution has partnered with blockchain-based payments firm Ripple. The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances, according to a Feb. 11 report…
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SEC Commissioner Hester Peirce aka CryptoMom tells Cointelegraph about her hopes for her new safe harbor proposal for cryptocurrencies in decentralized networks. Commissioner Hester Peirce of the United States Securities and Exchange Commission is known for her work on the regulator’s approach to crypto, enough to have earned the moniker “CryptoMom.” On Thursday, Feb. 6,…
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