SWIFT Unlikely To Use XRP Even After Corda Trial

Ripple price cool off after yesterday’s eruption SWIFT using XRP unlikely even after Corda test phase Bull momentum building up as transactional volumes increase After impressive gains, candlestick arrangement supports XRP bulls. To that end we expect bull momentum to build up as uncertainty around SWIFT using XRP after Corda test phase mills. Ripple Price Analysis Fundamentals A level deeper and the excitement around the newfound, indirect partnership between Ripple and SWIFT through R3’s Corda Settler will subside. After a technical review, it is apparent that SWIFT GPI Link is,…

BitTorrent (BTT) Rises Sixfold As Majority of Altcoins Are Drowning

Photo: BitTorrent Inc. / Facebook BitTorrent, the company acquired by Tron, has seen great success in the public sale of its BTT Tokens. The company raised millions of dollars in a matter of minutes, despite the fact that some technical difficulties took place. The news has been published on Twitter by Tron CEO Justin Sun. Now if we look  at the time Binance began trading the digital asset, BTT has been jumping and switching between 88% and 77% value rise just over an few hours in the time of writing. As at…

Germany’s 2nd Largest Stock Exchange Boerse Stuttgart Launches Crypto Trading App

Germany’s second largest stock exchange, Boerse Stuttgart Group, has officially launched its crypto-trading app Bison, according to an official tweet today, Jan. 31. According to the app’s webpage, the software was developed by FinTech Sowa Labs — a subsidiary of Boerse Stuttgart Digital Ventures. The developers’ reported aim in making the app is to ease access to cryptocurrencies for investors that are accustomed to using traditional markets. Currently, the app enables free-of-charge trading in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Ripple (XRP). Another subsidiary of the stock exchange, Blocknox,…

Germany’s 2nd Largest Stock Exchange Boerse Stuttgart Launches Crypto Trading App

Germany’s second largest stock exchange, Boerse Stuttgart Group, has officially launched its crypto-trading app Bison, according to an official tweet today, Jan. 31. According to the app’s webpage, the software was developed by FinTech Sowa Labs — a subsidiary of Boerse Stuttgart Digital Ventures. The developers’ reported aim in making the app is to ease access to cryptocurrencies for investors that are accustomed to using traditional markets. Currently, the app enables free-of-charge trading in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Ripple (XRP). Another subsidiary of the stock exchange, Blocknox,…

Regulation D means BTC Withdrawals are Cheaper

Bitcoin price drop, yet to clear above Jan 30 highs Regulation D means Bitcoin transactions are 3,233 percent cheaper than bank withdrawals Transaction volumes low to warrant longs Even with waving prices, we are optimistic of a recovery. From the chart, it appears that bulls have a chance thanks mostly to favorable candlestick arrangement. In the long-term, BTC is bullish and sparking this demand is users realizing the cost-saving aspects behind BTC. Bitcoin Price Analysis Fundamentals Traditional financial institutions—mainly banks—prefer their customers to save rather than spend. There’s even a…

Blockchain Capital Leads Funding Round for Crypto Compliance Startup TRM

United States-based investment firm Blockchain Capital has led a seed funding round for  blockchain compliance startup TRM, a press release from the firm reveals Jan. 31. TRM announced today that it had a closed a funding round totalling $1.7 million. Tapas Capital, Green D Ventures, The MBA Fund, and “strategic angel investors” also participated in the round. According to TRM, the company is going to spend the funds on scaling its engineering talent and expanding the capabilities of its platform. Based in San Francisco, the firm has developed a so-called…

Bitcoin Hovers Under $3,450 as All Top Cryptos See Moderate Losses

Thursday, Jan. 31 — all of the top 20 cryptocurrencies are reporting moderate to heavy losses on the day by press time. Bitcoin (BTC) is hovering under $3,450 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down just 1 percent on the day, trading at around $3,449, according to CoinMarketCap. Looking at its weekly chart, the current price is lower than $3,593, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP) has lost nearly 3.4 percent in…

Fidelity Investments to Start Offering Bitcoin Custodial Services in March 2019

Fidelity Investments, a Boston-based multinational financial services corporation,  has revealed it would launch own bitcoin custodial service for institutional investors and cryptocurrency big whales in March this year, according to a Bloomberg report on January 29, 2019.   Fidelity Still Betting on Bitcoin As reported by BTCManager earlier in October 2018, Fidelity Investments, a multinational financial services corporation with $7.2 trillion in assets under management, announced plans to start offering clients bitcoin custodial services. Now, per sources close to the matter, the financial services giant has made it clear it would…

Tokenized Bitcoins Running on the Ethereum Network are Now a Reality Thanks to Wrapped Bitcoin (WBTC)

After a short waiting period, on Jan 30, 2019, the Wrapped Bitcoin (WBTC) project was successfully launched. Announced in October 2018, the joint initiative promoted by Bitgo, Kyber Network and Republic Protocol (now Ren) aims to create a token that runs on the Ethereum network and is backed 1:1 by Bitcoins. The project developers claim that such a token is necessary because most of the trading volume takes place in centralized Exchanges with Bitcoin as base currency; but WBTC aims to change that, standardizing Bitcoin to the ERC20 format, thus…

Russian Startup Develops Blockchain Solution for the Diamond Industry

Russian Startup Develops Blockchain Solution for the Diamond Industry January 31, 2019 by Vladimir Litvinov A Russian startup backed by the country’s education and science ministry has come up with a blockchain-based technology for tracing diamonds’ production and supply chain. According to local news reports, it is also planning a diamond-backed stablecoin. Also read: Know When to Fold Them DApps–Ethereum Cedes Ground to EOS, TRON Due to Gambler Migration Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Blockchain-Tracking the Supply Chain According to the ministry, the…