Month: February 2019

Ripple (XRP) Volumes More than Doubled in Feb, Prices in Range Mode

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Ripple (XRP) prices in range mode Miguel Vias of XRP Market put to an end bribing rumors Transactional volumes in an uptrend Although it is overwhelmingly bullish that CoinBase Pro now supports XRP trading pairs, bribing rumors is a stain. Miguel Vias of XRP Markets took to twitter stating that the listing was an independent CoinBase decision. All the same, Ripple (XRP) is in consolidation above 30 cents. Ripple Price Analysis Fundamentals Now that XRP is available for trading at CoinBase Pro, the army should be jubilant. However, that is…

Platform Allows Users to Access Numerous Exchanges Via One Trading Terminal

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A startup based in Kyiv, Ukraine says its trading terminal Superorder, which is powered by automation features, can aggregate crypto trades across multiple exchanges, allowing investors to centralise their trading activities. Superorder: Redefining trading terminals According to the developers, Superorder is a “next generation trading terminal,” which provides users with centralized trading on any exchange from a single place. The platform is still in its infancy, but the team say it has the ability to bring enhanced speed and convenience to crypto traders who use several exchanges. Launched in 2018,…

Facebook Reportedly Shopping ‘Facebook Coin’ to Crypto Exchanges

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Facebook is “hoping to succeed where Bitcoin failed” with its highly secretive cryptocurrency project, a New York Times (NYT) article published today, Feb. 28, argues. Citing multiple anonymous sources who spoke on the condition of anonymity, the Times pieces together the alleged contours of the project, which will reportedly aim to integrate cryptocurrency payments into its messaging services. Notably, Facebook plans to rehaul its messaging infrastructure and integrate its three wholly-owned apps — WhatsApp, Messenger and Instagram — under one canopy. As the Times notes, this would provide a future…

Will Bitcoin (BTC) Collapse Because of Feb 24 Sell Off?

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Bitcoin prices in range mode LocalCoinSwap launches a service allowing buying or selling of crypto without KYC Transactional volumes shrink to 15k in the last four days. Fiat—crypto on-ramps are indispensable liquidity doors. Enthusiasts and investors now have an option to buy or sell crypto without KYC. All the same, it is until prices race above $4,500 is when we expect prices to rally towards $6,000. Bitcoin Price Analysis Fundamentals In a largely unregulated environment, regulators are demanding compliance from platforms facilitating fiat to crypto or crypto to fiat conversions.…

Square’s Surging Bitcoin Business Will Restore Confidence in Crypto

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Square, the $31 billion payments giant, processed over $166 million in Bitcoin purchases throughout 2018. Square Bitcoin Revenue Eclipses $50 Million in Q4 According to the firm’s Q4 shareholder letter, Square processed the sale of $52.4 million in Bitcoin in the fourth quarter of last year, up nearly two-fold from its previous quarter. The relatively high Bitcoin sales figure from Square follows an annual report released by Grayscale, a subsidiary of Digital Currency Group, which revealed that $359.5 million was poured into Grayscale’s crypto investment products by accredited investors during…

Square’s Surging Bitcoin Business Will Restore Confidence in Crypto

boss

Square, the $31 billion payments giant, processed over $166 million in Bitcoin purchases throughout 2018. Square Bitcoin Revenue Eclipses $50 Million in Q4 According to the firm’s Q4 shareholder letter, Square processed the sale of $52.4 million in Bitcoin in the fourth quarter of last year, up nearly two-fold from its previous quarter. The relatively high Bitcoin sales figure from Square follows an annual report released by Grayscale, a subsidiary of Digital Currency Group, which revealed that $359.5 million was poured into Grayscale’s crypto investment products by accredited investors during…

South Africa’s Standard Bank to Launch Permissioned Blockchain for Overseas Exchange Services

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South Africa’s Standard Bank will soon launch its private permissioned blockchain for overseas exchange trades on behalf of corporate clients, fintech news outlet FinExtra reports Thursday, Feb. 28. The platform, which is set to go live in the second half of 2019, is based on the Hyperledger Fabric — a foundation for developing applications or solutions for enterprise with a modular architecture. The South African bank is also planning to connect its foreign currency trading app, Shyft, to the blockchain platform. The blockchain-driven system is expected to speed up the…

Crypto Brokerage Firm Voyager From Uber’s Former CTO Acquires Wallet Startup Ethos

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Voyager Digital, a crypto brokerage firm co-founded by a former CTO of Uber, is acquiring crypto wallet startup Ethos, an announcement published by Voyager on Feb. 27 reveals. This acquisition is building on a strategic partnership between Ethos and Voyager, which was first announced in September last year. According to the announcement, the Ethos Universal Wallet software, first released in July 2018, will be integrated into Voyager’s retail and institutional businesses enabling self-custody integrated with a brokerage solution. With the acquisition, Voyager will also obtain access to Ethos Bedrock, an…

EOS Still in First, TRON Joins and Beats Ethereum to Second

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China’s state-backed tech workgroup has released its tenth crypto rankings report, placing Bitcoin (BTC) in 13th, while EOS (EOS) keeps its top spot. The monthly report was released by China’s Center for Information and Industry Development (CCID) on Feb. 26. Operating under China’s Ministry of Industry and Information Technology, CCID first launched its monthly crypto ratings report in May 2018, and awarded major altcoin Ethereum (ETH) the top-rated crypto position out of the original 28 coins. In its latest crypto rankings report, CCID has added a new entrant to the…

Moscow Government Plans to Use Blockchain Tech in E-Voting for Parliamentary Election

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The city council of Moscow, Russia’s capital city, has submitted a bill to use blockchain technology for an electronic voting system, major Russian news agency Tass reported on Tuesday, Feb. 26. The Moscow City Duma, a local parliament of the Russian capital city, plans to protect the process and results of electronic voting in the upcoming elections through the use of blockchain technology. The news was announced by one of the authors of the relevant bill, the deputy of ruling party United Russia Dmitry Vyatkin. Vyatkin underlined that the technology…