Day: December 23, 2020

XRP price falls 24% in 24 hours as exchanges begin delisting

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XRP price fell 41% on Binance over the past three days as news of the lawsuit by the U.S. Securities and Exchange Commission (SEC)’s against Ripple became apparent. As a result, several small exchanges have already halted XRP trading. So far, three small exchanges, namely OSL, Beaxy and CrossTower have either temporarily stopped trading or removed XRP. The daily XRP price chart (Coinbase). Source: TradingView.com More exchanges may delist XRP According to prominent lawyers in the cryptocurrency industry, exchanges that list XRP are at risk of XRP is deemed a security. Hailey Lennon,…

Riot Blockchain Stock Up 32%, Company Buys 15,000 S19 Pro Antminers from Bitmain

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The deployment for the newly purchased Antimers will start in May 2021. Riot Blockchain said that this purchase will help it attain a 65% jump in Bitcoin mining hash rate to over 3.8 EH/s.  On Monday, December 21, Riot Blockchain Inc (NASDAQ: RIOT) announced the purchase of additional 15,000 Bitcoin mining machines from Bitmain. The latest purchase comes as Riot aims to accelerate its Bitcoin mining hash rate growth. Riot notes that the recent purchase will help it attain a 65% jump in mining hash rate to over 3.8 EH/s.…

Indian Cryptocurrency Exchange News – ZebPay, CoinDCX, Bitex | Trezor Bitcoin Cash Hard Fork | HINDI

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #zebpay #coindcx #bitcoincash ZebPay to launch India’s first non-fungible crypto token and marketplace | UAE Digital Currency Exchange Major Bitex Enters India | CoinDCX Set to Introduce User-Friendly Staking on ETH 2.0 | Trezor Crypto Wallet Will Not Support Bitcoin Cash Split ⏰TIME STAMPS 00:45 – Market Update 2:24 – ZebPay to launch India’s first non-fungible crypto token 4:55 – UAE Digital Currency Exchange Bitex Enters in India 6:31 – CoinDCX Set to Introduce User-Friendly Staking on ETH 2.0 9:33 – Trezor…

Notorious crypto figures arrested in 2020

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Over the past year, many prominent and colorful crypto personalities have been apprehended and arrested. From the jailing of antivirus pioneer John McAfee to the laying of charges against executives from one of the world’s largest exchanges, 2020 didn’t exactly shake off crypto’s reputation as a honeypot for criminals. Over the first ten months of 2020, blockchain forensics company CipherTrace estimates that losses from thefts, hacks, and frauds totalled a whopping $1.8 billion, a figure fueled in part by the rise of various DeFi platforms. The report suggests that 2020…

How DeFi can lower costs for everyone

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Decentralized finance (DeFi) is often characterized as a movement that could unseat traditional banks once and for all — eliminating intermediaries and giving consumers levels of freedom and choice that they’re probably unaccustomed to. But there’s an alternative narrative, one that doesn’t pit DeFi against the banks. What if these innovative protocols could help provide desperately needed modernization to old-fashioned financial institutions… enabling them to deliver better levels of service in a much more cost-efficient way? Even before digital assets burst onto the scene, many banks were struggling to adapt…

Ripple CEO Garlinghouse responds to SEC complaint against XRP

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Ripple CEO Brad Garlinghouse has responded to the latest regulatory complaint against XRP, assuring shareholders that the company will prove their case in the court. In a Dec. 22 blog post, Garlinghouse argued that the legal action against the XRP cryptocurrency brought by the United States Securities and Exchange Commission is an “assault on crypto at large.” The executive is confident that the regulatory action will have a “snowball effect” on the industry as a whole, potentially affecting major players like Coinbase and all other cryptocurrencies, not just Bitcoin (BTC)…

MASSIVE BITCOIN MOVE COULD BE SOON! Crypto BTC TA price prediction, analysis, news, trading, charts

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io IMPORTANT BITCOIN AREAS TO WATCH,THIS AREA IS CRUCIAL, MUST WATCH, Keep you eyes on these areas major trade opportunities coming! Don’t forget to SUBSCRIBE, LIKE, COMMENT and SHARE for Daily Updates on BTC! Thanks for the support!! 👉 My Wife’s CRYPTO MERCH page: 👈 👇AFFILIATE LINKS👇 🔥 PRIME XBT exchange 🔥 (Recieve a 50% bonus added to your deposit by using promo code Savy50 and use promo Savy25 for 25% off of trading fees for 1 month! ) Trade BTC, Forex, Gold,…

the 5 biggest blockchain and crypto stories of 2020

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As you enjoy these waning days of 2020, Forkast.News would like to take you back to the top stories we covered over the past 12 months — the biggest stories and hottest trends that dominated our headlines — and count them down for you. Happy holidays to one and all, from our Forkast.News family to yours. 1. DeFi goes wild The total value locked into DeFi protocols has exceeded US$15 billion according to DeFi Pulse. Image: Pixabay According to DeFi Pulse data, US$675.59 million was locked into DeFi on Jan. 1,…

Riot Blockchain Buys 15,000 Antminers, Operation Will Command 37,640 Bitcoin Miners

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Publicly listed firm Riot Blockchain has announced the company is purchasing 15,000 S19 Pro and S19j Pro Antminer mining rigs from Bitmain. According to the company, the new shipment of next-generation miners will increase the operation’s hashrate to 3.8 exahash per second (EH/s). Following the announcement from Core Scientific this week purchasing over 58,000 Antminer series ASIC bitcoin miners from Bitmain, Riot Blockchain, Inc. (NASDAQ: RIOT) revealed it has purchased 15,000 new miners. The company says that it will obtain approximately 3,000 S19 Pro Antminers (110TH/s) and 12,000 S19j Pro…

Ripple (XRP) Tumbles 25%, Why 100-day SMA Holds The Key

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Ripple started a major decline below the $0.4200 and $0.4000 support levels against the US Dollar. XRP price is gaining momentum, but approaching the key 100-day simple moving average and $0.3200. Ripple started a strong decline from well above $0.5000 against the US dollar after SEC’s threat. The price is now trading well below $0.4000, and approaching the 100-day simple moving average. There was a break below a major declining channel with support near $0.4000 on the daily chart of the XRP/USD pair (data source from Kraken). The pair is…