Day: December 26, 2020

Bitstamp Suspends XRP Trading and Deposits for US Customers, XRP Price Tanks

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XRP price has crashed another 16% after the Bitstamp announcement as it slips below $0.30 today. While some of the Ripple partners have started distancing themselves from the company, a few XRP fans continue to offer strong support. After the US Securities and Exchange Commission (SEC) sued Ripple earlier this week, Ripple partners have started weighing their association with the blockchain startup. In an update on Friday, December 25, crypto exchange Bitstamp announced that it is suspending all XRP trading and deposits. However, this is only limited to US customers.…

2021 price outlook: BTC, ETH, XRP, LTC, BCH, LINK, ADA, BNB, DOT, XLM

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Bitcoin price remains in a strong uptrend and this presents a rosy outlook for BTC and many altcoins. The year 2020 was a forgettable one for many reasons including lockdowns and economic restrictions. The shutdowns resulted in the worst economic crisis seen in decades. At the same time, most governments and central banks have responded with unprecedented fiscal stimulus and monetary expansion measures to revive their economies. Therefore, institutional investors who are wary of potential inflation — and possibly even hyperinflation — as a result, are scrambling to hedge their…

Amid inflation woes, Turkey announces CBDC tests planned for 2021

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As the country struggles with soaring consumer prices and an inflation rate in the double digits, in an announcement to members of Turkey’s Parliament central bank governor Naci Agbal revealed that “conceptual” research had been completed on a Turkish central bank digital currency (CBDC), and that practical tests for such a currency would begin in the latter half of 2021. “There is an R&D project initiated on digital money,” said Agbal, according to two local outlets. “Currently the conceptual phase of this project has been completed. We aim to start…

🎙️XRP News: Lights Went Out For Bitcoin Miners In China|XRP Will Consume The FX Markets|#176

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Bitcoin Market Analysis

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io FREE BLOCKCHAIN PROGRAMMING TRAINING: GET BSI INDICATOR: ✅ WATCH LIVE … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Roundup of crypto hacks, exploits and heists in 2020

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Unlike in previous years, crypto news in 2020 has not been dominated by major exchange hacks and million dollar Bitcoin thefts. However, there have still been quite a few and most of them have originated from the nascent decentralized finance sector. DeFi has been one of the main drivers of crypto market momentum in 2020 and it stands to reason that the emerging financial landscape has been a magnet for scammers and hackers. Largely unaudited smart contracts coupled with cloned code have been a recipe for vulnerabilities and exploits, often…

Top 10 tweets of the year

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Yes, yes, I know: You’re an excellent Twatter, and omitting from this list your one zinger that got 50 likes borders malfeasance. Likewise, this reporter is a negligent compiler of listicles for overlooking some spicy day where your favorite trader-nee-influencer colorfully described Brad Garlinghouse’s anatomy.  If it’s any consolation, please know that I hate the hellsite just as much as you do. The year was terrible for almost all of the planet, and even though crypto enjoyed a strong secular bull market, everyone still managed to come together, rise above…

Bitcoin (BTC) Breaks the $25k Price Ceiling, $26k & $27k Could be Next

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Summary: Bitcoin has set all-time highs on two consecutive days Bitcoin’s most recent all-time high is $25,035 –  Binance rate The King of Crypto shows no signs of slowing down with $26k and $27k in sights 2021 will be a year of Bitcoin continually setting all-time high values as it meets the numerous price predictions  Bitcoin provided the perfect Christmas present yesterday, December 25th, by posting a new all-time high value of $24,684 – Binance rate. Before the euphoria had settled, The King of Crypto did it once again today,…