Ripple, the third largest cryptocurrency by market cap, has been on a tear lately, and it has now signed a significant deal with Saudi Arabia’s central bank. Ripple Rapidly Gaining Traction Ripple continues to make inroads into the traditional financial sector. It has recently announced a massive deal with the UAE Exchange and a major partnership with Lianlian International. Additionally, Banco Santander is set to roll out Ripple payments in Q1, and just today came the news that Western Union will begin testing XRP transfers. According to reports, Saudi Arabia’s central…
Read MoreMonth: February 2018
Here’s Why You Can’t Judge a Coin by Its Market Cap
Ever heard of a coin called ucash? You should have. It’s in the world’s top 25 cryptocurrencies after all, based on market cap, placing it higher than stratis, omisego, and zcash. Making it to the hallowed heights of 21st, where ucash placed on February 12, calls for mainstream media coverage, a growing user base, and significant adoption you would think. As it turns out, ucash is an outlier – a nothing coin whose ascent is proof that you can’t judge a coin by its cap. Also read: United Bitcoin May Be…
Read MoreA Lite to Guide Us — LitePay, Lcash Helps Litecoin Lead the Crypto Recovery
Litecoin has dominated the cryptocurrency market this week. The fifth largest cryptocurrency by market cap has surged upwards of 50 percent from Tuesday morning to the time of this writing, arguably bringing the rest of the market with it. Litecoin is currently trading at $233.81, after trading as low as $153.51 earlier this week. Let There Be LitePay! The cryptocurrency’s dramatic price increase has largely been driven by the announcement that LitePay — an instantaneous payment processor allowing vendors to instantly convert Litecoin transactions into fiat currency — will launch…
Read MoreCrypto Exchanges Launch P2P Platforms from Latvia and Bulgaria
While European institutions are issuing another series of warnings about the risks and sins of dealing with bitcoin, crypto communities on the Old Continent are trying to preserve freedoms not granted by Brussels. Two exchanges from opposite corners of New Europe have announced plans to offer peer-to-peer cryptocurrency trading. Latvia-based Hodlhodl has launched its new P2P platform in beta-mode, and Bulgarian Crypto.bg is developing its own service that may replace the fiat medium with a token. Also read: Global P2P Crypto Markets Experience Record Volume Throughout December Going Global…
Read MoreBitcoin Price Battles $10,000 Resistance as Analysts Urge Caution
Bitcoin price gained 12% in the 24 hours through Thursday to approach $10,000 once again, but analysts warn of strong resistance. Big Targets And ‘Secular Bull Markets’ As Bitcoin added almost 40% in February from lows of under $6000 in some markets, Max Keiser led cautious optimism, celebrating what he called the end of “secular bull market.” “$28,000 in play,” he wrote on Twitter late Wednesday, adding that he thought Bitcoin’s “break through $10,000 will usher in a new burst of news coverage and a fresh wave of buying.” Altcoins…
Read MorePR: Fysical’s Location Data Proves Racially Diverse Crypto Crowds Are Wealthiest
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Fysical, a decentralized location data market, used location data from its 1,000 data suppliers to prove that racially diverse crypto crowds are also the wealthiest. It analyzed millions of anonymous location data points from the attendees of six major cryptocurrency and blockchain conferences to create…
Read MoreCrypto Miners Crippling Search for Alien Life
There are at least 100 billion planets in our galaxy alone, so — statistically speaking — there’s a pretty decent chance we’re not alone in the universe. Unfortunately, radio-astronomers are having a harder time discovering whether or not that’s the case, thanks in no small measure to cryptocurrency mining. We’re Not Saying It’s Miners, but … The demand for high-powered hardware by miners of cryptocurrency is crippling radio-astronomers’ search for extraterrestrial life. According to the BBC, Search for Extraterrestrial Intelligence (SETI) researchers are looking to expand their operations but can’t…
Read MoreCoinbase Develops Bitpay Competitor Supporting BTC, BCH, ETH and LTC
While its trading clients might have preferred Coinbase to focus on improving its core service, the exchange is busy now expanding into another market. Coinbase Commerce has launched to help online stores handle payments in four leading cryptocurrencies. Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether Coinbase Commerce San Francisco-based cryptocurrency exchange Coinbase has developed a new service that aims to simplify for merchants the adoption of multiple cryptocurrencies as payments for goods and services. Coinbase Commerce facilitates the acceptance of cryptocurrencies by monitoring, validating and confirming…
Read MoreBlue Trading Platform, Managed Trading Without the Worry
If last year was the big bang for cryptocurrencies, 2018 will be the same for ICOs, exchanges, and trading platforms. Finding the right one with a solid reputation, good customer support, and fair fees will be a challenge in this ever expanding market. The Blue Trading platform seems to have hit the sweet spot with a diverse team with over 40 years of experience at the helm. A crypto trading platform that accepts fiat forex trading and commodities would be something special. The Blue Trading platform, started in 2012, does…
Read MoreCrypto All Stars Brings Your Favorite Twitter Traders to the Blockchain
Blockchain based trading cards are all the rage, with one estimate placing the transaction value of ethereum games at $10 million a day. While the vast majority of these games are derivative and ephemeral, that’s not to say they can’t provide short-term entertainment. The latest addition to the Crypto Kitties stable is Crypto All Stars, which promises to bring all your “favorite Twitter shitposters” to the blockchain. Also read: People Are Paying Thousands of Dollars for Crypto Celebrities on the Blockchain Pyramid Scheme Meets Proof of Ego This week’s must-have…
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