Financial Industry News
What is Ripple? The name has been incredibly prominent within the cryptocurrency space, for reasons both positive and negative. In short, Ripple is a payment protocol that facilitates fast, frictionless cross-border payments with minimal fees. This technology is based on a series of servers communicating constantly, while maintaining a distributed ledger with the latest state […]
Continue ReadingThe global crypto market capital has shed another $7 billion today, as Bitcoin and the wider altcoin market continue to struggle to find support. We’re here to explain why this is happening right now. Bitcoin is the main trading pair with every other cryptocurrency or token on most major exchanges. If Bitcoin’s price rises, most […]
Continue ReadingFacebook has wrapped up almost 16 years of history. Founded in 2004 chiefly as a social network company, Facebook initially launched to connect Harvard University students together. The company’s first steps happened at a notorious historical moment, with the first iteration starting off in a Harvard dorm room. Mission: Connecting the World The company’s initial […]
Continue ReadingDespite the collapse of crypto markets in 2019, the Litecoin network still saw massive usage which brought its yearly trading volume to over $100 billion. The use of Litecoin lower in 2019 than the year before According to recent data provided by Bitinfocharts, last year saw as much as $100 billion in transactions on the […]
Continue ReadingMexico-based crypto exchange operator Isatech intends to buy the country’s presidential jet for $138 million worth of tokens and a large piece of land, among other things. Crypto Company Wants to Use its Tokens to Buy Aircraft If Isatech’s bold plan succeeds, it means the Mexico government would end up with hundreds of billions of […]
Continue ReadingIs Ripple centralized or decentralized? This question has been a widely debated ever since the company launched in 2012. Today, CTO David Schwartz has reaffirmed that the network is in fact decentralized and cannot block XRP transactions, despite what the rumors say. David Schwartz Defends Ripple on Quora Ripple CTO, David Schwartz, came to the […]
Continue ReadingRecent information reveals that Ripple spent a significant amount in 2019 to try and shape crypto and blockchain regulations in the US through lobbying. Ripple spent $170,000 on lobbying in 2019 The new year is already well underway, and yet, the crypto industry continues to struggle with the same issues as it did in years […]
Continue ReadingAbout one-third of US-based small and medium-sized enterprises (SMEs) accept cryptocurrency as a payment for their goods and services, according to a survey commissioned by American insurer Hartford Steam Boiler (HSB), a subsidiary of German Munich Re. Newer Companies Are More Crypto-Friendly HSB’s survey found that newer companies are twice as likely to accept cryptocurrency […]
Continue ReadingEthereum has had a couple of miserable years in terms of price but development on the world’s largest smart contract and dApp platform has continued. Speed and scalability are the keys for mass adoption and a solution is already being developed. Ethereum Evolution Ethereum’s infighting in 2016 and 2017 has been replaced by co-operation and […]
Continue ReadingThe crypto market will rise on new healthy dynamics in 2020, commented Thomas Lee, founder of the Fundstrat analytical company. The January price rally shows a return to more active trading with new possibilities for digital assets. Halving Not Priced In, Says Tom Lee Lee believes BTC may be in for a bigger rally, as […]
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