Ripple, the third largest cryptocurrency project by its total market cap, confirmed that it is targeting the large Chinese market with its cross-border blockchain payment technology, CNBC reported this morning. Ripple targets China despite China’s anti-cryptocurrency reputation? Here’s why. Ripple Targets China Jeremy Light, VP of European Union Strategic accounts at Ripple, had a phone…
Yesterday, Ripple Labs scored a small victory, winning one of its many ongoing legal suits. Fast forward twenty-four hours, and the Ripple price has corrected. But why? Is XRP’s activity Wednesday linked to the Ripple lawsuit? Or is there another catalyst that’s helping the price? Suit Denied, Ripple Price Correcting: August 15, 2018 Ripple Labs has been…
LINE, the Japanese messaging giant, has today announced the launch of its token venture fund. The Token venture fund will have a capital commitment of $10 million USD via LINE’s subsidiary, Unblock Ventures. Unblock Ventures was recently established in Hong Kong in only July of this year. Token Venture Fund The publicly traded LINE made…
Zcash (ZEC) is currently 19th on the BNC market cap table, just below two other two privacy-oriented coins Monero (XMR) and Dash (DASH). The market cap currently stands at US$594 million with US$97.5 million in trading volume over the past 24 hours. ZEC is the most recent iteration of the Zerocoin protocol, developed in 2013.…
History is written by the victors, said Winston Churchill, referring to the ability of those with authority to shape public perception. But with a decentralised network, there is no single point of authority to create this uniform narrative, and through bitcoin’s short history the community has been free to think of the cryptocurrency however it…
A lot has transpired since we last covered the topic of blockchain in financial services in May 2017. At that time, the price of bitcoin (BTC) had yet to rise above $2,000 and the concept of an ICO (initial coin offering) was just emerging in the eyes of the public. Since then, BTC topped $19,000 in…
A persuasive ICO deck or pitch that addresses investor considerations is key to successfully selling your token. However, most startups spend too much time with an expert technical team building the perfect blockchain-based technology, only to find that they’re unable to develop and present a compelling ICO pitch to raise funds. Here are some of…
Cryptocurrency has become worldwide famous among the people. Many believe that investing in cryptocurrency will generate more revenue this year. Many people have internet access today, which is one of the reasons why investing in cryptocurrency is increasing day by day. Virtual Coins Virtual coins are known as a dispersing electronic form of currency that does…
Square just announced that with its Square Cash app, all users are now able to buy Bitcoin in all 50 US states. Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL — Cash App (@CashApp) August 13, 2018 Square Ahead of the Competition Square was originally…
If you were planning on using Bitcoin to retire, you might want to think again. Why? Well, because the SEC has recently warned against cryptocurrency retirement funds. Here’s why. Cryptocurrency Retirement Funds As people approach retirement, many are nervous about where they are sitting financially. For these reasons, people are turning to self-directed IRAs, which…
