The Reserve Bank of India (RBI) entered uncharted waters by dealing a ban on cryptocurrencies which has caused outrage and confusion among the crypto investment community in India. This ban applies to all transactions related to cryptocurrencies such as Bitcoin and the embargo effects the transfer of money form designated bank accounts to cryptocurrency wallets.…
It’s a good day for the crypto markets. In fact, all of the top ten coins by market capitalization listed on CoinMarketCap are seeing green. Coins on this list include Ethereum (ETH), Stellar (XLM), and NEO. Bitcoin (BTC), of course, is on this list, currently up 3.03% in the past twenty-four hours. However, that’s not…
After a good week on the crypto market, Ripple (XRP), EOS, and IOTA (MIOTA) are ending the week on a high. Here’s what’s happening with these coins. Ripple (XRP) Ripple is currently selling for $0.862494, which puts the coin up 16.12% in the past 24 hours. Source: CoinMarketCapXRP has grown by 26% in the past…
The cryptocurrency market, as a whole, is on an uptrend and is nearing the $400 billion mark. Bitcoin Cash(BCH), Litecoin(LTC), & Cardano(ADA) are all seeing significant gains, today we’ll take a look at their latest updates. Source: CoinMarketCap As you can see from the chart above, investor confidence is growing around the cryptocurrency market. There…
Members of the European Parliament decided to vote in favour of tighter crypto AML regulations. These anti-money laundering reforms will include closer regulation for cryptocurrencies. 574 members voted in favour of this, with only 13 votes against and 60 abstentions, according to an EUP press release. The press release stated that this is the fifth…
According to the prominent Czech-Canadian energy scientist Vaclav Smil as a species we have gone through three ‘energy revolutions’: the first was the discovery of thermal or fire by harnessing the sun’s energy to burn wood and plants. The second was the transition to farming which allowed us to store the sun’s energy in food…
Cryptocurrency regulations have been a hot topic in recent months. Lawmakers’ opinions have ranged from banning crypto assets altogether — claiming they pose a risk to the global financial system — to leaving this new market entirely unregulated. Earlier this week, International Monetary Fund (IMF) chief Christine Lagarde contributed to the discussion by suggesting an…
Savedroid has been a promising ICO since its inception. Founded in 2015, the project sought to develop algorithms based on artificial intelligence that would allow users to manage their expenses more efficiently through a carefully designed savings and investment system. The project was so successful that in 2017 won the Fintech of The Year award,…
This morning via a press release, IBM announced that Batavia passed its first live pilot transactions. Batavia is a blockchain-based trade finance platform that was developed by a group of banks around the world and IBM. These banks include Bank of Montreal (BMO), United Bank of Switzerland (UBS), CaixaBank, Erste Group, and Commerzbank. Batavia incorporates the…
The cryptocurrency market is mostly in the green today, as it’s currently nearing its month-long high. Today, we’re looking at three coins that continue to surge: Ripple(XRP), Tron(TRX), and VeChain. Source: CoinMarketCap All but five coins on the top 100 are seeing losses this morning, which is great news. There isn’t any major breaking news…
