Cryptocurrency News Ripple

Ripple Vs. PayPal Supporters Spark Debate on Twitter

Twitter community members are arguing about which international payment system is better – Ripple or PayPal. Is Ripple Slower than PayPal? The argument started with a tweet from Tony Vays, a derivatives traders and host of a crypto-related podcast and dedicated events. He indirectly criticized Ripple for being too slow by comparing it to PayPal, Read more…

Bitcoin Cryptocurrency News

IBM: Central Banks Will Launch Digital Currencies Within 5 Years

Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, according to an IBM-commissioned report, a central bank digital currency (CBDC) could be ready for consumers’ use within the next 5 years. IBM Sees Serious Future For CBDC’s The OMFIF-IBM report entitled “Retail CBDs: The Read more…

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Bitcoin Headlines to Millions in Chinese State Daily

This morning bitcoin was making the headlines in a Chinese state newspaper as the bullish momentum gathers pace in Beijing’s blockchain drive. Bitcoin On The Front Page Reports are circulating on crypto twitter that Monday’s edition of the official state-run publication of the People’s Republic of China, Xinhua, featured an article titled ‘Bitcoin: The First Read more…

Bitcoin Cryptocurrency News

Bitcoin Usage May Spike Following Cash Restrictions in Malaysia

Malaysia is set to become the latest country to impose restrictions on cash transactions. The move could force more people to look towards bitcoin and crypto adoption in general as a way of getting around such limitations. Cash Restrictions May Boost Bitcoin Adoption The Malaysian government plans to impose restrictions on cash transactions reports local Read more…

Blockchain Cryptocurrency News

After NASDAQ, will Blockchain Drive the Next Stock Market Revolution?

Paxos, which operates a cryptocurrency exchange and several stablecoins, obtained the nod of the US Securities and Exchange Commission (SEC) to run a pilot project that will leverage blockchain for the stock market, according to a statement released last week. Settling Stocks with Blockchain Last week, Paxos obtained the no-action relief letter from the SEC. Read more…

Bitcoin Cryptocurrency News

Bitcoin Price Hits $11.6K on Argentinian Crypto Exchange

Argentina’s government is imposing stricter measures to prevent access to foreign exchange reserves. As a result, Bitcoin price on one of the country’s local exchanges is currently trading at a 25 percent premium. Trading Jobs Cut Boosts Bitcoin Price Shifting politics, economic uncertainty, and stricter forex controls have led Argentine banks to eliminate trading desk Read more…

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Analysts Expect Bitcoin Price Breakout as BTC Holds in $9,000 Range

Yesterday, Bitcoin (BTC) plunged by $300 in literal minutes, falling to as low as $9,200 after consolidating in and around $9,500. There were many saying that this flash crash-esque move validated their bearish analyses, which implied that BTC would return to the $8,000s in the coming days. However, true to the volatile nature of the Read more…

Bitcoin Cryptocurrency News

Op Ed: In the Battle Between Libra and a Digital Dollar, Bitcoin Will Win

As Mark Zuckerberg testifies in Congress today, October 23, 2019, about Libra, the prevailing question is no longer if digital assets will go mainstream, but how they will do so and who will control them when they do.  In one corner is the U.S. government. Inspired by and fearing China’s progress in launching a digital Read more…