Tag: XRP

The three largest cryptocurrencies by market cap experienced a turmoil of sorts this week as the long-held stability was broken and prices plunged across the board. BTC/USD Bitcoin lost $100 of its value on November 8, erasing all the gains from the previous two days and closed the day at $6,474. The $6,600 level proved to be out of scope…

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After the U.S. government forced Swift to cut ties with more than 70 banks in Iran, Brad Garlinghouse, the CEO of Ripple Labs Inc., said that his company was gaining new customers because financial firms are seeking technology that is better, faster, and more stable than the Swift banking network, Bloomberg reported on November 13, 2018. Ripple CEO Addresses Rumors…

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Bithumb, one of the biggest cryptocurrency exchanges in South East Asia and Korea in particular, has announced a ‘Super Airdrop Festival’ that any registered trader can participate in. In a Twitter post published November 12, 2018, the company said that the highlight of the event is a giveaway involving 15 BTC. This will be given to a random Bithumb member…

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A rumor on the Internet about RippleNet integrating with the SWIFT Network gained traction, driving up the price of Ripple’s token (XRP) to $0.55 on November 6, 2018. According to a PYMNT’s article published on November 7, 2018, the rumor was quickly denied by a SWIFT spokesperson who mentioned that SWIFT’s technical update is entirely unrelated to Ripple. SWIFT Denies…

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Bitcoin managed to close above the $6,400 level on November 1, 2018, with a 40$ gain for the day. The BTC-USD pair extended its winning streak on the next day, November 2 and moved from $6,407 to $6,427. BTC-USD The notorious stablecoin Tether announced that it is now partnering with Deltec Bank & Trust, a banking institution based in the…

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This week the community celebrates the tenth anniversary of the creation of Bitcoin. Satoshi Nakamoto first introduced the digital currency on Halloween 2008 with the release of a short paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”Ten years later, the leading cryptocurrency has played a key role in the blockchain “revolution” and now stands on top of an industry valued…

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In a report published October 25, 2018, police in New South Wales announced the arrest of a woman responsible for stealing more than $450,000 worth of XRP. Theft Details The woman was caught after the assembly of a new task force called Strike Force Rostrevor that was established in January to investigate the sudden loss of the victims Ripple tokens….

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BTC dropped $120 of its value and closed the trading day on October 18 at $6,615. The loss constituted its most significant one-day drop since October 11. BTC-USD On the same day, observers saw the Chicago Mercantile Exchange (CME) reporting significant growth in BTC Futures trading in Q3. The exchange group has revealed that the average daily trading volume (ADV)…

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Cryptocurrency loans startup Nexo has announced that effective immediately, XRP is being added to the platform as a collateral option following the result of a community poll which indicated that more and more users are now holding XRP. In the announcement on its official blog on October 18, 2018, Nexo also revealed that it is looking into integrating litecoin (LTC)…

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SatoshiLabs, the Prague-based maker of the popular crypto hardware wallet Trezor, has enabled its Model T users to exchange coins directly through their wallet interface, the company announced in a blog post on October 22, 2018. Convert Bitcoin to Other Cryptocurrencies Right from Device SatoshiLabs, one of the most recognized cryptocurrency-related startups in the space, has unveiled a new feature…

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