Category: XRP
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Weiss Ratings Downgrades EOS to ‘C-‘ Due to Centralization – How Other Coins Measure Up
[youtube https://www.youtube.com/watch?v=RshC-TBZwYM&w=560&h=349] Weiss Ratings has downgraded EOS once again, taking its ranking from a B to a C-. The group cites “failure to decentralize,” “misallocation of resources,” and a congested network as reasons for the fall in rank. “Weiss Crypto Ratings model is not based on opinion. It’s driven by data,” the group claims. In…
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Market Update: Crypto Prices Hold Steady After Massive Bullish Spike
Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows seen just a few days…
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Congressman says XRP, ETH, and BTC are actual cryptocurrencies, not Libra
At Facebook CEO Mark Zuckerberg’s Senate testimony, Republican congressman Ted Budd of North Carolina said that Bitcoin, Ethereum, and XRP are actual cryptocurrencies, while Libra isn’t. By “actual” cryptocurrencies, Congressman Budd likely meant that unlike the three assets, Libra is not open-sourced and permissionless. XRP price has recovered fairly strongly since early October until this…
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Why liquidity of XRP in Mexico is surging after MoneyGram partnership
According to an analyst based in Japan, the liquidity of XRP in Mexico, specifically on Bitso, has increased significantly following the partnership between MoneyGram and Ripple. XRP liquidity on the rise in Mexico (source; Tenitoshi Twitter) Prior to the deal, the Tenitoshi Liquidity Index for XRP in Mexico was hovering in the negative, indicating that…
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Diversified Crypto Fund Receives FINRA Regulatory Approval
Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which are also quoted publicly. Also read: 7 Crypto Exchange-Traded Products Now Live on Swiss…
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Market Outlook: Leading Cryptocurrencies Attempt to Break Resistance
Digital currency markets have started to show strong signs of recovery after dropping to new lows last week. On Monday, a number of cryptocurrencies gained between 2-5% over the course of the day. Crypto prices have held steady into the next day and many digital assets will likely test key resistance levels in order to…
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Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices
On September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday afternoon was unexpected and today traders are…
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PR: PayKassa.pro Launches Multifunctional Payment Aggregator
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. We can state boldly today that cryptocurrencies will be in great demand in the future, as the cryptocurrency…
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PR: Kinesis Partners With Hardware Wallet Provider CoolbitX
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. 21/08/2019, London: Kinesis is proud to announce a partnership with CoolBitX Technology, the developers of the world’s first…
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US Regulator Plans to Outsource Running Cryptocurrency Nodes
A recently published document reveals that the U.S. Securities and Exchange Commission (SEC) has plans to hire contractors to run specific cryptocurrency full nodes for the government agency. According to the SEC documentation, the regulator wants third-party contractors to run nodes for Bitcoin Core (BTC), Ripple (XRP) and Ethereum (ETH) in order to monitor compliance…