Category: XRP
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The Daily: A Dirty War on Bitcoin
Today’s installment of The Daily is all about dirty tricks. The sort of tricks designed to convince the world that Bitcoin is bad. Spending bitcoin, mining it, or allowing the Chinese to mine it ahead of the U.S. — all bad, according to American Express, the White House (allegedly) and a handful of other haters.…
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Bitcoin Breaks Downtrend by Surging 10% to $6,700, is the Tether Sell-off a Factor?
Earlier today, on Oct. 15, the price of Bitcoin surged from $6,150 to $6,700 on most major fiat-to-cryptocurrency exchanges including Coinbase, Bitstamp, and Kraken. Although the price of the dominant cryptocurrency surpassed the $7,500 mark on Bitfinex, the increase in the value of Bitcoin on Tether-enabled exchanges such as Bitfinex and OKEx were triggered by…
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Markets Update: Heavy Selling Across Leading Markets, ZRX Rallies
The cryptocurrency markets appear to be consolidating following the significant sell-off that transpired on Thursday. The event saw BTC produce the largest percentage red daily candle posted since Sep. 5, driving losses across most major markets. ZRX was the most notable exception to the bearish price action that erupted through most cryptocurrencies, rallying significantly following…
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Exchanges Roundup: Pantera Fund Down 40%, Bittrex Delists Altcoins
In recent news pertaining to cryptocurrency exchanges, images circulating online show Pantera Capital’s Digital Asset Fund had a lifetime-to-date performance of minus 40% as of the end of August, Bittrex has announced the delisting of Bitshares, Bitcoin Gold, and Bitcoin Private, and Indian cryptocurrency exchange, Bitbns, has been accused of falsifying its trade volume. Also…
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Crypto Billion Dollar Fund Records 22% Loss in August, State of Market
According to a letter to its clients from Pantera Capital – the first billion-dollar crypto fund, the holdings of the fund have recorded a loss of 22 percent in August and a 72.7 percent loss year-to-date (YTD). The letter of Pantera Capital, publicly released by cryptocurrency researcher Collin Crypto, demonstrated that since December 2018, the inception of…
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Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic According to Fundstrat
44 percent of those surveyed on crypto Twitter believe the price of bitcoin core (BTC) has a ways to go before finding bottom, while over half of Wall Street and institutional investors seem to believe BTC’s bottom has been reached. The poll was conducted by Fundstrat, comparing the views comprised of 25 Wall Street related…
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September Volume Report: Altcoins See Increase in Trade Activity
September saw all but three of the top twenty cryptocurrency markets post an increase in monthly trade volume. XRP pairings saw the strongest month-over-month volume gain, with 30-day volume tripling when compared with August. Also Read: Markets Update: Crypto-Traders Patiently Wait for a Break Out BTC Stagnates, USDT and ETH Post Strongest Volume Since Q2 Despite…
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Markets Update: Crypto-Traders Patiently Wait for a Break Out
Cryptocurrency prices have remained in a consolidated pattern over the last two weeks with a few ups and downs, but have remained fairly stable in recent days. The overall market capitalization of all 1900+ cryptocurrencies is valued at $221 billion with close to $12 billion worth traded over the last 24-hours. Also read: Bitpay Phases Out…
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Spain’s Banco Santander Takes a Liking to Ripple’s (XRP) Cross-Border Payments Solution
At Ripple’s annual Swell event on Oct. 1, Spanish financial services firm Banco Santander executives shared their experience of using blockchain-powered payment systems powered by the former’s RippleNet product. In April 2018, Santander launched the One Pay FX–building on RippleNet–for commercial usage and enabling mobile cross-border payments. Ed Metzger, the bank’s Head of Innovation, led…