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Ripple (XRP) up 27.3 percent Brad Garlinghouse says Ripple ready to work with banks and regulators In an interview with Recode Decode podcast, Brad Garlinghouse once again reiterated their will of working with regulators and not against them. Meanwhile, prices are stable with XRP trading below Q1 2019 lows. Fundamentals By design, Ripple Inc solutions are meant to meet the demands of Banks and financial institutions. That is a goal Brad Garlinghouse is working towards achieving. Although there are regulatory Read more …

Ripple (XRP) up 27.3 percent Brad Garlinghouse says Ripple ready to work with banks and regulators In an interview with Recode Decode podcast, Brad Garlinghouse once again reiterated their will of working with regulators and not against them. Meanwhile, prices are stable with XRP trading below Q1 2019 lows. Fundamentals By design, Ripple Inc solutions are meant to meet the demands of Banks and financial institutions. That is a goal Brad Garlinghouse is working towards achieving. Although there are regulatory Read more …

A senior official in Russia’s parliament, the State Duma, has argued that cryptocurrencies have the potential to ruin governments, Russian financial media agency Rambler reported on May 20. Nikolai Arefiev, a member of the Communist Party of the Russian Federation and vice-chairman of the Duma’s committee on economic policy, innovative development and entrepreneurship, claimed that cryptocurrencies were created in order to hide large offshore assets from the government. If cryptos such as bitcoin (BTC) had emerged by 1994, Russia would Read more …

After an initial round of polling last Thursday, MakerDAO token holders have failed to finalize a decision to decrease fees for users on DAI stablecoin loans taken out through MakerDAO’s programmatic lending protocol. On Friday, a secondary round of polling was launched in order to execute a 2 percent decrease to MakerDAO fees in the system. However, for the first time, the minimum threshold of 117,631.90 MKR tokens was not reached over the weekend and the executive vote remains unfulfilled with Read more …

By CCN: Mike Novogratz, the billionaire CEO of Galaxy Capital and a former hedge fund manager at Fortress Investment Group, believes alternative cryptocurrencies, or altcoins, will be outperformed by bitcoin in the bull market. Not this time. Market getting smarter. $btc will outperform. — Michael Novogratz (@novogratz) May 19, 2019 The statement of Novogratz comes after the bitcoin price risen by more than 115 percent year-to-date against the U.S. dollar, leading the crypto market to add $124 billion to its Read more …

By CCN: The U.S. and China are preparing for a full-blown trade war that could potentially last until 2020. Consequently, the Dow Jones and wider stock markets in both the U.S. and China could face significant downward pressure in the near-term. Trade War Threatens to Sap Momentum Out of Stock Market The Dow Jones Industrial Average is up more than 13 percent year-to-date (YTD), and key sectors such as tech and finance had a strong start to 2019. Strategists generally Read more …

London-based global funds network Calastone announced that it switched its entire system for fund trade clearing services to its blockchain Distributed Market Infrastructure (DMI) in a press release published on May 20. Per the release, the migration of the company’s over 1,800 customers over 41 markets “represents the largest community of global financial services organisations connecting and transacting via distributed ledger technology.” In the announcement, the institution also forecasts that the resulting savings for the mutual funds market will amount Read more …

Bitcoin Press Release: AICoin, a blockchain company based in Singapore has made its first venture into Sevamob, a pioneer in AI healthcare technologies. 16th of May, 2019, Singapore –  AICoin, a tokenised group that uses profits from cryptocurrency trading to take equity stakes in early-stage AI companies, has just completed its first investment in Sevamob Ventures USA Inc. AICoin, through Tessier-Ashpool PTE Ltd. is the lead investor in this $2,000,000 funding round and will acquire a board seat at Sevamob. Read more …

An average bitcoin investor in South Korea has dumped more fiat money than the one in other countries, reveals CryptoCompare. The London-based data analytics firm found that cryptocurrency exchange BitHumb has received over $16 billion worth of fiat money in April 2019. The firm further noted that Upbit, a BitHumb-rival, posted the second-best influx of fiat-based capital at around $7.5 billion in the same month. At the same time, US-based exchanges Coinbase, Gemini, and Kraken paled in comparison, posting capital Read more …

The Bitcoin bull market is changing investor habits – but the vast majority of the supply has stayed in the same wallet since 2018. 10.5 Million Bitcoins Dormant Analysis of data from BitInfoCharts and social media transaction monitoring resource Whale Alerts produced some interesting reading this week. Despite the Bitcoin price rise which began in April, seeing BTC/USD jump from $4,000 to over $8,300, HODLers are still accumulating – while keeping their coins static. According to BitInfoCharts, around 10.5 million Read more …

The South Korean city of Seoul will implement blockchain technology in its citizen cards, Korean publication Queen.co.kr reports on May 20. Park Won-soon, the mayor of Seoul, has participated in the ongoing event “Korea Future Forum (KFF) 2019 & Blockchain Tech Show,” reporting on the city’s achievements in embracing major technologies including blockchain and artificial intelligence. The mayor highlighted the role of blockchain in storing data, noting that the value of data “has become even more important than before.” According Read more …

Crypto investing is tough, but not as difficult as it may seem if you follow some basic rules. Don’t love or get emotional with your coins. It is volatile and scary at times as things can fly up and down at extreme rates, like the Bitcoin value flow has proved. If you are not careful, then you risk massive losses. To ensure continuous profitability, make sure you learn how to be careful and check for trusted crypto websites. Avoid most Read more …