Cryptocurrency Analysis and News Portal
The US Federal Reserve, the country’s central banking entity, recently called up the nation’s biggest banks to present their views regarding the launch of Facebook’s digital currency project Libra. Not surprisingly, most of them turned out to be negative and some even said that it could be a potential threat
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‘Do business in Real-Time’ The Bank of America has finally announced its RTP payments product is to be rolled out over the next year. The Bank of America has been trialing xCurrent successfully, now they could utilize XRP to allow companies to pay employees instantly. Immediately send and receive payments using the
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Patrick Harker, president of the Federal Reserve Bank of Philadelphia, is confident that central bank digital currencies are inevitable.As Reuters reported on Oct. 2, Harker expressed the idea that central banks — including the Federal Reserve — will inevitably release digital currencies. Still, Harker believes that the United States should
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Cryptocurrency exchange HitBTC has denied allegations that it froze Brazillian investment startup Atlas Quantum’s funds, claiming the evidence is forged.Atlas Quantum claims the exchange froze $20.7MIn a Twitter argument which began on Oct. 2, the exchange said it had no record of blocking the accounts of Atlas Quantum. The latter
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New exciting development in the crypto world: the investment and partnership arm of Ripple, Xpring, has created a safe space to trade money faster and better.The platform, simply referred to as ‘Ripple’s Developer Platform,’ is designed to help developers easily create use cases for the cryptocurrency Ripple (XRP)trade – Ripple’s
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Brian Brooks, the chief legal counsel at major United States digital wallet and exchange Coinbase, has responded to concerns that conflicts of interest could compromise the company’s newly-created Crypto Ratings Council.In an interview with crypto media outlet The Block on Oct. 3, Brooks addressed concerns that the Council’s compliance
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Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD Tech AnalysisBTC demonstrates the worst result of all cryptocurrencies this weekBank of Canada thinks the BTC to be inefficientOn W1, the Bitcoin quotations have escaped the Triangle and keep declining inside the correction channel. Now, the quotations are between 50.0% and
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A Russian engineer caught illegally mining Bitcoin(BTC)trade, using one of the country’s most powerful supercomputers at a Russian nuclear lab located near the city of Sarov. He has been fined 450,000 rubles, or $7,000, as reported by the Moscow Times.Bitcoin mining is getting popular with the arrival of new mining
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Two Venezuelan companies have partnered to release a cryptocurrency debit card and point-of-sale (PoS) system.“Crypto transfer device” supports four currenciesAccording to a social media release by state-sanctioned exchange CriptoLAGO on Oct. 1, the joint offering with so-called “investment cryptobank” Glufco is already taking orders. Translated part of the announcement
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The total crypto market cap added $9.8 billion to its value since September 30, and now stands at $222.8 billion. The top ten coins are all in green for the last 24 hours with Cardano (ADA) and ether (ETH) being the best performers with 2.9 and 2.4 percent of gains
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