One of the biggest crypto companies in the US, Bakkt, will not support XRP as part of its further product development according to the firm’s CEO. Bakkt CEO Gavin Michael confirmed on January 11 that Bakkt would be dropping Ripple’s…
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FCA Warns About Investing in Bitcoin and Other Cryptos
The Financial Conduct Authority which is the UK’s financial regulator has warned investors about putting their money in crypto. The Financial Conduct Authority (FCA) issued the warning amid a crypto crash that saw a 30% drawdown in the BTC price.…
Cardano (ADA) Among The Top 4 Cryptos to Watch This Week
Crypto markets have been going crazy since the New Year began and more crazy volatility has been seen in the last 48 hours. As at Jan 8, the BTC price was trading at a record high of $42,000 only to…
JPMorgan: Bitcoin Could Hit $146K In the Long-term
Investment banking giant JPMorgan has predicted a long-term BTC price of $146,000 according to a Bloomberg report. The prediction by JPMorgan was based on the assumption that the cryptocurrency could grow in popularity as an alternative to gold. A lot…
HDBank Becomes First Vietnamese Bank to Issue Blockchain-based Letters of Credit
Major Vietnamese bank HDBank has now become the first in the country to issue letters of Credit (L/C) using the Blockchain. A January 6 report by local media outlet VietNam News, indicated that the issuance document presentation and successful payment…
Crypto Users Donate $400K to Support Wikileaks Founder Julian Assange
Wikileaks founder Julian Assange is receiving loads of support from some crypto holders as speculation rises about a possible presidential pardon from current president Donald Trump. According to Twitter user Whale Alert, users have donated a large amount of BTC…
Russia Restricts Crypto Trading to Curb Capital Flight
Crypto investors in Russia will soon find it difficult to escape plummeting interest rates in savings accounts as the Central Bank of Russia works to prevent capital flight. As per a Dec 30 announcement, the Central Bank of Russia is…
Crypto Trading App Warns Users Against Trading XRP
Crypto-friendly app Revolut is reportedly issuing a strong warning to its customers about trading XRP. According to news outlet Irish Times, the fintech firm has sent out a notice to its users to be careful about buying and selling XRP.…
Luxury Vegas Auto Dealership Benefits from Massive BTC Purchases
A luxury auto dealership in Nevada has reported an increase in BTC payments made. The report speaks to the BTC price rally as mostly high value crypto holders convert their holdings into luxury sports cars. Dealership does not accept BTC…
Novogratz: Institutional Investors have Pushed BTC North of 30K
Galaxy digital founder and CEO Mike Novogratz believes institutional investors are behind Bitcoin’s recent rise. In an interview with BBC World News Today, Novogratz said governments around the world were painting money in large amounts and “debasing fiat money.” He…