|Day's Range||0.289 - 0.302|
|52 Week Range||0.2271 - 0.5605|
|Volume (24hr) All Currencies||1.94B|
The Facebook executive behind the Libra blockchain project says its developers are designing the cryptocurrency under the assumption that it could grow large enough to present risks to the economy.
The head of Facebook's blockchain project told Yahoo Finance that the development of the Libra project will get harder but said the departure of seven founding companies has forced "no change."
A cryptocurrency exchange-traded fund (ETF) has yet to garner regulatory approval, but Grayscale Investments has gotten a green light from FINRA for a publicly-quoted security that derives its value from a basket of digital currencies. The post Grayscale gets FINRA approval for Digital Large Cap Fund appeared first on The Block.
Cryptocurrency wallet provider BRD (formerly Bread) has received a $750,000 investment from blockchain payments firm Ripple to boost the adoption of its XRP cryptocurrency.The post Ripple invests $750K in crypto wallet BRD to increase XRP usage appeared first on The Block.
Samsung Electronics America recently collaborated with fintech firm Finablr to launch a money transfer service via the Samsung Pay app. The feature is being powered by Finablr’s subsidiary Travelex.The post Samsung-Finablr deal on overseas payments does not involve Ripple or XRP appeared first on The Block.
CFTC chairman Heath Tarbert believes ether (ETH) is a commodity and falls under the jurisdiction of the CFTC—and he expects to see ether futures contracts.
London-based fintech firm Finastra has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments.The move will allow Finastra’s customers i.e.The post Ripple, fintech firm Finastra partner for blockchain remittances appeared first on The Block.
B2C2, a cryptocurrency liquidity provider and an over-the-counter (OTC) trading firm based in London, has launched a new gold derivative product, which is priced and settled in bitcoin (BTC).The post In first, crypto market maker B2C2 launches a gold derivative, settled in bitcoin appeared first on The Block.
Ripple's XRP token has enjoyed a fruitful start to the week with a rally back above the $0.25 level of support. Prior to the rally, the digital asset had fallen to its lowest point since December 2017, with suggestions that if this level of support was to break, the value of XRP would plummet all the way back down to the $0.15 region. Interestingly, when XRP was at $0.23 in December 2017, it took less than a month for it to eclipse its all-time high of $3.28. XRP's weekly and daily candles closed in a relatively bullish posture. However, more volume is needed to sustain the bounce and drive it back towards the $0.30 level of resistance. Currently, price hasThe post XRP market cap increases by $500 million after 5% rally appeared first on Coin Rivet.
Blockchain payments provider BitPay will add support for XRP, the world’s third-largest cryptocurrency by market capitalization, by the end of this year.The post BitPay to add support for XRP later this year appeared first on The Block.
Blockchain payments firm Ripple has acqui-hired Iceland-based cryptocurrency trading firm Algrim to expand operations in Europe. Announcing the news on Monday, Ripple said Algrim will play an “integral” role in the ongoing development of its On-Demand Liquidity (ODL) product which utilizes XRP cryptocurrency for cross-border payments.The post Ripple acqui-hires Iceland-based crypto trading firm Algrim to expand in Europe appeared first on The Block.
Bitrue, a Singapore-based cryptocurrency exchange focused on serving the XRP community as it supports over 50 XRP pairs, is entering into the lending market.The post XRP-focused crypto exchange Bitrue entering into lending space appeared first on The Block.
Cryptocurrencies seized by a UK police force from a criminal are to be auctioned by an Ireland-based auction house. Wilsons Auctions announced last week that the Eastern Region Special Operations Unit has appointed them to manage the auction worth £500,000 (~$621,000) of cryptocurrencies, including bitcoin (BTC), ether (ETH) and XRP, among others.The post UK police to auction bitcoin and other cryptocurrencies worth over $600K appeared first on The Block.
Ripple has filed a motion to dismiss a lawsuit, saying that XRP is not a security “because it is not an ‘investment contract.’” “Purchasing XRP is not an “investment” in Ripple; there is no common enterprise between Ripple and XRP purchasers; there was no promise that Ripple would help generate profits for XRP holders, and […]The post Ripple says XRP is not a security, in a motion filing to dismiss a lawsuit appeared first on The Block.
Crypto exchange Binance’s U.S. platform is launching with seven coins, instead of six as previously announced. Binance.US has now also added its native token BNB to its platform in the “first phase,” several users posted screenshots of the development on Twitter.The post Binance.US adding 7th coin to its platform - native token BNB appeared first on The Block.
Binance U.S. will begin accepting account registrations and cryptocurrency deposits starting Sept. 18, the firm announced in a blog post on Wednesday.The post Binance U.S. to start accepting account registrations; will initially support 6 assets appeared first on The Block.
Stock exchange operator Nasdaq has added yet another crypto-related index – this time for decentralized finance (DeFi), according to an announcement Monday.The post Nasdaq adds a new index for decentralized finance ‘DeFix,’ covering Augur, MakerDAO appeared first on The Block.
Japanese messaging giant LINE has just received a license to operate the cryptocurrency exchange business in the country. Japan’s Financial Services Agency (FSA) granted the license to LINE’s blockchain unit LVC Corporation on Friday.The post Japanese messaging giant LINE wins crypto exchange license from regulator appeared first on The Block.
India's richest investors are looking to ramp up their allocation to cryptocurrencies, as concerns about a slowdown in the economy grip the nation.The post Nearly 10% of India's richest investors are looking to increase allocation to cryptocurrency appeared first on The Block.
Japanese financial services giant SBI Holdings' subsidiary, Morningstar Japan K.K., has launched an interim shareholder benefits program with XRP, the world’s third-largest cryptocurrency by market capitalization.The post SBI Holdings subsidiary to pay shareholders an interim dividend in XRP crypto appeared first on The Block.
Bernard Arnault, chairman and CEO of luxury goods brand Louis Vuitton (LVMH), has denied media reports that he had set up a firm in Belgium to invest in cryptocurrencies.The post Louis Vuitton boss Bernard Arnault denies setting up a firm in Belgium to invest in crypto appeared first on The Block.
Cryptocurrency lending and borrowing startup Cred has hired former PayPal executive as its chief financial officer (CFO), according to an announcement Monday.The post Former PayPal executive joins crypto lending startup Cred as CFO appeared first on The Block.
Huobi was by far the most used exchange for withdrawals from the alleged cryptocurrency Ponzi scheme PlusToken, which has reportedly swindled over $2 billion from participants, according to new research.The post Users of alleged crypto scam PlusToken ‘heavily favored’ Huobi exchange for withdrawals appeared first on The Block.
Ripple is putting aside a massive 1 billion XRP tokens for content creators and artists willing to publish through Coil, a platform intended for content monetisation. The Ripple online content strategy is aiming to encourage XRP adoption in and outside the crypto market. Ripple’s grant is worth almost $260 million and comes from the company’s investment subsidiary Xpring. The funding is expected to improve Coil’s performance as the platform creators seek to increase its popularity with content creators. What is the Coil platform? Coil is a micropayments platform for content creators. The concept behind the project is simple: artists, journalists, writers, and other people who create content should be able to monetise their work without intermediaries. The platform aims toThe post How Ripple is funding online content appeared first on Coin Rivet.
Fidelity Charitable, the financial services giant’s charity unit, is now accepting XRP, the world’s third-largest cryptocurrency, for donations. Until now, the unit accepted only four cryptocurrencies - bitcoin (BTC), bitcoin cash (BCH), ether (ETH) and litecoin (LTC), having launched the form of donation back in 2015, according to an announcement shared with The Block late […]The post Fidelity’s charity unit includes XRP to its list of accepted cryptos for donation; hits $100 million-mark appeared first on The Block.