Largest Bitcoin ATM Network Coinme Raises New Funding from Ripple’s Xpring 

Coinme, which provides kiosks and ATMs for digital currencies, raised $1.5 million in a Series A-1 financing round that included Ripple’s subsidiary Xpring and Blockchain Finance Fund, the company said. Proceeds from the funding will be used for additional licensing to expand its U.S. and international coverage. Co-founder and CEO Neil Bergquist told CoinDesk that […]

Bitcoin Inches Lower, but $10,800 Target Remains

Bitcoin and the aggregated crypto markets have been facing a period of consolidation after posting a decent sized rally earlier this week. Although this rally has stalled in recent times, it is important to note that BTC’s main level of resistance still exists at $10,800. One analyst, however, believes that an inability to validate a […]

Ripple expansion ready amidst price manipulation controversies

Ripple expansion plans are always larger than the competition in the cryptocurrency universe, and that’s no secret. Ripple is in search for a new Vice President of Business Development, while the company strives for growth in search for bigger partnerships in the technological industry. Jim Chauncey-Kelly, the Senior Director for Global Talent Acquisition at Ripple, […]

Crypto Entrepreneur Pledges Match of Presidential Candidate’s Universal Basic Income Scheme

Justin Sun, the founder of the crypto asset network TRON and CEO of BitTorrent, has just announced that he intends to match a presidential candidate’s unorthodox campaign strategy. The crypto-friendly democratic candidate, Andrew Yang, has stated that he plans to use campaign funds to extend universal basic income of $1,000 per month to 10 people […]

Catalyst can trigger Bitcoin price and alt season: analyst

Bitcoin price and alt seasons cannot really be discussed without talking about the other and that is the major problem for a plethora of investors. In an episode of Fast Money on Consumer’s News and Business Channel (CNBC), Thomas Lee, Fundstrat co-founder, and Wallstreet strategist, gave his opinion on the trend and market-value of Bitcoin […]

Bitcoin Maturing as CME Doubles BTC Futures Contract Limits

The markets surrounding Bitcoin may be incurring increasing maturity, as the Chicago Mercantile Exchange (CME) is now opening that gates for traders to begin holding a significantly higher number of open BTC contracts than is currently allowed. This change comes about as Bitcoin’s hash rate just set a fresh all-time-high and may be emblematic of […]

Cryptocurrency Used to Fund North Korean Weapons Program, Says US Treasury

The US Treasury Department has just announced new sanctions against online criminal groups based in North Korea. The groups have reportedly conducted cryptocurrency ransomware attacks and other cyber crimes aimed at subverting international sanctions against the state. The US Treasury believes these attacks are directly funding the North Korean missile programme. This presents those companies […]

BlockFi removes minimum deposit requirement on crypto interest earning

BlockFi has removed the minimum deposit requirement from its interest-earning platform on cryptocurrency holding. BlockFi is a startup based in New York that offers wealth management services to cryptocurrency investors. It supports interest-bearing accounts (BIA) for cryptocurrency holding. Currently, the platform is restricted to BTC, ETH, and GUSD only. The BIA service was launched in […]

Libra denies all claims of it being a threat to financial stability

Libra Association’s Chief Operations Officer (COO) Bertrand Perez denies claims calling Libra a threat to financial stability. Is Libra a threat to financial stability? No according to Bertrand Perez. He insisted that Libra will not be a threat to financial stability maintained by central banks. He stated that Libra would be dependant on central banks […]

Tagomi Rollout Paves Way for Institutional Crypto Shorting

Crypto brokerage Tagomi released its borrowing and lending platform to the wider public, enabling investors to short cryptocurrencies like bitcoin and ethereum. Tagomi’s COO Kevin Johnson told CoinDesk that its new platform addresses issues that stymie institutional crypto shorts. Many large-scale investors could not short cryptocurrencies as rapidly as they might short an equity position […]

Binance Bitcoin Futures Debuts with $170M Trading

Binance has launched a new futures platform, where speculators can bet on bitcoin price going down or up, after announcing it earlier this year. And service is already witnessing trading volumes worth hundreds of millions of dollars. Looks like a strong start for Binance futures – $170mln trading in last 24h with max leverage 20x […]

Global Financial System can Adopt Bitcoin: Circle CEO

Three weeks back, the Bank of England Governor Mark Carney made an alarming comment on the global reserve currency, the US dollar. The economist said that the world’s reliance on the greenback “won’t hold” and a new global monetary and financial system backed by many more global currencies would replace it. Carney called the bundle […]

Central Bankers Ready to Boost Bitcoin Price Sky-High; Here’s Why

According to its proponents, the value proposition of Bitcoin (BTC) was dramatically accentuated on Thursday, when central bankers continued their march towards debasement and uncharted monetary territory. Related Reading: Bitcoin’s Next Bull Run May Be Sparked By S&P 500 Uptrend, Claims Analyst Why Crypto: European Central Bank Cuts Rates, Commences QE For those who missed […]