Bitcoin’s weekend rally fizzles under $64K — Pro traders take neutral positions

Ripple CEO Brad Garlinghouse says the firm is looking into multiple investments and acquisitions following its $30 million partnership with MoneyGram this June.As Yahoo! Finance reported on Aug. 9, Ripple’s deal with MoneyGram — the second-largest remittances firm worldwide — saw it purchase a 10% stake in the entity, with an option to increase its…

The Asian continent and particularly China have been making news and inducing bull runs in the cryptocurrency world these past few months, starting with President Xi Jinping’s comments and progressing to crackdowns. The main question driving the conversation is the Chinese government’s sudden advocacy for blockchain systems and a specific interest in being the first major…

Hong Kong’s Treasury Secretary says the government is right to pursue restrictive crypto regulations in the city. 1636 Total views 2 Total shares Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury has defended the recent proposal by the city’s Financial Services and the Treasury Bureau to ban retail crypto trading.In a speech…

Charles Hoskinson, co-founder and CEO of IOHK, the blockchain firm behind Cardano (ADA), said that he expects the coin to see a hard fork in mid-February.During a livestream on Jan. 17, Hoskinson noted that he expects Cardano’s consensus algorithm to be upgraded with a hard fork next month. He said that he has “pretty high…

Bitcoin (BTC) delivered fresh volatility on Jan. 6 as rangebound behavior saw its first shake-up in weeks.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOpen interest remains highData from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping overnight to hit $42,000 for the first time since December.Although not the upside breakout that many had wanted, the move was…

Australian research university RMIT announced two postgraduate programs in cybersecurity and blockchain. 3099 Total views 67 Total shares RMIT University, an Australian public research university, is adding two new postgraduate programs in the field of cybersecurity and blockchain technology.The university announced May 26 that it was partnering with IBM, Palo Alto Networks, and Stone &…

Diginex — a crypto firm to be traded on Nasdaq — has launched a new permanently live custody solution through its subsidiary Digivault.According to an announcement on April 16, the new custody solution — dubbed Helix — protects its users against key duplication, theft, features hardware protection of networks and operates from military-grade secure locations.A…

US-based crypto startups attracted 45% of all VC funding invested in the industry, followed by the United Kingdom claiming 7.7% of capital investment and Singapore with 5.7%. 298 Total views 2 Total shares Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing towards…

Bitcoin will come to the rescue if the fiat system fails, says the incoming senator from Wyoming. 422 Total views 5 Total shares An unprecedented year, 2020 has sent the global economy into a tailspin in an effort to compensate for COVID-19-related difficulties. If the traditional system collapses, Bitcoin will become vital, according to United…