XRP price chart 'bull flag' targets $15 amid increasing open interest

According to its Q3 2019 shareholder letter, Square’s Cash App reported many new first-time Bitcoin (BTC) buyers, but low profits related to its Bitcoin business.On Nov. 6, payment processing giant Square issued a letter to shareholders outlining Q3 2019 financial figures, in which it disclosed that the total net revenue for its Cash App was…

Dutch ministers have urged the government to regulate cryptocurrencies and certain cash payments over money laundering concerns in a statement on July 1.The officials said that the government should ban cash payments over 3,000 euros, regulate cryptocurrencies and ban 500 euro banknotes, as these instruments can purportedly facilitate money laundering.The Netherlands do not recognize cryptocurrency…

Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast. 713 Total views 19 Total shares Meta CEO Mark Zuckerberg is still hopeful about the company’s Metaverse plans regardless of the billions of dollars it’s sucking up from the company, claiming…

The mechanism allows investors to allocate a portion of the rewards they earned into funding startups. 351 Total views 19 Total shares Interoperability-focused blockchain Flare Network has partnered with software infrastructure firm Lena Instruments to implement a crowdfunding mechanism that lowers the risks associated with startup investing. Lena Instruments announced what it called a “CloudFunding" launchpad,…

Brazilian banks will be implementing a new standardized blockchain identity solution powered by the Hyperledger Fabric-platform, Cointelegraph Brazil reported on June 2.The identity solution — co-developed by IBM and the country’s central bank, CIP — is reportedly to be integrated into the Brazilian Payment System (SPB) — a system used by all banks and financial…

The news comes less than a month after Binance announced their plans to integrate Bit Lightning Network. 139 Total views 1 Total shares Cryptocurrency exchange Binance has announced it has successfully integrated Bitcoin (BTC) on the Lightning Network, enabling the use of the layer-2 scaling solution for Bitcoin withdrawals and deposits.Binance confirmed the news in…

BTC price action may stay cool until October 12, one analyst argues, as a historical volatility indicator prints a rare warning signal. 601 Total views 23 Total shares

Bitcoin Capital allocates 83% to BTC, but only 1% to ETH Investment firm Bitcoin Capital hopes that its exchange-traded product will foster mass crypto adoption. The firm's Bitcoin Capital Active Exchange Traded Product, or BTCA, is traded on the Swiss Stock Exchange. It can discretionarily allocate funds to fifteen different cryptocurrencies and fiat. Daniel Diemers, one of…