XRP price warning signs emerge after 300% gains in two months

The Venezuelan army turns to crypto mining as the country's economy collapses. 2125 Total views 21 Total shares The regime of Nicolás Maduro continues to lean on crypto to keep economically solvent.Via Instagram, an engineering brigade of the Venezuelan army inaugurated the new "Digital Assets Production Center of the Bolivarian Army of Venezuela." As the…

There is often a perceived tension between regulation and innovation. A pervasive narrative has emerged that these two important parts of our society are at odds with each other. In reality, it’s when these two come together as partners that we can effect change and transform our world for the better.Nowhere is this more true…

Bitcoin (BTC) has continued to challenge the status of legacy markets as the market capitalization of the digital asset surpassed the combined market cap of Visa and Mastercard ($871 billion). Bitcoin’s $1.15 trillion market capitalization has also overtaken the combined value of JPMorgan Chase, Bank of America and the Industrial and Commercial Bank of China, which…

The conversation occurred at a banking committee meeting with Consumer Protections director Rohit Chopra. 310 Total views 4 Total shares U.S. Senator Bill Hagerty (R-VA), who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Consumer Financial Protection Bureau Director Rohit Chopra regarding cryptocurrencies in a…

"The earliest date for launch of a U.K. CBDC would be in the second half of the decade,” said the Bank of England, adding no final decision has yet been made. 1039 Total views 5 Total shares The Bank of England and the United Kingdom finance ministry are planning to launch a consultation on the…

The results of a Wells Fargo/Gallup poll published July 27 finds that only two percent of U.S. investors own Bitcoin, but 26 percent are intrigued by it. The online survey was conducted May 7-14, 2018 amongst  U.S. investors with more than $10,000 in stocks, bonds or mutual funds. The results show that the overwhelming majority…

Bitcoin on-chain activity dropped this low after May 2021’s crypto market crash and hasn’t risen above this level since. 1536 Total views 45 Total shares Despite Bitcoin’s (BTC) price growing 45% over the past 30 days, cryptocurrency investors are not moving their holdings, according to new data.Blockchain analytics provider Glassnode released its new “The Week On…

A link to a phishing LocalBitcoins clone website had been placed on the official LocalBitcoins forum, but the attack has since been stopped. A LocalBitcoins community manager warned of the attack on Reddit on Jan. 26.According to the post, an unidentified hacker or hacker group detected a security vulnerability in the LocalBitcoins forum and linked…

Cryptocurrency lending company Genesis Capital processed $1.114 million in borrows and lends last year, according to the recently released Digital Asset Lending Snapshot for Q4 2018.At the end of Q3 2018, the company published its first Digital Asset Lending Snapshot, which reported that Genesis Capital only processed $553 million at the time counting from the…