XRP spikes 12% as whales continue 'enormous accumulation' — Santiment

Critics argue that the Fed’s actions represent a significant overreach and could stifle innovation in the rapidly growing cryptocurrency sector.

The fundamental traits of blockchain technology, including decentralization, immutability, transparency and automation, have proven to be capable of several use cases for different businesses. However, due to the costs of creating and maintaining blockchain-powered applications, it can be difficult and expensive for enterprises to fully utilize its benefits.With the adoption of distributed ledgers, many projects…

The Kava decentralized finance (DeFi) protocol officially launched on Cosmos (ATOM) mainnet, with an initial onboarding of Binance Coin (BNB) as a collateral form.Kava works in a similar way to MakerDAO (MKR), allowing users to deposit crypto assets and borrow Kava’s stablecoin, USDX. The project focuses on providing interoperability to DeFi, and promises to onboard…

The crypto industry continues to mature, even during these bearish times, according to a recent report from PwC. The Big Four accounting firm’s findings showed that although the number of merger and acquisition deals in the crypto space decreased by 40% in 2019, the funds are now going to established companies instead of seed-stage startups.Additionally,…

ETH price struggles to find reasons to rally after the network’s DApp volumes drop and Ether languishes near the $2,250 support.

The parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), has announced the launch date for Bitcoin (BTC) futures on its platform Bakkt, according to a document released Oct. 22.Bakkt is a platform for trading, storing, and spending digital assets that was established earlier this year by global exchange operator ICE.Per the…

Marathon Digital has been fined $138M for breaching a non-disclosure, non-circumvention agreement with former executive Michael Ho.

Economic historian Barry Eichengreen believes that stablecoins are either too fragile, or too expensive, to emerge as a dominant monetary form. 491 Total views 12 Total shares UC Berkeley professor Barry Eichengreen argues that Facebook’s planned Libra stablecoin faces too many “insoluble” problems, and too much resistance from governments, to ever launch.“Libra is an interesting…

Belgium’s economic inspectorate reported $3.2 million in losses due to cryptocurrency fraud in 2019. Global losses from cryptocurrency fraud and theft surged massively in 2019, doubling from 2018. Despite multiple efforts to tackle fraudulent crypto schemes, countries like Belgium continued to suffer losses to crypto fraudsters.According to a May 8 report by Belgian newspaper De…