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Ripple CEO Brad Garlinghouse Says Mark Zuckerberg Late to Crypto Party As ‘Trust Deficit’ Holds Social Media Giant Back (dailyhodl.com) 10/23/2019 - 3:12pm
Ripple CEO Brad Garlinghouse, who recently commented that he’s worried regulators will impede the crypto space because of their challenges with and distrust of Facebook, Mark Zuckerberg and the Libra project, says Zuckerberg’s testimony on the Hill today exposes his trust deficit. While US policymakers both berate and praise Zuckerberg during his...
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Crypto Shock: Analyst Says Traders Should Buckle Up As Bitcoin, Ethereum and XRP Markets Plummet $16.3 Billion (dailyhodl.com) 10/23/2019 - 1:24pm
A sharp drop in the price of Bitcoin is sending shockwaves throughout the crypto markets. The top three cryptocurrencies by market cap – Bitcoin, Ethereum and XRP – lost a collective $16.3 billion in market cap in the span of about an hour and a half. The aftermath has pushed every coin in the top […] The post Crypto Shock: Analyst Says Traders...
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Popular Web Browser Goes Full Crypto, Adds Bitcoin (BTC) Payments and Support for Tron (TRX) (dailyhodl.com) 10/23/2019 - 12:36pm
The developers of the Opera web browser are adding support for Bitcoin (BTC) and Tron (TRX) to the latest release of the popular internet browser. The browser already supports Ethereum and ERC20 tokens. According to the announcement, Opera’s native crypto wallet for Android has been enhanced. “In addition to our existing support for Ethereum (ETH...
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Cardano Exploring Privacy Features That Power Zcash, Says Charles Hoskinson (dailyhodl.com) 10/23/2019 - 8:58am
Cardano is exploring zero-knowledge proofs, which allow transactions to be authenticated without divulging any of the personal information of either the sender or receiver. Cardano creator Charles Hoskinson says his company, IOHK, has been researching Electronic Coin Company’s zk-SNARK proofs, which enable Zcash to have transactions that retain...
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Ripple Says XRP-Based On-Demand Liquidity ‘Actively Replacing’ Outdated Cross-Border Payments Infrastructure (dailyhodl.com) 10/23/2019 - 4:15am
Ripple says its XRP-powered payments platform called On-Demand Liquidity is designed to trigger a foundational change to the world’s aging cross-border payments ecosystem. In a new interview at Seeking Alpha, Ripple’s senior vice president of product, Asheesh Birla, says the company is pushing to create an instant real-time payments infrastructure...
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Bitcoin (BTC) Has Just Created a Second ‘Big Gap’ in CME Futures, Says Crypto Analyst (dailyhodl.com) 10/23/2019 - 3:03am
Dubai-based crypto analyst The Moon tells his 76,000 subscribers on YouTube that Bitcoin has just created a big gap in the Chicago Mercantile Exchange (CME) Bitcoin futures contracts. After Bitcoin’s plunge from $9,773 to $8,463 on September 24, BTC has been trading in a $775-range for the past 30 days, reaching a low of $7,845 […] The post...
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Texas Becomes Crypto Epicenter With ‘Largest Bitcoin Mining Facility in the World,’ Says Bitmain (dailyhodl.com) 10/22/2019 - 10:50pm
Bitmain, the leading Chinese manufacturer of crypto mining hardware, is launching a massive mining facility in Rockdale, Texas. According to an announcement, Bitmain’s mining farm is up and running at 25 megawatts, which is half the capacity it will ultimately reach. Once it hits 50 megawatts, Bitmain says it will be the “largest Bitcoin mining...
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Bitcoin’s Trading-Volume Pulse, Poloniex Spin-off, Crypto Conditions: eToro Market Update (dailyhodl.com) 10/22/2019 - 4:51pm
Bitcoin’s Trading-Volume Pulse, Poloniex Spin-off, Crypto Conditions: eToro Market Update Hi Everyone, The prolonged low-volume consolidation period has claimed her first victim and it’s a big one. To be fair, Poloniex has been steadily losing market share for more than a year and being bought out by Goldman Sachs backed Circle in February 2018 (...
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Safe Haven Spotlight on Bitcoin As US Senator Slams China, Says He Doesn’t Believe a Trade Deal Will Ever Happen (dailyhodl.com) 10/22/2019 - 3:50pm
If US Senator Rick Scott is right, trade tensions between the US and China will continue for the foreseeable future. The ongoing trade war has already bolstered the Bitcoin safe-haven narrative with the world’s two largest economies battling for supremacy and causing uncertainty. Scott says Americans need to stop buying Chinese products. In an...
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Mark Zuckerberg’s Planned Testimony on Controversial Crypto Project: ‘We’re Not the Ideal Messenger Right Now’ (dailyhodl.com) 10/22/2019 - 2:11pm
Mark Zuckerberg’s upcoming statements before the House tomorrow have been released. The Facebook CEO will address the US House of Representatives Committee on Financial Services at a hearing tomorrow. In his remarks, Zuckerberg acknowledges that while Facebook champions change in the global payments industry, it’s not the best messenger – given...
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Binance.US Support for IOTA and BUSD Goes Live As Stablecoin Adoption Picks Up Steam (dailyhodl.com) 10/22/2019 - 1:20pm
Users on Binance.US, the newly launched US division of leading crypto exchange Binance.com, can now trade BUSD (BUSD), the company’s US dollar-backed stablecoin, and IOTA (IOTA). According to the announcement, Binance.US supports trading pairs BUSD/USD, BTC/BUSD and IOTA/USD starting today. The US-based exchange has also adjusted its no-fee ACH...
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Ripple Expands Global Team As Crypto Ad Highlighting XRP and Network Speed Earns Praise From Binance CEO (dailyhodl.com) 10/22/2019 - 12:06pm
San Francisco-based fintech Ripple is expanding its global regulatory team and will reportedly become the first major blockchain firm with a dedicated business office in Washington, D.C. The move is designed to tackle compliance issues facing crypto innovators in the banking industry as new blockchain-based platforms that introduce revolutionary...
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Big Pivot? David Marcus Says Facebook’s Crypto Project Could Change Course (dailyhodl.com) 10/22/2019 - 10:15am
Libra appears to be in the midst of a reversal. After coping with an onslaught of criticism over its controversial cryptocurrency project, Facebook is weighing another path. Instead of creating an entirely new stablecoin backed by a basket of different currencies, the social media giant is suggesting that it could use cryptocurrencies based on the...
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Not Just Bitcoin: Crypto Giant Says Big Money Betting on ETH, XRP, BCH, LTC, XLM, ETC and ZEN (dailyhodl.com) 10/22/2019 - 9:01am
Grayscale’s institutional investors are increasingly looking to gain exposure to the altcoin market. Rayhaneh Sharif-Askary, the company’s director of sales and business development, tells BlockTV that Grayscale’s third-quarter numbers demonstrate a growing interest in the firm’s altcoin trusts, which include Ethereum, XRP, Bitcoin Cash, Litecoin...
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Bitcoin Supporter Kim Dotcom Says Crypto Is True Financial Freedom, Calls Global Economy a ‘House of Cards’ (dailyhodl.com) 10/22/2019 - 4:23am
In a new episode of Ivan on Tech, Kim Dotcom, internet entrepreneur and founder of Megaupload, the controversial online services provider for file storage and viewing, recounts how the United States Department of Justice shut down his operations in 2012. In the year following the initial raid on his office, the New Zealand resident relaunched […]...
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Bitcoin Whale Drains Crypto Wallet in Huge 12,474 BTC Transfer – Plus Ripple, XRP, Ethereum, Tron, IOST (dailyhodl.com) 10/22/2019 - 3:02am
From a giant Bitcoin whale sighting to the battle for decentralized app supremacy, here’s a look at some of the stories breaking in the world of crypto. Bitcoin An anonymous Bitcoin whale just moved a colossal amount of crypto – draining a wallet in a matter of minutes. The whale sent a total of three […] The post Bitcoin Whale Drains Crypto...
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Economic Inequality Triggers Chaos and Violence in Chile: Multiple Deaths, Trains Torched, Banks Closed, Buildings Burned (dailyhodl.com) 10/22/2019 - 12:19am
Protests in Chile have boiled over into violent clashes with 11 people killed at the hands of security forces, confirms Reuters. Demonstrations turned violent on Friday as civil unrest broke out across Santiago in response to price hikes for public transportation and utilities. Chileans are protesting widespread economic inequality and low wages...
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Banking Scandals, Money Printing and the Anti-Bribery Standard: A Strategic Approach in the Fight Against Corruption (ISO 37001) (dailyhodl.com) 10/21/2019 - 10:15pm
The fiduciary industry has found its strategic tool in the fight against corruption: the ISO 37001 anti-bribery standard. Last year it was disclosed that Reserve Bank of Australia (RBA) subsidiaries Securency and Note Printing Australia were fined a combined $21 million over corruption charges in 2012. The sanctions are related to bribe payments...
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Bloomberg: Key Bitcoin Indicator Suggests BTC Breakout Incoming (dailyhodl.com) 10/21/2019 - 4:01pm
Bitcoin’s trademark volatility may be about to return in a big way. The Trading Envelope indicator, which tracks upper and lower bounds to determine when assets are overbought or oversold, suggests Bitcoin is poised to break out. According to Bloomberg, the direction of the breakout is unclear, but the last time the indicator was in […] The post...
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High-Profile Republican ‘Troubled by Government Monopoly on Currency’ Launching New Crypto to Compete With Central Banks (dailyhodl.com) 10/21/2019 - 2:58pm
President Trump’s former pick for the Federal Reserve is launching a stablecoin to compete with central banks. Economist Stephen Moore, who failed to clinch the Fed nomination, is expected to formally announce his new cryptocurrency, dubbed “Frax”, tomorrow. According to a report by Forbes, Frax will be pegged to the US dollar. Moore says his […]...
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Extreme Caution: Binance CEO Says New Feature Is Not for Crypto Newbies (dailyhodl.com) 10/21/2019 - 1:15pm
Binance is jacking up the leverage allowances on its futures platform to 125x and CEO Changpeng Zhao says new traders should be wary. The exchange officially launched its futures platform in September and subsequently rolled out the larger leverage options. “Traders are able to select any leverage from 125x to 1x and larger positions will […] The...
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Crypto Will Power Real Estate Portfolio Worth $1 Billion, Landmark London Hotel to Be Tokenized (dailyhodl.com) 10/21/2019 - 12:00pm
According to proptech firm Liquefy, an award-winning luxury hotel situated in London’s affluent Mayfair district is being tokenized. The technology provider will allow people to purchase tokenized securities backed by the property. According to the company’s press release, the landmark hotel is located in a redeveloped historic building with views...
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Ripple and XRP Caught in the Crossfire? Brad Garlinghouse Says Libra Backlash Has Him Worried (dailyhodl.com) 10/21/2019 - 10:15am
Ripple CEO Brad Garlinghouse is offering his take on Facebook’s Libra. At a summit in Menlo Park, California hosted by The Information, Garlinghouse said he thinks Facebook was too brash in the big reveal of its Libra white paper. “I think that the way they approached it demonstrated, frankly, [from] my point of view, arrogance […] The post Ripple...
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Cross-Border Payments Market on Fire in India As Billionaire Reportedly Seeks $2,000,000,000 for Massive Fintech Strategy (dailyhodl.com) 10/21/2019 - 9:10am
The payments market is heating up in India. The country’s top online financial services firm is moving fast to tackle a deluge of rivals in the cross-border payments industry. According to a report by Bloomberg, Paytm, India’s largest digital payments brand, is on track to secure $2 billion in new financing. Paytm founder and billionaire […] The...
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Bitcoin Warning From Crypto ‘Whale Whisperer’ Goes Viral – Plus Ripple, XRP, Ethereum and Cardano (dailyhodl.com) 10/21/2019 - 3:05am
From a bearish Bitcoin prediction to new stats on Ripple’s use of XRP and a bird’s-eye view of Cardano, here’s a look at some of the stories breaking in the world of crypto. Bitcoin A prominent Bitcoin analyst has surfaced after a nearly two-month hiatus, sending a warning to his fellow traders. In a new […] The post Bitcoin Warning From Crypto ‘...
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Does Bitcoin Need Libra? (dailyhodl.com) 10/20/2019 - 2:20pm
What does Libra skepticism tell you about Bitcoin? Overview Facebook’s dream of being a cryptocurrency giant seems becoming more unrealizable by the day, as the increasing regulatory uncertainty is seemingly jeopardizing the company’s Libra project. While it seems that Libra has been surrounded by everything but good news even before it’s born,...
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US-Headquartered Bitcoin and Crypto Operator Abruptly Halts Service in Venezuela and 30 Other Countries (dailyhodl.com) 10/20/2019 - 11:54am
Bittrex International, the Malta-based international division of US-headquartered digital asset exchange Bittrex, is halting operations in Venezuela and 30 other nations. Bittrex’s management is alerting customers and says the exchange will suspend accounts and trading activity on October 29, 2019. Bittrex users are being asked to withdraw their...
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Ripple Outlines First Use Case for XRP and Crypto, Warns US Regulators Could Push Innovation Overseas (dailyhodl.com) 10/20/2019 - 9:15am
Ripple says a lack of clear regulation on crypto assets could trigger an exodus of tech talent away from the US. In a new piece on blockchain innovation, Ripple’s head of global institutional markets, Breanne Madigan, says the first clear use case for XRP and cryptocurrencies is in the payments industry. “At Ripple, we see […] The post Ripple...
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HTC’s New ‘CryptoPhone’ Unleashes Potential for Hundreds of Thousands to Join the Bitcoin Network (dailyhodl.com) 10/20/2019 - 4:15am
Taiwanese electronics giant HTC launched its new “cryptophone” at Berlin’s Lightning conference this weekend. The new device comes with a built-in hardware wallet that allows users to store, exchange, send, receive, buy and sell major cryptocurrencies. Unlike other blockchain smartphones, HTC says the Exodus 1s can hold all the transactions in the...
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Crypto Analyst Who Called Bitcoin Boom to $1 Million Issues Alert – Plus Ripple, XRP and Ethereum Update (dailyhodl.com) 10/20/2019 - 3:02am
From an update to a popular Bitcoin prediction model to pushback from Ripple on its sales of XRP, here’s a look at some of the stories breaking in the world of crypto. Bitcoin The first analyst to apply the stock-to-flow ratio to Bitcoin has pinpointed a key date that will show whether the model is […] The post Crypto Analyst Who Called Bitcoin...
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G7 Leaders Target Bitcoin, Formulate Potential Threats of Stablecoins (dailyhodl.com) 10/19/2019 - 4:30pm
The G7 has released a new 37-page report on cryptocurrencies entitled, “Investigating the impact of global stablecoins.” The international intergovernmental economic organization is comprised of the seven largest advanced economies in the world, as designated by the International Monetary Fund. They are Canada, France, Germany, Italy, Japan, the...
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Bitcoin Critic Jamie Dimon Expects Facebook’s Crypto Project to Vanish, Says JP Morgan Coin Is ‘Really Stable’ (dailyhodl.com) 10/19/2019 - 2:20pm
JP Morgan’s Jamie Dimon, the chief executive officer of the largest bank in the US, thinks Libra will never happen. Despite Facebook’s steady efforts to get its controversial digital asset Libra off the ground, Dimon calls it a moot point. Speaking on a panel in Washington, D.C. hosted by the Institute of International Finance on […] The post...
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World First? Bitcoin and Crypto-Friendly Drive-Thru Accepts BTC, Litecoin, and Binance Coin (dailyhodl.com) 10/19/2019 - 11:31am
Perhaps it’s a world first. The team at TravelbyBit, an online travel booking platform for people who want to use cryptocurrencies to pay for flights, accommodations, meals and retail items while traveling around the world, is showing off an instant meal purchase using Bitcoin. Zipping through the Origin Kebab Eagleby Drive-Thru in Queensland,...
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Could the Rise in Cryptocurrencies Lead to De-dollarization? (dailyhodl.com) 10/19/2019 - 10:26am
It’s a currency that’s well known worldwide, and today the US dollar stands as the most dominant currency when it comes to allocated world reserves. The dollar’s status as a global currency means it’s widely accepted and preferred for use when it comes to trade and international transactions. According to recent findings by the International […]...
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Ripple Slashes XRP Sales in Q3 – Selling $66,240,000 in Crypto to Institutions and Exchanges (dailyhodl.com) 10/19/2019 - 4:54am
Ripple dramatically reduced the amount of XRP it sold in the third quarter of 2019. In its lastest Q3 XRP Markets Report, Ripple says it sold $66.24 million compared to $251.51 million in the second quarter. Ripple sells portions of its XRP holdings to institutions and programmatically on crypto exchanges. Here’s a breakdown of Ripple’s […] The...
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Asian Investors Dive in As Boston-Based Firm Parts Ways With Crypto Acquisition, Citing Challenges in the US (dailyhodl.com) 10/19/2019 - 4:15am
Cryptocurrency trading platform Poloniex is spinning out from Boston-based financial services firm Circle which had acquired the exchange just last year for a reported $400 million. An Asian investment group has stepped in to acquire Poloniex. According to reports, the new investors plan to spend $100 million to develop a new exchange with...
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Bitcoin and XRP Whales Move $139 Million in Crypto As Market Momentum Shifts – Plus Updates on Ripple, Ethereum and Stellar (dailyhodl.com) 10/19/2019 - 3:02am
From a surge in Bitcoin and XRP whale activity to an engineering hunt at Stellar, here are some of the stories breaking in the world of crypto. Bitcoin and XRP Bitcoin and XRP whales are moving millions in crypto as the market turns red. In the last 24 hours, a group of big-time BTC holders […] The post Bitcoin and XRP Whales Move $139 Million in...
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‘I Heard You Shot Bitcoin Down. And That Ain’t Cool,’ Says eToro Crypto Analyst in Open Letter to Bloomberg Anchor (dailyhodl.com) 10/18/2019 - 2:00pm
‘I Heard You Shot Bitcoin Down. And That Ain’t Cool,’ Says eToro Crypto Analyst in Open Letter to Bloomberg Anchor Hey Joe… I heard you shot Bitcoin down. And that ain’t cool. For those of you who don’t know, Joe Weisenthal is one of Bloomberg TV’s most talented anchors. He has 180,000 followers on Twitter […] The post ‘I Heard You Shot Bitcoin...
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Breakthrough: Powerful US Regulator Is Pro-Bitcoin and Crypto, Says Ethereum Futures and Derivatives Are on the Horizon (dailyhodl.com) 10/18/2019 - 1:33pm
The new Chairman of the U.S. Commodities Futures Trading Commission (CFTC) is a major advocate for crypto assets and blockchain technology. In his inaugural interview at the Yahoo Finance All Markets Summit in New York, Heath Tarbert says he thinks regulated Ethereum futures and derivatives will begin launching soon. He believes the move is the...
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Multi Trillion-Dollar Asset Manager Fidelity Ramps Up Bitcoin and Crypto Custody Business (dailyhodl.com) 10/18/2019 - 12:38pm
Boston-based Fidelity Investments, a multinational financial services firm with $2.8 trillion in assets under management, is ramping up its custody and trading services for crypto assets. The Bitcoin-friendly powerhouse first started mining BTC in 2014 by setting up a $200,000 crypto mining facility “just for fun” and turning it into a profit...
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Bitcoin Billionaire Says There Are Now 17,000,000,000,000 Reasons to Buy BTC (dailyhodl.com) 10/18/2019 - 10:16am
Gemini co-founder Cameron Winklevoss thinks the skyrocketing level of global stock held in negative interest bonds is a boon for Bitcoin. Winklevoss and his twin Tyler became billionaires by buying into BTC early, when it was worth around $8.00. Cameron thinks it’s still smart to invest in the currency, in part due to the some […] The post Bitcoin...
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Cardano Leaps Into the Mainstream With New Balance in First Commercial Deployment of Its Blockchain (dailyhodl.com) 10/18/2019 - 8:55am
Cardano is jumping into the retail game with the launch of a blockchain test pilot for footwear giant New Balance. Developed by IOHK, the company behind the decentralized public blockchain Cardano, the pilot program is designed to track the authenticity of the brand’s newest basketball shoe. Cardano, a leading blockchain, will allow customers and...
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Ripple CEO: Bitcoin, XRP and Crypto Won’t Hit Mass Adoption As Currencies Anytime Soon (dailyhodl.com) 10/18/2019 - 4:15am
Ripple CEO Brad Garlinghouse says he doesn’t think cryptocurrencies like Bitcoin and XRP will be used by the average consumer anytime soon. In a new interview at The Economic Club of New York, Garlinghouse says he thinks the primary initial use case for crypto assets will be in the world of enterprise cross-border payments. But […] The post Ripple...
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Bitcoin Is Heading to $70,000 and Naysayers Can Stay Out, Says Crypto Analyst – Plus Updates on Ripple and XRP, Ethereum and Litecoin (dailyhodl.com) 10/18/2019 - 3:02am
From a bullish outlook on Bitcoin’s trajectory to new adoption for Ethereum and XRP, here’s a look at some of the stories breaking in the world of crypto. Bitcoin Technical analyst and manager of The Active Investor service on Seeking Alpha, Brian Fletcher, says Bitcoin is moving through an Elliott Wave pattern as expected, and […] The post...
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President Trump’s Turkey Letter, Ton’s of Fun and the Tie: eToro Market Update (dailyhodl.com) 10/17/2019 - 11:40pm
President Trump’s Turkey Letter, Ton’s of Fun and the Tie: eToro Market Update Hi Everyone, Wie schrijft, die blijft… An old Dutch saying that I picked up yesterday. It means literally “who writes, stays.” The origin seems to be from sports. Meaning, the player that is keeping score will always manage to stay in the […] The post President Trump’s...
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Salary in Crypto: Yes or No? (dailyhodl.com) 10/17/2019 - 10:36pm
Looking into New Zealand’s recent substantial movement in the crypto sphere While many are skeptical about crypto, the adoption of cryptocurrency has been evolving and progressing. In particular, crypto payment adoption is getting promising. Adoption of crypto payments A surge in the number of companies accepting Bitcoin as payment, including tech...
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Bitcoin and Crypto Clash: Roubini, Wright, Pierce, Lee and Vays Debate the Future of Money (dailyhodl.com) 10/17/2019 - 4:31pm
A panel of some of Bitcoin’s biggest proponents and detractors has wrapped up at the CC Forum conference in London. Nouriel Roubini, Brock Pierce, Bobby Lee, Tone Vays and Craig Wright debated the future of Bitcoin, altcoins, fintech and finance. Roubini began the conference with a bang, offering his signature take on Bitcoin and blockchain […]...
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Million-Dollar Ripple Initiative Aims to Make XRP and Blockchain Like ‘Amazon Web Services for Money’ (dailyhodl.com) 10/17/2019 - 2:04pm
The head of Ripple’s fundraising arm Xpring says the company is shifting its focus to directly help developers build on blockchain, crypto and XRP. Ethan Beard tells Forbes that Xpring’s new platform for developers is designed to give companies tools to easily integrate crypto-based payment solutions, similar to the way Amazon Web Services (AWS)...
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Telegram Eyes Deal With TON Blockchain and Crypto Investors Following Restraining Order From SEC (dailyhodl.com) 10/17/2019 - 1:00pm
Encrypted messaging giant Telegram is reportedly postponing the launch of its TON blockchain platform. The Telegram Open Network (TON) is designed to enable instant payments and host decentralized applications. Telegram notified investors that the TON mainnet was now scheduled to go live on April 30, 2020, instead of October 30, 2019. According to...
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Stablecoins Catch Fire: Residents of Bermuda Can Now Pay Taxes in Coinbase-backed Crypto (dailyhodl.com) 10/17/2019 - 12:05pm
The government of Bermuda has announced that it will now accept cryptocurrency for tax payments. In addition to taxes, Bermuda’s 65,000 residents will be able to pay for fees and other government services using USD Coin (USDC). The USD-backed stablecoin is pegged 1:1 with the US dollar. It was developed by the Coinbase-backed CENTRE Consortium...
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