Posts

Showing posts with the label Cryptocurrency

Ripple a Cryptocurrency firm was charged by US watchdog

Image
Crypto-currency firm Ripple has been charged with conducting investments without proper licences by the US Securities and Exchange Commission The SEC asserted that Ripple's XRP token is a tradable asset, known as a security, and thus subject to its regulations. The firm argues that XRP is a currency and therefore does not have to be registered as an investment contract.  The value of XRP fell by more than 30% on the news. Digital currencies are governed by another US regulator - the Commodity Futures Trading Commission (CFTC) - which has different rules. Ripple's chief executive Brad Garlinghouse, and former chief executive Chris Larsen, have both been charged with violating the Securities Act. "We allege that Ripple and its executives failed over a period of years to satisfy [the SEC's] core investor protection provisions, and as a result, investors lacked information to which they were entitled," said Marc Berger, deputy director of the watchdog's enforceme

BREAKING NEWS: Cryptocurrency and Bitcoin Related News & Updates

Image
  www.datrekrecoverycompany.com Bitcoin Revolution BREAKING NEWS: News is at the heart of what we do. We're driven by the need to help make news serve people better, because a healthy society needs a healthy news diet. News now exists to facilitate this, by publishing headlines linking to breaking and curated news from a diverse range of credible, independent and public interest news sources. It makes it easy for people to discover content from all types of publishers, including those who are smaller and independently owned.  Also, news links to around 14,000 media brands and content creators globally, and is an important source of traffic for publishers of all types and sizes. On this platform, people can discover new publications, weigh up differing presentations of the facts and viewpoints, and challenge their preconceptions, all as they make up their own minds.  We believe this helps make society better, but huge challenges remain. We must urgently move towards a future whe

Bitcoin reaches an all-time high, above $20,000 for first time

Image
Bitcoin’s powerful rally this year crossed a major milestone on Wednesday as the world’s largest cryptocurrency smashed through $20,000 for the first time ever. Bitcoin received a major boost in October after PayPal Holdings, Inc announced the launch of a new service that allows its customers to buy, hold and sell cryptocurrencies directly from their PayPal account  Bitcoin smashed through $20,000 for the first time on Wednesday, marking a new milestone for the world’s largest and most well-known cryptocurrency. The cryptocurrency jumped 4.5 percent to move as high as $20,440. Bitcoin has experienced a powerful rally this year. It has soared more than 170 percent, driven largely by demand from big, institutional investors attracted by its potential for quick gains at a time when interest rates are near zero, as well as the cryptocurrency’s march towards becoming a mainstream method of payment. Bitcoin received a major boost in October after PayPal Holdings, Inc announced the launch of

Top 5 Blockchain and Crypto movies to watch in December 2020

Image
Bitcoin and blockchain are definitely two of the biggest innovations of the last decade or so. Chances are that even if you do not know what they are, you will have heard of them at least.  Blockchain has huge potential in various walks of life, from healthcare to insurance to banking to governance, and while it is still some time before we see it pervade all parts of our lives, these are nevertheless exciting times at the moment if you are a distributed ledger nerd. Bitcoin has become the buzzword for cryptocurrencies, which have been gaining more and more attention and traction over the last few years. PayPal, for example, will soon allow bitcoin and other cryptocurrencies to be used on its platform.  Bitcoin casino is another new innovation which has become quite popular , where players can make deposits and withdraw winnings in the form of cryptocurrencies. All of these advances show how popular cryptocurrencies have become, and the biggest example of that can be seen in popular cu

Aren’t You Glad You Kept Your Bitcoin? Don’t Sell It.

Image
  Aren’t you glad you kept that Bitcoin?  Bitcoin BULL-RUN Profit! ladies and gentlemen, we have lift off. (Photo Illustration by Mykola Tys/SOPA Images/LightRocket ... [+] SOPA IMAGES/LIGHTROCKET VIA GETTY IMAGES Even with the recent decline from its highs, coming close to $20,000, investors have been bullish. Is it going to $50,000? Nope. It’s going to $500,000, some on the Street have told me (hint: she runs a big, innovative ETF). These are the wild speculative prognostications that make Bitcoin what it is. But keep it. Even if it goes to $5,000 again. We’ve seen that what comes around, goes around. It took  over 1,000 days  since Bitcoin hit its previous all-time high, recorded in December 2017.  “We are buyers at this price as we believe Bitcoin will appreciate over the short-, medium- and long-term,”says Daniel Wolfe, fund manager at the Simoleon Long Term Value Cryptocurrency Fund, which he runs in partnership with SPRING, a Moscow-based investment firm. “Taking a three to fiv