On Tuesday, the price of Ripple (XRP) spiked by 4%, indicating that it could potentially displace Ethereum to become the world’s second-biggest cryptocurrency by market cap. Indeed, this surge happened after Ripple Lab’s CEO Brad Garlinghouse restated the need for a global framework for crypto-based payments. The chief executive also engaged in a tirade against … Continue reading “Ripple (XRP) to Displace Ethereum (ETH) in Rank”
Fintech
Warren Buffett: A Billionaire U-Turn on Cryptocurrency?
Warren Buffett is on record for saying that Bitcoin is probably “rat poison squared”. He also called it a bubble and warned people not to invest in it. This seemed to be the general sentiment at his company. The Vice chairman of Berkshire, Charlie Munger is also on record for mentioning that trading in cryptocurrency … Continue reading “Warren Buffett: A Billionaire U-Turn on Cryptocurrency?”
China May Pass U.S. in Blockchain Golden Age
The U.S. and China have been engaged in a bitter rivalry. It feels more and more like a struggle for the ultimate control of the world. Consequently, this growing tension has now spilled over into the cryptocurrency and Bitcoin universe as well. The RISE technological conference held in Hong Kong only highlighted these growing strategic … Continue reading “China May Pass U.S. in Blockchain Golden Age”
Blockchain Conquering European Real Estate Markets
In Europe, blockchain tech is finding uses in real estate markets. Both private companies and public bodies ranging from the United Kingdom to Spain and Sweden are utilizing the technology. It allows them to keep a transactional digital register that is shared for all payments made in BTC and the various altcoin techs. The idea … Continue reading “Blockchain Conquering European Real Estate Markets”
Revolut a Fintech Firm Reaches to a Valuation of $1.7 Billion After Integrating Cryptocurrency
TransferWise a fintech company for many years has been allowing users to send bank payments with cheap fees and short verification periods and was one of the most dominant fintech business in Europe. Revolut surpassed TransferWise after reaching a valuation of $1.7 billion and integrating cryptocurrency. Adena Friedman the CEO of Nasdaq earlier this week … Continue reading “Revolut a Fintech Firm Reaches to a Valuation of $1.7 Billion After Integrating Cryptocurrency”