Ripple (XRP) market cap now stands at US$25 billion, third largest of all cryptocurrencies, largely based on its ~100 billion XRP supply. Unlike most cryptocurrencies XRP does not use a Proof of Work or Proof of Stake consensus algorithm but instead uses consensus. For this reason, no mining or staking...
Ripple has announced it will host Swell: The Future Is Here conference from October 16 to 18 in Toronto, Ontario, Canada, according to an email CoinReport received from The Hatch Agency, the PR firm of Ripple. The event is attracting leaders from blockchain and banking who are determined to change the way the world...
Swedish exchange Nordic Growth Market (NGM) has announced the launched of exchange-traded products tracking the value of cryptocurrencies XRP and Litecoin. Owned by Boerse Stuttgart, Germany’s second-largest stock exchange, the NGM is an authorized exchange with operations across Sweden, Norway, Denmark and Finland.
deVere Group hails 'rapid slew of indicators' for cryptocurrency uptake HMRC’s bid to claw back taxes on cryptocurrencies demonstrates the digital assets are the future of money, affirms the CEO of one of the world’s largest independent financial advisory organisations. Nigel Green, chief executive of...
Bitcoin may be set to push back to the US$20,000 mark, according to the latest analysis from Forbes. The financial research firm writes that "Bitcoin and other digital coins, or alt-coins, have likely found a bottom" and predicts that the current down trend may be about to reverse, possibly with...
Blockchain specialist Ripple has announced that more than 100 financial institutions, including banks, payments providers and more, are now using the firm's financial technology. “xVia allows us to tap into RippleNet to make international cross border payments instantly on behalf of our international corporate clients seamlessly and efficiently bringing much...
Analysing of financial patterns and movements is as old as stock exchanges themselves, but in recent decades the sophistication of these methods has grown exponentially as machine-led algorithms have exponentially improved at modelling the real world. For today’s professionals, technical and fundamental analysis has become an invaluable tool,...
Dutch banking group ING has called cryptocurrency a “significant” potential disruptor for the banking sector as it plans to focus increased investment in the space. “The key enterprise value is twofold: blockchain-based solutions will introduce efficiencies to existing processes, thereby reducing transaction times, and costs alongside improving privacy and security...
Chinese crypotcurrency exchange Huobi has registered with the U.S. Financial Crimes Enforcement Network. The move comes ahead of the money services group'splanned rollout of crypto-to-crypto trading this spring. Huobi revealed in January that it was opening an office in San Francisco to serve as the hub for its planned...
Cryptocurrency firm Ripple expects its XRP token to be used by three out of the top five money transfer companies globally by the end of the year, according to CEO Brad Garlinghouse. The bitcoin rival has seen XRP shoot up in value over the last month following a succession of deals to...