It comes only a year after Ripple announced its partnership with MoneyGram getting a 17% stake in the company’s outstanding shares. Over the last year, Ripple has reportedly paid around $52 million to MoneyGram.
The PlusToken Ponzi scheme is reported to have begun back in May 2018 and advertised a non-existent crypto arbitrage trading platform.
The rise of the DeFi sector has brought a lot of new projects to the attention of the crypto community, as DeFi aims to offer decentralized banking services, particularly targeting the unbanked and underbanked.
According to the report, the yet to be launched Libra will have a single coin backed 1:1 by the US dollar.
Analysts are hopeful that Bitcoin’s and the overall cryptocurrency market fundamentals are more powerful than ever before. The latest market correction provides fresh opportunities for investors to take long-term positions.
Polkadex has created a fully decentralized order book that can match major exchanges in terms of speed, and also ensures that the blockchain is engaged at the optimum level for trading speed.
Five weeks ago, OKEx suspended all account withdrawals after one of the key holders was detained by the police to assist in the investigation.
Coinbase CEO Brian Armstrong also explained the reverse effects of the rumored regulation.
James Emmett, Libra Networks Managing Director, is convinced that the expertise of Saumya Bhavsar will be crucial in launching and managing the permissioned blockchain-based payment system.
Money On Chain and RSK are further making the case for BTC being the hub around which defi revolves, the future is looking bright for Bitcoin.
The rally in the crypto-market undergoes as Bitcoin is only a few hundred dollars away from hitting its all time high. Bitcoin dominance is dropping drastically since November 18 providing enough space and volumes for the boost of altcoins. This week only Bitcoin dominance is down to 3.35%.
The Bank of Japan noted last month that initiatives to test its digital yen currency are underway.
Crypto Banter, the world’s first crypto news live streaming platform, has gone live prior to the 2021 bull market. For a long time, the global crypto market lacked a media outlet that never sleeps but continuously caters to the rapidly growing crypto enthusiasts’ needs.
Acknowledging that the guidance is necessary for protecting customers in the US, Coinbase added that the company hopes to help the commission achieve the goal.
Bitcoin and XRP are not the only currencies whose price has shown such performance. Other altcoins like Ethereum (ETH), Chainlink (LINK) are on a steady rise as well.