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Ripple’s XRP token has gained more than 10% in just the last three days which has caused traders to turn bullish on the XRP/BTC pair.
While the plaintiffs claim that it would be “premature” to calculate damage inflicted by Tether and Bitfinex, they have estimated that the defendant’s liability likely surpasses a whopping $1.4 trillion.
Bitcoin price goes below $8,000 for the first time in months. Major altcoins, however, still seem to be unaffected by BTC price fall, as they show mixed reactions.
Intercontinental Exchange has completed the first block trade of Bakkt Bitcoin futures contracts which was executed between digital assets merchant bank Galaxy Digital and crypto investment firm XBTO.
PayPal was the only company noticeably absent at the recently held Libra Association meeting. The payment giant is reportedly planning to quit Facebook’s project to keep its hands clean of regulatory dirt.
Facebook has yet again released another Snapchat copycat app. Another one of many attempts and amidst its antitrust case with the FTC, this one has affected Snapchat noticeably, causing a drop in SNAP stock.
Apple’s Tim Cook has snubbed-off any plans to launch any cryptocurrency. He said that currency matters best belong to government and regulators and private organizations should stay away from it.
Taboola and Outbrain are finally coming together in a cash-equity deal under the Taboola brand. The deal, announced today, will give Outbrain’s shareholders $250 million along with 30% ownership in Taboola.
Gold continues to be the safe haven for global investors when it comes to parking their money in secure assets. Bitcoin, on the other hand, has failed to win the trust of big investors at this stage.
Two U.S. Congressmen have written to the Federal Reserve, on the possibility of tokenizing the dollar. The Congressmen believe that such a move is inevitable.
The Libra Association mentions four key milestone to be achieved before the mainnet launch. The focus is to get at least 100 partners working as operating nodes on the Libra network.
The Internet of Value (IoV) vision has driven Ripple to establishing initiatives like Xpring, designed to become a global network for developers. Now the company announced the opening of the platform.
Microsoft announced a new Android-based foldable smartphone, a foldable laptop running Windows 10X, earbuds and other offerings – all within its Surface line of devices.
Samsung has ended mobile telephone production in China hurt by competition from domestic rivals in the world’s biggest smartphone market.The shutdown of last China phone factory comes after it cut production in the last two factories.
Bakkt platform was finally launched in September 2019 only to be greeted by a very lukewarm response from investors but analysts from Oppenheimer & Co think that it is too early to write it off.