Your essential daily read: our featured Story of the Day highlights the most impactful development across crypto, blockchain, or regulation—curated for urgency, significance, and insight. Don’t miss what moves the market today.
Crypto market enters massive correction wiping out last week gains. Besides Bitcoin, there’s a massive sell-off seen in the altcoin space.
Recently, the XRP Community was divided among the lines of those who believe in a theory and those who don’t. The theory in question is whether XRP will reach $589 in price before the end of the year or even $10,000 one day.
Mr. Lund notes that if we continue to focus on the utility of Bitcoin (BTC), its price will surely surge northwards creating much higher liquidity to be considered by big organizations.
Mark Zuckerberg is interested in putting the Facebook login on the blockchain technology which can be used to enable users to control their data and attract software developers who don’t want to rely on corporations that can cut off users’ access.
Samsung has finally introduced its new Galaxy S10 line. The devices offer multiple innovations including its multi-layered government-grade protection platform Samsung Knox.
Saying that he believes in Bitcoin, Musk also explained why his companies are not yet involved in using and applying this technology.
Crypto markets show a major recovery adding $10 billion on Tuesday with Bitcoin approaching $4000. EOS becomes the steals the show with over 20% gains.
The overall cryptocurrency market posts steady recover on Monday with Ethereum taking the lead by surging over 10%. Take a look if today’s surge sets up the base for the long term recovery.
Brock Pierce wants Mt. Gox creditors to receive 100 percent of whatever they’re owed. He’s also fought with former Mt Gox CEO and majority shareholder Mark Karpelès on Twitter about the feasibility of his plan and whether it’s even legal.
The banking giant’s JPM Coin will be majorly used for the institutional purpose to transfer money, securities and other assets globally by leveraging the power of blockchain.
According to EY, the representative counsel should be specifically tasked with communicating with creditors and advocating on their behalf over any issues that might appear.
Nasdaq has partnered with New Zealand based Blockchain data firm Brave New Coin to add Bitcoin (BTC) and Ethereum (ETH) indexes to its family of 40,000 indexes.
Japan’s largest bank, MUFG, will collaborate with Akamai Technologies to introduce a new blockchain-based payment network in 2020.
The $40 million investment fund of Morgan Creek will major focus on crypto investments along with other blockchain startups and token-based projects.
According to Ric Edelman, the founder of Edelman Financial Engines, ETFs will eventually meet the demands of the SEC and get the Commission’s approval.