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Pantera CEO: Bitcoin Could Peak at $115k Following Halving

5 May 2020 2 minute read comments Abhi K

CEO Dan Morehead's letter to investors indicates strong optimism for Bitcoin States that potential price could possibly reach over $100,000 following halving Bitcoin showing resilience on a macro level Pantera Capital CEO Dan Morehead, in a letter...

Ripple Co-Founder Sold 1.8M of XRP Daily in April

4 May 2020 1 minute read comments Abhi K

Whale Alert on May 1 tweeted that Jed McCaleb, co-founder of Ripple, Mt.Gox and Stellar, sold nearly 55 million XRP in April, as proven by the activity stemming from his wallet. The total sum amounts to $11.7 million. Still in possession of over 4 bi...

Tezos Blockchain Integrates Chainlink

4 May 2020 1 minute read comments Abhi K

Tezos community projects Smart Chain Arena and Cryptonomic will use Chainlink's oracles Applications will include Decentralized Finance (DeFi) Collaborations marks yet more interest in Chainlink's oracle services Chainlink (LINK) on April 30 announ...

MakerDAO's Wrapped Bitcoin Makes it Possible to Generate DAI from Bitcoin

4 May 2020 1 minute read comments Abhi K

The MakerDAO governance voted in favor of supporting Bitcoin's addition  Bitcoin becomes 4th asset capable of generating DAI Wrapped Bitcoin (wBTC) expected to increase liquidity for DeFi  On May 3, the MakerDAO’s governance community voted in favo...

Ripple's Q1 2020 Sales Suffers 87% Drop from Q4 2019

4 May 2020 1 minute read comments Abhi K

Sales have declined by 87% since Q4 2019 Ripple's current focus has been to build utility and liquidity Average XRP daily volume has increased to $322 million from $187 million last quarter Ripple released its XRP sales report for Q1 2020 on April...

Coinbase Partially Goes Down Amid Bitcoin $9000 Rally

30 Apr 2020 1 minute read comments Abhi K

With only roughly 2 weeks left before the halving arrives, Bitcoin (BTC) surged past $9000 on April 30 for the first time since March 7, 2020. It currently trades at roughly $8950 - and as more investors are getting into the market in anticipation of...

YouTube Suspends Ripple CTO’s Channel

30 Apr 2020 1 minute read comments Abhi K

In a tweet posted on April 29, Ripple’s Chief Technology Officer (CTO) David Schwartz has revealed that he has had his YouTube channel suspended for impersonation, For the moment, Schwartz has uploaded some of his videos to the Cinnamon platform, wh...

Telegram Delays TON Launch Again, Ready to Refund up to 72% of Each Investor's Funds

30 Apr 2020 1 minute read comments Abhi K

Messaging app Telegram has decided to return up to 72% of each investor’s stake, according to a letter published on April 30. Telegram has also decided to postpone the launch of the Telegram Open Netwok (TON) network, the second time it has delayed t...

Nasdaq and R3 Partner to Help Institutions Build Digital Asset Marketplaces

30 Apr 2020 1 minute read comments Abhi K

New York City-based stock exchange Nasdaq will partner with blockchain technology company R3 with the purpose of helping financial institutions build their own digital asset marketplaces, according to a press release published by R3 on April 29. The...

Analyst Peter Brandt Compares Tether to a 'Nigerian Trinket'

30 Apr 2020 1 minute read comments Abhi K

Prominent market analyst Peter Brandt, who has in recent times quickly become a go-to source for regular cryptocurrency market investors, has compared the Tether (USDT) stablecoin to the ‘Nigerian trinket’, saying that “it is about as safe as holding...