After Ripple Labs, payments giant MoneyGram is the latest to find itself at the end of a legal entanglement, with a class-action lawsuit filed on the 1st of March claiming that MoneyGram misrepresented its relationship with Ripple, and by extension, XRP. The lawsuit in question, filed on behalf of purchasers of the securities of MoneyGramContinue reading “MoneyGram under fire: Lawsuit alleges false statements made about XRP”

While it’s been a good few months for Bitcoin and the cryptocurrency market, the asset class continues to surf the eye of the storm. The same was evidenced by Janet Yellen’s recent comments on Bitcoin, with the Treasury Secretary asserting that “extremely inefficient” Bitcoin is often used for illicit transactions by many. In fact, justContinue reading “Bitcoin ‘brings something significantly different to portfolios:’ Ruffer”

Over the past few weeks and months, Miami and Mayor Francis Suarez have been working towards positioning the city as the country’s premier crypto-hub. “We want to be one of the most crypto-forward and technological cities in the country,” Suarez had said in a recent interview, with the comments coming on the back of reportsContinue reading “Miami Mayor dismisses Treasury Secretary Yellen’s criticism of Bitcoin”

A few days after FD7 Ventures, a Dubai-based crypto-investment fund, made news after it announced its decision to sell its Bitcoin holdings worth $750M to buy more Cardano and Polkadot, the fund is in the headlines again. According to a press release, FD7 Ventures has now launched a $250M Micro-Fund in India to invest inContinue reading “FD7 Ventures launches $250M Micro-Fund in India for Cardano, Polkadot-based projects”

Binance Coin has risen exponentially this year, with BNB’s hike yet another feather in the cap of the world’s biggest crypto-exchange. Of late, however, it isn’t the exchange or the token that is grabbing the most eyeballs. Instead, it is Binance Smart Chain, a “high-performance blockchain with emphasis on smart contracts programmability.” Consider this –Continue reading “Ethereum, Binance Smart Chain, and the waning belief in decentralization”

Thanks to the likes of MicroStrategy, PayPal, and yes, Elon Musk, Bitcoin and cryptocurrencies have increasingly become an important part of the mainstream financial market. However, acceptance and recognition don’t always mean adoption, with the same evident when adoption stats from around the world are looked into. The United Kingdom is a case in point,Continue reading “Generation Bitcoin is still on course”

While Bitcoin, the world’s largest cryptocurrency, does have an overwhelming influence on the performance of the market’s alts, the said influence isn’t uniform or consistent in any way. This was evidenced by the price movements of alts such as Tron, Synthetix, and Crypto.com Coin over the last 7 days. Tron [TRX] Tron [TRX], the cryptocurrencyContinue reading “Tron, Synthetix, Crypto.com Coin Price Analysis: 25 February”

Thanks to Bitcoin’s drop from over $58,000 to under $50,000 a few days ago, the price-performance across the altcoin market has been strikingly similar. The likes of Binance Coin, STEEM, and VeChain all followed suit as the world’s largest cryptocurrency dipped on the charts, with each of them looking to tag along with Bitcoin’s recovery,Continue reading “Binance Coin, STEEM, VeChain Price Analysis: 25 February”

Bitcoin’s strong correlation with the rest of the altcoin market was in full display over the last few days. When the world’s largest cryptocurrency plunged down the charts after hitting an ATH, so did the market’s alts. With BTC starting to recover somewhat at press time, cryptocurrencies like Dash and IOTA were also beginning toContinue reading “Tezos, IOTA, Dash Price Analysis: 25 February”

State Bank of India, the country’s largest bank, is in the news today after a report by the Economic Times revealed that the country has joined JP Morgan’s much-hyped blockchain payments network. SBI’s tie-up with JP Morgan’s Liink (Not to be confused with LINK) is likely to help in cutting customers’ transaction costs and cross-borderContinue reading “SBI, India’s largest bank, integrates JP Morgan’s blockchain solution”

It’s a good time to be a participant in the crypto-market. Not only did Bitcoin, the world’s largest cryptocurrency, hike to touch yet another ATH on the charts, but its market cap also breached the $1 trillion mark yesterday, a level that was unimaginable just over two months ago. What has contributed to such aContinue reading “Why MicroStrategy and other institutions don’t regret their Bitcoin buys”

Traditionally, thanks to their high correlation stats with Bitcoin, altcoins have often mirrored the world’s largest crypto’s movements. However, that hasn’t exactly been the case for all cryptocurrencies, most notably, the likes of Polkadot, Cosmos, and IOTA, especially off late. Polkadot [DOT] It’s been a good year if you’re a DOT holder. While the yearContinue reading “Polkadot, Cosmos, IOTA Price Analysis: 20 February”