Blockchain 

Ripple Announces New Partnership with UK Remittance Firm

Ripple, the world’s third-largest cryptocurrency by market cap, has announced a new partnership with UK remittance firm Xendpay. The London-based firm will now become a part of Ripple’s global settlement platform, RippleNet, according to a press release issued today. Joining RippleNet will now allow Xendpay access to markets in Bangladesh, Malaysia, the Philippines, Vietnam, Indonesia, and Thailand. Xendpay is a money transfer platform that is popular among migrant communities as it allows them to repatriate funds while, crucially, giving them the option to waive transfer fees through its Pay What You…

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Blockchain 

2019 Review | Chainlink (LINK) Leads, Bitcoin Stands in 6th Position

After having been in the middle of a directionless muddle for much of 2018, Bitcoin came back with a vengeance this year and went on an excellent rally that took it back to heights that had last been scaled back in 2017. Bitcoin is the biggest cryptocurrency in the world by market cap and it is the token that ultimately decides the health of the market. However, it would come as a surprise to many that Bitcoin is in fact not the biggest gainer in 2019 so far. While no…

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Blockchain 

Cryptocurrency Exchange Deribit Launches Bulk Derivatives Trading

Ever since cryptocurrencies became one of the world’s best known digital assets, there has been widespread talk about creating derivatives backed by the leading ones. However, it never really came about due to regulatory issues and lack of popular demand. The climate has changed significantly over the past year or so and slowly but steadily, many crypto firms have been able to secure permission from the regulators to offer derivatives to their customers. Deribit is one of the few exchanges that is almost solely engaged in dealing in crypto futures,…

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Blockchain 

Ethereum Bull Run Over | Will Bearish Market Be Like Bitcoin’s 2014/15?

Last week, Ethereum (ETH) dropped below $200, which led some to believe that cryptocurrency’s bull market is over. Placeholder partner and crypto investor Chris Burniske feels that ETH is experiencing its first bear market, synonymous to what Bitcoin (BTC) went through in 2014/15. Burniske noted that 2014/15 was one of the best periods to consider investing in Bitcoin. He adds that the cryptocurrency’s momentum was definitive regardless of the bearish price action. He says what happened then to Bitcoin is happening now to ETH. Ethereum Still Faces Unresolved Issues Yesterday,…

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Blockchain 

SmallCapFunding.com is Live | Standard Uranium is Portal’s First Issuer

VANCOUVER, August 22, 2019 – Market Jar Media Inc. (“Market Jar”) is pleased to announce the launch of SmallCapFunding.com (“SmallCapFunding”), an equity crowdfunding portal that connects startup companies with investors in British Columbia, Manitoba, Saskatchewan, Nova Scotia and New Brunswick. With a focus on providing non-accredited investors with extraordinary opportunities, SmallCapFunding connects seed-stage startup companies looking to raise up to $250,000. SmallCapFunding provides funding portal access to businesses and investors to navigate and participate in new equity crowdfunding rules within the Canadian capital-raising ecosystem. Startup or early-stage businesses can raise…

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Blockchain 

Tether to Launch Stablecoin Pegged to Chinese Yuan

Controversial crypto platform Tether is planning on launching a Chinese Yuan-pegged stablecoin, according to reports in China today. Tether’s Fourth Stablecoin The stablecoin, which will be known as CNHT, will be the fourth stablecoin in Tether’s portfolio after ones backed to the US dollar (USDT), Euro (EURT) and the Japanese Yen (JPYT). The company’s plans were revealed by Zhao Dong, a shareholder in Bitfinex, which shares the same senior personnel as Tether, via Chinese social media platform WeChat. Dong also said that his peer-to-peer crypto lending company, RenrenBit, will support…

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Blockchain 

Bitcoin Slumps as Facebook’s Libra Continues to Get Heavy Criticism

Bitcoin is taking a hit this morning and fell over 8% to below $9,800. Here is the key driver. Tech giant Facebook (NASDAQ:FB) announced in June that it was going to launch its own cryptocurrency named Libra and ever since the announcement, the crypto market has been in a bit of turmoil. It attracted attention from top regulators in the United States and even the United States President Donald Trump criticized the project in one of his tweets. The uncertainty resulted in fluctuations in the price of Bitcoin and affected the…

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Blockchain 

Ripple (XRP) is Correcting from Highs

One of the cryptocurrencies that has quietly become one of the strongest tokens is XRP. Much of the credit for it perhaps goes to the company Ripple, which manages the cryptocurrency and has managed to sign significant deals that have XRP at its center. It has signed plenty of deals over the years, and that makes it possible to look upon XRP as a cryptocurrency which has a use case. Some leading financial institutions are conducting pilot tests on the product while money transfer company Moneygram has already announced a…

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Blockchain 

Ethereum (ETH) to Fall 20%? Altcoin Capitulation Expected in Two Weeks

In the past few days, the altcoin market has taken a beating with major cryptocurrency assets such as Ethereum (ETH) and Ripple (XRP) dropping to fresh lows. This has caused widespread panic in the industry, and many crypto investors are beginning to believe that a bottom for altcoins will be set. Ethereum to Fall 20% Further: Analyst Thoughts However, one cryptocurrency analyst sees Ethereum dropping even more by over 20% and that the real altcoin capitulation will begin in two weeks. Ethereum has lost significantly since the ICO boom that…

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Blockchain 

Victory Square Technologies Reports 2018 Year End Results And Files CEO Letter to Shareholders

Results show significant increases in Revenue, Investments, Cash and Working Capital Year highlighted by investment and acquisition of 11 new private companies in 2018 $10,000,000 convertible note to build, develop and create long-term value for portfolio companies and VST shareholders. VANCOUVER, British Columbia, Aug. 21, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) successfully filed its annual consolidated financial statements for 2018 along with its MD&A on Friday, August 16th, 2019. The Company will also be filing its interim financial report and MD&A for the quarterly period ended March…

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