Cryptocurrency 

Aston Plaza | First Major Crypto-bought Real Estate on Hold

A cryptocurrency venture under construction in Dubai has reportedly been put on hold. British Baroness and multi-million dollar crypto entrepreneur, Michelle Mone, had begun a real estate project called Aston Plaza, which broke ground in 2017. However, citing government inspectors to the site, the project has stopped at only 25% completion. Aston Plaza The $325 million project consisted of two complexes making up 1,300 luxury apartments. At least 150 of those were planned to be sold in Bitcoin. This was the first major development of this size to be available…

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Blockchain 

Ripple Reports Major Growth in XRP Sales in First Quarter

American financial technology firm Ripple, which is responsible for the development of the cryptocurrency XRP, has declared its fiscal first-quarter results. The company, which was founded in 2012, is the largest holder of XRP, the third biggest cryptocurrency in the world, and is based in San Francisco, California. It has offices located around the world. The currency XRP, in itself, is decentralized. According to the Q1 2019 results, the company reported major growth in XRP sales, and that is positive news for the broader crypto market, which has been largely…

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Blockchain 

Coinbase Executive Leaves | 3 Major Departures in 6 Months

According to reports, Coinbase executive Dan Romero is stepping away from his role as vice president of international business. His departure will bring the number of executives to leave the company in the last six months to three. Another Coinbase Executive Leaves Romero announced in a Medium post earlier today that he will be leaving the crypto exchange at the end of April. He joined Coinbase in April 2014. The Coinbase executive didn’t give a specific reason for his departure but simply said he was “planning to take some time to…

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Bitcoin 

Bitcoin Rally | Cryptocurrency Makes a Comeback After Major Slump

Many in the financial world this week were claiming Bitcoin was “dead” after it hit its 2018 record lows this week. What they didn’t predict was a Bitcoin rally. On Sunday, the world’s first digital currency hit just above $3,600 a coin, which is the coin’s record-low this year. Bitcoin hadn’t seen below $3,700 since mid-September 2017, and this past week, the cryptocurrency was down almost -40% for the month. However, on Tuesday night that all began to shift. Bitcoin Rally In around 60 minutes, Bitcoin jumped up in price…

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