Crypto World

Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos

Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos

Announcing this week he intended to “burst” the ecosystem’s “bubble” because of “Lambos” and “to the moon, and all that,” one of the most respected thought leaders in cryptocurrency, Andreas M. Antonopoulos revealed he believes bitcoin exchange traded funds (ETFs) are “a terrible idea.” The author of The Internet of Money and the seminal Mastering Bitcoin does think bitcoin …

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Coinbase Acquires Distributed Systems to Become the Facebook of Crypto

Coinbase Acquires Distributed Systems to Become the Facebook of Crypto

In a bid to become the Facebook of the crypto sector, Coinbase, the world’s largest exchange for buying and selling digital currencies, announced the acquisition of Distributed Systems, a three-year-old startup building identity standards for dApps known as the clear protocol on August 16, 2018. The Distributed Systems team, lead by Nikhil Srinivasan, will help Coinbase to form a …

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Cryptocurrency, Concept, Altcoins

Cryptocurrency Trading Revenue Could Double Despite Market Slump

Cryptocurrency exchanges could see their revenue hit $4 billion this year, thanks to crypto trading fees. Coinbase reportedly enjoyed nearly half of last year’s $1.8 billion fee revenue pool. Revenue generated from cryptocurrency trading fees is expected to double this year, despite the cryptocurrency market’s bearish trend, according to analysts from New York-based global asset management …

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Ripple (XRP) Finds Bottom At $0.25, Price Surges On News Of ‘Partnerships

Ripple (XRP) Finds Bottom At $0.25, Price Surges On News Of ‘Partnerships

Ripple (XRP) is one of the few cryptocurrencies to have completed a correction of more than 90% since its all time high. The price has settled just above the $0.25 mark which seems to be a bottom as indicated by the Vix diagram on the above weekly chart for XRP/USD. Wave trend analysis for the chart above shows that …

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How a Tokyo FOMO Family Invested in Bitcoin and Lost

How a Tokyo FOMO Family Invested in Bitcoin and Lost

There’s an issue, in Japan, with certain high income families being unable to save money. Here’s the story of a Japanese household of four, living in the Tokyo Bay area, in a high-end tower apartment, repaying multiple loans and having unnecessary spending. Every month the household was using up their entire revenue and they couldn’t …

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Ripple (XRP) Is Putting A Stamp On Its Favorite Exchanges

Ripple (XRP) Is Putting A Stamp On Its Favorite Exchanges

Of late, Ripple has been very active in its quest to break into the global market and promote the value growth of its crypto known as XRP as well as it payment service called xRapid. On Thursday, the company made an announcement that’s bound to make quite some impact in this respect. The ledger startup announced a …

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TokenPay (TPAY) Mocks Ripple (XRP) And Neo (NEO)

TokenPay (TPAY) Mocks Ripple (XRP) And Neo (NEO)

TokenPay (TPAY) has again decided to mock Ripple (XRP) and Neo (NEO), saying the two cryptocurrencies are centralized. TokenPay, in a retweet, stated that NEO is centralized just like XRP. The retweet opined that NEO foundation controls all NEO nodes, pointing out that it is “Chinese Ethereum”. “$NEO centralized just like $XRP. The fake “Foundation” …

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Stellar Lumens (XLM) Likely To Moon In Early September

Stellar Lumens (XLM) Likely To Moon In Early September

Stellar Lumens (XLM) has been in the spotlight the last few days for its big movements.  The price has not reacted much to the recent relief rally but it appears to be all set for the next breakout. RSI conditions for Stellar Lumens (XLM) on the daily chart for XLM/USDabove are favorable as the RSI level is …

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