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Manually summarised cryptocurrency news from top global sources.
Manually summarised cryptocurrency news from top global sources.
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Ripple has entered China as American Express's joint venture LianLian has been approved to process card payments in China by the government. LianLian uses Ripple’s blockchain to settle e-commerce payments in China, and also uses Ripple’s xCurrent to settle cross-border payments. AmEx uses RippleNet to render better services to Small and Medium Enterprises in payment processing.
Source: ZyCrypto
12 November, 2018
New York-based blockchain startup Carbon-12 Labs's stablecoin CarbonUSD (CUSD), launched initially on the Ethereum platform will now be available on the EOS platform. "Carbon’s interoperability solution enables CarbonUSD users to transfer their tokens onto the EOS blockchain, where users can transfer CarbonUSD with even lower fees and faster settlement than on Ethereum."
12 November, 2018
Great Lakes Science Center, in downtown Cleveland, Ohio has become the third museum in the US to accept cryptocurrencies as a payment method. The museum will accept Bitcoin as a payment method from November 13. Recently, Hublot, a Swiss luxury watchmaker, announced the sale of 210 pieces of its limited edition Bitcoin-themed sports watches for $25,000 per piece.
Source: CCN
12 November, 2018
Binance CEO Changpeng Zhao on CNBC Africa-based Crypto Trader said that though he doesn't know "which one (catalyst) will be the trigger" but “something will trigger” a bull run, “sooner or later.” He added that the arrival of institutions like Fidelity Digital Asset Services or Bakkt “may be a really strong trigger.” He also talked about ICOs.
Source: Youtube
11 November, 2018
John McAfee sticks to his predictions and says Bitcoin will surpass $1 million during 2020. He asserted that the growing number of transactions and individuals using the Bitcoin Network indicate that the true value of BTC is “escalating tremendously.” He added, the Bitcoin value at $1 million is conservative and will eventually be valued by its usage, not by speculative factors and investors.
11 November, 2018
Coinbase customers in all jurisdictions except for the state of New York can now buy, sell, send, receive, or store Basic Attention Token (BAT) at Coinbase.com and in the Coinbase Android and iOS apps. In other news, BAT has entered a new partnership with a major content publishing website that has 80 million adblocking users.
10 November, 2018
Lawmakers in the lower house of parliament in Paris have submitted an amendment to the next budget bill to cut capital gains tax on cryptocurrency sales to 30% from 36%. Once approved by both the houses, Crypto traders in France would enjoy lesser tax burden from early next year.
Source: Coindoo
10 November, 2018
US-based decentralized global lending network, Cred now provides USD loans, collateralized by XRP. XRP holders can now save their XRP without the need to sell or incur tax consequences. Cred has secured over $300 million in total credit facilities available for lending.
Source: Twitter
10 November, 2018
Stellar(XLM) has become the fourth cryptocurrency after Bitcoin, Ethereum and Bitcoin cash to be listed on UK’s Blockchain.com wallet that has nearly 30 million wallet holders. The wallet has deposited an airdrop totaling $125 million worth Stellar token (XLM) to its user platform to show full support for Stellar.
Source: ZyCrypto
8 November, 2018
XRP developer Wietse Wind is working to bring the XRP Tip Bot to Alexa, that will allow users to check their balances, and send and receive XRP by saying a few simple commands. XRP Tip Bot already running on the web, allows anyone to send XRP to people on Reddit, Twitter, and Discord.
Source: dailyhodl
8 November, 2018
Billionaire Eric Schmidt, the former chairman of Google, said, Ethereum could be a “powerful platform” whose untapped potential is off-the-charts. He believes that exciting developments are occurring with Ethereum that could revolutionize business and society. While talking about the Blockchain, he said, "it’s a great platform for private banking transactions where people don’t trust each other.”
Source: CCN
8 November, 2018
The global payments network Swift's new upgrade to the company’s new global payments platform Swift gpi led to emerging rumors about the integration of RippleNet and the XRP-powered payment solution xRapid into the SWIFT network. Swift, has, however, denied all the stories about the "Ripple – Swift partnership."
Source: Dailyhodl
8 November, 2018
Canadian crypto exchange CoinField, which uses XRP as the base currency, is now live in 61 countries. It offers 20 trading pairs against XRP and 28 against six fiat currencies- USD, CAD, EUR, GBP, JPY, AED. Its commission fees start at 0.05% (maker fee).
5 November, 2018
Bancor will now utilize decentralized application (DApp) BancorX to allow users to convert between Ethereum and EOS-based tokens, without exchanges. Bancor's Bprotocol Foundation would transfer $10 million in value to the EOS blockchain using the tool to “encourage EOS development and token liquidity, in addition to serving as a symbol of faith in the security and promise of the EOS blockchain.”
5 November, 2018
An anonymous college student from California posted on Reddit that he put $5,000 into Coinbase in 2017 and his portfolio went “all the way up to an $880,000 in December 2017.” Fall in digital currency prices, and gambling “in more than a few bad ICOs to start 2018,” has led to a current portfolio value of $125k. However, he owes around 400k in 2017 tax liability.
Source: Reddit
5 November, 2018