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Ripple Gives Away USD 263M in XRP that Lost 27% of its Value this Year


Source: iStock/isa_ozdere Xpring, Ripple’s investment vehicle, said it made a XRP 1 billion (USD 263 million) grant to the in-browser payment processing startup Coil. The goal of this grant is two-fold: drive the adoption of XRP and improve Coil’s business model so to enable the creators...

Bitcoin and Altcoins Breakdown Could Trigger Additional Losses


This week, we saw a steady decline in bitcoin price below the USD 11,200 and USD 11,000 support levels. Yesterday, we discussed the chances of bearish continuation below the USD 10,500 support area. BTC/USD did move down and fell significantly below the USD 10,000 support. Also, altcoins failed...

Norwegian Pushes Crypto Adoption Further Beyond Its Company


Stablecoins may be about to see more widespread use in traditional business as “several big suppliers” of the low-cost carrier and one of the biggest airlines in Europe, Norwegian, are reportedly positive about this alternative transaction method. As reported, Norwegian is launching its...

Bitcoin Signaling Downtrend While Altcoins Holding Ground


This week, bitcoin price declined steadily below the USD 11,500 support. Recently, there was a sharp increase in selling, resulting in a bearish break below the USD 11,200 and USD 11,000 supports. BTC/USD even broke the key USD 10,750 support and moved into a downtrend. On the other hand, most...

This Might be the Real Reason Why Coinbase UK Delisted Zcash


The UK branch of major American cryptocurrency exchange Coinbase had to change its bank and a new partner is reportedly not willing to indirectly support privacy coins, such as Zcash (ZEC). For unknown reasons, Barclays, the UK-based major bank, is no longer working with Coinbase, while...

Poloniex Begins Bitcoin Refunds to Investors Impacted by CLAM Crash


In their attempt to repay the lenders impacted by the market crash back in May, the U.S.-based cryptocurrency exchange Poloniex said it will soon start crediting trading fees to lenders. Just two months ago, the exchange, owned by major crypto company Circle, faced a backlash from the community...

An Unusual Case: ICO Project Ditches Blockchain, Buys Back its Tokens


While bitcoin and major altcoins are at risk of further declines, a small blockchain project made an unusual announcement that pushed the price of its native token up. The price of the Colu Network Local (CLN) token issued by crypto startup Colu DLT is surging after an announcement (it does...

XRP Exploit Targeted Crypto Exchanges Again


Unidentified cryptocurrency exchanges were targeted with a so-called XRP partial payment exploit today, a recently launched exchange Beaxy said, confirming that they were among the victims. The company said in an update on Twitter that it has “applied a fix” and is rolling back “relevant trades...

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