CBA CFO Rob Jesudason has left the bank to join Block.one, the company behind EOS coin which has recently enjoyed an increase in market capitalization. Rob Jesudason, Commonwealth Bank CFO, has resigned to join the company behind EOS, the fifth largest digital currency. Jesudason would reportedly assume the role of group president and...
The XRP Symbol project has been initiated to assign XRP tokens a Unicode-compliant currency sign. The XRP digital currency commonly referred to as the Ripple cryptocurrency in the global community looks to be set for an image makeover of its own. In a bid to assign a new logo for...
While some traditional investors try to discourage people from investing into cryptocurrencies, Mike Novogratz believes that investing in crypto is a must. Founder and CEO of Galaxy Digital Capital Management, Bitcoin bull Michael Novogratz believes that every investor should invest into cryptocurrencies. “It’s almost essential for every investor to have at least...
FOMO MomentsThe weekend witnessed more bearish pressure as the selloff continued. Total market capitalization has dipped below $400 billion but has recovered a little during Asian trade this Monday morning. There has been a very slight rebound but Bitcoin is currently trading level on the day at $8,450. This...
Despite cryptocurrencies becoming a lot more appealing, spending them is still problematic. Very few retailers accept Bitcoin or cryptocurrency payments these days. That situation is slowly coming to change. Basepay is bringing Ethereum payments to over 11 million locations, with an option to connect this particular solution to Apple...
Blockchain intelligence platform Chainanalysis revealed in November that 20% of Bitcoin currently in circulation has been lost at a value of about $25 billion. On May 11, Bitstamp used this data to advocate for offline storage and argue that this puts an upward pressure on the price.Bitstamp: “That Makes Bitcoin...
The crypto trading firm Crypto Facilities launches Ethereum futures, allowing investors to broaden investment opportunities and manage risks more effectively. Yesterday, on May 11, a digital asset trading service based out of U.K called Crypto Facilities has announced the launch of the “first regulated” Ethereum Futures Contacts which will go...
The major cyrptocurrencies experienced a decline yesterday, following another major Mt. Gox selloff and a recent raid on the Korean crypto exchange UPbit. The cryptocurrency market faced a significant decline on Friday, losing more than $50 billion in value. The price of the major digital currencies also plummeted during the...
Roger Ver has come out with some surprising predictions for Ethereum. The early Bitcoin-turned-Bitcoin Cash advocate believes a ‘flippening’ will occur that will see the market capitalisation of Ethereum overtake that of BTC.Is Ver Bullish on Everything but Bitcoin?If you’re familiar with the cryptocurrency space at all, you’ve probably...
Korea’s biggest cryptocurrency exchange is being investigated by the local authorities which has led to crypto prices decline. It is reported that UPbit, South Korea’s largest cryptocurrency exchange, is being raided by the local authorities. Investigators from the Prosecutors’ Office of the southern district of the country’s capital firstly appeared...