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Mostrando las entradas etiquetadas como ripple

Bitcoin Is an Irreversible Trend

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By: Moris Beracha.- In a case study on the use of crypto-currencies, presented by TV Liberal in Brazil, it was highlighted that Bitcoin is a trend that has no regression. Several personalities of the Brazilian crypto-currency ecosystem addressed the issue of crypto-currency and its possible uses as a means of investment, payment or reserve of value. The program highlighted the existence of approximately 3,000 other cryptocurrencies besides Bitcoin (BTC), such as Ethereum (ETH), Litecoin (LTC), ripple (XRP), and ZCash privacy currency (ZEC). Although they all have monetary value, it points out the need for investors to educate themselves before investing their money, due to the instability in the price. To continue reading enter here morisberachahoy.wordpress.com

JPMorgan Chase to Add New Features to Blockchain-Powered Network for Global Banks

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By Thomas Simms JPMorgan Chase (JPM) is expanding the use of its blockchain technology to help reduce the number of global payments rejected by errors, the Financial Times reported on April 21. The United States financial giant is adding new features to its Interbank Information Network (IIN,) which is now used by more than 220 banks around the world. The technology was initially designed to help institutions share payments data in real time — cutting delays in processing times. John Hunter, JPM’s head of global clearing, said it has built a new feature that can instantly verify whether a payment is heading to a valid bank account. At present, transactions can be rejected days after they were sent because of typos in sort codes, account numbers and addresses. He told the FT: “Banks straight through processing rates are in the mid-80s to mid-90s. It’s that gap — the 5 to 20 percent of payments — that have to be assessed by operations where we’...

Bitcoin Will Hit $1 Million, Says IBM’s VP of Blockchain Jesse Lund

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By Adrian Zmudzinski The vice president of blockchain and digital currencies for IBM , Jesse Lund, said that he expects Bitcoin’s ( BTC ) price to eventually hit $1 million. Lund made his prediction during an interview with comparison and news platform Finder.com, published on YouTube on Feb. 20. Towards the end of the interview, Lund was asked what he expects the price of Bitcoin to be on this new year’s eve. He answered that he thinks it is going to be higher than the current price, clarifying, “I’ll go with $5,000.” He then continued his prediction, adding: “I see Bitcoin at a million dollars someday.” Lund explained that he “likes that number,” given that “if Bitcoin is at a million dollars, then satoshi is on value parity with the U.S. penny.” He noted that at such a value, the whole network would have over $20 trillion of liquidity. He then suggested that such liquidity could change corporate payments and high value payments in general, concluding:...

Russian investors continue betting on cryptocurrencies

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By Moris Beracha .-  2018 was a negative period for some of the world’s most important cryptocurrencies. The value of Bitcoin, Ethereum, LiteCoin, Ripple among many others, dropped over the previous year and a large number of investors lost millions of dollars. However, countries such as Russia still maintain their hopes in digital assets and despite the price crash, the interest in cryptocurrencies remains. According to financial consultant Olga Prokhorova, the new generations of entrepreneurs are looking to make some kind of investment with tokens, because they trust that this will be the future. In an interview with the news channel of Federal Press, the also representative of the “International Financial Center”, cited data from a study published by the University of Cambridge suggesting that the number of users with identity to perform some type of transaction in the cryptocurrency ecosystem has grown to more than 35 million worldwide. T...

Crypto Raffles and rewards become popular on the Internet

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By Moris Beracha .- A significant number of companies engaged in apps development are undertaking crypto raffles among all those users who try and get some kind of error in their digital products. This kind of lottery consists of completing small tasks such as captchas or clicking a button to claim free coins every hour without any investment, because it is just about spending time on the platforms and watching ads and completing the tasks. The adult entertainment industry is one of the most emblematic sectors that rewards its customers and users in cryptocurrencies. Currently, a large number of micro earning websites pay you in Bitcoin or another cryptocurrency every couple of minutes. Eventually, you can get enough tokens to charge and get a small profit on the wallet or digital wallet. Ripple has also decided to raffle or give away millions of its cryptocurrencies also known by the acronym XRP, but the aforementioned company aims to achieve the u...

Bitcoin's Terrible Month Isn't Actually All That Bad

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Billy Bambrough Bitcoin has seen quite a heavy sell-off over the last 30 days but that was preceded by a bull run, leaving the bitcoin price more-or-less flat — and reminding investors to take a wider view of market movements. Despite hitting highs of almost $7,500 earlier this month, the bitcoin price has dropped back to just over $6,300 today — pretty much exactly where it was some 30 days ago. There were fears in early September bitcoin, as well as other major cryptocurrencies including ethereum, ripple, and litecoin, were going into freefall as investors panicked over whether the much anticipated institutional money that many have been expecting to be injected into the market will actually appear. That sudden sell-off now seems to have stabilized — with many still feeling positive a major bitcoin exchange-traded fund (ETF) could be approved this month by the U.S. Securities and Exchange Commission (SEC). Elsewhere, the New York ...