Tag Archives: Ripple

Markets See Piecemeal Price Action, Some Stability After Yesterday’s Plummet

Markets See Piecemeal Price Action, Some Stability After Yesterday’s Plummet

Friday, Oct. 12: after yesterday’s carnage, crypto markets are seeing some relative price stability. The top cryptocurrencies by market cap are seeing mild movement, both red and green. Market visualization by Coin360 Bitcoin (BTC) has has seen little price action on the day, and is up 0.5 percent to trade at $6,318 as of press time. Ater […]

Emergence of $100M Crypto Funds in Bear Market Shows Investors are Interested

Emergence of $100M Crypto Funds in Bear Market Shows Investors are Interested

Over the past month, four major $100 million crypto hedge funds have debuted with strong backing from institutional investors, Wall Street, and high profile individual investors. Reality Shares, former Point72 Asset Management executive Travis Kling, and JCE Capital Management have announced the launch of $100 million hedge funds targeted at the cryptocurrency market. Most recently, […]

Crypto Markets Finally See Wave of Modest Growth After Period of Relative Stability

Crypto Markets Finally See Wave of Modest Growth After Period of Relative Stability

Monday, Oct. 8: markets have taken a near-unanimous upturn, even as onlookers have been pointing to a period of uncharacteristically stable price action in the crypto sphere. Virtually all the top 100 cryptocurrencies are seeing solid growth on the day, as data from Coin360 shows. Market visualization by Coin360 Bitcoin (BTC) has seen a relatively strong boost, by […]

SBI Ripple Asia Gets Green Light From Japanese Regulators For New App

SBI Ripple Asia Gets Green Light From Japanese Regulators For New App

SBI Holdings, a Japanese company with major banking subsidiaries including SBI Securities, SBI FXTRADE, and SBI Virtual Currencies, has received the green light from Japanese regulatory authorities to move forward with their partnership with US-based Ripple in order to launch a new joint venture called SBI Ripple Asia. The newly approved venture has been in […]

US: Crypto Industry Reps, Lawmakers, Venture Capitalists to Discuss Regulatory Landscape

US: Crypto Industry Reps, Lawmakers, Venture Capitalists to Discuss Regulatory Landscape

Representatives from U.S.-based financial giants and cryptocurrency startups will meet with Washington lawmakers this Tuesday to discuss the regulatory landscape, CNBC reportedSeptember 24. The roundtable dubbed “Legislating Certainty for Cryptocurrencies” will reportedly be hosted by Rep. Warren Davidson (R-Ohio). The attendees will address the issue of policy-making regarding the new asset class in the run-up to the introduction of […]

Content Creators on YouTube, Twitch, and Wikipedia Can Now Accept Ripple (XRP)

Content Creators on YouTube, Twitch, and Wikipedia Can Now Accept Ripple (XRP)

Content creators on the internet will now be able to accept payments in XRP tokens directly from their users. The tipping-for-content has become possible because of Coil, the brainchild of Stefan Thomas, the former CTO of Ripple Labs. The San Francisco company has launched the beta version of its browser extension app of the same […]

Point72 Exec Leaves the Firm to Launch Crypto Hedge Fund in October

Point72 Exec Leaves the Firm to Launch Crypto Hedge Fund in October

Former equities portfolio manager Travis Kling has left billionaire Steven Cohen’s Point72 Asset Management to launch his own digital assets fund, Bloomberg reported September 21. Point72 is an asset management firm founded in 2014 as the successor of investment company SAC Capital Advisors. The latter pleaded guilty to federal insider trading charges and paid a $1.8 billion fine. Point […]