Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies

Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for CryptocurrenciesIn a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies. Also read: Russians Can Use Qiwi, Sberbank, Yandex Money […]

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XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash

XRP Price Brought Down 56% in One Candle, Bitmex Traders Outraged Over Flash CrashA number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely liquidated. Also read: Fed Chair […]

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Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices

Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale DevicesOn February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than 100,000 Poynt retailers worldwide. Also Read: Ethereum vs Tron: Comparing Data, Defi […]

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XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion Coins

XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion CoinsCrypto traders and speculators have been discussing the digital currency XRP (ripple) lately because the price has been stagnant compared to other digital assets. Some venture capitalists and analysts plan to short XRP, while other speculators believe the crypto is poised for a price jump in the future. Additionally, crypto enthusiasts have been discussing Ripple […]

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What Are Altcoins and Why Are There Over 5,000 of Them?

What Are Altcoins and Why Are There Over 5,000 of Them?According to crypto market capitalization aggregators, there are more than 5,000 cryptocurrencies in existence today and over 20,000 different types of markets. BTC is the oldest and most known digital asset and most everything else has been typically referred to as an “altcoin.” The term refers to any of the thousands of prevalent cryptocurrencies that […]

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