Is Bitcoin Safe? Renowned Investor Tim Draper Believes So

You may have asked the question: is Bitcoin safe? on multiple occasions. Should you really think to put your money into Bitcoin? Well, Tim Draper is an investor with renowned opinions about the cryptomarket. He is an avid believer in the positivities of crypto and his bullish position has earned him many followers and detractors. On multiple occasions, his predicted forecasts have proved successful despite adverse scenarios, and this is something to take into consideration. A few years ago, Draper predicted that Bitcoin would increase by more than 10k, a…

Will Australia’s Ban On Cash Purchases Over $7,500USD Boost Crypto Adoption?

Crypto Adoption in Australia: The Australian government’s work to prevent tax evasion is growing. Efforts seem to be moving towards a gradual decline in cash availability, which represents an essential opportunity of growth for cryptos and alternative means of payment. As part of an initiative to prevent undeclared business from being conducted in the country, the Australian government has issued some economic measures to restrict specific conditions that could be harmful to the people. In an official statement entitled “Tackling illegal behavior in the Black Economy” Australia’s Ministry of Revenue…

Litecoin (LTC) Added to Gemini Cryptocurrency Exchange

Litecoin (LTC) is being added to the Gemini cryptocurrency exchange, reports Forbes, along with Zcash (ZEC) and Bitcoin Cash (BCH). The exact date for when Litecoin will be added to Gemini has yet to be announced, but details on Zcash’s addition have been released already, so, hopefully, details on Litecoin will soon follow. The Gemini exchange was founded by the Winklevoss twins, Tyler and Cameron. Currently, Gemini supports Bitcoin (BTC) and Ethereum (ETH). It is ranked as the 32nd largest cryptocurrency exchange by 24-hour trading volume on CoinMarketCap with a 24-hour trading volume…

IOTA (MIOTA): Altcoin Kicks off the Week in the Red Zone

IOTA News: Both the crypto and blockchain sector have a big week ahead. Coins are doing fairly well Monday, with the exception of IOTA (MIOTA) and Cardano (ADA). Meanwhile, Ripple (XRP) and Bitcoin (BTC) are in the green. For this article, we are going to be looking at IOTA (MIOTA).  MIOTA Daily Chart MIOTA is currently selling for $1.97. This puts MIOTA down 0.69% in the past twenty-four hours. MIOTA is classed as the 8th largest digital currency. It is behind Stellar (XLM), which is up 2.14% in the past twenty-four…

NYC Blockchain Week: What to Expect from Consensus 2018 This Week

Big things are happening in the crypto and blockchain sector this week. In fact, this week is what the financial industry calls ‘NYC Blockchain Week’ and Consensus 2018 has kicked off. Companies will be announcing various things throughout the week, so stay vigilant; you are not going to want to miss some of these meetings and announcements.  NYC Blockchain Week Has Arrived! In New York, the largest digital currency conference has kicked off. The name of this conference is Consensus. It is thought that Consensus 2018 will see a dramatic…

Cardano [ADA] The Financial System for the Developing World – Team Met with Google Today

Cardano [ADA], the 7th largest cryptocurrency by market cap, is looking far-beyond becoming just a payment system for the regular cryptocurrency investor. Charles Hoskinson, CEO of Cardano and co-founder of IOHK, had an interview with Rachel McIntosh back in February discussing his long-term vision for Cardano. Financial System of the Developing World – Cardano vs. Stellar [XLM] In his interview, Hoskinson discusses how Bitcoin advertises itself as a payment system and a means of exchange, but anyone that has tried using it for that knows how much it has failed. Back…

Ripple Announces Xpring Initiative, XRP Moves into the Green

The crypto industry has a busy week ahead, and it appears coins are starting the week off relatively well. Currently, there is a mixture of both red and green on the crypto markets. One altcoin that has found its way into the green zone today is Ripple (XRP).  So, what’s going on with Ripple (XRP) today? What’s the crypto community saying about the coin? Let’s see what we can find out.  Ripple (XRP) Daily Chart Ripple (XRP) is currently selling for $0.748183. This puts XRP up 3.11% in the past…

Anonymous Giver Pineapple Fund Donates More Than $55 Million In BTC

On May 11, the anonymous philanthropist- “Pine”, curator of the Pineapple Fund, published a touching message in Reddit announcing their withdrawal from the crypto-sphere. Five months ago, a Reddit user by the name of Pineapple Fund, posted an announcement on Reddit asking for recommendations to donate upwards of $86 million worth of BTC too. Many were skeptical and confused. However, when the first proofs of the donations became public, the community acquired a sense of enthusiasm and respect towards the project and its rarity in the world of cryptos. “Hello! I remember staring…

OKEx Has Surpassed Binance as the Top Crypto Exchange!

OKEx has surpassed Binance as the top crypto exchange, listing a 24-hour trading volume of $2.4 billion on CoinMarketCap. Binance currently has a 24-hour trading volume of $2.2 billion. This now makes OKEx the world’s largest cryptocurrency exchange. That’s not all that’s going on with OKEx though. OKEx’s CEO, Chris Lee, has now resigned. So, the question becomes, why did Lee resign right as the exchange achieved the top crypto exchange status? According to Bloomberg, Lee left so that he could “start a new life.” He is reportedly spending time with…