Facebook Crypto Ad Ban | Platform Loosens Restriction on Crypto Ads

According to CNBC, Facebook said on Wednesday that it will loosen its ban on cryptocurrency advertising on its platform. The result will allow businesses related to crypto and blockchain to promote their projects on the social network. The Facebook crypto ad ban first came into effect in January 2018. Facebook Crypto Ad Ban The social media giant first started blocking ads on initial coin offerings, saying it had concerns for its users’ welfare. It was afraid that many would fall for scams and fraudulent crypto products. But earlier this year…

Is Ripple (XRP) the Liquid alternative of Tether or USDC?

Ripple (XRP) prices slide 1.7 percent The rollout of xCurrent 4.0 is an opportunity for banks to upgrade and even adopt xRapid That the World Bank and the IMF have Ripple Inc in their reports is bullish. At the core, Ripple Inc is introducing speed, efficiency and cost savings in the fund remittance sector searching for alternatives. Even so, the unregulated nature of XRP is slowing down adoption as prices range within a 4 cents zone. Ripple (XRP) Price Analysis Fundamentals For the extended consolidation, Ripple (XRP) is said to…

Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter

Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business. For most mining companies, 2018 was a difficult year. But Hut 8 hung in and, despite having to do a write down, was able to post a small profit. According to Hut 8, it is currently the largest bitcoin mining company operating in North America (with Hive…

3 Reasons Bitcoin Price Will Sprint Beyond 2019-High $6,000

By CCN: The bitcoin price on Thursday broke above $6,000, a psychological level, to establish a fresh 2019 high. The bitcoin-to-dollar exchange rate settled an intraday peak towards $6098.21, bringing its best year-to-date performance to 64-percent. The asset’s upside sentiment against the dollar, as well as other leading cryptocurrencies, further pushed its dominance upward to 57-percent, its highest since December 4, 2017. Meanwhile, it’s market capitalization jumped above $107 billion but was still down its historical high of $327.15 billion recorded on December 17, 2017. BITCOIN PRICE IS HOLDING SUPPORT AT…

Florincoin – The 2014 Altcoin You Don’t Remember – Is Attracting Real Users

One of the most recognizable names in the crypto space (and perhaps even outside of it) is using one of the least recognizable blockchains. Overstock.com subsidiaries Medici Ventures and tZERO have been utilizing the FLO blockchain for some time in work aimed at re-organizing property rights. At one time, a video of the tZERO homepage even showed the little-known blockchain at work. Still, if you haven’t heard of FLO before, you won’t be alone. Maybe Florincoin, the blockchain’s moniker when it first launched in 2013, shortly before the 2014 altcoin…