Cryptocurrency bull Tom Lee says bitcoin’s dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800. The Fundstrat founder said he made the assessment by considering the number of active wallet addresse
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Pro-Crypto Fintechs Robinhood & Revolut Aim to Replace Bitcoin-Hostile Banks
Earlier today, two of the world's hottest fintech startups, the US-based Robinhood and the UK-headquartered Revolut, separately announced new product offerings that could greatly benefit the crypto industry over the long-term and put pressure on
Crypto Protocol Wanchain Integrates MakerDAO's Dai Stablecoin
For a particular set of crypto users, the need for centralized exchanges is one of the biggest stumbling blocks on the road to a completely decentralized future. Not everyone is going to prefer to use Bitcoin, and not everyone is going to prefer to u
Bitcoin Price Reverses as [Another] Breakout Attempt Fizzles Out
The bitcoin price failed to extend its bounce once again, weighed down by weak bulls. The BTC/USD rate on Thursday dropped as low as 5.38 percent from its intraday high at 3488-fiat. The pair at press time is forming lower lows towards 3300-fiat on a
‘Crypto Congressman’ Floats Blockchain to Help Fund Trump’s Border Wall
Yesterday, US Rep. Warren Davidson (R-OH) stated in an interview with NPR that blockchain technology could potentially be used as a means to fund the border wall that has become little more than a political football in Congress, with President Donald
Mainstream: 2018 Brought 54 Million New Crypto Users Despite Bear Market
The crypto market may have taken a tumble this year, but that has not diminished interest in the nascent technology. Crypto User Base Booms amid Price Decline According to a report by the Cambridge Center for Alternative Finance, a research center at
Pro-Crypto Trading App Robinhood Launches Checkings & Savings Accounts
Menlo Park-based Robinhood has launched savings and checking accounts for its US customers, according to a company blog post. The new accounts would follow the similar trend that we have become accustomed to: “fee-free, commitment-free and surp
UAE Firm Taps Ripple Blockchain RippleNet to Launch Cross-Border Payments
RippleNet, the blockchain-based global payment network of Ripple, is set to increase its footprint in the Middle East with a United Arab Emirates-based remittance firm set to unveil cross-border payments using the technology. According to Reuters, re
Top Stablecoin ‘Basis’ May Shut Down Due to Regulation, What Went Wrong?
On December 13, Frank Chapparo at The Block reported that Basis, a crypto stablecoin project that raised around $133 million in April, is terminating its operations and is in the process of returning the capital it raised to its investors. The projec
Bitcoin-Friendly Revolut Receives European Banking License, Aims to be ?Amazon of Banking'
Revolut, a digital banking alternative that features an in-app bitcoin and cryptocurrency exchange, has received a European banking license as it seeks to expand its offerings and position itself as the ” Amazon of banking.? Revolut to Offer Ba