Singapore Rules for A Trader In Its First Crypto Court Case

A Singapore court recently noted that the trade reversal practice on exchanges is not right. The ruling came in favor of trader B2C2 against a cryptocurrency exchange firm dubbed Quoine. & orders by B2C2 were canceled by this exchange firm Quione in the 2017 bull market period. Both parties, in particular transactions, were autonomous algorithms; there was no chance of human errors. Exchange operations involve deriving the prices of the crypto assets from other crypto exchanges.  The other exchange platforms…

Craig Wright Receives A Threat from A Redditor Saying They’d Use BSV to Buy Drugs

Craig Wright is putting much effort into getting rid of drug users from his Bitcoin SV (BSV), a pet blockchain project, but some people are resisting.  In a recent post on Reddit, an individual just dared Wright, saying he will utilize the BSV native crypto asset to purchase drugs. He said that he would use multiple BSV wallets to pay for narcotics and highlighted that it would be near impossible for Craig Wright and the whole BSV team to know…

Warren Buffett Solidifies His Thoughts on Cryptocurrency

Warren Buffet, on February 24, noted again in strong terms how much he dislikes cryptocurrency. During CNBC's Squawk Box interview, Warren reiterated that he does not think cryptos have any value, nor does he see any produce from crypto assets. Warren Buffet said the value of crypto is zero. He publicly announced that he does not own a single cryptocurrency, and he will never have it. His remarks came in an interview after he released the annual shareholder letter.  It's…

Should Online Casinos Include Cryptos in their Modes of Payment?

Cryptocurrency has been around for a decade long. In those years, it has become a universal way to acquire services and goods both online and offline and a very profitable business. Cryptocurrencies have cut across various sectors, and many economic giants across the world are continually looking for new ways to incorporate them.  Currently, almost every casino accepts several different payment methods, including; Visa and Mastercard, while others widely accepted include e-wallets Paypal, Neteller, and Skrill. Some online casinos have…

Crypto Markets: Price Analysis of Top Coins Week Four of February 2020

As we edge closer to the end of February 2020, the top crypto coins continue performing well, making broad-based gains but with intense volatility. All the top three cryptocurrencies (Bitcoin, Ethereum, and XRP) are trading at higher prices than the weekly lows. Bitcoin may have broken the $10 000-mark last week but has been quite volatile, giving price analysts a difficult time coming up with an accurate price prediction. The prices of altcoins have also increased thanks to a ripple…

XRP In a Fight to Stymie Downward Spiral

XRP/USD's price rallied past the $0.2800 mark. However, it couldn't carry the momentum past the $0.2860 level. Currently, the price is experiencing a downside towards the major supports at $0.2700 and $0.2650. XRP Steady Gain Recently, the price gained steadily from the $0.2650 support zone. Consequently, it broke the   $0.2800 barrier zone in addition to the 100 hourly SMA. Despite the gain, the buyers couldn't push the price beyond the $0.3000 barrier. It established a swing high near $0.2861…

Observers Pour Cold Water on The Ability of Facebook Libra to Bank The Unbanked

Facebook's Libra cannot drive financial inclusion. This is according to Andreas Antonopoulos the author of Mastering Bitcoin. Mr. Antonopoulos made the remarks during an interview with BLOCK TV NEWS. Part of the interview centered on the stablecoin's ability to bank the unbanked as alluded to in the project's whitepaper. No Stranger To Controversy The Libra project has courted controversy since Facebook announced its intended launch in June 2019.  Consequently, the developers have had to reschedule the launch to an unnamed…

JP Morgan Says The Banking Sector Isn’t Ready For Blockchain Adoption

America's largest bank now claims that the banking sector isn't ripe for Blockchain adoption. In a recent report, JP Morgan Chase acknowledges that the ongoing blockchain developments are the foundation for the adoption of digital currencies. However, it holds that full adoption will take years. The report also suggests that the bank is looking beyond blockchain technology. According to the report, the foundations for mainstreaming blockchain adoption, expedited payments and digital currencies is already set. It estimates that it will…

Roger Ver Tips Bitcoin’s Fork, Bitcoin Cash, To Gain in Popularity

Bitcoin.com's CEO Roger Ver has backed Bitcoin Cash( BCH) to gain in popularity going forward. Mr Ver asserted that BCH aligns best to Nakamoto's vision compared to other Bitcoin Forks. He made these suggestions during an interview with HardForking. A BCH champion, Mr Ver ventured that cryptocurrencies should offer a substitute payment system, but not be another investment instrument. He averred that for us to prevent government control we should use cryptos as money. According to him, using cryptocurrencies for…

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