In the past few weeks, both Bitcoin and gold have attracted investors who have flocked to safe haven assets due to trade wars and an uncertain geopolitical environment. While traditional investors prefer investing in gold, the discovery of fake kilogram gold bars in the vault of JPMorgan Chase points to a forgery crisis. While gold owners need an expert to confirm the authenticity of their holding, Bitcoin node operators do not need any, which is a huge advantage. The government has confiscated gold holdings of the public in the past, hence, there is a possibility that it can do it …

Anger about the negative market consequences of Ripple selling XRP to its clients is prompting token holders to conceive of ever-more ingenious means to fight back. In a tweet published on Aug. 26, Twitter user @CryptoBitlord quipped to his 102,000 followers about his latest scheme for a community effort, writing: “I’m thinking about forking $XRP so we don’t have to deal with the founders dumping. — This will be a community effort. Retweet if you’re in.” Crypto Bitlord’s anger has spilled over beyond witticisms; 3 weeks ago, he started a change.org petition entitled “Stop Ripple dumping,” which has secured almost …

Cryptocurrencies can benefit from wider adoption and many believe that with a user base of about two billion people, Facebook can speed up the process. Its Libra project has drawn sharp criticism from regulators, finance ministers and central banks around the world. Previously, Bitcoin rallied along with risky assets, however, in the past few months, it has been acting similar to a safe haven, though it is not there yet, according to Nelson Minier, head of over-the-counter sales at cryptocurrency exchange Kraken. Minier said that the current state of the cryptocurrency industry, with all its innovation and trading, is similar …

Cryptocurrency firm Ripple’s head of social impact Ken Weber has said universities around the world must expand their education programs to offer blockchain and digital assets training courses that directly relate to actual roles in the industry. Demand exceeding supply Weber addressed the lack of a qualified blockchain workforce and relevant education resources in an interview with OpenAccessGovernment published on Aug. 20. He also cited a report which suggests that “there’s been a 517% increase in demand for software engineers with blockchain development skills in the past year” — but “demand is far outweighing supply.” Weber said: “A large part …

Sunday, Aug. 25 — Most of the top 20 cryptocurrencies are seeing moderate gains on the day while Bitcoin (BTC) circles around the $10,100 mark. Market visualization courtesy of Coin360 Bitcoin price is up by 1.67% on the day, trading at around $10,135 at press time, according to Coin360. Looking at its weekly chart, the coin is down by about 0.78%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position of the largest altcoin by market capitalization, which currently stands at $20.5 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $11.8 billion at …

Saturday, Aug. 24 — Crypto markets continued to see red as Bitcoin (BTC) dipped below the $10,000 price mark several times within 12 hours. Only two out of the top 20 coins by market cap saw gains in the 24 hours leading up to publication: Cardano (ADA) and NEO (NEO), which are up 1.3% and 2.6% respectively. Market visualization | Source: Coin360 BTC fights to hold $10K support Bitcoin is trading at $10,066 at publishing time, down 3.3% on the day. The biggest cryptocurrency has dropped below the $10,000 threshold three times over the past 12 hours and dropped below …

On Aug. 24, most of the top 20 cryptocurrencies are suffering moderate losses on the day while Bitcoin (BTC) hovers around the $10,130 mark. Market visualization courtesy of Coin360 Bitcoin price is currently down by 0.6% on the day, trading at around $10,130 at press time, according to Coin360. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin by its market capitalization, which currently stands at $20.5 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $11.6 billion at press time. Coin360 data shows that ETH’s value decreased by about …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Though institutional investors are professionals with years of experience under their belt, they have been slow to recognize and embrace cryptocurrencies, which is the new trend in the digital age. Conversely, retail traders who are considered amateurs have been quick to adopt cryptocurrencies and have benefitted immensely from it, according to Tyler Winklevoss. His …

Money transfer service Xendpay has joined Ripple’s global network RippleNet to support international transactions. Going beyond the U.S. dollar Ripple announced the news on Aug. 20. Per the news release, RippleNet will allow Xendpay to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of banks and other financial partners to facilitate money transfers via other forms of currency — especially Ripple’s XRP. New capabilities with RipplePay As stated in the announcement, Xendpay previously had trouble transferring anything other than dollars in foreign markets. Offering a smaller currency involved establishing direct partnerships with local …

Binance is expected to launch its upcoming exchange platform in the United States by the end of the year, with the company’s executive estimating that the platform will launch within “a month or two.” In the interview, Changpeng Zhao (aka CZ), the CEO of Binance, predicted the launch despite acknowledging that many things are still “in flux” regarding the platform’s planned operations in the U.S. CZ noted that the U.S. has historically enacted “very clear regulations” regarding financial technology, adding his expectation that despite current “uncertainties in the regulatory space,” early adopters in the industry will likely be better rewarded. …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Crypto markets are under pressure as the total market capitalization has dipped close to $260 billion. United States Secretary of State Mike Pompeo believes that Bitcoin should be regulated similar to other financial transactions because the ability to do anonymous transactions with it can be used for financing terrorism. This shows the myopic vision …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Crypto enthusiasts despise fiat currencies while central banks have largely been against cryptocurrencies, as they consider crypto assets to be a form of competition to their existence. However, a new analysis has found that mere existence of cryptocurrencies benefits both society and the government. Cryptocurrencies offer an opportunity for citizens to diversify their investments. …