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Crypto Markets See Mixed Signals, Ethereum Beats Ripple by Market Cap

[ad_1] Saturday, September 22: crypto markets have seen a mix of red and green, with Ethereum (ETH) having passed Ripple (XRP) to come back to be ranked the second top cryptocurrency by market cap, according to CoinMarketCap.Market visualization from Coin360After surging up to $6,809 earlier today, Bitcoin (BTC) is slightly down over the past 24 hours, having traded below $6,700 over the past few hours. The leading cryptocurrency is down
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Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum

[ad_1] The largest brokerage in Brazil will enter the crypto space by launching an exchange for Bitcoin (BTC) and Ethereum (ETH) in the near future, Bloomberg reported September 21.Chief Executive Officer of Grupo XP Guilherme Benchimol told Bloomberg that the company will launch an exchange called XDEX in the coming months, with around forty employees. Grupo XP is the biggest financial group in Brazil, comprising companies with various business models.XP
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US Congressman to Introduce Bills Supporting Blockchain Technology, Cryptocurrencies

[ad_1] U.S. Rep. Tom Emmer (R-MN) is planning to introduce three bills to support blockchain technology and cryptocurrencies, according to a press release published September 21.The three upcoming bills are entitled the “Resolution Supporting Digital Currencies and Blockchain Technology,” the “Blockchain Regulatory Certainty Act,” and the “Safe Harbor for Taxpayers with Forked Assets Act.”The legislation is focused on the support and development of blockchain technology, as well as the establishment
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Point72 Exec Leaves the Firm to Launch Crypto Hedge Fund in October

[ad_1] Former equities portfolio manager Travis Kling has left billionaire Steven Cohen’s Point72 Asset Management to launch his own digital assets fund, Bloomberg reported September 21.Point72 is an asset management firm founded in 2014 as the successor of investment company SAC Capital Advisors. The latter pleaded guilty to federal insider trading charges and paid a $1.8 billion fine. Point 72 has offices in New York City, Hong Kong, Tokyo, Singapore,
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Lambos, Bling and Mansions — What Purchases Do Crypto Millionaire Make

[ad_1] One of the most hotly debated topics around cryptocurrencies is what people can actually purchase with Bitcoin and its altcoin brethren.With Bitcoin’s 10th birthday just around the corner, it's worth taking a look at some of the most outrageous and expensive things people have been able to purchase with BTC.We have certainly come a long way since the infamous Bitcoin pizza incident, where Laszlo Hanyecz ordered two pizzas from
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Japanese Financial Watchdog Launches Investigation Following $60 Million Exchange Hack

[ad_1] The Financial Services Agency (FSA) of Japan has launched an investigation after $60 million worth of cryptocurrencies were allegedly stolen from local crypto exchange Zaif, Cointelegraph Japan reports Friday, September 21.According to the report, the FSA has sent its staff to Tech Bureau — Zaif's parent company based in Osaka — to verify whether the company will be able to cover customer losses.As Cointelegraph Japan has learnеd, the Japan
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Swiss Bankers Ease Access for Crypto Startups to Prevent Mass Exodus

[ad_1] The Swiss Bankers Association (SBA) has issued basic guidelines for banks working with blockchain startups on Friday, September 21. As Reuters reports, the measure was taken to prevent a mass crypto exodus out of Switzerland.The document states that banks see blockchain as an opportunity for Switzerland to house financial and technology startups despite "risks," especially money laundering. Due to a significant increase of crypto-related companies based in the country,
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Petro to Be Used for International Exchange Starting in October, Maduro Claims

[ad_1] Venezuela’s oil-backed cryptocurrency, the Petro, will be used for international commercial transactions starting in October 2018, according to a September 21 statement made by Nicolas Maduro.The Venezuelan president appeared on the national VTV channel to deliver his speech on the latest economic issues. As cited by the VTV website, he then announced the upcoming use of Petro on an international level, stating:"Petro comes into play as a currency for
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Ripple Passes Ethereum to Claim Number Two Ranking on CoinMarketCap

[ad_1] Altcoin Ripple (XRP), which has seen an explosive amount of growth over the past week, has overtaken Ethereum (ETH) to be ranked number two by total market capitalization on CoinMarketCap.As of press time, Ripple has a listed market cap of around $26 billion, while Ethereum — now in third on CoinMarketCap — has around $23 billion in market cap. Bitcoin (BTC) is still ranked number one, with a market
Business

‘Bitcoin Is No Different Than Money Systems Today, Except That It May Be Better’

[ad_1] This interview has been edited and condensed.Known in mainstream media as a young “Bitcoin millionaire,” within the crypto and blockchain industry, Jeremy Gardner is a known more for what he does than how much he makes.As a serial blockchain entrepreneur, educator and investor, Gardner has founded the global educational nonprofit the Blockchain Education Network and co-founded the blockchain-based prediction platform Augur. Most recently, he launched his own impact investing