Crypto News & Blog

moneygram ripple
MoneyGram Too Late to Leave Ripple 1024 500 Crypto Rand Group

MoneyGram Too Late to Leave Ripple

As a partner of Ripple and its XRP token, MoneyGram has recently distanced itself from this. But too late? The money transfer specialist is facing a lawsuit accusing him of misrepresentation. MoneyGram a collateral victim of Ripple’s setbacks and his XRP token? The SEC, the US stock exchange regulator, accuses him of issuing without security…

CBOE Will Soon List Bitcoin ETF 1024 500 Crypto Rand Group

CBOE Will Soon List Bitcoin ETF

The Chicago Board Options Exchange (CBOE) has officially filed to list shares of VanEck’s bitcoin exchange-traded fund (ETF). CBOE filed a Form 19b-4 Monday, formally announcing its intention to list and trade shares of the VanEck Bitcoin Trust. The form kicks off the legal review period that could lead to the first bitcoin ETF in the U.S. While Cboe filing…

Goldman Sachs bitcoin
Goldman Sachs Now Trading Bitcoin 1472 981 Crypto Rand Group

Goldman Sachs Now Trading Bitcoin

Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said. The team will sit within the U.S. bank’s Global Markets division, the person said. The desk is part of Goldman’s activities within the fast-growing…

microstrategy bitcoin
MicroStrategy Buys $15 Million Worth of Bitcoin 1024 512 Crypto Rand Group

MicroStrategy Buys $15 Million Worth of Bitcoin

One of the most bullish non-crypto companies, US-based software developer MicroStrategy, just used the recent bitcoin (BTC) correction to increase their BTC stash. Per CEO Michael Saylor, the company has purchased an additional BTC 328 for around USD 15m in cash at an average price of USD 45,710 per BTC. As of today, MicroStrategy now owns BTC 90,859, acquired…

Ripple Founder Cashing 135.8 Million XRP 1024 500 Crypto Rand Group

Ripple Founder Cashing 135.8 Million XRP

Recent data from XRPscan has it that since Saturday, Feb. 20, Jed McCaleb, who founded Ripple Labs together with Chris Larsen and was the company’s first CTO, has moved 135.8 million XRP from his wallet to dump them on the market. Jed sells some more millions of XRP Data available on XRPscan shows that Jed McCaleb has conducted six crypto…

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New Rehabilitation Plan for Mt.Gox 1024 500 Crypto Rand Group

New Rehabilitation Plan for Mt.Gox

Mt Gox Creditors will vote on the draft plan proposed by trustee Nobuaki Kobayashi with the aim of resolution by October. The Japanese trustee of Mt. Gox said creditors will now have a chance to approve a draft rehabilitation plan for assets still held by the long-defunct bitcoin exchange. Creditors will vote on the plan proposed by…

square bitcoin
Bitcoin Makes Square Fortunes To Rocket 1024 500 Crypto Rand Group

Bitcoin Makes Square Fortunes To Rocket

Square $50 million Bitcoin is worth more than $200 million. Enough to justify new investment in BTC. The company has announced the acquisition of an additional 3,318 Bitcoins for $170 million. The soaring price of Bitcoin is not only making the fortunes of miners and wealthy investors. It is also benefiting companies specializing in encryption,…

Satoshi
Did Satoshi Found His Wallet Passphrase? 1200 674 Crypto Rand Group

Did Satoshi Found His Wallet Passphrase?

100 Satoshi Era Bitcoins that were mined back in June 2010 have moved for the first time today, according to Blockchair data. At the time of writing, they are worth roughly $5 million.  Antoine Le Calvez, data engineer at Coin Metrics, writes that transactions that involve coins from the era of CPU mining are “very rare”:  It’s very…

JpMorgan metaverse
JP Morgan Chase Brings Blockchain to Space 1024 500 Crypto Rand Group

JP Morgan Chase Brings Blockchain to Space

Investment bank JP Morgan Chase has been testing blockchain payments in space! Between satellites in earth orbit, executives told Reuters on Wednesday. “The idea was to explore [internet of things] payments in a fully decentralized way,” Umar Farooq, CEO of the bank’s blockchain arm, Onyx, said. The blockchain team worked with Danish company GOMspace, which rents out…

Microstrategy
1 Billion People Will Store Money on Their Phone By 2026 1024 500 Crypto Rand Group

1 Billion People Will Store Money on Their Phone By 2026

Bitcoin (BTC) will be the savings method of choice for 1 billion people on their phones by 2026, MicroStrategy CEO Michael Saylor predicted. In an interview with CNBC on Feb. 23, Saylor, whose company owns in excess of 70,000 BTC, continued his public Bitcoin advocacy, calling it “the dominant digital monetary network.” Saylor: Billions will choose Bitcoin…

MoneyGram Ripple
MoneyGram Leaves Ripple on the Bench 1024 500 Crypto Rand Group

MoneyGram Leaves Ripple on the Bench

Too much legal uncertainty. MoneyGram money transfer service MoneyGram forfeits Ripple‘s money because of the SEC complaint against the company and its XRP token.- Following the SEC’s complaint against Ripple and its executives, the reaction of the major exchanges was not long in coming. They chose to remove the XRP from their platforms as a…

tesla bitcoin
Tesla is Making More Profits With Bitcoin Than Cars 1024 500 Crypto Rand Group

Tesla is Making More Profits With Bitcoin Than Cars

Tesla‘s business still consists of producing and selling electric cars. However, one analyst points out that its investment in Bitcoin generates a higher profit than its vehicle sales in 2020. To calculate Tesla’s stock market valuation, it is probably no longer sufficient to refer only to the company’s commercial results. Its investment in Bitcoin is…

Nvidia miners
Nvidia Changing Its Politics Against Miners 1024 500 Crypto Rand Group

Nvidia Changing Its Politics Against Miners

The graphics card maker wants to reserve its GeForce products for gamers rather than for Ethereum miners. Nvidia does not neglect this industry however and announces a dedicated processor. GPUs, the graphics processors, find applications in various fields. This was already the case in that of supercomputers. However, the cryptomoney mining industry is also interested…

FED Bitcoin Gold
It’s Official, The FED Declares Bitcoin a Rival For Gold 1024 500 Crypto Rand Group

It’s Official, The FED Declares Bitcoin a Rival For Gold

James Bullard, governor of the FED since 2008, declared that Bitcoin is a rival for gold! It’s official dubbing… Crypto has become digital gold in the eyes of the American central bank… https://youtu.be/3hPxJ3nlfvU USD vs Bitcoin James Bullard, who regularly answers questions from the financial press, was grilled by CNBC journalists. Asked about the FED’s…

Canada ETF
First Bitcoin ETF Launches in Canada 1024 500 Crypto Rand Group

First Bitcoin ETF Launches in Canada

The Purpose Bitcoin ETF, the world’s first exchange-traded fund that is physically backed by the biggest digital currency, is making its debut in Canada, on the Toronto Stock Exchange today. The Ontario Securities Commission (OSC) greenlit its launch earlier this month, marking a watershed moment for the industry. The very first ETF was designed by Canadian asset…

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