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The SEC’s case against Ripple for selling XRP as an unlicensed security will begin with a pretrial in February 2021. from Cointelegraph.com News https://ift.tt/3hruVTl via IFTTT

While bitcoin’s value has captured new all-time price highs, a number of publicly listed bitcoin mining operations have seen significant profits. The U.S.-based firm Riot Blockchain’s market valuation recently obtained a $1 billion capitalization. Meanwhile, a number of other bitcoin mining business operations have seen colossal demand for company shares. Riot Blockchain, Inc. (Nasdaq: RIOT) shares have increased a great deal and the company has recently captured a $1 billion market capitalization. After trading for $3.47 per unit during the first week of November 2020, shares climbed 332% and are now trading above the $15 range on December 29. 2020 stats show Riot’s shares have jumped more than 1,200% during the course of the year. Riot has also been part of the trend of enterprise companies purchasing mass quantities of bitcoin miners in 2020. The company bought 15,000 S19 Pro and S19j Pro Antminer mining rigs from Bitmain on December 23. In fact, Riot is not the only publicl...

India is now home to the world’s first physical crypto bank branch despite regulatory uncertainty surrounding digital currencies in the country. from Cointelegraph.com News https://ift.tt/2KCM2pl via IFTTT

As XRP continues to plummet in value due to Ripple’s turmoil with the U.S. Securities and Exchange Commission (SEC), the token seems to find some support in Japan, as crypto exchanges in the nation have refused to delist it. Nomura and Key Ripple Partner Keep Supporting XRP , Reject US SEC Claims Per a report published by Sadakazu Osaki, an analyst from the economic research firm Nomura Research Institute, Ripple’s token is considered in the land of the rising sun as a crypto asset, according to the Funds Settlement Act, as securities are registered with the Financial Services Agency (FSA) for “offering or sale.” That’s why XRP cannot be categorized under “securities” and in consequence, SEC’s lawsuit against the blockchain firm won’t have an impact on the status of the token in Japan whatsoever, said the researcher. Osaki also highlighted the popularity that XRP has in Japan, as the token “is widely traded in cryptocurrency exchanges in Japan”: It can be said that the inter...

2021 may be the year of natural selection for the Japanese crypto industry. from Cointelegraph.com News https://ift.tt/2KLpwul via IFTTT

Major exchanges scramble to disassociate themselves with XRP as Ripple tries to regain control of the narrative. from Cointelegraph.com News https://ift.tt/3n0isHo via IFTTT

Although DeFi’s market cap has surged by 2,100% over the course of 2020, critics argue that the industry needs to evolve to be on a more sustainable footing. from Cointelegraph.com News https://ift.tt/3b64i5l via IFTTT

A swift return to form for Bitcoin sparks 8% daily gains and gives no hint of a deeper reversal under $30,000. from Cointelegraph.com News https://ift.tt/3htDGfu via IFTTT

A crypto bank has begun opening physical branches in India through a joint venture between Cashaa and United Multistate co-op society. Customers can open bank accounts, buy and sell cryptocurrencies, obtain crypto-backed loans, as well as learn about crypto. Crypto Bank Opens Physical Branches Crypto bank Unicas, a joint venture between Cashaa and United Multistate Credit Co. Operative Society, has begun rolling out physical branches in India. The first branch has opened in Jaipur, the bank announced Monday. “Unicas is initially opening its services online and through 14 branches across NCR, Rajasthan, and Gujarat by January 2021, and plans to rapidly expand to 100 branches by the end of 2022,” the announcement details. Unicas CEO Dinesh Kukreja commented that “This will allow us to build, scale and offer customized financial and crypto products for the local Indian markets.” A spokesperson for Cashaa told news.Bitcoin.com that “The next 13 branches will all be rolled out between...

Visit AskGamblers.com before ever wagering your hard-earned coins in an online casino. AskGamblers is the internet’s largest and most trusted portal dedicated to curating honest, fair, and open gaming experiences for users worldwide. These Days You Can Use Bitcoin to Buy Just About Anything From online shopping to automobiles and real estate, as Bitcoin grows in popularity, there are always new and innovative ways to incorporate Bitcoin into your life. Here are a couple of key industries that are driving cryptocurrency acceptance. Travel Industry When you think of Bitcoin as a worldwide peer-to-peer payment network, it makes sense that the travel industry would be one of the first to adopt cryptocurrency payments. CheapAir.com became the first travel agency to accept Bitcoin in 2013, but these days, you can use Bitcoin to book travel, flights, and hotels worldwide. Sports & Entertainment In the United States, AMC Cinemas, one of the largest theater chains in the country, ma...