Visa Picks Ethereum Over Facebook Libra to Settle Payments; ETH/USD Up

[ad_1] Ether, the de-facto settlement token of the Ethereum blockchain, rallied on Monday after global payment giant Visa became the ledger’s latest supporter. The firm, which can handle 24,000 transactions per second, announced that it would offer users the option to settle transactions in Ethereum-based stablecoin USDC, becoming the first major payment services provider to … Read more

SEC Scores Own Goal by Objecting to XRP Holders Intervening in The Lawsuit

[ad_1] The U.S. Securities and Exchange Commission (SEC) attempts to stop XRP holders from joining the on-going lawsuit as third parties. In a letter to Judge Analisa Torres, the SEC’s Senior Trial Attorney Jorge Tenreiro argued that XRP holders had not clarified their actions. What’s more, Tenreiro states consolidation/coordination of claims is statute-barred without the … Read more

Bitcoin Rallies Strongly as a $30bn Dump Rattles US Stock Futures

[ad_1] Bitcoin prices rose aggressively heading into the European session Monday, breaking above $58,000 as traders pinned their hopes on another all-time high milestone ahead. The benchmark cryptocurrency was changing hands for $58,146 at 10:18 UTC, up 4.25 percent from its intraday open. A record expiry of $6 billion worth of options contracts on Friday … Read more

FireProtocol Chooses Polkadot to Scale Up

[ad_1] FireProtocol, a next-generation protocol known for being the first infrastructure to use Huobi Eco Chain, has decided to migrate its DeFi products over to Polkadot to allow for better scalability and long-term growth. The decision comes as FireProtocol has already enjoyed a great year in terms of market adoption and continues to grow its … Read more