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Ripple's XRP becomes the king of cryptocurrencies

Just when we were talking about how Ripple is less volatile than its cryptocurrency counterparts, Ripple's XRP caught everyone by surprise and reached new highs on Thursday. Meanwhile, most of the other cryptocurrencies saw a bearish sentiment. So what's going on? Let's take a look. Asians go after the wave Apparently, 61 banks in Japan plan to launch a new …

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Cryptocurrency Bitcoin Price Falls Below $ 14,000

Bitcoin's fast profits this year have stimulated alarm among some politicians Bitcoin price volatility continues, with the Sharp drop in the value of the cryptocurrency that continues this week. The Bitcoin price fell more than 10 percent to less than $ 14,000 in Bitstamp on Friday, according to data from the Luxembourg-based cryptocurrency exchange. The digital currency reached a record …

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Breakingviews – Eric Schmidt of Alphabet sails before the storm

NEW YORK (Reuters Breakingviews) – Eric Schmidt is sailing before a storm. The CEO of Alphabet will step down as the father of $ 740 billion from search and advertising giant Google for a showdown with European regulators. Hiring a strong and independent president would reflect the co-founders and major shareholders Larry Page and Sergey Brin in more ways than …

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Nestle warned that it has no rights over California's water

Nestl√©, which sells bottled Arrowhead water, may have to stop taking millions of gallons of water from the San Bernardino National Forest of Southern California because state regulators concluded that it lacks valid permits. The State Water Resources Control Board notified the company On Wednesday, an investigation concluded that it does not have the necessary rights for approximately three-quarters of …

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Why investors do not spend their cryptocurrency?

One might think that the main objective of Bitcoin should be to replace the fiduciary money with transactions. However, as time passes, Bitcoin and other cryptocurrencies often serve more as a store of value than as a cash replacement. In fact, many are reluctant to spend their digital money. Why do not users spend cryptocurrencies? This reluctance to spend their …

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