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Delphi Digital: BTC Is “King Of The Asset Class”

The blockchain research and consulting company, Delphi Digital has released a report that claims Bitcoin is still the “King of the Asset Class”. The report looks into the performance of the leading cryptocurrency over the past four months which has seen a lot of gains after the end of last years bear market bonanza. 0/ Using UTXO age dynamics across market cycles, we attempt to time a price bottom for #Bitcoin by understanding when selling pressure from long term holders will wane. Our analysis suggests a likely bottom for $BTC in Q1’19 (see report for detail)https://t.co/YSUA4rIt7a — Delphi Digital (@Delphi_Digital)...

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Why The S&P 500’s ‘Changed’ Outlook Could Benefit Bitcoin (BTC)

Markets seem to have taken a 180 degrees turn after a changed stock market outlook based on hopes of a rate cut in July. Just last week, the S&P 500 Index closed below the 50 day moving average. If the index had closed another week in red, it would have been disastrous not just for the stock market but for other markets as well. Cryptocurrencies in particular would have taken a massive hit and Bitcoin (BTC) would have tanked hard. However, after the Fed pumped life into the stock market again, investors reacted quickly to buy the dip. A quick...

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SCB Thailand Confirms Use Of XRP

The biggest commercial bank in Thailand, the Siam Commercial Bank (SCB), has once again hinted at the use of XRP token. Well we say hinted but it’s essentially confirmation as a tweet from the bank's official account yesterday says this: XRP system will be announced soon.Please follow our official schedule on social media again. — SCB Thailand (@scb_thailand) June 5, 2019 The SCB has previously mentioned XRP on their Twitter page but they have always said that it would inform users about the XRP acceptance when the news was ready. So far, the bank has conducted a cross-border transfer pilot...

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Ripple Branch Out To Swiss Lands To Encourage Further Institutional Investment

There’s been some pretty new wave stuff going on at Ripple over the past week. Recently, Ripple branched out a new office in Switzerland for the purpose of selling XRP to institutional investors. The new office is in going to be home in Zurich, one of the biggest cities with the most number of banks. June 4, 2019*.@Ripple Switzerland LLC obtains Commercial Registry*• Social purpose: "sale of digital assets #XRP to institutional buyers"• Incorporation date:29/05/19• Headquarters: Zürich• Sector: Services for banks and credit institutionshttps://t.co/Lt4TMxOj4q pic.twitter.com/cwO4lM3J2Q — XRP Research Center (@XrpCenter) June 5, 2019 During the recent Swiss National Bank Conference...

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Justin Suns’ $4.5 Million Dinner With Warren Buffett Has Launched His Popularity

The famous CEO and founder of TRON, Justin Sun shot up in the news this week after he won a charity dinner with one of the richest people in the world, Warren Buffett. Given that almost every mainstream outlet wrote about the Chinese entrepreneur, who happens to be at the helm of another major cryptocurrency company, it doesn’t shock us to know that that Sun jumped on Google Trends after getting major media exposure. I officially announce I’ve won the record-setting 20th-anniversary charity lunch hosted by @WarrenBuffett. I’ll also invite #blockchain industry leaders to meet with a titan of investment....

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