Ripple Signs Agreement With Saudi Arabia’s Central Bank

Earlier this week, Ripple announced a new agreement with The Saudi Arabian Monetary Authority (SAMA) to help banks in the nation improve their payments infrastructure. This announcement comes several weeks after Ripple’s CEO, Brad Garlinghouse, unofficially revealed the partnership at the Blockchain Connect Conference in San Francisco. The partnership will allow several banks from the…

India bitcoin price decrease

Making Sense of Bitcoin’s Recent Price Decline

Bitcoin suffered a sharp decline over the past few days, falling below $10,000. A deeper analysis of sentiment drivers, however, shows that Bitcoin’s bad publicity has little foundation, as every piece of bearish news turned out to be nothing more than a misinterpretation. Given the popularity of Bitcoin and other cryptocurrencies in India, it should…

coin market cap south korea exclude bitcoin

CoinMarketCap Revises its Pricing Methodology

In recent months, there have been a number of events that have caused short-term volatility in cryptocurrency markets. These have included suggestions of increased regulation around cryptocurrency trading by certain Asian governments and, more simply, short-term traders exiting the market to realize substantial gains. On January 8, it happened yet again, when there was what…

bitcoin rise in 2017

2017: Year of the Bitcoin

It’s official, Bitcoin has been named Investopedia’s 2017 “Term of the Year.“ Anyone familiar with the digital currency might not find this news surprising, as Bitcoin’s rapid rise has been the talk of even those outlets and institutions who have previously taken a lukewarm approach to it. Bitcoin beat out various other trending searches, such…