Kik is trying to argue that their cryptocurrency is a foreign money and never a security following their $one hundred million ICO. We focus on how Coin Metrics has discovered that Ripple Labs has dumped more Ripple (XRP) than formally said, to the tune of about $a hundred million. The remainder of the crypto market is in the green, especially Ripple (XRP) which is up 24%. We discuss how Starbucks, Whole Foods, Baskin Robbins, Regal Cinemas, amongst different major retailers, have begun accepting Bitcoin (BTC) via the flexa app. Altcoins surged 10-20% last night time and Bitcoin (BTC) concurrently hit a new 2019 excessive of $8,365. Bitcoin (BTC) reached a brand new 2019 high of $8,300 in the early morning hours and the uptrend continues. We focus on how the mempool has swelled to 40-50 MB, the highest levels of 2019, and Bitcoin (BTC) transaction charges are near $4. Early investors purchased shares at $22.50 and due to this fact made profits of 6,600%. We talk about how Tether Limited has admitted in court docket that they use Tether’s (USDT) reserves to buy Bitcoin (BTC) and different undisclosed belongings, in distinction to the unique promise that Tether Limited would hold a dollar in the bank for each Tether (USDT) in circulation. Hear about how BitMEX has a $200 million insurance fund, and the way this is 0.15% of all of the Bitcoin (BTC) in circulation
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