cryptocurrency - The Urban Mine

Amazon Quietly Removes Job Ad Revealing Digital Currency Plans – Here’s What We Know So Far

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Posted on February 12, 2021

Online retail giant Amazon has removed a job advertisement stating the company is working on a digital currency project. The job listing described an initiative that would be initially implemented in Mexico, allowing users to swap their cash for virtual currency. “We are looking for a leader to help us launch a new payment product

Ripple Patents XRP-Powered On-Demand Liquidity Network for Cross-Border Transactions

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Posted on February 12, 2021

Ripple has patented a network computing system for its XRP-powered cross-border payment product, On-Demand Liquidity (ODL). The United States Patent and Trademark Office (USPTO) officially granted the patent on January 26th, according to documents filed on the USPTO website. Ripple’s patent explains that ODL helps banks avoid keeping money tied up in the “correspondent banking”

PayPal Bringing Crypto Assets to UK Users and Venmo This Year, Supporting Four Crypto Assets

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Posted on February 12, 2021

PayPal is expanding global support for digital assets and bringing crypto capabilities to Venmo this year. Last November, payments giant PayPal began allowing its US users to purchase crypto assets through its app. According to Finance Magnate, this Thursday, PayPal vice president Jonathan Auerbach says the firm will soon extend those crypto services to its

New Crypto Asset Surges 1,463% in Just One Month – Here’s Why This Food-Themed Project Is Gaining Serious Adoption

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Posted on February 12, 2021

A relative newcomer in the decentralized exchange (DEX) space is witnessing massive trading volumes, with its native token skyrocketing as high as 1,463% in the past month. PancakeSwap (CAKE), which launched in late 2020, and is now the third-largest DEX with more than $444 million in daily trading volume at time of writing, according to

Shark Tank’s Kevin O’Leary Reveals Tiny Crypto Portfolio, Says Bitcoin Is Great

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Posted on February 11, 2021

Shark Tank star and millionaire investor Kevin O’Leary may be changing his tune on Bitcoin. O’Leary, who has been a vocal and longtime critic of digital assets, tells CNBC that he bought a small amount of crypto three years ago. “I have a crypto wallet. I really do, and I like it. Let me just

Crypto Whale Abruptly Moves $932,000,000 in Bitcoin in Single Transaction

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Posted on February 11, 2021

A crypto whale is turning heads after moving nearly $1 billion worth of Bitcoin in a single transaction. The automated distributed ledger monitoring tool known as Bitcoin Block Bot detected the massive BTC movement. The whale in question moved 20,099 BTC worth $932 million for a fee of roughly $37, according to Blockchain.com. Before the

Fundstrat Dramatically Increases Bitcoin Price Target for 2021, Predicts Ethereum Will Outperform BTC

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Posted on February 11, 2021

Investment research firm Fundstrat is more than doubling its 2021 Bitcoin price prediction, but bets Ethereum will significantly outpace the top cryptocurrency. Fundstrat’s lead digital asset strategist David Grider says that the investment research firm is raising its Bitcoin price target by two and a half times. “In our 2021 crypto outlook report two weeks

Analyst Says XRP Poised To Pop and Outperform Bitcoin – Here’s His New Target

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Posted on February 11, 2021

A pseudonymous crypto strategist with a large following on Twitter is bullish on XRP. The trader, known in the industry as Credible Crypto, tells his 113,100 followers that the crypto asset is likely to break out against Bitcoin in the short term. “Did I mention I think XRP is gonna pop? Odds XRP increases against

Billionaire Mark Cuban Now Owns Crypto Asset Backed by Investment Giant Pantera

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Posted on February 11, 2021

Mark Cuban now counts a Pantera Capital-backed crypto as one of the digital assets in his ever-growing cryptocurrency portfolio. Based on the contents of the Dallas Mavericks owner and Shark Tank star’s Ethereum wallet address, Cuban is now in possession of 2,500 PowerTrade Fuel (PTF) coins. PTF is the native token of PowerTrade, a crypto

Top Trader Says One Crypto Asset Is Sleeping Giant, Warns Altcoin Shakeout Imminent

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Posted on February 11, 2021

A popular crypto trader who made a name for himself calling the March BTC bottom is predicting that altcoins are due for a significant correction in the short term. The pseudonymous crypto trader known in the industry as Capo says they believe altcoins will witness a large inflow of capital, but only after a significant

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