Tag: cryptocurrency

Payments Giant MoneyGram Pausing XRP-Powered Settlements, CEO Comments on Relationship With Ripple

Payments giant MoneyGram has suspended its use of XRP payments as Ripple deals with an ongoing lawsuit filed by the U.S. Securities and Exchange Commission (SEC). MoneyGram chief executive Alex Holmes announced the move during a new conference call on the company’s fourth quarter and full-year 2020 financial results. The SEC filed a lawsuit in

North American Bitcoin ETF Erupts, Analyst Says It Could Soon Shatter $1 Billion in Assets Under Management

A Bloomberg Intelligence analyst is estimating that the first North American Bitcoin exchange-traded fund (ETF) is on track to reach $1 billion in assets under management (AUM) in the coming days. In a new tweet, Bloomberg Intelligence’s senior ETF analyst Eric Balchunas predicts that the Purpose Bitcoin ETF, which trades under the BTCC ticker on