• China's flag and bitcoin
    Asia & Australia,  Bitcoin,  Politics,  Ripple,  United States,  XRP

    Does the White House Prefer XRP to BTC?

    China’s control over Bitcoin network said to make Trump Admin uneasy

    The battle for dominance in the digital asset space just went big. And now it looks like it’ll include political might, too. According to a story in Forbes Tuesday, “Many in the bitcoin and cryptocurrency industry have expressed concern about how much control [mining concentration] gives China over bitcoin, with the Beijing-based Bitmain Technologies mining more than half the world’s bitcoins.” American crypto companies have noticed, as well. In a recent interview in Breaker, Ripple’s Chief Market Strategist Cory Johnson stated that the Trump administration was doing its “homework” regarding China’s dominance over Bitcoin, and more specifically, the mining operations that provide the necessary security for Bitcoin’s blockchain. In recent years China has become…

  • Tether
    Bitcoin,  Canada,  Innovators,  Media,  Ripple,  Tether,  XRP

    Must-reads for October 15, 2018: Tether’s collapse may have just begun

    These are the crypto stories you should be following today

    Newsflash: Bitcoin Surges to $7,500 on Bitfinex Due to Tether Implosion, Real Price $6,700 (CCN) When we broke news that Tether’s former bank, Noble, is in financial trouble and that a large holder of tether had trouble dumping a few million of them, we were originally going to title it “Tether’s collapse may have just begun.” But we didn’t. We should’ve, though. Anyway, you’re seeing a premium in bitcoin versus tether on some tether-only exchanges. You have holders of tether trying to get out by trading them for bitcoin, pushing up the price of BTC on those exchanges. Simultaneously, it’s lowering the price of USDT. At some point, tether—which is…

  • Cory Johnson
    Media,  Ripple

    Bloomberg tech host quits to join Ripple

    Cory Johnson to become the crypto payments company’s chief market strategist

    The new face of Ripple is, in fact, an old familiar one for many investors. Cory Johnson, who for many years served as a host on Bloomberg Television as well as editor-at-large, has joined the Ripple team to become the crypto payments company’s chief market strategist. Johnson announced his new job on Twitter, linking to a CNBC story about it: Big news- I’ve joined @Ripple as chief market strategist. $XRP https://t.co/XASghaYJAQ — Cory Johnson (@CoryTV) March 9, 2018 The move is so sudden that he has yet to update his LinkedIn profile though his bio has been scrubbed from Bloomberg’s website. Johnson, who was at Bloomberg for seven years, was…