Riot Blockchain stock plunges 20% following parabolic rally

Shares of crypto mining company Riot Blockchain (RIOT) plunged on Thusday, giving back a portion of a parabolic rally that was largely driven by news of a major boost in hash rate capacity.  RIOT fell 20.4% to close at $62.03 on Thursday but was moving slightly higher in after-hours trading. At current values, RIOT has…

Why DeFi, not Bitcoin or Dogecoin, will be the next big crypto explosion

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BlackRock has begun to ‘dabble’ in bitcoin because investors are hunting for ‘storehouses of value,’ according to fixed-income boss Rick Rieder | Currency News | Financial and Business News

BlackRock’s chief investment officer, Rick Rieder. Steve Marcus/Reuters The world’s largest asset manager entered the bitcoin space due to its growing respectability as an asset class, investment chief Rick Rieder told CNBC on Wednesday.  While bitcoin’s volatility is extraordinary, he said on “Squawk Box,” investors are still hunting for storehouses of value. “People are looking…

Unido Partners with LGCY for Better Enterprise Solutions on the Blockchain

Adelaide, Australia, Feb. 18, 2021 (GLOBE NEWSWIRE) —  Crypto custody service and enterprise platform, Unido, has announced its partnership with LGCY, an open-source blockchain protocol. Users of the LGCY enterprise client will benefit from Unido’s secure multi-signature wallet technology. The pairing is set to welcome an incoming wave of institutional investors who are resorting to…

DSG Global to Accept Crypto Currency through Partnership with GreenBox POS Other OTC:DSGT

SURREY, British Columbia, Feb. 18, 2021 (GLOBE NEWSWIRE) — DSG Global, Inc. (OTCQB: DSGT) (“DSGT” or the “Company”) announced today that its subsidiary companies, Imperium Motor Corp., and Vantage-Tag Systems, will begin accepting cryptocurrencies for payments through a partnership with GreenBox POS (NASDAQ: GBOX). GreenBox POS is an emerging fintech company leveraging proprietary blockchain security…

Ripple is on the verge of a 35% upswing to $0.72

XRP price is forming a bull flag pattern on the 4-hour chart, indicating that a breakout is underway. If Ripple manages to break out of the resistance at $0.56, then a 35% upswing seems likely. Rejection from this critical supply barrier would result in a pullback to the 100 four-hour moving average at $0.49. XRP…