Francisco Memoria

News Reporter

Francisco is a cryptocurrency writer who's in love with technology and focuses on helping people see the value digital currencies have. His work has been published in numerous reputable industry publications. Francisco holds various cryptocurrencies

Articles by Author

Bitcoin More Likely to Succeed Than Ethereum, Investment Guru Suggests

Strategist and investment guru Lyn Alden has suggested that over the long-term bitcoin is more likely to succeed than Ethereum’s ether, as she considers ETH an “unfinished product” when compared to BTC. According to a newly published economic analysis of Ethereum, first spotted by Cointelegraph, Alden sees the smart contract network as a functional one […]

Record $3.7 Billion in Bitcoin Options Set to Expire After Open Interest Surpasses $9 Billion

Open interest on Bitcoin options has increased steadily over the last few months to surpass $9 billion, $3.7 billion of which are set to expire on January 29 – a new record – as speculation and institutional adoption keeps growing. According to data from crypto analytics website Bybt, open options contracts are now worth around […]

Bitcoin Mentioned as Possible Reserve Currency by Former Canadian Prime Minister

Former Canadian Prime Minister Stephen Harper has mentioned bitcoin and gold as potential reserve currencies that could replace the U.S. dollar, along with a “whole basket” of other assets. Harper’s words came during an interview with investment service Cambridge House’s Jay Martin, at the Vancouver Resource Investment Conference. Harper said that the possibility of the […]

UK Man Offers City $72 Million for Permission to Dig up Discarded Bitcoin Fortune

James Howells, a UK-based IT worker, has offered the Newport city council $72 million in exchange for permission to dig up a hard drive he discarded back in 2013, which has 7,500 BTC stored in it. According to The Telegraph, Howells accidentally threw away the hard drive while cleaning his house back then. His Bitcoin […]

Crypto Whale Pays $7 in Fees to Move Over $1 Billion on Ethereum

A cryptocurrency whale has paid a $7.5 fee to move over $1 billion worth of Synthetix Network (SNX) tokens on the Ethereum blockchain, at a time in which the price of ETH itself is close to hitting its all-time high near $1,400. According to Etherscan data, the funds were moved from a contract called “Synthetix: […]

EOS Might Be Highly Undervalued Due to Amount of BTC It Holds, Says Arca CIO

Jeff Dorman, CIO of investment management firm Arca, has revealed he believes it may be possible to get exposure to bitcoin at a 47% discount to current prices, by investing in an altcoin he believes might “be the best risk/reward in digital assets.” In a tweet thread, Dorman first pointed out that EOS has been […]

Tether’s Bank Discloses ‘Large Position’ in Bitcoin

Deltec, the Bahamas-based bank that holds the reserves for the cryptocurrency space’s leading stablecoin issuer Tether, has revealed it has a “large position” in bitcoin and has been buying BTC since it was trading at $9,300. In a 2020 review video the firm published, first spotted by Twitter user lenne, the firm’s Chief Investment Officer […]

Ethereum Price Moves up to $1,200 as Demand Threatens to Outstrip Supply on Exchanges

The price of Ethereum, the second-largest cryptocurrency by market capitalization, has moved back up to the $1,200 mark after falling below $1,000 earlier this week at a time in which outflows from cryptocurrency exchanges suggest demand could outstrip supply. According to Nuggets News’ Alex Saunders, data shows that exchange reserves have fallen by 3 million […]

Crypto Strategist Unveils His Top Altcoin Picks for the Year

The host of the Coin Bureau channel on YouTube has revealed his top five altcoins picks for this year in a video published for his 225,000 subscribers, and noted he expects a smaller number of altcoins to benefit from the bull market. In the video, first spotted by Daily Hodl, the pseudonymous analyst noted that […]

Bitcoin Unlikely to Drop Below $30,000, Crypto Analysts Explain

Bitcoin’s price has been rather volatile over the last few weeks. The cryptocurrency’s recent plunge that wiped around $200 billion from the crypto space scared investors, but a key support level may be being held by institutional investors. The price of bitocin how a new all-time high near $42,000 this month, after surpassing its previous […]

Institutional Investment Could Help Calm Bitcoin Volatility, Says Goldman Sachs Exec

Jeff Currie, Goldman Sachs’ head of commodities research, has said that more institutional investment could help calm bitcoin’s volatility at a time in which the market is showing signs of maturing. Speaking to CNBC’s Steve Sedgwick in an interview,  Currie revealed he believes that more money from the financial world would need to flow into […]

Japan’s Top Securities Watchdog Says XRP Is Not a Security

Japan’s top securities watchdog, the Financial Services Agency (FSA) has reportedly said it does not consider XRP to be a security, arguing the token does not meet the definition of a security under Japanese law. According to TheBlock, Japan’s FSA said in an email, before pointing out it “refrains from making comments about other authorities’ […]

Bitcoin Replacing Gold Is a ‘Real Possibility’, Says Veteran Investor Todd Horwitz

Veteran trader Todd Horwitz has revealed that while he doesn’t believe bitcoin will replace gold as the de-facto store of value, he says it’s a “real possibility” as central bank intervention in the financial markets has been pushing investors toward crypto. Horwitz’s words came during an interview with Kitco News, first spotted by Daily Hodl, […]

Number of Ethereum Whales Jumps as ETH Search Interest Hits New All-Time High

Ethereum addresses with at least 10,000 ETH ($10.7 million) in them have recently jumped, even as the price of the cryptocurrency remains above $1,000 and threatens to move to its previous all-time high near $1,400. Its price and whale accumulation comes as search interest hit a new high. According to data from Santiment, the number […]

Billionaire Investor Howard Marks Thankful His Son Owns Bitcoin

Billionaire Investor Howard Marks, co-founder of $140 billion asset management firm Oaktree Capital Group, has revealed he is “thankful” his son Andrew owns bitcoin and admitted he needs to change his “skeptical view” on cryptoassets. In his latest investor memo, first spotted by Cointelegraph, Marks pointed out that while he was critical of bitcoin during […]

Bitcoin’s Next Move Could Make or Break Its Bull Run, Analysts Say

The price of bitcoin has fallen from a new all-time high near $42,000 to $34,500 and is currently trading at a key technical level that could define whether its uptrend has reached a top, or whether there’s more upside for BTC. According to analysts Business Insider spoke to, the price of BTC is close to […]

GateHub Joins Uphold in Keeping XRP Listed Until the SEC’s Lawsuit Against Ripple Is Resolved

United Kingdom-based cryptocurrency gateway service GateHub has revealed it will keep XRP listed until the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs is resolved, following the footsteps of crypto exchange Uphold. According to an announcement GateHub published, the company will wait for a decision on whether XRP is a security before delisting […]

Management Sends Bullish Signal to Market with $1.1 Million Personal Investment in BTCS, A Rising Publicly Traded Bitcoin Star

BTCS Inc. (OTCQB: BTCS), a publicly traded Company focused on digital assets and Blockchain technologies, recently announced that management invested $1.1 million in the Company.  This is a particularly bullish sign for investors in BTCS, as it provides strong evidence of management’s belief in its business model and growth potential. The round was led by […]

U.S. SEC Thinks XRP Is a Security but UK Treasury Doesn’t

The government of the United Kingdom has described the XRP token as an “exchange token” in an example given in a new document outlining the country’s regulatory approach to cryptoassets and stablecoins. According to the document, published by Her Majesty’s Treasury, XRP is, just like Bitcoin and Ethereum, seen as an “exchange token” which is […]

The Story of Satoshi’s First Ever Bitcoin Transaction

The first transaction ever sent on the Bitcoin blockchain was sent 12 years ago, on January 12, 2009 from the cryptocurrency’s pseudonymous creator Satoshi Nakamoto to long-time cryptographer and cypherpunk Hal Finney. In block 170 of the cryptocurrency’s network, Satoshi Nakamoto sent 10 BTC to Hal Finney, with a transaction cost of 0 BTC. At […]

PayPal Sees Crypto Trading Volume Surge as Bitcoin Price Recovers

Payments firm PayPal has hit a new record in cryptocurrency transaction trading volumes as the price of bitcoin bounces back from a plunge that saw it drop from a near $42,000 all-time high to $30,500. On social media, Alex Saunders pointed out that PayPal doubled its previous crypto trading volume record yesterday, as first spotted […]

Bitcoin Rebounds to $35,000 After Enduring ‘Healthy’ Correction

The price of bitcoin has bounced back from the plunge it saw over the weekend, which took it from a new all-time high near $42,000 to a low under $30,500 before it started recovering. While analysts are puzzled as t what’s in store for the cryptocurrency, some assert the correction was “healthy.” The flagship cryptocurrency […]

Bitcoin Price Surpassing $300,000 ‘Would Not Be Weird’, Says Popular Crypto Analyst

Popular cryptocurrency trader and analyst Michaël van de Poppe has revealed he believes the price of bitcoin could get to $300,000 this bull cycle, based on comparisons drawn from the dot-com bubble. In a recently published video, first spotted by the Daily Hodl, the cryptocurrency analyst told his 20,000 subscribers he believes the cryptocurrency could […]

Elon Musk Trolls Bitcoin Community Over Accepting BTC Payments

Tesla and SpaceX CEO Elon Musk has trolled the bitcoin community over whether he would accept bitcoin payments, implying he would not turn down an offer to get paid in BTC in the future while replying to author Ben Mezrich. Mezrich is the author behind titles like “The Social Network” and “Bitcoin Billionaires,” the latter […]

Ripple-Backed Flare Networks Announced Spark (FLR) Token Airdrop to Litecoin Holders

Ripple-backed cryptocurrency startup Flare Networks has announced it plans to airdrop Spark (FLR) tokens to Litecoin (LTC) holders and bring smart contract capabilities to the cryptocurrency often referred to as the silver to bitcoin’s gold. According to a tweet the startup published, Flare will be integration LTC ahead of the network’s launch in Q2 of […]

Crypto Analyst Tells Investors to Avoid Becoming ‘Whale Food’ as Bitcoin’s Price Drops

Cryptocurrency analyst Lark Davis has warned bitcoin investors they should avoid becoming “whale food” at a time in which the price of BTC has dropped over 12% in the last 24-hour period to less than $35,000. According to the Daily Hodl, Davis warned in a new synopsis of crypto markets that large bitcoin holders are […]

Bitcoin Surging to $100,000 Could See Square Make $1 Billion in Profit From Crypto, Analyst Says

If the price of bitcoin were to surge to $100,000 this year, the price Square could make through cryptocurrency transactions on its Cash App could surge to $1 million, according to Wall Street analysts at Mizuho Securities. According to Business Insider, in a note sent to clients the analysts wrote that if by the end […]

Crypto Derivatives Volumes Hit New $1.43 Trillion All-Time High in December: Report

Derivatives trading volumes in the cryptocurrency space hit a new all-time high of $1.43 trillion in December, after rising 8.6% when compared to the previous month. In December, it’s worth noting, the price of BTC surged to $29,000. According to CryptoCompare’s December 2020 Exchange Review, while derivatives trading volumes surge to a new all-time high […]

MicroStrategy CEO: Bitcoin Is Like YouTube Except for Money Instead of Videos

Michael Saylor, CEO of the Nasdaq-listed business intelligence firm MicroStrategy, has compared bitcoin’s disruption to the banking industry to that of YouTube to visual media, pointing out YouTube allows anyone to spread their message out there, and BTC allows anyone to be their own bank. Saylor’s words came during an episode of The Saylor Series […]

Bitcoin Will One Day Hit $1 Million, Says BTC Bull Anthony Pompliano

Anthony Pomploiano (aka “Pomp), a co-founder of crypto-focused asset management firm Morgan Creek Digital Assets and a well-known BTC bull, revealed he believes the price of bitcoin will one day hit $1 million per coin. Speaking to CNBC’s Melissa Lee on “Fast Money,” Pompliano was asked about the recent price prediction JPMorgan analysts led by […]

Ethereum Close to All-Time High as Google Searches for It Hit New Record

Ethereum, the second-largest cryptocurrency by market capitalization, has entered the list of the top 100’ assets by market capitalization as its price has been closing in on its previous all-time high close to $1,400 and as Google searches for it hit a new all-time high. According to data from AssetDash, Ethereum is currently the 70th […]

Bitcoin’s Price Could Be Ready for ‘Explosive Move Upwards’, Indicator Suggests

While the price of bitcoin has been surging exponentially so far this year and the cryptocurrency is now trading at a new all-time high above $39,300, an indicator suggests that its price is not overvalued and could be ready for another “explosive move upwards.” According to the latest weekly report from Stack Funds, first spotted […]

Ethereum ‘Might Well Go to $20,000 This Cycle’, Says Former Goldman Sachs Exec Raoul Pal

Former Goldman Sachs executive Raoul Pal has revealed he believes the price of Ethereum (ETH), the second-largest cryptocurrency by market capitalization, could ho to $20,000 “this cycle,” based on Metcalfe’s Law. Revealing parts of his next Global Macro Investor (GMI) research, Raoul Pal said on social media that it’s “all Metcalfe´s Law,” and that “ETH […]

World’s First Actively Managed Crypto ETP Expands Across Europe

Switzerland-based cryptocurrency investment management boutique FiCAS has announced it secured regulatory approval and passporting for the Base Prospectus and accompanying product documentation for its 15 FiCAS Active Crypto ETP (BTCA). According to a press release shared with CryptoGlobe, the 15 FiCAS Active Crypto ETP is the world’s first actively managed cryptocurrency exchange-traded product (ETP), and […]

XRP Price Jumps Over 50% as Community Signs Petition, Airdropped FLR Token Starts Trading

The price of XRP has jumped by more than 50% in the last 24 hours as the cryptocurrency’s community has rallied to support the token through a petition, and the Spark (FLR) token airdropped to holders has started trading on exchanges. The price of XRP dropped after the U.S.  Securities and Exchange commission’s (SEC) announced, […]

Bitcoin and Ethereum Could See ‘Triple-Digit Gains’ This Year, Says Crypto Firm CEO

Greg King, CEO of crypto firm Osprey Funds, has revealed he believes the price of bitcoin and ether could both double this year, as BTC’s break to a new all-time high was part of a larger bull run, he says. According to Business Insider, King believes the recent sell-off in crypto markets, which saw the […]

Crypto Exchange Uphold to Keep XRP Listed Until SEC’s Lawsuit Against Ripple Is Resolved

Cryptocurrency exchange Uphold has revealed it will maintain the XRP token listed on its platform until the U.S. Securities and Exchange commission’s (SEC) lawsuit against Ripple Labs is resolved. The lawsuit was filed on December 22,  one day before former SEC Chairman Jay Clayton resigned, and names Ripple’s two of its executives, who are also significant […]

Coinbase Helps One River Execute One of the ‘Largest Digital Asset Trades in History’

San Francisco-based cryptocurrency exchange Coinbase has revealed it helped One River Asset Management, a hedge fund specializing in volatility bets, execute one of the “largest digital asset trades in history.” In a blog post, Coinbase’s Head of Institutional Sales, Trading, Custody, and Prime Services Brett Tejpaul wrote the exchange was selected as One River’s partner […]

Popular Crypto Trader Says This Little-Known DeFi Powerhouse Token Could Surge in the Short-Term

Tyler Swope, a popular cryptocurrency trader with a large following on social media, has revealed in a new video he believes the Chi Gastoken (CHI), a little-known token created by the team behind decentralized finance (DeFi) powerhouse 1inch.exchange, could surge tenfold in the new future. The Ethereum-based token, Swope said, can help traders capitalize on […]

Bitcoin Is ‘Poison’ for Cash, Says Veteran Investor Bill Miller

Veteran investor Bill Miller, whose mutual fund outperformed the S%P 500 in 2020 for the second year in a row, has weighed in on bitcoin’s recent price rise and said he believes the flagship cryptocurrency could be seen as “poison” for cash. Referring to Warren Buffett’s famous words on BTC, saying the cryptocurrency is “probably […]

WikiLeaks Receive $280,00 Bitcoin Donation After Court Rules Assange Cannot be Extradited

WikiLeaks has received a donation of 8.48 BTC, worth over $280,000 at the time it was sent after a British judge ruled that its founder Julian Assange cannot be extradited to the U.S. to face charges of espionage. The bitcoin transaction was first spotted by large transaction monitoring service Whale Alert, which identified the funds […]

Ethereum’s Growing Transaction Fees Shouldn’t Stop Users. Here’s Why

Transaction fees on the Ethereum network have surged since the start of 2020, as demand for blockspace grew along with the decentralized finance (DeFi) space, as more users started interacting with protocols built on top of Ethereum. Data from BitInfoCharts shows that in January 2020, the average transaction fee on the Ethereum blockchain was less […]

Grayscale Removes XRP From Its Digital Large Cap Fund

The XRP token has been dropped from the Grayscale Digital Large Cap Fund, which is also made up of other top cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, over the recent lawsuit the U.S. Securities and Exchange Commission (SEC) filed against Ripple. As CoinDesk reports, Grayscale has dropped XRP from its Digital Large Cap […]

$1.7 Billion Bitcoin Outflows Suggest Institutions Bought BTC Above $30,000

As the price of bitcoin remains above $31,000 after dropping slightly from a new all-time high above $34,000, record outflows from popular cryptocurrency exchange Coinbase suggest institutions have kept on buying BTC, even above $30,000. According to on-chain analytics data firm CryptoQuant, outflows from the professional trading platform of the San Francisco-based exchange Coinbase Pro, […]

Nearly $10 Trillion Have Been Settled on the Bitcoin Blockchain

Since the Bitcoin blockchain was launched back in 2009, nearly $10 trillion in value has changed hands through it, with over $7.5 trillion changing hands since 2018 after the cryptocurrency’s price and popularity surged. According to a tweet from ARK Investment’s Yassine Elmandjra, sharing data from on-chain analytics firm Glassnode, the value being settled on […]

Miami Mayor ‘Open’ to Exploring Allocating 1% of City’s Reserves to Bitcoin

The mayor of Miami, Francis Suarez, has revealed he is open to exploring allocating 1% of the city’s treasury reserves into bitcoin. Suarez has been exploring the cryptocurrency over the last few weeks. The mayor of the city of Miami, Florida revealed he is open to allocating part of the city’s treasury reserves into BTC […]

Ethereum’s Price Is ‘Going to Rocket up’ Says Analyst Who Called BTC’s Bear Market Bottom

A crypto strategist who called bitcoin’s bear market bottom back in 2018 and goes by Smart Contracter on social media, has revealed he believes the price of Ethereum is “going to rocket up” in the near future. In a new video, first spotted by Daily Hodl, Smart Contracts tells his nearly 75,000 followers that Ethereum […]

Bitcoin Is Sound Money, Peter Schiff’s Bitcoiner Son Argues

The pro-bitcoin son of famous gold bug Peter Schiff, Spencer Schiff, has argued that BTC is “sound money” while claiming his dad’s understanding of money is “flawed.” Peter Schiff, it’s worth noting, is a well-known bitcoin bear. On Twitter, Peter Schiff and TV personality Max Keiser were debating the use of bitcoin and gold as […]

Chainlink User Receives $11,000 in Donations After Losing $45,000 in Smart Contract Error

A Chainlink user going by dawidkabani13 on GitHub has received $11,000 in donations after losing 4,005 LINK tokens due to a mistake where he sent a transaction to a smart contract on the Ethereum blockchain that did not support the token. The user sent the funds to the Aavegotchi (GHST) smart contract and after realizing […]

eToro Suspends XRP Trading for U.S. Users Over SEC’s Lawsuit Against Ripple

Social trading platform eToro has become the latest firm to suspend XRP trading following the U.S. Securities and Exchange commission’s lawsuit against Ripple Labs over the sale of the cryptocurrency. In an update, eToro’s team cited the lawsuit as the reason for the suspension, but stressed that the move will, for now, only affect its […]

MicroStrategy’s Stock Price Is up Nearly 200% Since It Bought Bitcoin

The stock price of business intelligence firm MicroStrategy (NASDAQ: MSTR) is up nearly 200% since the firm first started investing in bitcoin in August of this year. Part of the stock’s price rise has been attributed to its BTC investment. Back in August, MicroStrategy made a massive $250 million bet on bitcoin as part of […]

Bitcoin Surpasses Berkshire Hathaway’s Market Cap at $540 Billion

The market capitalization of the flagship cryptocurrency bitcoin has risen to surpass that of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B), a business giant led by legendary investor Warren Buffet, who has in the past said BTC is “probably rat poison squared.” According to AssetDash, BTC’s market cap is now $540.9 billion, while Berkshire Hathway’s market […]

Crypto Market Cap Closes in on $750 Billion as XRP, DOT, OKB Stand Out

The total market capitalization of all cryptocurrencies is currently hovering around $740 billion, closing in on the $750 billion mark. The total market cap, it’s worth noting, still hasn’t reached its all-time high near $830 billion seen in January 2018. In 2018, the price of bitcoin hit a new high at the time near $20,000. […]

Nomura Analyst Defends XRP as Token’s Price Stalls

An analyst from the economic research firm Nomura Research Institute, Sadakazu Osaki, has argued that the XRP token is not a security. Key Ripple partner SBI Holdings, a financial giant that has even distributed XRP to shareholders, echoed Osaki’s sentiment. According to a report published by the analyst, first spotted by Bitcoin.com, the XRP token […]

SEC Lawsuit Hurt ‘Countless Innocent XRP Retail Holders’, Ripple Says

Ripple Labs has released a statement on the U.S. Securities and Exchange Commission’s lawsuit against the firm, alleging it sold $1.3 billion worth of XRP, which is seen as an unregistered security. In the statement, Ripple said  that the SEC’s decision to file a lawsuit against the firm is “an attack on the entire crypto […]

SkyBridge Capital Invested $182 Million in Bitcoin, Says It’s ‘Digital Gold’

SkyBridge Capital, the investment firm run by Anthony Scaramucci, has reportedly already invested $182 million in bitcoin and said in an investor brochure the flagship cryptocurrency is “digital gold.” According to CoinDesk, the firm has a total of $9.3 billion in assets under management and is launching a bitcoin fund, the SkyBridge Bitcoin Fund LP, […]

OKEx Announces Mainnet Launch of ‘High-Performance Trading Chain’ OKExChain

Popular bitcoin exchange OKEx has announced the mainnet launch of its “high-performance trading chain” OKExChain for January of next year, across four main stages that will ensure the network’s security and reliability. According to OKEx, OKExChain has been in development for “just under three years,” and went through three major phases on its journey to […]

Bitcoin Is Once Again Parabolic, Says Trader Who Called BTC’s 84% Decline in 2018

Peter Brandt, a well-known cryptocurrency trader famous for accurately predicting bitcoin’s collapse in 2018 following a bull run that saw the price of the cryptocurrency surpass $19,000 for the first time, has posted a new analysis on BTC’s charts. On Twitter, Brandt pointed out he believes bitcoin is in the midst of a parabolic rally […]

Bitcoin’s Price Could Hit $200,000 Before Move ‘Exhausts Itself’, Says Analyst

The price of bitcoin could hit $150,000 or even $20,000 before its bull run “exhausts itself,” according to the managing director of FX strategy at BK Asset Management Boris Schlossberg. Speaking in an interview during CNBC’s “Trading Nation,” Schlossberg noted that institutional interest in bitcoin “bodes well for the asset,” and noted the cryptocurrency’s price […]

XRP Price Plunges After Coinbase, Crypto.com Announce Trading Suspension

The price of XRP, previously the third-largest cryptocurrency by market capitalization, has plunged over 25% in 24 hours after popular cryptocurrency exchange Coinbase and Crypto.com announced trading suspensions for the cryptocurrency. The suspension announcements came after the U.S. Securities and Exchange Commission (SEC) sued Ripple Labs over the sale of XRP, alleging it’s an unregistered […]