Sales of Ripple fell 87% in the first quarter of 2020; Brave Browser integrates Binance Widget; Users rate cryptocurrency taxes positively. This and more.
Sales of Ripple fell 87% in 2020
According to the company’s latest market report, Ripple’s sales fell 87% this year.
This Thursday, Ripple reported a 87% loss in sales Token XRP in the first quarter of 2020 compared to the previous quarter. Sales in the first quarter of 2020 are the lowest since Ripple started reporting in 2016 as highlighted TheBlock.
According to the report of the payment company Blockchainsold a total of $ 1.75 million to XRP in the first quarter, compared to $ 13 million in the fourth quarter of 2019. The decrease in Ripple This is the result of a decline in direct institutional sales and a continuing pause in XRP sales in the EU exchange cryptocurrencies (programmatic sales).
As sales declined, the XRP price also fell slightly 9% to $ 0.1763 in the first quarter, compared to $ 0.1928 in the previous quarter. On the other hand, XRP’s global trading volume increased by 72%. From $ 17 billion in the fourth quarter of 2019 to $ 29.6 billion in 2020.
Browser Brave Integra Widget from Binance
This Friday is the technology-based browser Blockchain, Braveintegrated a Widget Trading that uses the world’s largest exchange Binance. Users can do this with the new privacy-based browser application Brave Manage and exchange cryptocurrencies.
Brave had initially announced its alliance with the change Crypto last month. Now the operation of the intermediary services Binance are already available in the browser. The Widget is this “first such browser sharing integrationAnd becomes users of the change Check your credit Binance, Deposit, conversion of cryptocurrencies as well as purchase and exchange of assets via the browser.
This integration enables millions of people around the world to seamlessly trade and manage #crypto, all without leaving the browser.
? Show credit
UBuy & sellhttps: //t.co/ZXIJwiqezf
– Binance (@binance) April 30, 2020
To learn more about how the new application works, enter here.
66% of respondents approve crypto taxes
A new study suggests that cryptocurrency users’ attitudes toward taxes are maturing towards the use of digital assets. South Korea’s wallet provider, CHILDLIKE discovered by A survey of more than 5,750 users worldwide found that 66% of respondents are in favor of taxing encryption resources.
According to the report, around 48% of respondents strongly support the idea of tax policy for cryptocurrencies and describe it as a must. Another 18% thought this was a requirement “acceptable“Which means that they don’t accept the idea with open arms, but they certainly don’t see it as completely negative.
In addition, 11% of respondents strongly opposed the taxation of digital assets and insisted that a completely new and different legal framework was required. While 9% were also concerned that taxing cryptocurrencies is too early, with little or no understanding.
Possible provisional settlement of a class action lawsuit Tezos of $ 25 million
The Tezos Foundation A class action lawsuit that has plagued her since the beginning of the project could be ended.
Tezos It started in 2017 after a historic Initial Coin Offering (ICO) that raised $ 232 million. However, eight months after the start, investors in the project filed four class action lawsuits after failing to receive them Token promised. They also accused Tezos Issue securities without a license from the United States authorities. United States
This Thursday, Northern California Judge Richard Seeborg gave his preliminary approval for an EU-proposed $ 25 million settlement Tezos Foundation to end a class action lawsuit. According to court records from a hearing on April 30: “The court will likely be able to approve the settlement, subject to further consideration in the settlement hearing“”
The Tezos Foundation and the plaintiffs are still waiting for a date for the settlement hearing.
Sources: TheBlock, Cointelegraph, Binance blog, Crypto-political
Annotation by Hannah Estefanía Pérez / DailyBitcoin
Picture taken with Pixabay y Canva