Cloudbit - $CDB & $CDBC - Anouncements

2021-04-06 00:42:10 XRP prices soar after Ripple and the SEC agree to partially redact some of Ripple’s email exchanges — but not the CEO's financial information

XRP prices breached US$0.6 for the second time this year after Ripple won its bid to keep its private email correspondence out of the public eye in its ongoing lawsuit with the US Securities and Exchange Commission (SEC).

The lawsuit, filed against Ripple in December, alleges that Ripple raised $1.3 billion by selling XRP in ongoing unregistered securities offerings. Ripple, a payments company created by XRP creators Chris Larsen and Brad Garlinghouse, functions kind of like the central bank of XRP. If the coin is crashing, Ripple sells some of the 55 million XRP it holds in its treasury.

On March 31, a New York judge granted Ripple’s motion to temporarily seal four documents and ordered Ripple and the SEC to agree on redactions by April 2. Ripple’s lawyers managed ...

Source: forkast.news

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2021-04-05 00:24:38 Crypto custodians hold their clients' digital assets in multi-signature cold storage wallets to ensure the utmost fund security. An example of a leading crypto custodian would be Coinbase Custody. That means it is fully regulated to provide custodial services.

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2021-04-03 14:19:24 Usually, legal troubles are bad news for stock prices and crypto assets. XRP, the native asset of the Ripple payments platform, is proving to be an exception.

After rising over 5% in the last day, the price of an XRP token is now $0.60, and the market cap is $27.9 billion, according to data from Nomics. That's higher than where the price was before the SEC filed a $1.3 billion lawsuit against Ripple Labs. On December 18, 2020, four days before the suit, XRP was worth $0.58 with a market cap under $27 billion.

It’s been a remarkable turnaround for the token, which dipped as low as $0.17 after the SEC brought the lawsuit. The SEC says that Ripple Labs, co-founder and executive chairman Chris Larsen, and co-founder/CEO Brad Garlinghouse, are responsible for $1.3 billion in unregistered securities offerings—XRP being the unregistered security in question.

Broadly speaking, a security is an investment contract.

Source: Decrypt.co

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2021-04-02 21:47:27 Mark Cuban recently stated that Bitcoin is a better alternative to gold, and compared Ethereum's smart contracts to the internet boom of the late 1990s.

Billionaire Mark Cuban believes Ethereum is the closest thing we have to being a true currency and views Bitcoin as a better alternative to gold.

The Shark Tank and Dallas Mavericks co-owner made the comments as a guest on a recent episode of the Delphi Podcast, where he noted that the growth of DeFi and NFTs had made him excited about crypto. He explained that “smart contracts and the fact that they're decentralized" means "there's no one in charge right there, the governance is completely different. That's what changed the game.”

In fact he compared the development of Ethereum's smart contracts to the internet boom in the late ’90s and early 2000s.

Source: Zycrypto

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2021-04-01 17:46:15 Breaking! CDB makes an insane price jump to exactly $10,89

After years of waiting, the ‘CDB will go to $10,89 believers’ can finally claim their long beloved justice .

“The whole world always made fun of our movement. We are being mocked and bullied all the time, but finally our time is there. Our target has been reached and look who’s laughing now?!” Says the frontman of the CDB-to-10,89 movement.

#aprilfools

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2021-03-31 18:36:17 Crypto arbitrage helps traders take advantage of the price difference by buying cryptocurrency from one exchange and selling it on another immediately. Crypto arbitrage is one trading technique that helps traders earn profits from the crypto market inefficiency.

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2021-03-30 22:37:14 It is normal to invest in instruments that offer high returns, but it could lead to putting all the eggs in one basket. When an investment is made in high-performing assets, you end up buying at a higher price. When judged on a risk-return basis, the risk is as high as the return. This is where diversification of a portfolio helps.

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2021-03-29 13:21:32 One of the most-emerging pages in cryptocurrency theme on Facebook!

20 000, sounds really impressive!

It feels incredibly good to know that we provide so many people with access to modern crypto technology and extra income source. Thank you for choosing our cryptocurrency product - $CDB and $CDBC, we greatly appreciate your trust!

Doing our best for you

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2021-03-29 12:43:01 Airdrop: Cloudbit
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2021-03-28 20:35:09 Cloudbit Cash is a good investment and will be worth it in 2021. The digital currency, CDBC, serves as a bridge with fiat payment gateway and decentralized payments and currencies. It makes it possible for any money to be traded for another and does not differentiate between fiat or one cryptocurrency and another.

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