The pro-Bitcoin current Twitter CEO, Jack Dorsey, will remain at his position after a $2 billion deal. The news came just a few weeks after the founder of Elliott Management Corp, Paul Singer was reported to replacing him. Jack Dorsey Stays As Twitter CEO At the end of February, reports informed that Elliott Management had...Read More
If you were following cryptocurrency in 2017 and 2018, you likely know of Tiffany Hayden. For some reason or another, she managed to gain a massive following on Twitter — I’m talking about tens of thousands of fervent followers — while discussing XRP and Ripple, touting sentiments like how she expects for the cryptocurrency and...Read More
Bitcoin’s price plunged alongside stocks on Monday, proving once again it’s no safe-haven asset during this extremely volatile period. The post Brutal Stock Market Crash Exposes an Even Uglier Truth About Bitcoin appeared first on CCN.com The post appeared first on CCNRead More
The cryptocurrency market plunge started during the weekend and continues as of writing these lines. Bitcoin dumped with over 15%. Naturally, the general sentiment among the crypto community has changed. Some speculate that the 2020 bullish trend is now over and that investors should prepare for even worse consequences. Market Sentiment Follows The Price It’s...Read More
We will be compiling historical price data and market sentiment for Ripple to try and create an XRP price prediction for March 2020. Ripple Overview XRP is the crypto that powers the transactions of the Ripple blockchain and its remittance technologies. The coin is ranked 3rd according to a market cap of $9,259,819,793. XRP is...Read More
The cryptocurrency market tumbled over the weekend, and it brought a wave of familiar negative voices. The two famous American economists, Nouriel Roubini and Peter Schiff, quickly took the opportunity to bash Bitcoin for not being a proper hedge during the current economic turmoil. Dr. Doom Against Bitcoin With the rising impact of the coronavirus...Read More
XRP dropped by 9.5% over the past 24-hours of trading as it falls back into the $0.20 price levels. Yesterday, the cryptocurrency broke down an ascending supporting trend line and completed an 18% drop since then. Against Bitcoin, XRP dropped toward 2400 SAT to create a fresh 6-month low but has since recovered back above...Read More
PayPal CTO, Sri Shivananda, believes that cryptocurrencies still have a long way to go in terms of mass adoption. While endorsing India’s digital asset ban removal, he noted that most consumers view them as assets instead of applicable currencies for actual payments. Crypto Needs More Use-Cases Sri Shivananda, the CTO of PayPal – one of...Read More
Ethereum dropped a steep 12% over the last 24-hours as it sinks into support at $205. The cryptocurrency initially climbed into the $250 resistance before severely rolling over and crashing toward the 100-days exponential moving average. Against Bitcoin, Ethereum also dropped but found support at the 0.0247 BTC level. Key Support & Resistance Levels ETH/USD:...Read More
Last week, Bitcoin bulls celebrated when it was revealed that India’s Supreme Court on Wednesday reversed anti-crypto restrictions placed on the industry by the nation’s central bank, the Reserve Bank of India. This move allowed banks to once again facilitate transactions with and offer services to industry entities once again, “removing a major hurdle for...Read More
Confirmed coronavirus cases continue to grow globally. The Saudi Arabia Kingdom launched an unexpected oil price war against former ally Russia. As a result, the traditional financial markets are plummeting severely. At the same time, Bitcoin showcases a positive correlation with them and drops below $8,000 – for the first time since January 2020. The...Read More
The economic situation is starting to feel well the coronavirus effects. As of writing these lines, Crude Oil plunges 30% to a 3-decade low. NASDAQ futures are forecasting another 5% plunge, while London crashes 7%. What started yesterday as the PlusToken Ponzi’s sell-off, continued today to a massive collapse. The question is whether Bitcoin is...Read More
Bitcoin Tanked below $8K this Monday, after dropping nearly 10%. Analysts’ hints towards Plus Token Scam pulled BTC price down. Will Bitcoin price bounce back or it is backtracking to March 2019 price? Bitcoin Price Tanked below $8K this Monday The second week of March 2020 has started on a negative note for the World’s...Read More
Since our last market update, Bitcoin hasn’t fared any better; just minutes ago (as of the time of this article’s writing), the cryptocurrency was trading at $7,700 — the lowest the asset has traded at since mid-January, amid the breakout that brought it as high as $10,500. This means that at the worst of the...Read More
