Brad Garlinghouse, CEO of Ripple, made waves across crypto-Twitter recently after he claimed that XRP is to Ripple what Exxon is to Oil on a podcast. Garlinghouse’s use of the analogy is an interesting turn of phrase, to say the least. However, what is even more interesting is that when the host interceded by pointing...Read More
As Bitcoin has collapsed over the past day, so too has Ripple’s XRP. Since peaking at around $0.34 last week on the back of FOMO buying, the popular altcoin, the third-largest cryptocurrency by market capitalization, has plunged as low as $0.26 — a drop of around 25%. Ouch. While the cryptocurrency has already plunged heavy,...Read More
Legendary trader Peter Brandt recently presented two scenarios for bitcoin: One bullish and one bearish. The bullish scenario seems to be playing out. | Image: shutterstock.com Peter Brandt laid out two scenarios for bitcoin last month. The recent price action of bitcoin suggests that Brandt’s immediate bull scenario is playing out. Brandt teases his followers...Read More
Bitcoin is heading towards the $100,000 mark, according to veteran commodity trader Peter Brandt, who shared his analysis in a new video clip. However, there is a scenario in which the oldest cryptocurrency turns bearish in the near-term. Bitcoin is at Crossroad Area According to Brandt, Bitcoin is still moving within its historic bull trend,...Read More
Though other cryptocurrencies will likely go through periodic pumps, bitcoin is the only crypto with real and lasting value, according to Peter Brandt. | Source: Shutterstock Are you holding cryptocurrencies other than bitcoin? If so, you might want to overhaul your portfolio. That’s because an expert in classical charting principles warns that buying altcoins is...Read More
The altcoin market continues to bleed out, setting one fresh low after the next. It’s caused the overall crypto market sentiment to reach extreme fear and despair, with many worrying that the altcoins they hold may never again return to their previous all-time high prices.The post appeared first on NewsBTCRead More
Tuesday’s bitcoin price surge launched BTC as high as $10,750 on Bitstamp, decimating $68 million worth of shorts in the process. | Source: Shutterstock Bitcoin (BTC) is back in positive territory today. Yesterday’s surge of nearly 8% on Bitstamp saw BTC shoot back past $10,000 and then briefly clip the $10,750 mark on Tuesday. Most...Read More