Bitcoin’s price action often dictates the overall sentiment of the larger crypto-market, and with the king coin going past resistances at $27k and $28k, many of the market’s altcoins have also followed suit. However, in the last 48 hours, the momentum for altcoins like Bitcoin SV, BAT, and Enjin Coin has slowed, with these alts...Read More
Bitcoin’s price has continued to register tremendous bullish momentum on the charts, something that has, in turn, had a positive effect on the altcoin market. However, there were a few exceptions such as Binance Coin and Ontology, both cryptos that seem to be now enduring a spell of consolidation, while coins like FTX Token were...Read More
New research indicates 78% of the circulating Bitcoin supply, which is 14.5 million BTC, as being illiquid. According to analysts Kilian Heeg and Rafael Schultze-Kraft at Glassnode, increased perception of Bitcoin as a store of value and hodling activity is reducing liquid bitcoin. Illiquid Bitcoin has been increasing this year, which means there will be...Read More
Gold advocate and Bitcoin critic Peter Schiff has become the second most influential Bitcoin figure, ranking below Morgan Creek’s Anthony Pompliano, according to social media analytics platform Lunarcrush. Image Source: Lunarcrush Self-claimed Bitcoin pioneer and podcaster, Max Keiser who ranked fifth has often criticized Peter Schiff for his opposing views on Bitcoin. However, Schiff has...Read More
On the back of Ripple being charged for illegal securities offerings by the SEC and XRP tanking on the price charts, it seemed understandable if any XRP bag holder was nervous about their portfolios. However, those weren’t the only concerns doing the rounds. In fact, one might argue that a more pressing concern is emerging...Read More
Monero traded within a range, but the past few hours saw the price approach the $164 level of resistance once more. It has stayed above the mid-point of the range over the past week, which was a bullish development. Dash formed a scallop trading pattern that was not yet confirmed to be tradeable, while Augur...Read More
Chainlink formed a triangle pattern and could see a breakout over the next few days, although the direction of the breakout was unclear. Algorand traded within a range, with a particularly stiff level of resistance at $0.35 that bulls have been unable to overcome over the past month. Tron sank beneath a crucial region of...Read More
Francis Suarez, Mayor of Miami said that he was “definitely open to exploring” new resident Anthony Pompliano’s suggestion of allocating “1% of the city’s treasury reserves in Bitcoin.” He also mentioned that Florida’s Chief Financial Officer, Jimmy Patronis was “forward-thinking” about blockchain and crypto technology. Suarez said this in response to the CFO’s tweet that...Read More
New York-based fund manager VanEck has recently filed for registration for their upcoming VanEck Bitcoin Trust with the United States Securities Exchange Commission (SEC). According to the document filed with the federal agency, the preliminary prospectus was filed on 30 December 2020. Twitter user Kevin Rooke drew attention to the filing from the $49 billion...Read More
Bitcoin Cash [BCH] has also been witnessing erratic movement in terms of its price on the charts. As the price of BCH surged, there have also been instances where it was followed by a correction, and such was the case in the recent past. At the time of writing, the price of BCH was $353...Read More
XRP traders circled important dates of delisting and court battles on their calendar, while on the charts XRP was set to slide further south. Polkadot broke out past the $6 level on extraordinary trading volume and reached a high of $7.7 and was likely to retrace some of the gains made. Decred had a bullish...Read More
The world’s first physical crypto bank has launched in India that will allow users to transact in cryptocurrency and fiat through a single account. United Multistate co-op society or Unicas, an online crypto bank will open its first physical branch in Jaipur and will roll out 14 more branches across NCR, Rajasthan, and Gujarat by...Read More
The XRP market has seen the coin’s price fall after the news about the U.S Securities and Exchange [SEC] filing a lawsuit against Ripple and its executives for raising over $1.3 billion through an unregistered, ongoing digital asset offering. This has had a massive impact on the XRP market and the value of the crypto...Read More
Coinbase announced that it has halted XRP trading, in the aftermath of US Securities and Exchange Commission accusing Ripple and co-founder Chris Larsen and CEO Brad Garlinghouse of allegedly raising over $1.3 billion through an unregistered, “ongoing” securities offering. The federal agency claimed XRP was security, in its charges. Additionally, Stephanie Avakian, director of SEC...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Like many other altcoins in the market, Cardano had also been witnessing a drop in upward momentum followed by a period of consolidation. However, this could be seen as the next step, as...Read More
After a minor correction, the world’s largest cryptocurrency Bitcoin climbed once again on the charts and headed towards the $28,000 mark. However, not every altcoin in the broader market was able to follow Bitcoin’s movement. Altcoins BAT and Stellar went against the trend and registered price drops, while OKB continued to rise upwards. Basic Attention...Read More
With XRP’s price being dragged through the mud, Ripple is on high alert and preparing for the suit. This lawsuit by SEC has sent ripples across the industry [pun intended] and people are questioning what’s next? or more precisely ‘who’s’ next? Some say it could be Link, Bitcoin, or even Ethereum, but if we are...Read More
Ethereum had strong bullish momentum behind it after its ascent past the $700 mark in the past week. A move above $750 could see ETH reach $800, with $819 a projected target for bulls. Ethereum Classic was unable to hold on to its gains after rising past $6 and was forced back to a level...Read More
The XRP community has been trying to find a glimmer of hope for the digital asset that has been termed a security by the US Securities and Exchange Commission [SEC]. According to the filing, an initial pretrial conference in the SEC vs Ripple case has been scheduled for 22 February 2021. According to the filing,...Read More
Bitcoin Cash showed strong bullish sentiment as it rose above $350 once more. Yet IOTA and Dogecoin were some of the altcoins whose gains over the past week have not followed Ethereum. IOTA traded within a range, while Dogecoin saw its momentum shift slightly to favor the bears. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView...Read More
It looks like the fate of XRP continues to wane as yet another exchange suspended trading of Ripple’s native crypto today. Crypto exchange Bittrex said that it has paused XRP trading, because of the US Securities and Exchange Commission accusing Ripple as well as co-founder Chris Larsen and CEO Brad Garlinghouse of allegedly raising over...Read More
Not many can deny that bitcoin is in the final leg of the 2020 bull run before it hits the $30,000 mark. In fact, bullish 2021 predictions expect bitcoin’s price to range from $36,000 to beyond $300,000. With regard to the digital asset’s price surges, Jeremy Allaire, of Circle spelled out key drivers for this...Read More
Ricardo Salinas Pliego, a Mexican billionaire businessman believes that bitcoin is his best investment ever. In a recent interview, Salinas said that he first heard about Bitcoin from a Grayscale representative who gave a talk about how Bitcoin was “going to take over.” After the conference, the businessman said that he invested a small amount...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice The Bitcoin price has been witnessing a constant surge followed by a mild correction. This surge was also witnessed in the altcoin market which may not have mirrored the growth equivalent to Bitcoin...Read More
Crypto tracking service Whale Alert revealed today that in 2020, co-founder and former CTO of Ripple, Jed McCaleb’s estimated total XRP holdings sales is around $1.2 billion – at $0.20 per XRP. The research team said that this would make Jed McCaleb “the fattest XRP whale” who had “the best year so far, even though...Read More
Crypto tracking service Whale Alert revealed today that in 2020, co-founder and former CTO of Ripple, Jed McCaleb’s estimated total XRP holdings sales is around $1.2 billion – at $0.20 per XRP. The research team said that this would make Jed McCaleb “the fattest XRP whale” who had “the best year so far, even though...Read More
Christmas seems to have come bearing gifts for Bitcoin. Adding cheer to the festival celebrations, the world’s largest cryptocurrency scaled beyond the $27,000 price level over the past few days. As a result, the broader altcoin market has also been surging on the charts. The question now is – Will altcoins be able to sustain...Read More
Grayscale Investments’ assets under management (AUM) are now worth $19 billion in crypto according to founder Barry Silbert. CEO of Digital Currency Group took to Twitter to announce that as of 29 December, Grayscale’s AUM has tripled from 1 November, when it had $7.6 billion in assets under management. The firm has also seen significant...Read More
In the wake of the recent allegations against the firm by US SEC, Ripple issued a new statement today in which the firm called the SEC’s decision “an attack” on US crypto industry and said that the lawsuit affected countless innocent XRP retail holders. Especially those “who have no connection to Ripple,” the firm said....Read More
In the wake of the recent allegations against the firm by US SEC, Ripple issued a new statement today in which the firm called the SEC’s decision “an attack” on US crypto industry and said that the lawsuit affected countless innocent XRP retail holders. Especially those “who have no connection to Ripple,” the firm said....Read More
