Things are not looking great for Ripple and its XRP cryptocurrency. In a day where the total market cap managed to add a whopping $60 billion as bitcoin charts a staggering 11% increase, XRP is down 5% in the past 24 hours.In what looks like an interesting development, a group of supporters is trying to force the hand of White House on the allegations made by the Securities and Exchange Commission.XRP Supporters File a Petition to the White HouseAn interesting petition titled We the People...
Read More »Mark Newton: A Bitcoin Correction Will Arrive in January
Bitcoin has been doing rather well as of late, but according to crypto analyst Mark Newton – founder and president of Newton Advisors – the asset could be headed for a slow period in early 2021.Mark Newton: The Good Fortune May Soon Halt for a WhileIt’s always disappointing to start the new year out on negative or depressing news, but in a recent interview, Newton pointed to a technical chart to show how the bitcoin price could ultimately be in for a correction sometime in 2021.This has been...
Read More »Total Crypto Market Cap Breaks The January 2018 ATH: Bitcoin Touches $33K
Shortly after bitcoin broke above its 2017 all-time high of $20,000, most of the cryptocurrencies followed with serious gains. Earlier today, the cumulative market capitalization of all digital assets overcame the previous high by surging north of $836 billion.According to data from one of the leading cryptocurrency monitoring resources, CoinMarketCap, the market cap reached somewhere around $834 billion during the parabolic price increase in 2017/2018.However, the recent bull run within the...
Read More »US Cogressmen Asked FinCEN To Extend The Feedback Deadline For Crypto Regulations
Several US Congress members and a Senator have joined Coinbase in asking the US Treasury to extend the timeframe for responses to the recently proposed crypto regulations. The lawmakers argued that the agency hadn’t provided enough time for all concerned parties to issue their feedback.US Congresspeople Ask For Crypto Regulation ExtensionCryptoPotato reported recently that the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) proposed new regulations on Money Services...
Read More »Winklevoss-Zwillinge sehen BTC bei 500.000 US-Dollar
Die Rallye geht weiter. Der BTC überstieg zum Jahresbeginn sogar die Marke von 30.000 US-Dollar. Und es gibt so gut wie keine Anzeichen für ein Ende des Preisanstieges. In dieser Marktlage melden sich die Winklevoss-Zwillinge und wiederholen ihre langfristige Preisprognose. Bitcoin News: Winklevoss-Zwillinge sehen BTC bei 500.000 US-DollarIn einem neuen Artikel auf Winklevoss Capital haben die Zwillinge ihre Preisprojektion erneuert und viele Argumente für einen BTC-Preis von 500.000...
Read More »$130 Million Short Positions Liquidated in an Hour as Bitcoin Captures $30K
Bitcoin went through another considerable increase in the past hour, breaking through the major psychological level of $30,000 for the first time in history. The cryptocurrency set a new all-time high as bearish traders are left in despair with millions of liquidations in just an hour.$120 Million Short Positions Liquidated Across the BoardThe last hour saw bearish traders in despair. Over $130 million worth of short positions were liquidated in the last hour alone as BTC broke above $30K.Of...
Read More »Bitcoin Price Breaks $30,000: Another All-Time High Set
Two days after the start of the new year, Bitcoin has taken for the skies, yet again. The cryptocurrency poked above a major level at $30,000.The price for Bitcoin marked another leg up, two days into the new year. Moments ago, it touched a high of $30,665 on the popular EU-based cryptocurrency exchange Bitstamp.The cryptocurrency now trades around $30,460 for a daily increase of about 3%.BTC/USD. Source: TradingViewIn the past seven days alone, bitcoin’s price has increased by more than...
Read More »Indian Cryptocurrency Fraudster Arrested For Duping $350K From 45 Victims
Indian authorities have arrested a 60-year-old greetings maker for duping about 45 people in investing over $350,000 in a fraudulent cryptocurrency scheme. The accused ran the operation through a designated application and promised double-digit monthly returns.Indian Crypto Fraudster ArrestedAs reported by the Times of India, the local police apprehended Umesh Verma at the Indira Gandhi International Airport upon his arrival from Dubai.Verma had set up his own website and established a...
Read More »Bitcoin Price Inches Away From $30,000: Records 700% ROI Since March Low
After a brief dip beneath $29K, BTC surged another leg to a fresh all-time high and came just a step away from the coveted $30,000 price tag. Most alternative coins have failed to follow bitcoin’s moves, and BTC’s dominance over the market has increased to 71%.Bitcoin records an unbelievable ROI of approximately 700% since the 2020 low recorded on the 13 of March – the Black Thursday. On that date, Bitcoin plunged to $3650 on BitMEX. However, since then, the primary cryptocurrency sees only...
Read More »Did You Use Stimulus Funds to Buy BTC? You’re Reeling in the Rewards, Now
A battle is waging for the second stimulus in America. Despite President Donald Trump signing off on the bill and the House quickly approving $2,000 checks for each qualifying American, the bill is still facing a lot of barricades in the Senate, which believes that most of the country is not in dire need of the money.What a Ride This Stimulus Train Has Led Us On!While this fight will more than likely continue into the new year, we have an opportunity right now to direct our thoughts to the...
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