Bitcoin’s weekend continues to be rather uneventful as the asset has settled at around $19,000. Most altcoins are also quite calm today, with minor daily losses. LUNC, on the other hand, keeps rising following another double-digit price increase. Bitcoin Boring at $19K The primary cryptocurrency had a quiet week, unlike the previous one. Last weekend saw the asset trade around $19,000, something that didn’t really change until Tuesday. At that point, the bulls stepped up and...
Read More »Weekend Watch: Bitcoin With Another Failed Attempt at $20K
Bitcoin tried its hand at taking down $20,000 yesterday once again, but, just like it happened earlier this week, it was stopped and dropped by almost $1,000. Most larger-cap altcoins are slightly in the red now, while there are some gains from the mid-cap ones. Bitcoin Rejected at $20K Once More Bitcoin had a significantly less volatile week than the previous one when the US Federal Reserve’s actions pushed it south to a three-month low at $18,100. The asset recovered some...
Read More »LUNC Spikes 25% Weekly on Do Kwon’s Claims, BTC Rejected at $20K: This Week’s Recap
Unlike the previous week, which was full of volatility, the past seven days were quite more stagnant in the cryptocurrency space. Bitcoin, for one, had calmed around $19,000 after the most recent price drops and spent the weekend as well as Monday at that level. The situation changed on Tuesday when it initiated an impressive leg up, resulting in a price surge to over $20,000 for the first time in 12 days. However, the bears tightened their grip on the market and pushed the...
Read More »Edward Snowden Granted Citizenship in Russia by Vladimir Putin
Former NSA contractor and famous whistle-blower Edward Snowden was granted Russian citizenship by President Vladimir, as reported by the state-run news agency TASS on Monday. His name was included on a list of 71 other foreigners who also became citizens. Snowden applied for citizenship alongside his wife in 2020 after receiving permanent residency rights, citing a desire not to be separated from his sons. “After two years of waiting and nearly ten years of exile, a...
Read More »LINK Jumps 5%: BTC Awaits its Next Move at $19K (Market Watch)
The price of bitcoin seems stuck around the $19,000 level for the past few days, and the asset has remained there now as well. Most altcoins are also calmer on a 24-hour scale on Sunday, with Chainlink emerging as today’s top performer. Bitcoin Quiet at $19K Although bitcoin is quite stagnant now, this wasn’t the case earlier this week. The asset had jumped from $18,300 to $20,000 in a day ahead of the US Federal Reserve’s latest interest rate hike, but once the increase of...
Read More »Weekend Watch: Dogecoin Soars 6.5%, Bitcoin Fights for $19K
After the recent volatility and the latest multi-month low, bitcoin has calmed slightly around the $19,000 mark. Most alts have painted insignificant losses today, while Dogecoin has emerged as the top performer from the large-cap ones. Bitcoin Battles for $19K The past several days were quite volatile for BTC, starting with the dip to $18,300 on September 19. At the time, that marked a three-month low for the asset. Bitcoin went on the offensive in the following hours and...
Read More »Ripple Soars 50% on SEC Trial News While Crypto Markets Shed $40 Billion: This Week’s Recap
The past seven days were quite painful in the cryptocurrency market as the majority of it is trading well in the red. This resulted in $40 billion being lost from the total capitalization, which is inching closer to $900 billion. The most obvious outlier in this is Ripple’s XRP which soared by 50%. Let’s unpack. Bitcoin’s price is currently sitting slightly below $19,000, down 5.7% in the past week. Seven days ago, it was trading at around $19,500 and even managed to poke...
Read More »2 Possible Reasons Why Ripple (XRP) Price Skyrocketed 50% in a Week
XRP is the best-performing cryptocurrency in the past seven days, and it’s not even close. Trading at around $0.50, it’s up by more than 50%, leaving all other major altcoins in the dust. This has had the entire community speculating on possible reasons, so we take a look at two of them that might have caused the surge. The Ripple-SEC Case The case between the US Securities and Exchange Commission and Ripple is one that the entire industry is looking at, for the way it ends...
Read More »ApeCoin Skyrockets 16% Daily, Bitcoin Taps $20K (Weekend Watch)
After the recent volatility and price declines, bitcoin finally saw some relief by touching $20,000. Most altcoins have seen slight gains as well. Once again, though, Ripple stands out as the best performer from the larger-cap alts, while ApeCoin has soared by 16%. BTC Back at $20K It’s safe to say that the past week or so didn’t go all that well for the primary cryptocurrency. The asset had spiked to a multi-week high at just under $23,000 on September 13, but the overall...
Read More »Market Watch: Ripple Soars 8%, Bitcoin Dropped to Weekly Lows
Bitcoin dipped further below the coveted $20,000 mark to chart another weekly low of just over $19,000. Ethereum also continues to struggle after the Merge implementation two days ago and has slumped below $1,450. Ripple, in contrast, is up by almost 8% daily. Bitcoin’s New Weekly Low The past several days have not been kind to the primary cryptocurrency as the trend changed on September 13. Back then, the asset was riding high and neared $23,000 after gaining over $3,000 in...
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