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Tag Archives: News

Professor John Griffin Thinks BTC Is Being Manipulated

The price of bitcoin appears to be coming back from the horrors of 2022, but John Griffin – a finance professor at the University of Texas McCombs School of Business – says he’s not convinced this is happening naturally, and he wonders if BTC is somehow being manipulated. John Griffin on Bitcoin: It’s Being Manipulated! Bitcoin rose to prominence in late 2021. Achieving a new all-time high of $68,000 per unit in November of that year, it was thought by many that bitcoin...

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Stellar Lumen (XLM) Price Dips, Upsides Could Remain Capped

Stellar lumen price is showing bearish signs below the $0.092 resistance zone against the US Dollar. XLM price is now trading below $0.090 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0920 on the 4-hours chart (data feed via Kraken). The pair could start another decline if there is a clear move below the $0.0865 support. Stellar lumen price is trading below $0.090 against the US Dollar, similar to...

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Ripple Price Analysis: Bears In Active Below $0.385

Ripple price started a fresh decline from the $0.400 zone against the US dollar. The price is now trading below $0.3850 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.3850 resistance zone. Ripple price is struggling below $0.3850 against the US Dollar, similar to bitcoin. XRP price...

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Ray Dalio Says BTC Is Not a Reliable Currency

Ray Dalio – the founder of Bridgewater Associates – says the financial system so many people have become familiar with is in dire straits and in danger of collapsing. He’s now pushing his interest in bitcoin aside and supporting a new inflation-linked crypto he thinks would be much safer to use. Ray Dalio On BTC: It’s Not Reliable In a recent interview, he stated bitcoin cannot be tied to anything, and that the idea that it works as a hedge against inflation is a joke....

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