Tag Archives: News

Ripple price started a strong increase after forming a base above $0.2500 against the US dollar.The price is now trading well above the $0.5000 resistance and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $0.5050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair traded as high as $0.5806 and it is likely to continue higher.Ripple price is trading in a positive zone above $0.5000 against the US...

Everyone who owns bonds in MicroStrategy is likely seeing their portfolios expand as of late.MicroStrategy Is Rewarding Risk-Taking ShareholdersThe company was amongst the first major institutional players to pledge support for bitcoin, the world’s leading digital currency by market cap. MicroStrategy ultimately bought more than half a billion dollars-worth of BTC between the months of August and December of last year, and this set up a long stride of additional institutional players –...

The price of Dogecoin spiked by more than 80 percent last Thursday following activity on Reddit in which many of the asset’s fans pooled together to discuss the newfound interest Wall Street allegedly has in the currency which initially started out as a joke.The Price of Dogecoin Is Going Up, Up, UpCoinMarketCap.com – which monitors and tracks many of the world’s leading digital assets – says that Dogecoin had jumped by as much as 60 percent just a few days ago, while further jumps came only...

Binance Research has unveiled a new survey suggesting that many of the world’s top crypto owners still prefer the storage methods of digital exchanges.Binance Research: Most People Are Still Using Exchanges to Store CryptoBinance Research is a division of the world’s largest and most popular digital currency trading platform. According to the recent survey, as many as 60 percent of the world’s digital currency traders and buyers store their assets in exchanges. The survey is being called the...

Ray Dalio is calling bitcoin “one hell of an invention.”Ray Dalio Wants to Offer Crypto to New FundsTraders from all over the world have fallen for the world’s number one digital currency by market cap. While the asset has recently lost about $10,000 off its price, the currency ultimately hit the $40,000 mark in early January, striking a new all-time high for itself, and as a result, Wall Street traders, institutions and some of the biggest financial players around are looking at bitcoin...

Anthony Denier – the CEO of a company called Webull – is predicting that bitcoin, the world’s number one cryptocurrency by market cap, is likely to hit a price of $55,000 by the end of this year.Denier: BTC Will Grow To an Even Higher PointThe bitcoin price has been in a bit of a rough position over the past several days. While the currency was trading for around $42,000 during early January – a new all-time high for the coin – it has since sunk by about $10,000. While the currency is still...

Bitcoin has taken a bit of a dip in recent days. While the currency is stronger than where it was 24 hours ago, the asset is still short of its recent $40,000+ all-time high. However, there’s no denying that the world’s number one digital currency by market cap has surged like there’s no tomorrow, and according to Lloyd Blankfein – a former Goldman Sachs chief executive – the government could really try and get in the way of bitcoin’s growth should it continue to surge like this.Lloyd...

Digital rewards systems are not necessarily new, but they’re far from being the “norm,” and let’s face it. They can be rather hard to keep track of considering how many separate platforms exist. Institutional cryptocurrency trading platform Bakkt is looking to change all that.Bakkt Is Back and Looking to Revolutionize Digital RewardsBakkt first came to “prominence” in late 2019. Following a whole year of advertising, the trading platform experienced several delays in its release and was...

Crypto crime has been a relative constant in the digital space, and in San Francisco, a new digital currency embezzlement case has just made its way onto the roster of the U.S. Department of Justice (DOJ). The instigator this time around is a young man named Jerry Ji Guo, who has been ordered to spend half a year in jail and must pay more than $4 million to the customers he harmed financially.Guo Must Pay Penalties and Spend Time Behind BarsGuo has been found guilty of posing as a...

Bitcoin has incurred a nasty fall in recent days, dropping from $40,000+ earlier in the month to about $30,000 at press time. Thus, the currency has lost more than $10,000 since reaching its new all-time high, and many analysts – including Agustin Carstens of the Bank for International Settlements – believe that the world’s number one digital asset by market cap may be in a heap of trouble.Agustin Carstens: Bitcoin May Not Last Beyond a Certain PointIn a recent interview, Carstens went so far...