Ripple price is holding the key $0.2560 support zone against the US dollar.The price is still facing many hurdles near $0.3000 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.2820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could accelerate higher once it clears the $0.2820 and $0.2840 resistance levels.Ripple price is trading in a positive zone above $0.2560 against the US Dollar. XRP price must...
Read More »Scott Minerd: Bitcoin Could Fall to About $20,000 Per Unit
The bitcoin price is trading for well over $30,000 at the time of writing, though to be fair, it has experienced one of the biggest dips in recent months, having fallen from a recent $40,000 high. With this latest dip of around $7,000, the currency is being called into question by many industry analysts, including Scott Minerd, the chief investment officer at Guggenheim Partners.Scott Minerd Is Bearish On BTCIn a recent interview with CNBC, Minerd commented that he wouldn’t be surprised if...
Read More »Uhive, the New Crypto-Based Social Platform, Makes A Lot of Moolah
New social media platforms are popping up all over the place as of late, and one – Uhive – is powered by cryptocurrency.Uhive Is Doing Things a Little DifferentlyBased in the United Kingdom, Uhive is a unique social platform in that it is powered entirely by digital currency technology. Recently, the company set out on a funding round of 500,000 pounds, which it easily surpassed. Either people are terribly sick of the likes of Facebook and Twitter – which they probably should be, given how...
Read More »Bulls Becoming Bears? The latest Bitcoin Drop Has Analysts Worried
Bitcoin and the crypto market have been acting rather bearish as of late. The world’s number one cryptocurrency by market cap has recently shed around $7,000 off its price, and as a result, the entire arena has lost about $100 million in value.Bitcoin Keeps Falling, and People Are ConcernedThus, everyone is beginning to get rather negative about where bitcoin and digital assets will go in the coming days. They are not sure if bitcoin will rise any further, and some believe there’s reason to...
Read More »JPMorgan: BTC Cannot Diversify Portfolios Like We Think
JPMorgan keeps talking about bitcoin as of late. Recently, analysts from the financial giant claimed that if it didn’t spike back to $40,000 soon, traders would likely see their portfolios dwindle and their stashes were likely to experience major suffering. With the asset’s recent $9,000 drop after reaching its new all-time high, one must wonder if it will take a while before BTC jumps into $40,000 territory again.JPMorgan: Bitcoin Is Not as Strong as We ThinkNow JPMorgan is claiming that the...
Read More »Defi Token Polkadot Continues to Jump Like There’s No Tomorrow
The crypto space is tanking as of late. Bitcoin has fallen by about ten percent in the past two days, while Ethereum, Ripple, Cardano and Litecoin have all taken dips of anywhere between five and ten percent. However, not every asset is down in the doldrums at the time of writing. Some, such as Polkadot, have retained their high prices and appear poised for more gains in the coming weeks.Polkadot Continues to Thrive Like No Other CoinPolkadot is the provider of what’s known as the dot token,...
Read More »Bitcoin Experiences Major Dip; Loses 10% in 48 Hours
Bitcoin has tanked. The world’s number one cryptocurrency by market cap has fallen all the way from around $40,000 just a few weeks ago to about $31,000 per unit at press time. While this has all happened before during the month of January, this time around feels somewhat different.Bitcoin Is Falling Into OblivionThe currency has lost about ten percent in the last two days. Just yesterday, the asset was trading for around $34,000, which means it has lost another $3,000 off its most recent...
Read More »Wise Bitcoin Is a New Kind of Digital Exchange
The cryptocurrency space continues to grow like there’s no tomorrow. As a result, we’re witnessing an influx of traders jumping in without thought or reason to their actions, and many companies – including Wise Bitcoin – are seeking to ensure these individuals have the knowledge and education they need to make smart investing decisions and carve out strong financial paths for themselves.Wise Bitcoin Is Seeking to Ensure Traders Have the Tools They NeedWise Bitcoin is a new cryptocurrency...
Read More »$6,000 Dip for Bitcoin; The Selloff Has Likely Begun
As of late, bitcoin isn’t doing so hot. The world’s number one cryptocurrency by market cap had recently hit a new all-time high exceeding $40,000 per unit, but now, the currency has fallen by roughly $6,000 and is trading at about $34,000.Bitcoin Is Being Sold OffWhat could possibly be behind such a recent downgrade of what has been a largely powerful asset these past several months? Many analysts agree that this is the result of a recent sell-off, and that many bitcoin holders are trading...
Read More »Sophia Bera: Complete These Tasks Before Getting Involved in BTC
Bitcoin continues to surge like there’s no tomorrow, and as a result, many people are getting involved in the space without too much thought. However, according to certified financial planner Sophia Bera, there are several things one needs to do before they even consider getting involved in bitcoin and in the cryptocurrency space.Sophia Bera: There Are Tasks to Complete Before Getting Involved in BTCAccording to Bera, many of her clients have been asking her several bitcoin-related questions...
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