Tag Archives: News

Ripple price declined heavily and recently started consolidating above $0.200 against the US dollar.The price is now facing hurdles near $0.2500 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.2500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong increase if it clears the $0.2500 and $0.2650 resistance levels.Ripple price is showing bullish signs above $0.2200 against the US...

Right as bitcoin struck its new all-time high of roughly $28,700 in late December of last year, several bitcoin mining stocks rose to new levels, thereby suggesting that mining is becoming a much more lucrative business and that the world’s number one digital currency is more profitable than ever.Bitcoin Mining Companies Are Growing Like Never BeforeAbout a week ago, shares in companies such as Riot Blockchain and Marathon Patent Group experienced their highest peaks in years. The sentiment...

Daniel Gouldman – the CEO of Ternio – is convinced that in the immediate future, bitcoin and cryptocurrency will be adopted for mainstream use and that all currencies will be digital.Daniel Gouldman: We’d Better Get Used to Digital CurrencyIn a recent interview, he states:I would not be surprised if in five years, most money as we know it is basically cryptocurrency.He claims that bitcoin and cryptocurrencies are following the exact same path that the internet did in the mid-90s. He says that...

Bitcoin has reached a new all-time high. On December 30, the world’s number one digital currency by market cap hit $28,700, meaning it’s just shy of reaching $29,000 and possibly even $30K.Bitcoin Continues to Shoot UpWhat does all this mean? Are we on track for a solid 2021? Will the currency be able to continue its present momentum and reach for even more bullish territory in the coming weeks? If we thought 2020 was solid for bitcoin, perhaps the next 12 months will show us something even...

Following news that the Securities and Exchange Commission (SEC) is looking to sue Ripple for selling unregistered securities, crypto exchanges such as Coinbase in the United States have announced that they will soon drop XRP from their lists of offered digital assets and halt trading beginning early 2021.Coinbase Says “No” To RippleCoinbase has stated that all XRP trades will be suspended as of January 19 of this year. The good news is that customers of the exchange will not lose access to...

The relationship between bitcoin and India has always been a complicated one. Following a lengthy period of preventing bitcoin companies from doing business with banks, India now says it’s considering imposing a large Goods and Services Tax (GST) on all BTC transactions.India Wants to Impose a GST Tax On BTCThe tax would be around 18 percent. To qualify for the tax, a transaction must be worth more than 40,000 crores. The news comes by way of the Central Economic Intelligence Bureau (CEIB), a...

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...

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...

Celebrities have often shown their love of bitcoin and cryptocurrencies in the past. Figures such as musician Kanye West and boxer Floyd Mayweather have all discussed their love of digital money and have even devoted some of their business ventures to it, though very few have ever agreed to be paid in crypto or have converted healthy portions of their salaries into crypto. However, one sportsman – Russell Okung – is taking his love of bitcoin and digital assets to the next level.Okung:...

The new year has arrived. All the craziness and sloppiness of 2020 can potentially be put behind us as we look towards the future. Will 2021 be a kind year? Will it be kind to bitcoin?Will Bitcoin Have a Solid Run in 2021?The one thing we can say about the last 12 months is that they have been rather positive for cryptocurrency. The rest of us have been left out in the rain, no doubt, but crypto traders and investors are likely looking at their stashes at the time of writing and felling...