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Tag Archives: News

Ripple Price Analysis: Upsides Likely To Be Limited Above $0.35

Ripple price struggled to recover above $0.3800 and started a fresh decline against the US dollar.The price is now trading below the $0.3000 support zone and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.3850 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could continue to move down below $0.2800 and $0.2650 in the near term.Ripple price is showing bearish signs below $0.3000 against the US Dollar. XRP...

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Italy Experiences Its Biggest Case of Digital Asset Fraud

An unnamed individual in Rome, Italy has been accused of one of the largest cryptocurrency fraud schemes ever recorded in the space’s short, yet significant history. As it stands, police investigators are only claiming that the man allegedly responsible possesses the initials “F.F.” and that he is roughly 34 years of age. Not much else is known about him at press time.Italy Is at the Center of a Crypto Fraud InvestigationThe fraud is reported to have occurred last year in 2019. It happened...

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Australia’s Love of Cryptocurrency Appears to Be Expanding

It looks like Australia is becoming a super haven for cryptocurrency and blockchain activity. According to a new survey, it appears that roughly 20 percent of the residents of the Great Outback have either owned cryptocurrency in the past or possess it at the time of writing.Australia and Cryptocurrency Are Becoming Long-Term PartnersThe survey comes by way of the Independent Reserve Cryptocurrency Index (IRCI). The platform conducts this survey annually and has discovered that 2020 was the...

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Art Dealer Stefania Minutaglio Is Crazy About Crypto

Italian art dealer Stefania Minutaglio is the head of 11 [HH] Art Gallery in both Rome and Miami. She has recently begun accepting crypto payments for the artwork she sells and says that some of the artists who consistently feature their work with her gallery have begun to embrace digital assets as well.Stefania Minutaglio Enjoys Her CryptoIn a recent interview, Minutaglio explains why she thinks cryptocurrency is the future. She mentions:No doubt our gallery is a forerunner in terms of...

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Elon Musk Needs Bitcoin Help from MicroStrategy’s Michael Saylor

Elon Musk is at it again when it comes to crypto. This time, his attitude appears to have shifted into more positive territory, questioning whether it’s possible to transform much of the money held by Tesla into bitcoin.Elon Musk Needs a Little Crypto AdviceMusk appears tempted by the recent trend of institutional players that have gotten their fingers on bitcoin and willingly entered the crypto space. These companies include MicroStrategy, Stone Ridge, Square and many others. In fact, Musk...

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Bitcoin Premiums Are Extremely High, Yet People Are Willing to Pay

Imagine that you come across a collectible you want. You’ve done the math, and you know it’s only worth a specific amount, yet the seller wants double or triple that price. Would you take it? Do you want this collectible enough? When it comes to bitcoin, people are allegedly so desperate to get their hands on the currency that they’re suddenly willing to pay just about anything to add it to their portfolios.Bitcoin Premiums Are Through the RoofBitcoin, the world’s number one cryptocurrency by...

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Elon Musk Bashes BTC, but Still Has Apparent Love for Dogecoin

Elon Musk is at it again when it comes to crypto, and as time goes by, it’s getting harder and harder to take the SpaceX and Tesla CEO seriously. He can’t seem to get a grasp on his comments, and many digital analysts and traders, at this stage, are likely thinking the same thing: make up your mind!Elon Musk Suddenly Doesn’t Care for BTCOne minute, Musk is acting like crypto is the greatest invention known to man. The next minute, he’s saying that it all smells foul and that people should...

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Move Over, USA; Nigeria Is Becoming the Biggest BTC Haven

No doubt that the United States is a leading territory when it comes to the cryptocurrency revolution. The region boasts some of the biggest cryptocurrency exchanges in the world like Kraken and Coinbase, and the good old USA has done wonders when it comes to attracting new traders to the digital currency space, but it looks like the nation may soon lose its position due to growing activity in Nigeria.Nigeria Is a Major Bitcoin HubBitcoin has really experienced a surge in popularity within...

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Opinion: There Is No “Biden and Bitcoin.” Not Yet.

For some, the United States presidential election is over. A winner – Joe Biden – has allegedly been declared, and many financial analysts are confident that this new successor to the White House is going to do wonders for bitcoin and really put the cryptocurrency space on the map, but it’s possible these individuals are jumping the gun.Bitcoin Isn’t Quite on the Political Map YetBefore we go on, we need to get one thing straight… Biden is not the official winner of anything yet. The fact is...

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Mike Novogratz: COVID Boosted the World’s Love of Crypto

Mike Novogratz – a billionaire investor and former hedge fund manager – is not an insensitive man. He acknowledges that 2020 was wracked with hardship, and that the year has been difficult primarily thanks to the spread of the coronavirus pandemic. He sees that it has led to considerable damage in our economy and has contributed to numerous deaths.Novogratz Believes COVID Had a Positive SideHowever, he’s not one to just turn his back on the positives altogether. In many ways, he believes the...

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