Tag Archives: News

Ripple price declined heavily from well above the $0.2500 level against the US dollar.The price traded as low as $0.2315 and settled below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.2460 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start a fresh rally if it clears the $0.2440 and $0.2460 resistance levels.Ripple price is struggling to gain pace above $0.2425 against the US Dollar. XRP...

With so many institutions working to get their fingers on bitcoin – which is turning out to be the asset of the century – it’s a wonder that larger companies aren’t working to do so as well. According to Raoul Pal – a former executive at Goldman Sachs – this is exactly what’s going to happen within five years, and large tech firms, such as Apple and Microsoft, will be investing in the world’s number one digital currency by market cap.Raoul Pal: In Five Years, Big Companies Will Want BTC2020...

With the U.S. presidential election coming up in just a few days, many are wondering which candidate is better for bitcoin, and whether bitcoin will spike or fall once the election results are announced. However, according to Jeff Dorman – chief investment officer at hedge fund Arca – the price of bitcoin doesn’t really care who wins and is likely to expand its horizons no matter who is declared the winner.Jeff Dorman: BTC Will Be in Good Shape No Matter WhatDorman has commented that the most...

Bitcoin has shot up like nobody’s business. At press time, the currency is trading for well over $13,700, the highest it’s been in roughly three years, and the currency is now just a few steps away from $14,000. This is an exciting time for bitcoin enthusiasts, especially considering many analysts still believe it could spike even further and that the asset is outdoing stocks and neighboring investments.Bitcoin Shoots Up Once AgainFairlead Strategies founder Katie Stockton has mentioned in a...

It looks like JPMorgan Chase is looking to reestablish itself as a leading cryptocurrency company. Despite many years of bashing digital assets, the company has recently announced the introduction of its new blockchain-cryptocurrency division known as Onyx.JPMorgan Stretches Further Into the Blockchain WorldTo be fair, it’s not so much JPMorgan that has been unkind to bitcoin, but rather its head executive Jamie Dimon. In the past, Dimon has referred to bitcoin as a fraudulent currency, which...

Top U.S. cryptocurrency exchange Coinbase has unveiled a new bitcoin debit card that allows users to draw money from attached cryptocurrency accounts and retailers to garner profits and funds in USD. The card can be used anywhere Visa is accepted.Coinbase Issues New Rewards CardThe idea is that bitcoin and other cryptocurrencies are not utilized for payments enough given that they are too volatile and that transactions can often take extremely long periods to clear. If a person goes into a...

According to financial advisor and investor John Bollinger, bitcoin is likely to continue growing throughout the rest of the year. However, he’s uncertain about the $14,000 – $15,000 prices that many other traders and investors appear so confident in.John Bollinger: $14,000 May Be Out of the QuestionIn a recent interview, he commented about what route he saw bitcoin potentially taking in the final two months of 2020. He says:The real thing is – can we clear this $14,000 level which is so...

The website devoted to Donald Trump’s reelection campaign has apparently been hacked in what appears to be the latest example of a cryptocurrency-relater cyberattack. Trump is looking to garner four more years as president of the United States in less than a week on November 3 of this year.Trump Is at the Center of a Crypto-Based HackPresently, those involved in his campaign are looking into what happened and examining what might have caused the security breach. They explain that while the...

Overstock subsidiary Medici Ventures is putting a lot of money into a bitcoin and cryptocurrency startup known as Bitt. Thus far, the firm has placed roughly $8 million into the venture, which is based in the small Caribbean island nation of Barbados. The money that Medici has placed in Bitt means that it is now the company’s biggest investor, and thus holds controlling interest.Medici Ventures Is Trying to Sway BTC AdoptionWe have seen a lot of companies turning away from cash and...

Just yesterday, bitcoin rose to about $13,400, though at press time, the currency has dropped a bit and is now trading for around $13,100. That’s a $300 slip in less than 24 hours. Not a good sign, and yet per many analysts’ thoughts, bitcoin is still in relatively tough shape and likely to remain so for the remainder of the year.Bitcoin Is Heading Up AgainThe present price of bitcoin has been preceded by all kinds of serious news in the industry, including the growing rate of institutions...