Much like the rest of the cryptocurrency market, XRP also went on a wild ride in August. The altcoin went through a serious crash in its value at the beginning of the month but the bulls were able to stage a v-shaped recovery, as illustrated in the chart below. Source: CoinGeckoWhile XRP’s price is moving more or less in line with the market, the total value locked within the protocol has recently crashed massively. Value Locked in XRPL Plummets 97% The total value locked...
Read More »Robert Kiyosaki Says He’s Waiting To Buy The Bitcoin Dip
Famous investor and author Robert Kiyosaki said on Monday that he was eagerly waiting to buy more Bitcoin after the asset’s price fell to $61,000 to start the day. But The Bitcoin Dip, Says Robert Kiyosaki The man behind the best-selling finance book Rich Dad Poor Dad asserted that selling in times of market turmoil is a sign of an “employee” mentality – one that he does not share. “Bitcoin is crashing. Most people should sell. I am waiting to buy more,” Kiyosaki wrote to...
Read More »Alameda, FTX Ventures Websites Down Following FTX Disaster
Amid the major crypto exchange FTX’s liquidity crisis, two companies closely tied to it – including Alameda Research and FTX Ventures – appear to be inaccessible on their websites. Alameda‘s site has gone private, while FTX Ventures’ site appears to be down entirely. Both have been inaccessible since Tuesday. Alameda is a trading desk launched by Sam Bankman-Fried, the CEO of FTX. The firm was found to have large exposure to FTT on its balance sheet according to a CoinDesk...
Read More »Cardano Price Analysis: All Eyes on $1 as ADA Explodes 8% Daily
Key Support levels: $0.78, $0.68 Key Resistance levels: $1, $1.2 After successfully testing the $0.78 level as support, ADA’s price quickly moved higher and is now approaching the key resistance at $1, which will be a significant test for buyers. The indicators are also turning quite bullish on this most recent price action, but volume continues to be lacking. Chart by TradingViewTechnical Indicators Trading Volume: The volume remains flat so far. This is not ideal, but all...
Read More »Georgia Becomes an Attractive Area for American Bitcoin Miners (Report)
The State of Georgia might become the next hub for cryptocurrency miners as it provides relatively low electricity prices and a large amount of nuclear and solar power, a new coverage revealed. Furthermore, local regulators have shown a friendly stance towards this side of the digital asset industry. Can Georgia Become The Crypto Mining Capital of The US? Up until last year, things were not looking so positive for cryptocurrency miners who wanted to position their businesses...
Read More »Bitcoin’s Price Has Correlated With US Stocks for The Last Month
Over the last month, Bitcoin’s price (BTC) has correlated tightly with stocks. Here’s what could be causing it. The last week saw hundreds of billions of dollars wiped from the cryptocurrency industry’s overall market cap. Bitcoin’s price is down 8.8% over the last 7 days. Ethereum’s price (ETH) is down 15.4%. Binance Coin BNB) is down a further 17.9% over the same period. And pity the Dogecoin holder (DOGE) who bought last Saturday for a 20% loss by today. In fact, all of...
Read More »Bitcoin’s Local Top Nailed? Analysts Weigh in on Correction Possibilities
Since its epic move to an almost three-year high yesterday, Bitcoin has retreated by around 4% to current prices which are in the $17,600 zone. It does appear to be consolidating here though so another leg up could be imminent.On the flip side, a correction of reasonable size would not be out of the question since previous bull markets experienced several 30% plus pullbacks.Bitcoin Correction ScenariosAnalyst and charting guru Peter Brandt has been delving into the possibilities of a large...
Read More »#938 Kein Widerstand für BTC bei 20k, Festnahmen Twitter Hack & Russland verbietet bezahlen mit Bitcoin
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 938. Heute sprechen wir über folgende Themen: 20k kein Widerstand für Bitcoin, 3 Festnahmen wegen Twitter Hack & Russland verbietet ab 2021 Bezahlungen per Kryptowährungen Die heutige Show wird gesponsert von XBTPro Exchange – XBTPRo.com ist ein neues Bitcoin & Crypto Exchange und bieten dir aktuell 25% auf deine erste Einzahlung in Form von eigenen Token NextBT. Alle Infos hier:https://bit.ly/3g9kxOn...
Read More »#852 Bitcoin 20k oder „ich kann das Handtuch werfen“, McAfee empfiehlt 3 Altcoins & Poloniex IEO
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 852. Heute sprechen wir über folgende Themen: Bitcoin 20.000 Dollar bis Jahresende oder „ich kann das Handtuch werfen“, McAfee sagt Bitcoin ist wertlos und empfiehlt 3 Altcoins & Poloniex IEO Plattform. 1.) Bitcoin‑Bulle: 20.000 Dollar bis Jahresende oder „ich kann das Handtuch...
Read More »#812 Ethereum Kurs-Rakete, Grayscale mit 277.000 Bitcoin (BTC) & IOTA Trinity Wallet Hack
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 812. Heute sprechen wir über folgende Themen: Ethereum Kurs-Rakete gezündet, Krypto Gigant Grayscale verwaltet mehr als 277000 Bitcoin (BTC) & IOTA Trinity Wallet gehackt. 1.) Ethereum Kurs-Rakete gezündet – ETH 2.0 soll Mitte 2020 startenhttps://cryptomonday.de/ethereum-kurs-rakete-gezuendet-eth-2-0-soll-mitte-2020-starten/ 2.) Dieser Krypto-Gigant verwaltet jetzt über 277.000 Bitcoins...
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