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Crypto Frauds in The UK Resulted in $200 Million Stolen in 2021: Report

October 18, 2021 , , , , , , , Eddy 0

The number of cryptocurrency-related crimes in the United Kingdom has significantly surged in the first nine months of 2021 comparing to last year, reads a recent report. The local police warned that bad actors often use a fake celebrity endorsement to lure people in. Youngsters Are The Most in Danger According to a recent Bloomberg […]

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XRP Price Analysis: XRP Price May Enter Intraday Oversold Levels, Time to Buy?

October 18, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Ripple’s XRP price has recently seen a decline in volatility, after an earlier price hike three weeks ago. Its on-chain metric, the market-value-to-realized-value ratio [MVRV] could not sustain a positive outlook, hence showing that the token may be undervalued. As a payment service company, Ripple Labs now face competitive challenges from the likes of COTI, […]

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Breaking: The First Ever Bitcoin Futures ETF in the USA to Debut on Tuesday

October 18, 2021 , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

The first-ever Bitcoin ETF from ProShares is all set to debut on New York Stock Exchange (NYSE) on Tuesday. The Bitcoin Strategy ETF that tracks the price of the Bitcoin Futures market would be the first of its kind to get the approval of the United States Securities and Exchange Commission (SEC) after years of […]

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New York State local businesses rally against Crypto Mining Centers

October 18, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

The New York State’s local businesses, labor groups, and several organizations have come together against allotting the city’s old fossil-fuel power plants to build crypto mining centers. The State’s Governor, Kathy Hochul received a letter from these businesses appealing to deny permits to transform the Greenidge Generating Station and the Fortistar North Tonawanda power plants […]

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The ‘Bitcoin Bubble’ Hasn’t Even Started Yet, Says Analyst

The ‘Bitcoin Bubble’ Hasn’t Even Started Yet, Says Analyst

October 18, 2021 , , , , , , , Eddy 0

Bitcoin’s price is up a considerable 100% since the lows below $30K a few months back, but one analyst believes that the true “bubble” hasn’t even started yet. According to CryptoQuant analyst who goes by the Twitter handle venturefoundEr, we have yet to see the real BTC bubble. He argues that “bubbles form when the momentum of […]

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Bitcoin Price Analysis: Is BTC Set for New ATH Following the Highest-Ever Weekly Close?

Bitcoin Price Analysis: Is BTC Set for New ATH Following the Highest-Ever Weekly Close?

October 18, 2021 , , , , , , , Eddy 0

For the first time in history, we saw Bitcoin closing a weekly candle above $60K. This happened on the back of reports that the first futures-backed BTC ETF would be officially listed, pending no further interference by the SEC. It’s also important to note that the open interest, the funding rates, as well as the […]

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ProShares Bitcoin Futures ETF Will Reach Wall Street on Tuesday (Report)

October 18, 2021 , , , , , , , , , Eddy 0

The long-anticipated launch of a Bitcoin Futures ETF in the United States might be over as a more recent report claimed such a product will go live for trading on October 19th. The topic of whether or not the United States Securities and Exchange Commission will ever greenlight an exchange-traded fund tracking the performance of […]

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Bitcoin to Reach $250K in 5 Years, Says Morgan Creek’s Mark Yusko

Bitcoin to Reach $250K in 5 Years, Says Morgan Creek’s Mark Yusko

October 18, 2021 , , , , , , , , , Eddy 0

Mark Yusko – Chief Executive Officer at Morgan Creek Capital Management – once again opined that bitcoin’s USD value can skyrocket to $250,000 in the next five years. However, it might have a bumpy ride until reaching that milestone. Better Than Gold The American investor, hedge fund manager, and philanthropist – Mark Yusko – is […]

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Brazil Central Bank Report: citizens purchased $4.2 billion in crypto in 2021

October 18, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Brazilians’ zeal for cryptocurrencies was recently confirmed by their 2021 crypto purchases. The exclusive Central Bank report revealed that the nation’s residents have bought $4.2 billion worth of crypto since January 2021. The latest purchase was registered in the month of August, amounting to $496 million. However, the highest purchase of crypto actives was marked […]

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