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Ripple Price Analysis: Following 12% Weekly Decline, XRP Hinges on Important Support

Ripple Price Analysis: Following 12% Weekly Decline, XRP Hinges on Important Support

January 27, 2021 , , , , Eddy 0

XRP/USD – XRP Holds Strong At Short Term .618 Fib Key Support Levels: $0.25, $0.23, $0.22. Key Resistance Levels: $0.3, $0.32, $0.35. XRP has been relatively quiet in January after the disastrous move in December, which saw it collapse by over 75% from high to low. It managed to find support at $0.2 and started […]

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Stock Market Bubble Searches Peak as GameStop (GME) Share Price Surges 600% in Days

Stock Market Bubble Searches Peak as GameStop (GME) Share Price Surges 600% in Days

January 27, 2021 , , , , Eddy 0

2020 turned out to be one of the S&P’s best performing years despite the pandemic. It seems the overall bullish trend in the past year is luring more investors and traders to the stock market. Data shows that searches for “stock market bubble” are peaking as the most recent frenzy with GameStop stock rages on. […]

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Anthony Scaramucci: The GameStop Frenzy Highlights Bitcoin’s Strengths

Anthony Scaramucci: The GameStop Frenzy Highlights Bitcoin’s Strengths

January 27, 2021 , , , , , , , , , Eddy 0

GameStop, a company aimed at selling physical video games struggling in recent years, has seen its stock prices explode by triple-digit percentages in the past several days as a bunch of traders from a designated Reddit group decided to act against Wall Street. Although this rather curious development seems far off the crypto scene, SkyBridge […]

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Coinbase Requests Crypto Rulemaking Timeout While FinCEN Extends Commenting Deadline

January 27, 2021 , , , , , Eddy 0

Coinbase asks FinCEN to pause last year’s rulemakings for cryptocurrency businesses. Shortly after, the agency officially extended the deadline for comments by another 45 days.  Crypto Regulations to Wait Major digital currency exchange Coinbase has sent a letter to the Financial Crimes Enforcement Network (FinCEN) to hold up the planned crypto regulations. The US-based venue has […]

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Bitcoin Indecisive as Uniswap (UNI) Soars 280% Monthly (Market Watch)

Bitcoin Indecisive as Uniswap (UNI) Soars 280% Monthly (Market Watch)

January 27, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin’s recent inability to chart gains continued in the past 24 hours as the asset even dipped below $31,000 once more. Most altcoins have also lost value, which has actually helped BTC to reclaim some of its recently lost dominance over the market. As we’re approaching the end of January, it’s worth noting that Uniswap’s […]

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More Institutional Interest: Nasdaq-Traded Marathon Invests $150 Million in Bitcoin

January 27, 2021 , , , , , , , Eddy 0

On Monday, Marathon Patent Group announced that it bought 4,812.66 BTC, worth $150 million, through the New York Digital Investment Group (NYDIG).  Merrick Okamoto, Marathon’s chairman & CEO, noted that the investment would help them accelerate the process of turning the company into a “facto investment choice for individuals and institutions who are seeking exposure […]

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Education Is Crypto’s Missing Link, Says Grayscale CEO

January 26, 2021 , , , , , , , , Eddy 0

Global regulators have always branded cryptocurrencies, especially bitcoin, as a tool for illicit activities such as money laundering and crime financing.  Even the newly-confirmed US Treasury Secretary Janet Yellen recently raised concerns over the same issue. Experts like ECB President Christine Lagarde and Shark Tank’s Kevin O’Leary have also called for a unified global regulatory […]

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4 Countries Where Bitcoin Searches Hit ATH In Early 2021

4 Countries Where Bitcoin Searches Hit ATH In Early 2021

January 26, 2021 , , , , , , , , , Eddy 0

With BTC’s price exploding to new highs, the asset’s popularity has grown globally. Google searches for Bitcoin have reached ATH records in several countries, including Chile, Nigeria, Argentina, and Colombia. Interestingly, the trading volumes from most of these nations have also increased lately. Google Searches of BTC To New ATHs In Several Countries Although the […]

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Bitmain Saga Over: Jihan Wu Steps Down as CEO

January 26, 2021 , , , , , Eddy 0

​Bitmain co-founder Jihan Wu officially announced his resignation in a signed statement published on Tuesday. An excerpt from Wu’s cryptographic message reads: “The disagreement between Micree and myself, the two co-founders of Bitmain, has been finally settled in an amicable and, more importantly, a constructive manner.” As part of the settlement, fellow co-founder and rival […]

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