The SEC’s lawsuit against Ripple may be bearish for a few altcoins but could be bullish for Bitcoin. The current crypto bull run has been spearheaded by Bitcoin (BTC). As the United States Securities and Exchange Commission has previously hinted that Bitcoin is not a security, the regulator’s current lawsuit against Ripple is unlikely to […]

Even with today’s correction, Bitcoin is still in an uptrend, but most major altcoins have lost momentum and may remain range-bound for the next few days. MicroStrategy CEO Michael Saylor recently tweeted that he purchased another 29,646 Bitcoin (BTC) at an average price of $29,646. With this purchase, the company has deployed the $650 million […]

A handful of altcoins look ready to move higher as Bitcoin price enters a short consolidation phase. Christopher Wood, the global head of equity strategy at Jefferies, has dumped five percent of their physical gold position in order to buy Bitcoin (BTC). This move shows that a growing number of institutional investors consider Bitcoin to […]

Bitcoin’s break above $20,000 boosted investor sentiment and triggered strong rallies from several altcoins. Crypto traders and investors received an early Christmas gift today as Bitcoin (BTC) price cleared the $20,000 psychological milestone for the first time in history. Today’s breakout is equally significant as it serves to heal the scars of the traders who […]

Bitcoin price regained the $19,000 level and continues to trade in a range, providing altcoins with the opportunity to steadily move higher. Strategists at JPMorgan said in a note that MassMutual’s $100 million Bitcoin (BTC) purchase shows that insurance firms and pension funds are now adopting Bitcoin. According to the analysts, typically this class of institutional […]

The market-wide correction looks set to continue as Bitcoin and most major altcoins are facing selling at higher levels. Bitcoin (BTC) price has been gradually giving up ground for the past few days and that has a few investors afraid that a sharp correction or a bear market similar to the one in 2018 could […]

Bitcoin and several altcoins have recovered sharply from their intraday lows, a signal that there is healthy demand at lower levels. In a recent Reddit “Ask Me Anything” session, billionaire Ray Dalio warned investors that the current astronomical pace of money printing is unlikely to stop in the near future and holding wealth in cash could […]

Dec 5, 2020 05:31&nbspUTC | Updated: Dec 5, 2020 at 05:31&nbspUTC By& Clark Ripple’s partnership with MoneyGram might not be as heat because it once was, however it’s paying off.Ripple Labs has sold-out a large chunk of its 2019 investment in MoneyGram.Per a Fri night filing with the Securities and Exchange Commission on Fri night, from Nov. twenty seven through Dec. 4, Ripple Labs managed to sell a pair of,264,113 shares of MoneyGram […]

Many altcoins are seeing sharp corrections as Bitcoin price struggles to hold $19,000 as support. A few years back, Bitcoin’s (BTC) price was controlled by whales as the crypto market lacked depth and was relatively illiquid. If whales were selling in unison, no one wanted to venture out and buy. Similarly, the whale’s concerted buying […]

Dec 4, 2020 06:24&nbspUTC | Updated: Dec 4, 2020 at 06:24&nbspUTC By& Clark Ripple may be forced to burn its entire XRP holdings if the community votes for it, the company’s CTO David Schwartz has confirmed. Ripple chief technology officer David Schwartz has admitted the corporate may be forced by validators to burn its forty eight billion XRP tokens, no matter if it agrees with the […]