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 […]
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“It is a massive event,” and not only in the U.S. but in Europe too, as it will show markets how to value crypto firms. In some ways, the Coinbase exchange is the poster child for the crypto industry. It has embraced — not fought — regulation, which sets it apart from most cryptocurrency exchanges […]
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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 […]
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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 […]
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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 […]
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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 […]
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The two Polkadot parachains will communicate to create a unified DeFi environment. Cross-chain DeFi lending protocol Equilibrium (EQ) is set to bring its USD-pegged stablecoin to Moonbeam, a Polkadot (DOT) project building an Ethereum-like blockchain. DeFi projects building on Moonbeam will be able to use Equilibrium’s stablecoin as if it were native to the blockchain. […]
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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 […]
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Is all this Christmas nonsense getting in the way of your crypto obsession? Well, why not combine the two? As we find ourselves already knee-deep into December, it has become increasingly difficult to ignore that certain festive je ne sais quoi that always seems to permeate the air during this time of year — yes, […]
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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 […]
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