Analysts say Bitcoin could pop back up after accumulation
The price of Bitcoin fully retraced after surging to around $38,000 in the past 24 hours. BTC initially surged after Tesla CEO Elon Musk put the word “Bitcoin” in his Twitter bio.Since then, BTC has dropped back down to around $33,000, hovering just below...
‘DeFi is really eating the world of finance,’ says Kraken CEO
The emergence of cryptocurrencies such as Bitcoin and Ethereum made it obvious how much traditional markets lack transparency and are stacked against the “little guy,” Jesse Powell, CEO of crypto exchange Kraken, told Yahoo! Finance in an interview published on Friday.“Ethereum gives you access...
Ripple Files Response to SEC Lawsuit against Alleged XRP Sales as Securities
The blockchain startup noted that the SEC is unwilling to accept XRP’s utility. The Ripple general counsel also said that the SEC action has unnecessarily created doubt among investors leading to their huge financial losses with falling XRP.The San Franciso-based fintech startup Ripple has issued...
Bitcoin and Inflation: Everything You Need to Know
Crypto enthusiasts often talk about bitcoin as a hedge against inflation. Why?
The argument is that central bank money printing will lead to inflation or the decrease in the value of money over time. Bitcoin, by contrast, has a fixed limit of 21 million coins...
MicroStrategy CEO to release the world’s first Bitcoin ‘playbook’ for corporations
The enterprise business firm entered the Bitcoin space last year amidst fears of inflation and a depreciating dollar. It’s now urging other corporations to do the same.The playbookBusiness analytics company MicroStrategy will soon release Bitcoin Corporate ‘playbook’ yesterday, as per a tweet by firm...
Reddit’s SatoshiStreetBets Community Pushes DogeCoin (DOGE) 800% Up
DogeCoin registers a massive rally making a momentary entry in the list of top-ten crypto by market cap toppling Litecoin (LTC) for a very short time. In a wild rally, the crypto price jumped vertically upwards registering 800% in just 24 hours.It’s crazy what’s...
Dogecoin (DOGE) Gets Pushed Up in Ranking amidst Pump in Price
At the time of writing, DOGE is in the 10th position with a market cap of $7 billion.It is a wild world on Reddit and Twitter as Dogecoin (DOGE) was targeted as the cryptocurrency befitting to be pumped as the shares of American video...
Ray Dalio clarifies his position on Bitcoin saying he “greatly admires” it
Billionaire philanthropist and founder of Bridgewater Associates Ray Dalio clarified his stance on Bitcoin, saying he respects how it’s fared over time.“I greatly admire how Bitcoin has stood the test of 10 years of time, not only in this regard but also in how...
Here’s why Elon Musk’s simple Twitter bio change rocketed Bitcoin up 18%
The price of Bitcoin surged 18% after Elon Musk, the CEO of Tesla and SpaceX, added “Bitcoin” to his Twitter bio.
The price of Bitcoin. Source: BTCUSD on TradingView.comWhy would Bitcoin rally this hard off of a Twitter bio change?Musk adding Bitcoin to his bio...
PARSIQ Platforms’s Native Token PRQ Is Now Listed on OKEx
Besides incentivizing users who make payments with the tokens, the PRQ tokens have other unique advantages and use cases.The native digital token of the PARSIQ platform dubbed the PRQ Tokens has now been listed on major cryptocurrency exchange OKEx. The listing, which was confirmed...
