Bitcoin breaks $60,000 a year after ‘flash crash’ to under $4k
Bitcoin, the world’s biggest cryptocurrency by market cap, broke the $60,000 level today driven by futures and spot trading activity. It’s now returned over 990% to investors in the past year, and 8% in the past day.Data showed over $490 million...
Ripple Labs Executives File to Dismiss SEC Request for Personal Finance Information
Both Ripple Labs execs have filed to squash SEC subpoenas to six banks that they provide personal financial information as part of the lawsuit.
Ripple Labs Chief Executive Officer Brad Garlinghouse and Executive Chairman Chris Larsen are currently in a row with the US Securities...
MicroStrategy ignores critics to add a further $15 million of Bitcoin (BTC) to its reserves
MicroStrategy CEO Michael Saylor announced the firm had purchased a further 262 Bitcoin at the cost of $15mn. This brings its total holdings to 91,326 BTC, with a total spend of $2.2bn.Based on today’s price, MicroStrategy has an unrealized profit of...
Bitcoin breaks $57,000 as on-chain data turns “mostly bullish”
Bitcoin, the world’s largest cryptocurrency by market cap, broke the $57,000 price level based on strong fundamentals and favorable on-chain data.Bitcoin surgesBitcoin broke the $56,000 level Thursday and surged to the $57,000 price level, one that saw a huge selling at...
30% of U.K. investors feel they have “missed the boat” for Bitcoin
A recent survey threw light on how UK investors viewed Bitcoin as an investment. Some said they would invest more, while others think they have already “missed the boat.”Missing the boat? Maybe notA survey by policy think tank Parliament Street found...
Data shows funding rates for Bitcoin are “warming up again”
On-chain data for funding rates shows traders are once again piling into Bitcoin, the world’s largest cryptocurrency by market cap.Funding rates are an indicator of increased trading activity. Perpetual swap products allow traders to borrow in excess of the funds they...
Radio Host Alex Jones loses laptop containing 10,000 Bitcoin
Controversial figure Alex Jones, who was once dubbed America’s leading conspiracy theorist, claims to have lost a laptop containing 10,000 Bitcoin. Following Bitcoin’s renaissance this week, that would equate to a value of $560mn at today’s price.Jones makes fantastical Bitcoin claimsSpeaking...
Cryptonites Dubai: Crypto traders reveal their MOST bullish predictions for Bitcoin in 2021
Ask ten crypto proponents about the prices of Bitcoin a year from now and you’re likely to hear ten widely different answers. Some use astrology, some use technical analysis, and some use on-chain voodoo art for their predictions.And there are then...
Ripple and Youtube Settle Lawsuit over XRP Scam Videos
Garlinghouse announced that Ripple and Youtube have settled and would be working hand in hand “to prevent, detect and take down these scams”.
Ripple has been able to successfully see the end of one of the many lawsuits it is in as its CEO Brad...
Bitcoin naysayer JPMorgan creates ‘Cryptocurrency Exposure Basket’
The US bank is suddenly turning bullish on Bitcoin’s long-term growth after trying to shun it for years.Bitcoin the first timeJPMorgan has created a “Cryptocurrency Exposure Basket” for clients looking to bet on companies working in the crypto space, a filing...
