The price of Ripple’s native crypto, XRP has seen much volatility over the last couple of months. Holders expected a late November 2020 surge in XRP prices, but all hope was lost after United States Securities Exchange Commission sued Ripple for an illegal securities offering, calling into question the status of the crypto. Many haveContinue reading “Here’s how XRP can survive Ripple-SEC lawsuit”

The customs service of Finland is planning to sell its Bitcoin assets, which the government agency had earlier confiscated in connection with criminal investigations related to drugs.  According to a local report, in 2016, the agency seized roughly 1,666 Bitcoins as part of the arrest of a so-called drug dealer named Douppikauppa based in Finland.Continue reading “Finnish Customs to sell 2016 confiscated Bitcoins now worth over $75 million”

Former Fed governor Kevin Warsh believed that US dollar is losing value and this situation seems to be affecting Bitcoin in a positive way. Kevin Warsh was a governor of the Federal Reserve System during and in the aftermath of the 2008 financial crisis. In a recent interview on CNBC’s Squawk Box, the former governmentContinue reading “Former Fed guv not surprised by Bitcoin’s current market performance”

In the last hour, several users have reported on Twitter that crypto exchange Coinbase’s website is not accessible. Moreover, according to the latest incident report, the Coinbase team notified users that the exchange was experiencing certain connectivity issues on the exchange’s website as well as the Coinbase mobile app. The incident report was posted onContinue reading “Coinbase is experiencing connectivity issues; website and mobile app are down”

Bitcoin set a new ATH of more than $35,000 on 6 January shortly after breaching the previous record high of $34,500 mark. This is much more than what Bitcoin cost in March 2020 which was around $3800. Many in the crypto economy believe that this year might see BTC touching a six-digit number.  Moreover, on-chainContinue reading “Could Bitcoin’s price increase 10x in the next 6 months?”

Macro investor Raoul Pal, CEO and Co-Founder of Real Vision Group thinks Bitcoin will soar to $1 million in roughly five years’ time. He believed that with the asset’s restricted supply, market demand will always be in Bitcoin’s favor. The former Goldman Sachs investment banker claimed that Bitcoin’s price-performance will continue to draw more interestContinue reading “Here’s why Bitcoin will reach $1 million by 2026 according to this economist”

Blockstream’s CSO, Samson Mow, thinks that institutional investors decide to buy Bitcoin regardless of its price movements. The Bitcoin maximalist took to Twitter on 5 January to explain that entities seeking to buy the digital asset do not plan to buy BTC at a particular price. Instead, heads of such institutions plan to purchase aContinue reading “How institutional investors decide the best time to purchase bitcoin”

Banks in Sweden are now concerned with regard to the country’s proposed CBDC project, the e-krona, which they believe could have a significant impact on their industry.  Sweden, which is seeing a decline in the use of cash for payments, is set to finalize a decision on whether to pursue its CBDC, the e-krona, byContinue reading “Bankers in Sweden express concerns over e-Krona digital currency project”

The previous year witnessed significant growth in decentralized applications. Total locked value locked (TVL) across all DeFi apps had hit $1 billion at the beginning of January 2020. A year later, DeFi TVL in dollars amounted to $18.3 billion, at press time, according to DeFi pulse. Although Bitcoin attracted several major corporate investors last year,Continue reading “ETH price effect? DeFi’s Total Value Locked crosses $18 billion”

Crypto asset manager Grayscale announced today that it has removed XRP from its digital large-cap fund, in the wake of US Securities and Exchange Commission accusing Ripple and co-founder Chris Larsen and CEO Brad Garlinghouse of allegedly raising over $1.3 billion through an unregistered “securities offering.”  The firm stated that it had sold all XRPContinue reading “Grayscale leaves XRP behind in its digital large cap fund”

Chief Technology Officer at Ripple and XRP Ledger architect David Schwartz said in a recent interview that US regulatory laws with regard to crypto-assets are “vague.” These comments were made, in wake of the Securities and Exchange Commission’s new lawsuit against Ripple which alleges that the company and two of its executives raised over $1.3Continue reading “Ripple CTO: It’s not that the laws are bad, it’s that they’re vague”

Financial strategist and founder of Rosenberg Research & Associates Inc, David Rosenberg said he would avoid investing in Bitcoin, as he considers the digital asset to be in a market bubble at present. The former Merrill Lynch chief economist also planned to stay away from Bitcoin at least for the next twelve months and insteadContinue reading “Why this financial strategist plans to stay away from Bitcoin for the next 12 months”