Bitcoin price is up by more than $400 since a mid-week spike took the top cryptocurrency above $9,600. The breakout meant Bitcoin’s price had for the first time in nearly a month broken out of its Bollinger Bands squeeze. Although the past 24 hours have seen bulls struggle to break beyond Read more…
Bitcoin price held steady on Friday despite correcting below $9,600 following a supersonic rally yesterday. The benchmark cryptocurrency established a quarter-to-date top at $9,686 as bids for safe-haven assets, including gold, picked momentum against rising unemployment claims, and US-China geopolitical tensions. The jump later prompted daytraders to secure their short-term profits Read more…
Ripple’s XRP has failed to spark interest among investors because of the downward price action it has experienced over the past two years. However, the international settlements token is currently testing a key resistance barrier that may break and allow it to reach higher highs. XRP Looks Poised to Breakout Read more…
The national banks can from now provide crypto custody services. “From safe-deposit boxes to virtual vaults, we must ensure banks can meet the financial services needs of their customers today,” said Acting Comptroller of the Currency Brian Brooks, who previously served as the chief legal officer for crypto exchange Coinbase, Read more…
Mastercard is expanding its interst in virtual currencies, approving Wirex as the first native cryptocurrency platform to be granted principal membership, allowing it to directly issue payment cards. Mastercard principal membership enables Wirex to issue payment cards directly to consumers, making it easier for people to buy, hold and exchange Read more…
XRP/USD is changing hands at $0.1985. The coin attempted a move above $0.2000 during early Asian hours but failed to hold the ground amid low trading activity. At the time of writing, XRP/USD is moving within a short-term bullish bias, mostly unchanged both on a day-to-day basis and since the Read more…
John McAfee’s “Special Meal” Awaits in December, Unless Bitcoin Hits $500,000. But at a little over $9,000 in Q2, his target for Bitcoin is way off and now that it is time to pay the piper, the renowned bitcoin/crypto advocate is changing his tune. Unfortunately for John McAfee the internet Read more…
Crypto social media platform Minds has been garnering users who are concerned about their privacy, according to the company’s CEO. The open-source platform, seen as an alternative to Facebook or Twitter, awards users with cryptocurrency for engagement. Crypto Social Network Minds Gaining Popularity Privacy-oriented social media platform “Minds,” often touted Read more…
Despite the 150% rally from the March capitulation lows, there remain many that remain macro bearish on Bitcoin. Take the example of Peter Schiff, the CEO of Euro Pacific Capital and a prominent gold proponent. He recently argued that while he expects gold to rally, he still thinks Bitcoin is embroiled in Read more…
Ripple CEO Brad Garlinghouse said he considers China ahead of the U.S. as both countries wade the regulatory waters of the burgeoning crypto space. As part of the Chamber of Digital Commerce’s Parallel Summit on July 17, Garlinghouse expressed admiration for China’s approach to the crypto space. “In some ways I’m in Read more…