Ripple Price Analysis: XRP Bearish Below 40 Cents, NY Ready to Explore
Enthusiasts often paint a rosy picture on the burgeoning internet of value claiming it will disrupt and eventually replace centralized set-ups. But before this come to pass, the community understands that education and general awareness is key. It is for this reason that Ripple has so far donated $80 million to various causes. On their […]
Crypto Markets Recover Slightly After Yesterday’s Drop, Equities Market Trades Flat
The traditional equities market, which has seen increased volatility over the past several weeks, is currently trading flat and one prominent investor believes further instability could be right around the corner. Crypto Markets Trade Up After Yesterday’s Drop Yesterday, Bitcoin dropped from the $3,800 region to lows of $3,645, from which it has since recovered. At the […]
Bitcoin May Breach $333,000 By 2023: Why This Prediction Isn’t Crazy
There’s no denying it, the crypto industry is known for its eccentric individuals, statements, and startups. John McAfee, for example, promised to consume his family jewels if Bitcoin (BTC) doesn’t reach $1 million apiece by 2020’s end. While McAfee’s call is by far the most bizarre, especially what he wagered, he isn’t the only industry […]
Mike Novogratz Explains Why He’s Still All-In on Crypto
No one on Wall Street embraced cryptocurrencies with as much gusto as legendary trader Mike Novogratz. After Jamie Dimon called Bitcoin a “fraud”in September 2017, Novo, as he’s known, predicted, correctly, it would hit $10,000 and keep climbing. The former hedge fund manager and Goldman Sachs Group Inc. partner became an unlikely hero of the […]
Mike Novogratz’s Crypto Trading Desk Lost $136 Million in Nine Months
The bad year for traders at Mike Novogratz’s cryptocurrency merchant bank got even worse in the third quarter — and that was before the market fell out of bed this month. Net realized and unrealized losses on digital assets at Galaxy Digital Holdings LP’s trading operation totaled about $41 million in the third quarter, bringing […]
Bitcoin-Rigging Criminal Probe Focused on Tie to Tether
As Bitcoin plunges, the U.S. Justice Department is investigating whether last year’s epic rally was fueled in part by manipulation, with traders driving it up with Tether — a popular but controversial digital token. While federal prosecutors opened a broad criminal probe into cryptocurrencies months ago, they’ve recently homed in on suspicions that a tangled […]
1Broker to Start Processing Withdrawal Requests
Marshall Islands-registered contracts-for-difference broker 1pool Ltd., which operates the 1Broker brand, has announced that the company will revive some if its functions today. The team tweeted that they will start processing clients withdrawal requests. We will start processing withdrawals tomorrow at 12:00 (UTC). Thanks for your patience in the past days! — 1Broker (@1Brokerio) October […]
Tiberius Delays Sale of Commodity-Backed Crypto
Tiberius Group AG delayed the sale of its commodity-backed cryptocurrency until December, blaming the move on credit-card companies. While the Switzerland-based asset manager and commodities trader received orders worth $1 million via its subsidiary Tiberius Technology Ventures AG, the fees from credit-card processors were unacceptably high, it said in a blog post Tuesday, ending more […]
Robinhood Available in Rhode Island, Tennessee and Arkansas
Robinhood, the popular mobile application that offers free trading of stocks, options, exchange-traded funds (ETFs), and crypto assets, has recently expanded its coverage in the U.S. adding Rhode Island, Tennessee and Arkansas since the beginning of October. The consecutive announcements made on social media came after the company launched in Alaska and Oklahoma last month. […]
Crypto Investors Are Using Back Door for Bitcoin Buys
Crypto Investors are becoming more involved in the $220 billion cryptocurrency market than many observers may realize. Buyers such as hedge funds have replaced high-net-worth individuals as the biggest buyers of large swaths of digital coins worth more than $100,000 through private transactions, according to Bobby Cho, global head of trading at Cumberland, the Chicago-based […]
