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Bitcoin Billionaire Tyler Winklevoss Pushes BTC Scarcity as 26% of US Dollars Were Printed in 2020

The Bitcoin price has more than doubled in less than a month with easy monetary conditions and trillions of dollars in fiscal stimulus leading many investors to view the token as a new inflation hedge. The Trump administration reported in early October 2020, that the deficit for the budget year that ended on Sept. 30, … Continue reading Bitcoin Billionaire Tyler Winklevoss Pushes BTC Scarcity as 26% of US Dollars Were Printed in 2020

Crypto Market Loses Around $170 Billion in the Last 24 Hours as Bitcoin Price Drops

After enjoying a remarkable bull run in recent weeks that saw the crypto sector’s market capitalization surpass $1 trillion, many cryptocurrencies have since pulled back. This has resulted in the crypto market plummeting by nearly $170 billion in the last 24 hours as leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) tumbled by 13% and 16%, … Continue reading Crypto Market Loses Around $170 Billion in the Last 24 Hours as Bitcoin Price Drops

Greed Caused the Bitcoin Price 20% Plunge, Will BTC Price Rise Again?

The Bitcoin price suffered a massive correction with the BTC price falling from its recent high of $41,500 to an intraday low of $32,829, dragging the crypto market down with it. But what happened? The cryptocurrency market has lost over $170 billion in total market value in the last 24 hours as the Bitcoin price … Continue reading Greed Caused the Bitcoin Price 20% Plunge, Will BTC Price Rise Again?

XRP Price Analysis: Is XRP Back on Track To Its Glory Days?

XRP coin, the fourth-largest cryptocurrency by market capitalization and arguably one of the few cryptos to close the previous year 2020 on a bearish note is currently experiencing a boom that implies it is heading back towards its glory days. XRP’s woes were heralded back in December when the United States Securities and Exchange Commission … Continue reading XRP Price Analysis: Is XRP Back on Track To Its Glory Days?

eToro Sees More Bitcoin Demands Than Supply, Set To Ration Bitcoin Sales

Popular social trading platform and cryptocurrency marketplace, eToro has noted that it has more demand for Bitcoin (BTC) than its current supply can support. The move has driven industry experts to believe that the cryptocurrency marketplace will begin to ration its Bitcoin sales, following an update sent by the platform to its users. “The unprecedented … Continue reading eToro Sees More Bitcoin Demands Than Supply, Set To Ration Bitcoin Sales

Bitcoin Futures Open Interest Hit ATH Again as BTC Price Soars by 900% Since 2018

Bitcoin’s price rally seems to have been ignited again given that it is up by 10.97% in the last 24 hours to hit $38,549 at the time of writing, according to CoinMarketCap. The leading cryptocurrency recently tumbled to an intraday low of around $32,200 based on a looming correction following its bull run that saw … Continue reading Bitcoin Futures Open Interest Hit ATH Again as BTC Price Soars by 900% Since 2018

Grayscale Ends Quarter with Record-Breaking Inflows of $5.7 Billion as Demand for Crypto Goes Up

Grayscale Investments has released their quarterly report assessing the last months of 2020. Per the report, the year finished with a bang for them, with inflows of investments topping $5.7 billion. This translates to four times the investment amount pouring into Grayscale from 2013 to 2019. The fourth quarter of 2020 was solid for Grayscale, … Continue reading Grayscale Ends Quarter with Record-Breaking Inflows of $5.7 Billion as Demand for Crypto Goes Up

The Likelihood that Ripple Will Win the Legal Battle against the SEC over XRP May Be Promising

As the pretrial court date between Ripple and the Securities and Exchange Commission is rapidly approaching, the outcome of XRP still remains uncertain. In the crypto sector, the market value of XRP may soon be overtaken by that of Polkadot (DOT), as the SEC’s lawsuit predicament triggered a dramatic drop in XRP’s price. Not only that, but … Continue reading The Likelihood that Ripple Will Win the Legal Battle against the SEC over XRP May Be Promising

Voyager Digital announces the listing of Elrond Gold token

Voyager digital has just announced that it will be listing the Elrond Gold token on its exchange. This is a big news story for those of us that have been excited for the release of Elrond onto the exchange market in recent months. Elrond has already shown itself to be a worthy entry into the … Continue reading Voyager Digital announces the listing of Elrond Gold token

Ethereum’s Daily Transaction Volume is Going Parabolic Surpassing Bitcoin by $3 Billion

Ethereum (ETH) has been in a frenzy as it continues to stamp its authority in the crypto space. The second-largest cryptocurrency continues to make merry as it is just 5.28% below its all-time high (ATH) price of $1,400. ETH has enjoyed a remarkable bull run, with its price up by 22.14% in the past week. … Continue reading Ethereum’s Daily Transaction Volume is Going Parabolic Surpassing Bitcoin by $3 Billion