It has been discovered that there is a correlation between Bitcoin price and mentions of the upcoming BTC halving in media outlets. The more mentions are there, the higher the price is.
Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100, marking the second day of losses amidst fears of the coronavirus spreading to more countries.
Today, more than 60% of global transactions involving Bitcoin have a connection with the gambling industry. One of the main factors that can be used to explain this popularity is the anonymity that crypto offers to the network participants.
Derivative platform FTX said that it plans to conduct its FTX Equity token sale next month in March 2020. The minimum investment is kept at $250,000 with each equity token priced at $2.
Ripple’s XRP price may be on the road to the next big move, as the company is actively expanding the scales of its activities and joined the Top 100 Remittance Companies list being the only crypto-related company there.
The U.S. markets show a significant drop on Monday morning due to the coronavirus fears and uncertainty. People rush to sell the coins, experts now expect Bitcoin price to go below 9,000.
During his recent interview with CNN, Justin Sun clarified that he has a diversified portfolio of crypto investments and holds large sums of BTC, ETH, and XRP. Besides, his candid remarks calling TRX a shitcoin has hurt the investors as Tron (TRX) lost 20% price since then.
Warren Buffett stated in an interview that Bitcoin and other crypto have no value. He didn’t change his opinion even though Justin Sun claimed to have given him some crypto assets after the lunch they had together.
Ethereum is preparing the network for a major upgrade via a planned hard fork. How this can influence the ETH price, considering code changes and the difficulty of staking in 2020? Let’s find out.
XRP price is down now. But let’s take a closer look at the XRP market performance and the measures put in place by Ripple and XRPL community to see the coin thrive in the future.
Ripple has been included in the list of the top 100 cross-border payment firms by FXC Intelligence. It is ranked with top giants in that field like PayPal and also UBS.
The Bitcoin price plays around $10,000 levels and faces stiff resistance. Several indicators suggest a bullish view ahead for the short-term. Analysts expect the BTC price to rally further above $10,300.
According to Changpeng Zhao, Bitcoin halving does not have a set price. But after the event, we may expect that the BTC price will react positively.
Christopher Giancarlo, the CFTC former head, says that the U.S. should issue the digital dollar to compete with other CBDCs. Giancarlo claims that the CBDC dollar is not a competitor to Bitcoin, Ethereum, TON or Libra.
On February 21, the Malta Financial Service Authority made an official post about the Binance exchange office address. The cryptocurrency market received a hit.