Tags : faces

Bitcoin

Bitcoin Bull Run Faces Exhaustion Risks from Ongoing US Bond

Bitcoin prices printed themselves new record highs all Wednesday, but the cryptocurrency risks finding its potential tipping point against an ongoing US government bonds sell-off. High prices and thin yields on Treasury bonds provided critical support for Bitcoin since the coronavirus-induced global market rout last March. But, against the prospects of higher inflation, yields have […]Read More

Market

Bitcoin Faces Further Losses Before Rally Restarts, Say Analysts

Bitcoin’s shorter-term price woes are likely not over yet, analysts say, with one predicting a further decline to $26,000. The cryptocurrency fell by 13% on Thursday in a spot market sell-off, hitting a low of $28,845 earlier on Friday, the lowest level since Jan. 4. In the hours since, the cryptocurrency has regained some poise […]Read More

Market

Japan Rallies Behind XRP as Ripple Faces US Litigation

“I’m not selling,” Makoto, a Japanese entrepreneur and XRP investor, told CoinDesk. Makoto first bought the digital token XRP in 2017, a year after its issuer, San Francisco-based Ripple Labs, launched a joint venture with one of Japan’s most respected financial services institutions, SBI Holdings Inc.  Soon after, the popularity of XRP soared in Japan.  […]Read More