In a sign of continued maturity as a macro asset, bitcoin now looks to be leading the price action in the foreign exchange markets (FX). “The dollar slid back to flat on the day on Monday after a surge in bitcoin to record highs foiled the U.S. currency’s attempt to rally back from [U.S. nonfarm] […]Read More
More analysts are beginning to believe that Ethereum could achieve $10,000 to $20,000 in the long-term. The $20,000 target was first brought upon during this bull cycle by Real Vision Group CEO Raoul Pal. The industry executive noted that Ethereum is following Bitcoin’s growth trajectory based on Metcalfe’s law. “Oh shit, really? Is ETH identical […]Read More
One of the fun things about jigsaw puzzles, for those of you that haven’t tried them, is the satisfying snap of pieces fitting together to reveal part of a picture. Another is watching the whole picture emerge as more pieces join. In July of last year, the U.S. Office of the Comptroller of the Currency […]Read More
The Bitcoin price has seen a relatively large pullback since December 27, after it hit a peak at $28,422. Following a 6.5% drop, technical analysts and traders are becoming slightly cautious in the short-term. The Bitcoin price chart. Source: BTCUSD on TradingView.com Bitcoin demand came from derivatives, not institutions The Bitcoin rally to over $28,000 […]Read More
The XRP price has started to recover along with other “OG” altcoins. Throughout Bitcoin’s rally from $18,000 to over $23,000, most major altcoins have struggled. Now, they are starting to show signs of recovery. Why is the XRP price now recovering? In the past week, the XRP price stagnated even more so than other large-cap […]Read More
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