Things just keep getting worse for the crypto asset known as XRP. After an extremely poor performance over the last two years, the latest crash across crypto has caused the stablecoin Tether market cap to “flipped” the previously third-ranked cryptocurrency, Ripple.Tether Unseats XRP As The Third-Ranked Cryptocurrency, Flippening Is OfficialXRP has earned itself a negative…
A new XRP scam involving an email distribution posing as Ripple is making its way across the cryptocurrency community.Unlike most scams that are riddled with spelling errors and offers that seem far too good to be true, this latest phony attempt to steal people’s crypto appears to be highly believable.Ripple Investor’s Rough Ride Over the…
New data based on the delta between Chinese buyers and derivatives markets in Bitcoin markets suggests that much of the recent rally has been driven by crypto investors in China.But why are Chinese buyers dominating Bitcoin interest, and what is sparking the unusual phenomenon?Indicator Shows Chinese Buyers Are Dominating DerivativesBitcoin price may be falling currently,…
Bitcoin price fell towards $9,200 a day after it formed a bullish Golden Cross pattern.The decline appeared despite bullish favorable market outlook, raising fears of an extended downside action before this week’s close.So far, bitcoin has logged its biggest weekly decline since March 2020, with losses mounting near $700.Bitcoin plunged to near $9,200 just a…
So-called “Crypto Twitter” was set ablaze today by an unusual 50 Bitcoin transaction made by a Satoshi-era wallet from 2009 that has been dormant for over a decade.News of this initially led many to speculate that this could be the cryptocurrency’s elusive founder – Satoshi Nakamoto –moving his holdings, but later data suggests that this…
This morning, a 50 BTC transaction with a UTXO from February 2009 was made, sending the Bitcoin community into a storm of speculation. Was it Satoshi who was moving the coins, or someone close to the original, mysterious creator of the first-ever cryptocurrency?The discussion has brought back discussion as to who Satoshi actually could be.…
The crypto market was surprised to find that an 11-year-old Bitcoin wallet from early 2009 – just after the cryptocurrency’s launch – is now moving BTC.This has sparked a plethora of theories to emerge regarding whether or not it is Satoshi himself – or one of his associates – that is moving the cryptocurrency.News of…
Ahead of the approved and now distributed stimulus package that provided individual US taxpayers with up to $1,200 in relief, the proposal included the introduction of a cryptocurrency like the digital version of the dollar. However, if failed to gain traction and was pulled.Because the US Treasury failed to launch a cryptocurrency to distribute stimulus…
The transaction fees on the Bitcoin network have increased by more than 1,300% since the beginning of the year, with the halving pushing the amount necessary to perform a transaction all the way up to $5.1 on May 11. However, despite the huge increase in fees, many pointed out that Bitcoin is still a lot…
Bitcoin has seen some notable upwards momentum throughout the past several weeks, but it has failed to successfully surmount the $10,000 region.This price region has been a historically strong level of resistance for the benchmark cryptocurrency, as it has failed to hold above it for any extended period of time subsequent to its late-2017 crash…