The long-awaited lunch date between TRON founder Justin Sun and billionaire investor Warren Buffet has just taken place. Upon the news breaking, the price of the TRON network’s native crypto asset TRX took off upwards violently.Although Sun claims TRON’s speed impressed Buffet, does such an event warrant the clear market enthusiasm? After all, Sun paid…
A new court filing reveals that the self-proclaimed Michael Jordan of crypto trading has been charged with scamming over 100 investors out of $7.5 million.The investors include former professional MLB players, raising the stakes and bringing additional public attention to the case.Crypto Trading Ponzi Scheme Scams Investors Out of $7.5 MillionWhen you hear the name…
The crypto market is currently the most explosive its been since the 2017 crypto bubble, with Bitcoin and individual altcoins smashing through downtrend resistance and going on insane rallies.Altcoins have also broken out against Bitcoin after six full months of sideways trading, suggesting that an alt season is on the horizon.Altcoins Finally Break Out of…
XRP’s poor performance throughout 2019 has left a sour taste in the mouths of investors, with many attributing its over 40% year-to-date decline to Ripple’s quarterly token sales. In spite of this, the crypto has been off to a great start in 2020, and its technical situation appears to be growing even stronger.It is important…
It has been a wild day for Bitcoin (BTC), with the benchmark cryptocurrency finding itself caught within the throes of immense volatility that has primarily been bull-favoring.This volatility has allowed the crypto to rally up towards $10,000, although it has hit some intense resistance during the course of this latest upswing.Although it still remains unclear…
An article about the recent BSV Genesis hard fork by ZDNet is causing quite the stir in the crypto industry. The piece describes the network upgrade as a new beginning for Bitcoin.The article represents BSV as the original Bitcoin and Craig Wright as its creator. Since Wright is still to prove his claims, some crypto industry…
XRP has been rallying throughout the last week, pushing through downtrend resistance and is potentially ready to reclaim former highs.The first step in an attempt at breaking above recent bear market rally highs is recapturing the 200-day moving average – a feat that XRP just achieved after the latest pump above.XRP Recaptures 200-Day Moving Average…
Contrary to what you may have heard, Satoshi Nakamoto might have been keener on the idea of Bitcoin as a store-of-value than as a means of payment. At least, that’s what Kraken Business Development Director Dan Held thinks from his own study of Nakamoto’s work.Held believes that clues within Nakamoto’s forum posts and the Bitcoin…
XRP is the talk of the crypto space today, after rallying over 7% in a matter of minutes towards a high of 27 cents per XRP token.The surge is the result of a breakout on both the XRP/USD and XRP/BTC trading pairs, indicating that Ripple will so rally against the dollar and Bitcoin itself.XRP Breaches…
Ever since the clock first struck midnight turning into the new year, altcoins like XRP, Ethereum, Litecoin, and many others have been tearing up the price charts and going on massive price rallies.But those rallies have now triggered a sequence of candlesticks that according to a world-renowned market analyst typically result in a reversal and…