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XRP Correcting Gains After Rallying on Good News


On Tuesday, XRP, the native token of the Ripple Ledger and the third most valuable coin by market capitalization, is correcting its gains after a strong rally on Monday, prompted by positive news. At pixel time (10:07 UTC), XRP trades at c. USD 0.215 after almost touching USD 0.225 earlier today...

McAfee Catches Heat After Welshing On Famous Bitcoin Bet


Many bold predictions about bitcoin’s price have been made over the years, but tech entrepreneur John McAfee’s 2017 claim that BTC would reach $1 million before the end of 2020 garnered more column inches than any other. This is because he promised to, ahem, consume his own manhood...

Stablecoins Are Crypto’s Version of Fractional Reserve Banking


Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...

Bitcoin as Safe Haven Narrative is Tested Again After U.S. Strike in Iran


The remains of a vehicle hit by missiles outside the Baghdad Airport. Source: a video screenshot, Youtube, Guardian News The popular oft-debated narrative of Bitcoin (BTC) as a safe haven is being tested yet again, following the U.S. strike in Iran. Iranian Major-General Qassem Soleimani, head...

Bitcoin and Altcoins Staging Strong Comeback After Tagging Support


This week, bitcoin price extended its decline below the USD 7,250 support level. BTC/USD even traded below the USD 7,050 and USD 7,000 support levels. Finally, the price traded close to the USD 6,850 support level and recently started a fresh increase. Similarly, most major altcoins tested...

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