Cryptocurrency Analysis and News Portal
The price of Bitcoin (BTC) rallied to above $48,000 on Feb. 9, and has been consolidating since. Analysts from Material Indicators found that whales were the primary driver of the rally.This is largely considered a bullish sign. The probability of a Bitcoin top would increase when retail investors enter into
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Social media activity for Bitcoin is at an all-time high following a massive endorsement from Tesla CEO, Elon Musk.Speaking to Cryptox, co-founder and CEO of crypto data provider The TIE, Joshua Frank, noted there have been 143,000 tweets over the last 24 hours from “non-bot accounts.”The new record beats out
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Reddit has raised $250 million in a Series E fundraising round, the company announced Monday night. The social media site, which said both new and existing investors participated but did not disclose their names, plans to double its headcount with the funds, as well as build out its “video, advertising, consumer
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The rise of interest in cryptocurrencies amid Bitcoin (BTC) and Ether (ETH) bull runs often goes hand in hand with the proliferation of scams and manipulation schemes related to various altcoins. One of the main manipulation schemes running in the crypto markets is pump and dumps. These schemes artificially inflate
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Last week, Dogecoin exploded with an 800% intraday move. On-chain data looking closely at daily active addresses, however, suggests that the pump and dump was almost entirely driven by Robinhood buyers. Here’s what this means for both sides of the coin. Dogecoin Reignites Retail Interest in Crypto After 800% Rally Dogecoin’s recent rally
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Happy Groundhog Day. Bitcoin is ticking up, though still rangebound. XRP continues to bleed after a semi-successful orchestrated pump. Exchange tokens are seemingly benefiting from GameStop-style gamesmanship. Three stories1. IBM Blockchain has reportedly missed its revenue goals by a wide margin two years running. The legendary computing giant’s enterprise blockchain unit
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The Wall Street Bets phenomenon recent took a grasp of the crypto market, with an army of retail investors first targeting Dogecoin before setting their sights on XRP XRP saw some slow momentum at first, but rumors regarding a “pump and dump” Telegram chat looking to rocket its price quickly circulated This
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Ripple is back at the center of attention of the cryptocurrency community after a group of Redditors responsible for pumping failed stocks of GameStop and AMC Corporations choose to orchestrate the same buying frenzy for the blockchain firm’s native token XRP. The last four days have witnessed the XRP/USD exchange rate
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Payments-focused cryptocurrency XRP jumped to over two-month highs on Monday.The move more than reversed the late-December price slide triggered by legal troubles at the San Francisco-based payment protocol developer Ripple Labs, which has close ties to the digital asset. XRP rose to a high of $0.6836 during the European trading hours,
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Rallies in GameStock (NYSE: GME) shares as well as dogecoin (DOGE) and bitcoin (BTC) are piquing the betting interest of traders in China as much as they are in the United States.On Weibo, the popular social media platform in China, the highly active crypto community is speculating on which cryptocurrency
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