Although the Bitcoin price can stabilize for the time being, it has not yet managed to end its sideways phase sustainably. Increased investments in altcoins are causing the BTC dominance to correct significantly. Bitcoin (BTC): BTC price continues to trend sideways BTC price: 34,589 USD (previous week: 34,260 USD) Resistances/targets: 35,025 USD, 36,097 USD, 37,910 […]
Month: January 2021
Grayscale, a record number of investments
Grayscale, a record number of investments in a single day Grayscale on the day of Friday 15 January raised something like $700 million from its investment assets. This is a record. CEO Michael Sonnenshein explained it on Twitter. Yesterday, @Grayscale raised north of $700 million into its family of products…momentum from Q4 seems to be […]
XRP in Free Fall: A Ripple Damage Record
Ever since the US Securities and Exchange Commission accused Ripple of issuing unregistered securities a few weeks ago, the company has been fighting for damage control. Far more than just reputation is at stake. 60 percent discount in a little more than two weeks: This is the preliminary XRP balance sheet of a likely long-running […]
The Bitcoin community donated more than $1 million to the Dave Portnoy Charitable Foundation
Dave Portnoy, the creator of sports media platform Barstool Sports, launched a charitable foundation to support small businesses in the U.S. in the face of a coronavirus pandemic. In just a few days, he raised more than $1 million from cryptocurrency supporters. Portnoy announced the launch of The Barstool Fund on Dec. 17, but until […]