Day: July 23, 2020

XRP: Can Mathematical Targets For Ripple Realistically Reach $26?

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XRP is often the butt of many jokes across the crypto space due to general distaste toward the altcoin and years of underperformance. But one of the biggest running jokes going is a call made for $589 per token, considered a mathematical impossibility. However, could Ripple eventually reach other, more reasonable targets based on math commonly used to find turning points in financial assets? Will Ripple Ever See a Recovery To Former Highs Or Beyond? An old crypto analyst prediction has haunted them since the day it was made. A…

Apple Co-Founder Steve Wozniak Sues YouTube Over Crypto Scams

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Lawyers for Steve Wozniak and 17 other people adversely affected by fake Bitcoin giveaway scams on YouTube have sued the platform and parent company Google for not acting quickly to ban such content. According to a July 22 announcement from the law firm of Cotchett, Pitre & McCarthy, Google and its subsidiary YouTube failed to protect users from fake Bitcoin (BTC) giveaway scam channels featuring images and videos of Wozniak and other celebrities. The hijacked channels run ‘giveaway’ scams stating that anyone who sends cryptocurrency to a certain address will…

Bitcoin is Just an Inch Away from Starting a Nosedive to $7,000; Here’s Why

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Bitcoin and the aggregated crypto market are currently stabilizing following the turbulence seen yesterday. This volatility allowed Bitcoin to break out of its tight trading range and secure a position above its previous range highs of $9,300. Concurrently, most altcoins shed some of their value. Now that the dust has settled and BTC is entering what appears to be another consolidation phase, analysts are noting that the cryptocurrency is trading at a pivotal point. One trader explained in a recent tweet that a daily close above $9,300 would be positive…