January 2021

Ripple (XRP) Broke Major Hurdle, Bulls Aim Close Above $0.30

January 29, 2021 boss

Ripple is up over 10% and it spiked above $0.3000 against the US Dollar. XRP price is showing positive signs and it is likely to continue higher towards $0.3100 and $0.3200. Ripple is showing a few bullish signs above $0.2700 and $0.2800 against the US dollar. The price is trading nicely above the 100 simple moving average (4-hours), but it is facing hurdles near $0.3000. There was a break above a major bearish trend line with resistance near $0.2700 on the 4-hours chart of the XRP/USD pair (data source from…

Coinbase Becomes First Major Cryptocurrency Exchange to Go Public

January 29, 2021 boss

Crypto Street is joining Wall Street with Coinbase Global Inc., the largest U.S. based cryptocurrency exchange, filing to go public. According to the Company’s blog, the route will be a direct listing of its Class A common stock. Coinbase was founded in 2012 and is a well known and regulated cryptocurrency exchange based in the United States. Direct listing offers several advantages over an IPO such as a lower cost and minimal dilution for existing stock holders. Given the popularity of Coinbase, it would not be a surprise to find…

BIS Chief Banker Criticizes Bitcoin as Inherently Risky, Says BTC Vulnerable to 51% Attack – News Bitcoin News

January 29, 2021 boss

Bank for International Settlements (BIS) general manager Agustin Carstens has criticized bitcoin saying the asset was inherently risky and “increasingly vulnerable” to a 51% attack. A long time bitcoin (BTC) skeptic, Carstens stressed that only central banks should be issuing digital currencies. “Investors must be cognizant that bitcoin may well break down altogether,” he opined, in a speech delivered at Hoover Institute on January 27, 2021. “Scarcity and cryptography alone do not suffice to guarantee exchange,” Carstens stressed. Carstens, who runs the Basel-based central bank for central banks, speculated that…

Necessity is the mother of adoption – Cointelegraph Magazine

January 29, 2021 boss

Binance’s Changpeng Zhao describes the Philippines as “one of the most active crypto communities in Asia” and it’s the perfect way to sum up the country’s blend of high adoption amid relatively low affluence. With GDP spending power of less than $10,000 per head each year, this nation of 7,100 islands is far from a major contributor to worldwide exchange volumes. But in terms of day to day use and enthusiasm, a significant proportion of Filipinos appear to be leapfrogging directly from a cash-based economy to the future of fintech.…

Bitcoin BTC Technical Analysis – Jan. 24

January 29, 2021 boss

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin BTC Technical Analysis. Remember this are just my personal opinion of what could happen on the markets. Bitcoin BTC Technical Analysis. This is NOT a financial advice. Please do your own research and never trade an amount that you cant afford to lose. Bitcoin BTC Technical Analysis. #cryptocapitalinvestment #crypto #cryptocurrencie #invest # investment #trade #trading #bitcoin #btc Patreon – Instagram – Twitter – Steem – Support this channel by creating a binance account with this referal link If you are going…

a Global Deflationary Asset – Press release Bitcoin News

January 29, 2021 boss

PRESS RELEASE. Since its inception, Statera has had a singular goal: “to put cryptocurrency into every portfolio”. Statera is a first-of-its-kind asset that offers a unique exposure for any user: an immutable, global, decentralised and deflationary asset. On top of this, Statera threads through multiple liquidity pools, allowing users to easily and instantly diversify into digital assets. This also created a first of its kind: the Deflationary Index Fund. Statera possesses many of Bitcoin’s traits and in some aspects, even surpasses them; it’s cheaper to transfer, more decentralized, and more…

Hundreds of thousands watch as AOC takes on Robinhood on Twitch

January 29, 2021 boss

Hundreds of thousands tuned in to a Twitch stream today as U.S. congresswoman Alexandra Ocasio-Cortez discussed Robinhood’s controversial decision to suspend trading in GameStop after the short squeeze engineered by r/WallStreetBets. Hours earlier, Ocasio-Cortez, who sits on the House Financial Services Committee, slammed Robinhood for favoring the interests of the ultra wealthy at the expense of ordinary investors. “This is unacceptable. We now need to know more about @RobinhoodApp ’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they…

Rick Rule on Investing in 2021(SPACs, Bitcoin, Inflation, Risk, Stock Market Crash + MORE)

January 29, 2021 boss

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Rick Rule talks on investing in 2021. Some of the topics covered in this video include SPACs, bitcoin, inflation, real interest rates, stock market risk and general stock market discussions. You can have Rick Rule personally rate your portfolio and give you feedback about the companies you hold over at this link: 🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇 Rick Rule would review your uranium portfolio FOR FREE over here: 🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇🥈🥇 🎎🎎🎎🎎🎎🎎🎎🎎🎎🎎🎎🎎🎎🎎🎎 1-V-1 TRAINING PROGRAM FOR PEOPLE WHO WANT A PORTFOLIO THAT DOESN’T EAT AWAY THEIR LIVES BUT…

Grayscale is buying BTC 54% faster than it is mined so far in 2021

January 29, 2021 boss

Digital asset manager Grayscale is showing little signs of slowing down its Bitcoin accumulation, adding around 40,000 BTC to its stash since January 13. That’s around $1.36 billion worth of Bitcoin in just 16 days. The dramatic accumulation was noted by Rafael Schultze-Kraft, the CTO of crypto analytics firm Glassnode, who noted that only 26,000 BTC have been mined into existence since the start of the year. That means Grayscale has purchased Bitcoin at a rate that is 54% faster than new BTC supply has been created during 2021 so…

Ethereum Holding Key Uptrend Support, Why ETH Could Rally To $1,400

January 29, 2021 boss

Ethereum gained pace above the $1,300 level against the US Dollar, but it struggled near $1,375. ETH price is approaching a major support and it is likely to bounce back above $1,350. Ethereum faced a strong selling interest near $1,375 and corrected lower. The price is approaching the $1,300 support zone and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,305 on the hourly chart of ETH/USD (data feed via Kraken). The pair could test $1,292 before it starts a fresh…