The crypto and legacy markets could see a spike in volatility in a few hours. Jeremy Siegel, the Wharton School of Business Professor, told CNBC’s ‘Closing Bell: Overtime’ that “it will be a disaster” if…
Crypto Long & Short: GameStop, Dogecoin and a…
It’s hard to do justice to the symbolism and significance of the Reddit-Robinhood-GameStop drama of this past week. That’s not to say it hasn’t been overblown in some quarters. I’ve heard it compared to the…
Bitcoin Bears Erase the “Elon Musk” Candle as…
Bitcoin has witnessed some massive selling pressure throughout the past day that has erased all the gains that came about as a result of the “Elon Musk” pump a few days ago The selling pressure…
Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend…
The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these…
Ripple Formally Responds to SEC Allegations — Claims…
Ripple Labs has officially responded to the complaint by the U.S. Securities and Exchange Commission (SEC). Besides explaining that the XRP cryptocurrency is not a security, Ripple accuses the securities regulator of being out of…
Visa CEO Says Payments Giant Set to Introduce…
Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to…
Is the weakness of Bitcoin after the Elon…
The price of Bitcoin (BTC) is showing overall weakness as it struggles to establish $34,000 as a support level. Overall, BTC appears to be stagnating without signs of a short-term relief rally, leading traders to…
Ethereum Could Outperform Bitcoin, Why ETH Could Rally…
Ethereum remains in a range above the $1,300 support against the US Dollar. ETH price is likely to gain momentum above $1,400 and $1,450 resistance levels in the near term. ETH price traded as high…
XRP price gains 86% after Wall Street Bets’…
XRP price underwent a strong 86% breakout in the early trading hours on Jan. 30 as the fourth-ranked cryptocurrency by market cap became the new coin of focus in the r/Wallstreetbets cryptocurrency-focused off-shoot r/Satoshistreetbets. Data…