XRP climbs 3% past $1.47 as breakout extends on broad bitcoin-led move
Volume jumped more than 250% during the move, with traders watching whether former resistance now turns into support.
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Volume jumped more than 250% during the move, with traders watching whether former resistance now turns into support.
Majors posted broad gains on Monday as oil eased from highs, two tankers sailed through the Strait of Hormuz for the first time since the war began, and Trump said the U.S. was talking to Iran.
Bitcoin’s convincing move above its key average indicates a strengthening of the bullish momentum.
The institutional crypto lender filed for bankruptcy after suspending withdrawals, incurring about $75 million in losses and facing a lawsuit alleging misuse of customer funds.
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The SEC and CFTC signed a memorandum of understanding to do a better job providing a combined regulatory approach to the digital asset sector.
Nikolic challenges a recent CoinDesk op-ed, declaring “crypto’s rock ‘n’ roll era is over,” and argues that it’s the best shift for the industry’s builders.
22 Sociologist Nigel Dodd argues that the essence of the bitcoin ideology is to remove money from social, as well as governmental, control. These philosophical ideas initially attracted libertarians and anarchists. According to The Economist in 2014, bitcoin functions best as a medium of exchange. The Economist describes bitcoin as “a techno-anarchist project to create an online version of cash, […]
Bitcoin is outperforming equities and gold since the Middle East conflict began, as institutional inflows return while broader market sentiment remains cautious.
The race for the “everything exchange” makes Wall Street operators and crypto exchanges rivals and partners at the same time.