XRP Price Suppression? Analyst Points To Big Banks And Private Equity Players

Reports are circulating that big financial players may be quietly buying XRP while the price sits near $2.18. If true, that could help explain why XRP hasn’t pushed past $3 even as trader interest grows. Some observers point to shrinking exchange wallets and limited disclosures as hints that accumulation is happening off-exchange. Related Reading: Upbit’s […]

China’s Central Bank Reaffirms Ban On Digital Assets – Details

The People’s Bank of China (PBOC) has reaffirmed its commitment against cryptocurrency trading after confirming a resurgence in market speculation. The Chinese apex bank is nudging several government institutions to strengthen their crackdown on business and financial activities involving virtual currencies and curb related illegal operations. Related Reading: Bitcoin Mining Back In China Despite Ban: […]

Bitcoin Spot ETFs Break 4-Week Negative Streak With $70M Weekly Net Inflows

The US Bitcoin Spot ETFs have produced a positive turnaround following four prior weeks of consistent outflows. In line with Bitcoin’s price recovery, these investment funds also ended a bleeding month of losses on a moderately positive note. Related Reading: Bitcoin SOPR Reveals Massive Profit-Taking By Long-Term Holders — Is BTC In Trouble? Bitcoin Spot […]

Buying Bitcoin Gets An Upgrade As Apple Pay Joins The Crypto Wave

The pathway to acquiring Bitcoin and other cryptocurrencies has often been perceived as complex, involving multiple steps. However, a monumental shift is now underway as Apple Pay has integrated into leading crypto platforms, and getting a major upgrade is becoming as seamless and intuitive as any other digital transaction. This integration removes one of the […]