As the sentiment in the Bitcoin and cryptocurrency markets has turned positive, this dip should be viewed as a buying opportunity. The recovery in cryptocurrency prices has ignited interest among institutional investors. In 2019, dedicated crypto funds returned more than 16% according to Eurekahedge while traditional hedge fund strategies returned 10.4% according to Hedge Fund…
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26% returns for XRP investors in January fall decidedly short compared to Bitcoin and altcoins such as Litecoin, as planned token release continues. XRP price growth remains lackluster as February begins, despite blockchain payment network Ripple releasing 500 million tokens from its escrow. Data from the XRP blockchain noted by monitoring resource Whale Alert on…
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Ripple’s Xpring developer platform launches DevRel as an avenue for interaction with developers. Ripple’s Xpring will launch a community web page and forum referred to as “developer relations,” or DevRel, for its developer platform. Most of Xpring’s employees work on the engineering and product side of the table, explained a Feb. 1 blog post on…
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The bears are attempting to stall the current rally but bulls are likely to defend the closest support levels, suggesting each dip represents a buying opportunity. Morgan Creek Capital CEO Mark Yusko believes that Bitcoin should be a part of every investment portfolio. The performance analysis of the past five years shows that even portfolios…
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As regulatory concerns over XRP have been intensifying, some celebrities stepped in to voice more FUD about the coin. As regulatory concerns over XRP — the world’s third-biggest crypto asset — have intensified, some celebrities are stepping in to voice more FUD about the coin. Ben Askren, former UFC fighter and known Bitcoin (BTC) bull,…
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Bitcoin and a few other altcoins have broken above their 200-day SMA, which indicates the possibility of the start of a new uptrend. Japanese consulting firm Nomura Research Institute, which is an affiliate of financial services giant Nomura Holdings, has launched a tradable cryptocurrency index in partnership with cryptocurrency investment solution provider Intelligence Unit. The…
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Most major cryptocurrencies have risen sharply from their recent lows which shows that bulls are building positions on every dip. Investors are rushing into various safe haven assets as the coronavirus death toll in China rises and the virus spreads in various Asian countries, the US, parts of Europe and Australia. Usually, the initial reaction…
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Two executives at Coinbase and Ripple are leading a drive for smart regulations and transparency in the crypto-sphere, which would drive mainstream adoption. Two executives at Coinbase and Ripple are leading a push for smart regulations and transparency in the crypto-sphere that would arguably drive adoption and take blockchain technology mainstream. Market integrity must improve…
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Plans for going public have excited audiences but fears are already emerging about the possible detrimental effect on XRP in the long term. Blockchain payment network Ripple launching an initial public offering (IPO) could, in fact, devalue the cryptocurrency in which it holds a majority stake. According to several market participants interviewed by Cointelegraph over…
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The bulls have held the immediate support level on most major cryptocurrencies, which is a positive sign. This suggests that the sentiment is to buy the dips. The International Monetary Fund chief economist Gita Gopinath said in a panel discussion at the annual World Economic Forum (WEF) in Davos that Facebook’s Libra was a major…
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