Month: February 2021

XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours: Token Next Pump Target for Satoshistreetbets Traders

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In a surge reminiscent of dogecoin’s recent rally, the value of the XRP token soared by more than 100% in just 48 hours. After starting the day at $0.29 on January 30, data shows that the token peaking at just above $0.67. At the time of writing, XRP is trading at around $0.66   As … Read more

CEX.IO LOAN Experiences Massive Institutional Demand With Over $100 Million of Loan Requests

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PRESS RELEASE. Crypto-backed lending service CEX.IO LOAN that launched in October 2020 in select global jurisdictions, has been experiencing major demand, receiving over $100 million worth of loan requests to date. While the service has been widely popular among retail investors, most of the platform’s loan requests came from institutional investors. According to CEX.IO LOAN, … Read more

NFL Player Gets a Myriad of Celebrities to Add the Bitcoin Hashtag to Their Twitter Profiles

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Following the day the Tesla founder, Elon Musk, added the Bitcoin hashtag to his Twitter profile, the popular Carolina Panthers offensive tackle, Russell Okung told his social media followers to put the Bitcoin hashtag in their bio. Okung has managed to get hundreds of people to do it, but more recently the NFL player started … Read more

UBS: Crypto Has Fundamental Flaw, Bitcoin’s Fixed Supply Could Cause Its Value to Collapse

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A chief economist at UBS, the largest bank in Switzerland, says cryptocurrency has a fundamental flaw. Bitcoin’s fixed supply could cause the collapse of its value and spending power, making it unattractive to use as a currency, he claims. A UBS Chief Economist Says Bitcoin’s Fixed Supply Is a ‘Fundamental Flaw’ Paul Donovan, Chief Economist … Read more