XRP Price Analysis for May 22nd – XRP Has Little Strength For Restoring

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 22nd, the XRP is trying to restore after two days of sales but the impulse is not enough. The cryptocurrency is generally trading at 0.1968 USD. The technical picture of Ripple on D1 has not much changed since last week and is typical of the whole … Read more

Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors

Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox. The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation. “Our payment would be put in escrow and made … Read more

Trump Signs Deregulation Order to Boost US Economic Recovery

U.S. President Donald Trump has signed an executive order to eliminate “unnecessary regulations that impede economic recovery” following the coronavirus crisis. With this deregulation, government agencies are “encouraged to promote economic recovery through non-regulatory actions.” Trump Signs Deregulation Order to Help Economic Recovery Following Coronavirus Crisis At a cabinet meeting on Tuesday, U.S. President Donald … Read more

No Evidence ISIS Is Storing $300 Million in Bitcoin, Says Chainalysis

Blockchain intelligence firm Chainalysis has dismissed claims ISIS is holding a $300 million bitcoin (BTC) war chest. In a “fact-checking” report, published on May 20, 2020, the U.S. company accused the media of sensationalizing allegations about BTC and other cryptocurrencies being used to fund terror groups. Most terrorism financing campaigns have raised less than $10,000 … Read more

Bitcoin Use on Darknet Markets Jumps 65% in First Quarter

Bitcoin transactions on darknet markets jumped 65% in value during the first quarter, according to research by a blockchain analytics firm. The amount of bitcoin sent from darknet entities to mixers also grew rapidly as exchanges with verification requirements became less popular among darknet users. Growing Bitcoin Use on Darknet Markets Crystal Blockchain’s analytics team … Read more

Wild Satoshi Theories: The Curious Case of Bitcoin Block 3654 from 2009

On Wednesday, 50 bitcoin mined on February 9, 2009, was moved from the original address to a new address. The movement of coins caused a great commotion throughout the cryptocurrency community, as some individuals assumed it may have been the mysterious Satoshi Nakamoto. However, skeptics believe that even though the coins stemmed from an address … Read more

Bitcoin Sentiment on Twitter Reaches Its Highest Level in 3 Years, Says Data Firm The Tie

Positive investor sentiment about bitcoin (BTC) on Twitter has reached record levels – its highest in three years – triggered by the cryptocurrency’s supply cut earlier this month, data shows. According to crypto data company The Tie, the 30-day average daily sentiment score is at an all-time high since 2017. The “score” typically measures the … Read more

5000 BTC Giveaway Scam: Chamath Palihapitiya, Elon Musk Not Giving Away Bitcoin

The number of bitcoin giveaway scams has been increasing rapidly amid rising prices cryptocurrencies and deepening economic crisis worldwide. These scams claim that famous people are giving away bitcoin, such as Virgin Galactic Chairman Chamath Palihapitiya, Tesla CEO Elon Musk, and U.S. presidential candidate Michael Bloomberg. Bitcoin Giveaway Scams on the Rise Bitcoin giveaway scams … Read more

Grayscale Buys 33% of All Bitcoin Mined in Last Three Months

Grayscale Investments bought up to 33% of all newly minted bitcoin over the last three months, as the asset manager continues to stockpile major cryptocurrencies. The investment fund added 60,762 BTC to its Bitcoin Trust Fund between February 7 and May 17, a researcher posted on Reddit. That’s the equivalent of 607 BTC acquired by … Read more

Covid-19 Economy Fuels Faith in Crypto: Trust In Bitcoin Over Banks Increased 3X Since 2017

The market research organization, The Tokenist, recently published a report called “Comparing Public Bitcoin Adoption Rates in 2020 vs 2017.” The study’s findings give a comprehensive look at the cryptocurrency ecosystem between 2017 and now. The researchers’ survey shows that since the post-Covid-19 economy is setting in, trust in bitcoin has grown 29% in the … Read more

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