Ripple Co-Founder Jed McCaleb Sells 28.6 Million XRP After 25-Day Pause
- Francisco Memoria
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- 19 Jan 2021
Jed McCaleb, a co-founder of Ripple Labs, has sold 28.6 million XRP tokens, worth over $8.78 million at press time, after pausing his sales for 25 days. McCaleb, it’s worth noting, sells the funds he was awarded for co-founding the firm. McCaleb is said to have started working on Ripple back in 2011, and was […]
Bitcoin’s Volatility Helped Ethereum Hit a New All-Time High: Report
- Francisco Memoria
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- 19 Jan 2021
The price of Ethereum’s ether has hit a new all-time high above $1,430, partly thanks to the recent volatility seen in bitcoin’s price, which moved from $11,000 to a new high near $42,000, before plunging to $30,500 and recovering to $37,000. The flagship cryptocurrency’s growing volatility, which according to CryptoCompare’s Bitcoin Volatility Index (BVIN) is […]
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Strategist Van de Poppe Gives Bitcoin Price Outlook for 2021, Predicts Market Top Years Away
- Michael Lavere
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- 4 Jan 2021
Veteran crypto trader Michaël van de Poppe says bitcoin’s price top is still years away, predicting the asset could reach $200 – $300k from the current cycle in 2022.
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Guggenheim CIO Reveals His Firm Has ALREADY Bought Bitcoin for Some Private Funds
- Siamak Masnavi
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- 19 Jan 2021
In a recent interview with Bloomberg TV, Scott Minerd, Global Chief Investment Officer of Guggenheim Partners, “a global investment and advisory firm with more than $295 billion in assets under management,” made some important comments regarding his firm’s current position with respect to Bitcoin. Some Background Guggenheim Investments is “the global asset management and investment advisory division of […]