Analysis

Ripple’s XRP Struggles After Explosive Price Rally; And Bigger Losses Are Likely

Ripple blockchain’s native asset XRP showed signs of a weakening bullish momentum as traders’ reassessed their risks in the altcoin market. The third-largest cryptocurrency by market capitalization plunged by 4.24 percent on Tuesday. The losses came as a correction to an explosive price rally registered earlier this week, wherein the XRP-to-dollar exchange rate swelled by […]

Analysis

Bitcoin Closed Q4 in Losses; Two Major Catalysts For a Rally in Q1/2020

Bitcoin closed 2019’s final fiscal quarter in losses. The benchmark cryptocurrency is down by circa 21.5 percent on a quarter-to-date basis. The move downhill has extended its half-yearly losses to 33.35 percent. Bitcoin in a deep downtrend since July 2019 | Source: TradingView.com Nevertheless, exponential gains during the first two quarters have kept bitcoin inside […]