Month: December 2020

Bitcoin Pricing: What Determines Price of Bitcoin?

Factors Impacting Bitcoin Pricing Pricing Bitcoin is more tricky than traditional financial instruments like equities (stocks) and debt (bonds). Bitcoin is a decentralized digital asset independent of any government or company. Traditional rules of fiscal and monetary policy from the federal reserve, U.S. government don’t apply to Bitcoin Pricing. Because Bitcoin operates independently there are …

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SEC Sues Ripple over Selling XRP Crypto: $1.3 Billion Dollar Securities Fraud

SEC Sues Ripple over Selling XRP Crypto: $1.3 Billion Dollar Securities Fraud On Tuesday The US Securities and Exchange Commission filed a lawsuit against cryptocurrency platform Ripple, its CEO, and its chairman, for orchestrating securities fraud worth $1.3 billion. According to the complaint, Ripple; Christian Larsen, the company’s co-founder, executive chairman of its board, and former CEO; and Bradley …

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BTCGain2yr

Bitcoin Passes $23,000 Price

Bitcoin surpassed $23,000 for the first time, another milestone in a bullish rally for the reserve currency of digital assets. Bitcoin, the largest cryptocurrency has continued to surge much of this year as it now surges past the $23,000 level. Bitcoin has almost tripled this year, with the rally continuing to gain momentum and accelerating …

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institutionalbuying

Institutional Buyers Invest in Bitcoin

Large institutions are now with increasing frequency stepping into the cryptocurrency market. Just today MassMutual has bought 100 million dollars worth of Bitcoin. This is one of several examples of traditional institutional buying of Bitcoins. We’re seeing an evolution of Bitcoin going from a fringe community to being widely adopted by mainstream organizationans. These numbers are …

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cryptocurrency

How Does Crypto Affect Your Credit Score?

How Does Crypto Affect Your Credit Score? Cryptocurrencies have been gaining a lot of traction in recent years, thanks to their ability to allow people to conduct financial transactions online without dealing with interference from financial institutions. In fact, a Statista global consumer survey reveals that these digital assets are becoming widespread all over the …

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