BITCOIN – BTC/GBP

The Bitcoin Price GBP dropped to £31,005 on February 28 as we had anticipated in our previous analysis. The rebound off the strong support has also been according to our expectation. The bulls will now try to push the price above £36,759.61. Read more

ETHEREUM – ETH/GBP

The Ethereum price GBP dropped to £932.54 on February 28, very close to our expected level of £900, as mentioned in the previous analysis. The long tail on the day’s candlestick suggests traders bought the dip aggressively. Read more

RIPPLE – XRP/GBP

XRP price GBP dropped to £0.252, just below the £0.27916 support as suggested in our previous analysis.  The price has since then been trading between both the moving averages that have flattened out. The RSI just below the 50 level also does not suggest an advantage either to the bulls or the bears. Read more

LITECOIN – LTC/GBP

Litecoin price GBP rallied to £176.37 on February 20, just below our target objective at £179 as mentioned in the previous analysis. This technical level seems to have attracted profit-booking from traders as the Litecoin price GBP plunged to an intraday low at £127.22 on February 22. Read more

BINANCE – BNB/GBP

BNB Price GBP in our last weeks assumption turned out to be correct as the altcoin dropped to the 20-day EMA on February 28 as we had highlighted in the previous analysis. Both moving averages are sloping up and the RSI is above 61, which suggests that bulls are in control.  Read more

Grayscale Investments, the world’s largest asset manager with more than $39 billion in assets under management (AUM), has announced that it is considering several new digital assets for potential new product offerings. Read more

FD7 Ventures, a Dubai-based crypto investment fund with $1 billion under management, has announced plans to sell off $750 million worth of their Bitcoin holdings in the next month. The proceeds from the sell-off will be used to purchase Cardano and Polkadot, as the fund’s managing director says he believes ADA, DOT, and ETH will be the foundation of Web 3.0. Read more

Jack Dorsey is taking a page out of Bitcoin bull Michael Saylor’s book and raising $1.25 billion by offering convertible senior notes.
The notes will be due in 2026, with initial purchases having a 13-day option to buy up to an additional $187.5 million to cover any over-allotments if any. They will be convertible into cash, Twitter common stock, or a combination at Twitter’s election. Read more

COVID-19 changed everything, even the way people view crypto. Now, one out of four Latin Americans wants to pay with digital assets.

Many Latin American users expect to use cryptocurrency for payments.Cryptocurrency is increasingly popular in South American countries. Latin Americans want cryptocurrencies, and not just as hedges for inflation or savings. They want to be able to spend them, too. Read more

A Cryptocurrency Trading Platform that stands out offering unique but insightful solutions for traders and investors is explored in today’s article. Times have evolved now that everyone can access financial services rather than a few privileged ones. It has prompted companies like QoinIQ to create an efficient and powerful crypto trading platform that allows all the traders, investors, and financial actors to benefit from the opportunities available in the current crypto-economy/network. Read more

This article will highlight the current debate over Bitcoin VS Gold for investors and traders. Bitcoin undoubtedly is an excellent investment option today. But it is always best to compare the crypto with a time-proven investment such as Gold. Both Bitcoin and Gold offer many benefits to investors, notwithstanding the fact gold continues to remain the foundation of money as we know it today. Read more