(Bitfinex Prices) On the left Side of the Chart you can see my former Analysis from the 13th January. What are my takeaways from the last 2.5 Weeks: 1. I didn't expect the down move on January 13 - just Minutes after I published my Idea. But we moved back into the channel 22h later. 2. I expected the Up-move to happen earlier. Instead of 14/15 January the...
Amid another harsh cryptocurrency sell-off today, Bitcoin (BTC) is down roughly 20.02% month-to-date while Ripple (XRP) is up 5.48% month-to-date. After XRP flipped Ethereum (ETH) last week to become the second-largest cryptocurrency by market capitalization, speculation is beginning to build surrounding whether or not it will do the same to BTC in...
We all know that banks aren't going to buy into complete currency decentralization, so that is why XRP and other more centralized coins will gain momentum because they will essentially become the stop gap solution between what we have now and what consumers actually want. Bitcoin was the disruptor showing that money will flow away from current financial...