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Latest Crypto News Items

Will a Bitcoin ETF approval be a game changer for BTC price?

Some financial experts believe that the price of cryptocurrencies is solely driven by investors’ speculation, and in the past few years detractors have suggested that fixed income instruments like treasury bills have no relation to do with digital assets. This point of view is fairly accurate because, at this time, most investors from the asset class are not allowed to invest in Bitcoin (BTC) and altcoins.

It’s very possible that a Bitcoin EFT (Exchange Traded Fund) approval may happen soon, it could open the door for more conservative investors and have and irreversible impact on BTC price. My thoughts are that it could happen sooner rather than later.

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SEC Vs Ripple Lawsuit on the 31st August 2021

What will happen to the price of XRP?

The next 2 weeks, there will be a lot happening with the ongoing SEC v Ripple lawsuit. On the 31st August there will be a Telephone conference hearing at 12.00 EST, also on this date is the “Discovery Deadline” is reached. The month of August this will be the most important feature happening this month.  It is almost certain that Ripple will win the case over the SEC by a country mile.  

The price of XRP could rise depending on the outcome and decisions being made in the Lawsuit case, but it will need to be a BIG win for Ripple for the price of XRP to rise substantially.

If you are a Crypto enthusiast it’s defiantly make sense to get some XRP and HODL for the Future.

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Latest Crypto News Items

September 2021 Bitcoin Price

I think we could see some fireworks in the next few weeks, could the price rise over US$ 50,000, and onward towards $75k before Christmas?