Ethereum 

How Could Bitcoin Halving Could Affect BTC Price in the Near-Term?

Bitcoin (BTC) is trading below the $8,000 level just two months before its anticipated halving in May. However, over the past few weeks, markets have been crashing because of the coronavirus outbreak and investors have been cashing out on their digital assets, including Bitcoin. Will this impact the effect of the halving? Upcoming Halving Might Impact BTC Price Negatively Based on the current market outlook, there is a possibility that the May 2020 halving might have a negative effect on BTC price. In the 2012 and 2016 halving events, BTC…

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Ethereum 

How Could a Potential Ripple IPO Affect XRP’s Price This Year?

Over the past year or so, XRP is probably one of the few major cryptocurrencies that have not enjoyed any meaningful gains, and much of the blame has been laid at the door of the fintech firm Ripple. The San Francisco-based company owns the highest number of XRP tokens. Uncertainty in the Crypto Market Currently, the uncertainty in the crypto market has beaten down the XRP price further. However, it is the possibility of an initial public offering from Ripple that has given rise to a fresh debate among analysts.…

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Blockchain 

How Will a Higher Bitcoin Dominance Index Affect BTC Price?

Bitcoin (BTC) had an excellent run in the first half of 2019 and looked like it could regain the highs that it had reached back in 2017. However, the month of July proved to be a reality check as the price of the token oscillated around $10,000. August started off in much better fashion as many investors got into Bitcoin as a form of hedge against the global economic uncertainties. Key Analysis That being said, the cryptocurrency has not been able to regain the momentum that it had displayed in…

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