Is the price of bitcoin propped up again? Can one achieve financial independence through bitcoin? 65 percent of institutional investors believe bitcoin could hit $100,000.

Ripple has purchased $8.4 billion in XRP from secondary markets since its lawsuit with the Securities and Exchange Commission (SEC) began in December 2020. Craig Wright, who claims to be Satoshi Nakamoto, creator of bitcoin, calls XRP fans a “cultist army.” Why does anyone listen to this quack? Regarding Ripple’s purchasing of XRP, the fact that this actually benefits the price of XRP will not bode well for their case in the SEC-Ripple lawsuit, but it’s only one factor in the case. There are other factors to be considered in whether XRP is a security.

cryptocracy.substack.com/p/its-a-sad-day-for-crypto