Ripple News Update
A stunning new Bloomberg report is making the rounds on Monday morning, arguing that “Bitcoin is losing fans” on Wall Street. However, I think they buried the lede. About halfway through the report, the authors mention that XRP bulls outnumber bears 18-to-1.
Of course, Bloomberg only interviewed one company for the report: the London-based contracts-for-difference firm IG Group Holdings plc (LON:IGG). (Source: “Investors Increasingly Willing to Spread Bet Against Bitcoin,” Bloomberg, February 8, 2018.)
The post Ripple Price Prediction: Short Sellers Favor Bitcoin Over XRP appeared first on Profit Confidential.
Written by Gaurav S. Iyer, IFC @ https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-short-sellers-favor-bitcoin-ripple/ February 13, 2018 Gaurav S. Iyer, IFC