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Ripple (XRP)

Another Bruise for Ripple as Grayscale Customers Say Goodbye to XRP Trust

Ripple and XRP are continuing to lose the love they once boasted thanks to the recent lawsuit initiated by the Securities and Exchange Commission (SEC).Ripple Is Losing Out AgainThe financial firm recently filed charges against Ripple on account that the XRP asset it hosts is alleged to be a security rather than a currency by agency heads. Thus, according to the organization, Ripple has not been forthcoming regarding the coin’s status and engaged in an illegal token sale when XRP was first...

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Top 30 Cryptocurrencies Gained 300% on Average in 2020: Report

In its annual report on the developments within the cryptocurrency field, the popular monitoring resource CoinGecko asserted that the top 30 coins by market cap added on average 300% in 2020. Moreover, the paper noted that the most widely-used stablecoins had neared $30 billion in circulation after a 440% surge.2020: Best Price PerformersCoinGecko’s report noted that the market caps of the top 30 cryptocurrency assets grew by $552 billion (308%) in 2020. Thus, last year’s results have...

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Bitcoin Tumbled $3500 In 24 Hours: Altcoins On The Rise As BTC Dominance Drops To 66%

Bitcoin’s bloody weekend continued with substantial price declines as the primary cryptocurrency dipped beneath $35,000, for the second time in 3 days. In contrast, remarkable gains for Cardano (ADA) and another all-time high for Polkadot have sent BTC’s dominance over the market to about 66%.Bitcoin Loses More Than $3K In 24HJust a few days after the Monday crash, in which BTC bottomed slightly above $30K, the cryptocurrency managed to recover most losses and even tried its hand at $40,000...

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Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020

Grayscale Investment has done it again with another record-breaking quarter. In its Q4 2020 report, the leading digital asset manager informed that institutional investors had allocated over $3 billion into its product, with Bitcoin accounting for the most significant part.$3.3B Invested In Grayscale In Q4 2020Despite the challenges that 2020 brought to the financial markets, or perhaps because of them, Grayscale marked its best year to date with massive allocations, primarily from...

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Kraken Halts XRP Trading For US Users Following The SEC Charges

The San Francisco-based veteran crypto exchange Kraken is the latest platform announcing plans to halt Ripple (XRP) trading starting at the end of January. The decision will affect only US-based citizens, while all services will remain operating as intended for customers located outside of the country.Starting on January 29th at 5 pm PT (or January 30th at 1:00 UTC), Kraken will suspend XRP trading for users based in the United States. The near 10-year-old exchange said that residents need to...

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Market Watch: Polkadot (DOT) Replaced Ripple on The Top 4, Chainlink (LINK) New All-Time High

Following an unsuccessful attempt to overcome the $40,000 price tag over the past two days, BTC headed south once again to an intraday low of about $34,500. Simultaneously, while most alternative coins were in the red, the two large-caps – Chainlink and Polkadot – have both exploded to new all-time highs.Bitcoin Dips To $34.5K But Quickly RecoversThe primary cryptocurrency managed to recover the losses following a “Black Monday” style crash that drove it back to the $30K price area in a...

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Crypto Price Analysis & Overview January 15th: Bitcoin, Ethereum, Ripple, Polkadot, and Cardano

This week has been particularly volatile. Bitcoin went on a massive correction, jumped back to $40K, and dropped again just a few hours ago. The majority of the altcoins followed. Polkadot (DOT), however, went on an impressive rally as can be seen in the below ROI chart for the coins we’ve selected this week.BitcoinBitcoin is down by a concerning 13.8% over the past week as it currently trades beneath $36,000. The downturn for Bitcoin started on Monday when it dropped by a steep 25% to reach...

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Polkadot Jumped Over 24% in 24 Hours, DOT Overtook XRP on CoinGecko by Market Cap

The rally on Polkadot has been significantly affected by both accumulated fundamentals and emerging market factors.Open-source sharding multi-chain protocol Polkadot (DOT) experienced a dramatic increase in its blockchain activity in the past 24-hours. Notably, DOT tokens jumped over 24% in 24 hours according to figures provided by CoinGecko. However, the asset was trading around $13.65 (+12%) at the time of writing with a market valuation of approximately $12.345 billion and a daily trading...

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Bitcoin Stalls Below $39K As Polkadot Surges to $15 And Becomes 4th Largest Crypto (Market Watch)

Bitcoin has failed to break above $40,000 again and has stalled beneath $39,000. The altcoin situation is significantly more volatile, with Ethereum jumping north of $1,200 and Polkadot surpassing XRP as the fourth-largest crypto following a 30% surge.ETH Above $1,200, DOT Takes The 4th SpotThe alternative coins demonstrated high volatility levels in the past week, with massive drops during the Black Monday crash and rapid recovery sessions in the days that followed.Most large-cap ones have...

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Litecoin (LTC) Price Analysis: Bulls Eye Crucial Upside Break

Litecoin price started a fresh increase after testing the $110 zone against the US Dollar.LTC price is back above $140, but it is still below the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $150 resistance zone in the near term.Litecoin price is showing positive signs above $140 and $142 against the US...

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