Bitcoin’s price headed south on Friday evening as it popped above $58,000 and has remained there since. The altcoins have also turned green, with XRP, ADA, DOT, BCH, and NEAR leading the pack from the larger caps. BTC Reclaims $58K The primary cryptocurrency had a violent end to the previous business week as it dumped hard on July 5 from over $58,500 to a multi-month low of under $54,000. The bulls intercepted the move during the weekend and drove BTC to $58,500 once again....
Read More »Bitcoin En Route to $60K Recovery, XRP Leads Altcoin Push, Germany Sells Out: This Week’s Market Recap
The cryptocurrency market has gone through a considerable rollercoaster in the past seven days, with the price action being as volatile as it can get. At the time of this writing, the total capitalization settled at around $2.5 trillion, up 3.5% during that period. Bitcoin wasted no time and, on July 7th, pushed above $58K for the first time this week. The bears intercepted the move immediately and, on the following day, pushed it back below $55K, where buyers found a quick...
Read More »Ripple Sells 150M XRP from July Reserves, XRP Price Under Pressure
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Read More »Ripple Price Analysis: After the Plunge Toward $0.4, What’s Next for XRP?
Following an impulsive bearish decline, Ripple has encountered heightened volatility and fluctuations. However, the price is likely to undergo a period of sideways consolidation near the $0.42 region before initiating its next major move. By Shayan The Daily Chart An in-depth analysis of the daily chart reveals that Ripple has been in a downtrend, characterized by a multi-month bearish price channel. Recently, XRP was rejected from the channel’s upper boundary at $0.48,...
Read More »Ripple: Die Zukunft des globalen Zahlungsverkehrs
In der sich ständig weiterentwickelnden Finanzlandschaft zeichnet sich eine Technologie als Vorreiter für Innovation und Effizienz ab: Ripple. Seit seiner Einführung hat Ripple nicht nur die Aufmerksamkeit von Finanzinstituten weltweit auf sich gezogen, sondern auch das Potenzial gezeigt, das traditionelle Bankwesen grundlegend zu verändern. (Ripple rsp. XRP gibt es auf allen grossen Bitcoin-Börsen zu kaufen) Ripple ist weit mehr als nur eine Kryptowährung. Es handelt sich um...
Read More »Can XRP Price Reach $1 in July if the Ripple v SEC Case Ends This Month? (ChatGPT Speculates)
TL;DR ChatGPT is optimistic that XRP’s price could rise significantly if Ripple wins its lawsuit against the SEC. The legal battle continues with discussions on the potential fines the company might face, impacting the timeline and outcome of the case. What are XRP’s Chances? Ripple’s XRP has seen better days since its price dipped substantially in the past few days. However, bulls rely on certain essential factors that could positively impact the asset’s market performance....
Read More »‘Buy Bitcoin (BTC)’ Searches Soar Amid the Recent Crypto Market Crash: Details
TL;DR Bitcoin’s price briefly dropped below $54,000, triggering a market-wide correction, but increased interest in buying BTC suggests some view this as a “buy the dip” opportunity. Metrics like the Relative Strength Index (RSI) and the Fear and Greed Index indicate the asset is oversold and in fear territory, which might be interpreted as a potential signal for a rebound. A Buying Opportunity? Bitcoin (BTC) saw its price plunge by over 5% on July 5, sinking below the...
Read More »XRP Price Drops as SEC Dismisses Ripple’s Arguments
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Read More »Important Ripple v. SEC Lawsuit Update Keeps XRP Price Afloat: Details
The crypto market has broadly retraced its momentary gains since the start of the week on Tuesday, though XRP has managed to retain some bullish momentum. Part of the reason is due to a major court ruling regarding the Securities and Exchange Commission (SEC)’s lawsuit against Binance, which Ripple has now leveraged in its ongoing battle with the regulator. In a letter to Judge Analisa Torres, Ripple’s legal counsel Michael Kellogg argued that the recent Binance ruling...
Read More »Court Dismisses SEC’s Charges Against BNB Token’s Secondary Market Dealings but Allows Multiple Others to Proceed
A US court has permitted several charges brought by the SEC against Binance to proceed, barring BNB’s selling on secondary markets, Binance’s sale of its BUSD stablecoin, and the exchange’s ‘Simple Earn’ program. Judge Amy Berman Jackson dismissed charges against entities selling BNB on secondary markets based on Judge Analisa Torres dismissing the SEC’s case against Ripple. Eleanor Terret, Fox Business reporter, mentioned on X, “You can fully expect @coinbase, @krakenfx and @Consensys...
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