Ripple (XRP)

Another highly volatile trading day for bitcoin as the asset briefly dipped to $55,000 and a few hours later came about 2% away from the ATH at $58,400. Most larger-cap altcoins also went through the turbulence but have calmed on a 24-hour scale, with Ethereum failing to reconquer $1,800.Update: shortly after we released this market recap, Bitcoin broke its ATH from February 21, surpassing $58,500.Bitcoin’s 24H Ups and DownsAs reported yesterday, bitcoin was on a roll as it came just 0.43%...

This week was quite exciting in the cryptocurrency market as a lot of the major coins managed to recover. Unfortunately, this wasn’t the case for all of them, so let’s have a look at some of the most interesting performers throughout the past seven days.BitcoinBitcoin is up by a powerful 15.8% over the past week as the cryptocurrency edges near the ATH price again. It started the week by rebounding from support at $47,200 (.382 Fib) and began to push higher over the weekend.The coin broke...

More developments on the Ripple vs. the SEC legal front as the Commission has requested personal financial information of the company’s CEO, Brad Garlinghouse, and co-founder Christian Larsen.Simultaneously, the Japanese financial giant SBI Group has doubled-down on its support for Ripple by offering to pay its shareholders dividends in XRP.The SEC Seeks Personal Info on Ripple ExecsThe impending case between the US Securities and Exchange Commission and the blockchain payment processor...

Both Ripple Labs execs have filed to squash SEC subpoenas to six banks that they provide personal financial information as part of the lawsuit.Ripple Labs Chief Executive Officer Brad Garlinghouse and Executive Chairman Chris Larsen are currently in a row with the US Securities and Exchange Commission (SEC). The Ripple Labs executives are refusing a demand from the SEC to obtain their personal financial information. The SEC is investigating Ripple Labs and has claimed that the company...

Bitcoin came even closer to reaching a new all-time high a few hours ago but failed, and the subsequent rejection drove the asset below $57,000. Most alternative coins have remained relatively calm on a 24-hour scale despite some severe volatility experienced in the past few days.Bitcoin Came 0.43% Away from a Fresh ATHIt seems that last week’s price drops in which bitcoin dipped to $43,000 are long gone for the cryptocurrency. This week the asset has been on an impressive run that overcame...

Litecoin price is recovering and it is now well above the $185 level against the US Dollar. LTC price is now testing the $205 resistance and it is well above the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $208 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to clear the $210 resistance and start a strong increase in the near term. Litecoin price is consolidating above $185 and...

Garlinghouse announced that Ripple and Youtube have settled and would be working hand in hand “to prevent, detect and take down these scams”.Ripple has been able to successfully see the end of one of the many lawsuits it is in as its CEO Brad Garlinghouse has announced that the crypto company has settled its case with YouTube. The San Francisco-based company had filed a lawsuit against the video-sharing platform over allowing scammers to upload clips of Garlinghouse to promote various crypto...

Nearly a year after filing a lawsuit against YouTube for failing to prevent XRP giveaway scams, Ripple Labs has settled the issue without disclosing any further details.In the other ongoing Ripple-related lawsuit, the SEC has asked Judge Analisa Torres to deny the payment processor’s motions to dismiss.Ripple Settles with YouTubeCryptoPotato reported last year in April that the blockchain-based payment protocol undertook legal actions against the largest video-sharing platform – YouTube....

Bitcoin has managed to hit a high at nearly $56,000 today but has since retraced a bit and it now hovers above $54,000. However, BTC’s dominance suffers as some altcoins, including Binance Coin, have surged in the past 24 hours, and the metric is just slightly above 60%.Bitcoin’s Stays Above $54KEver since the primary cryptocurrency dipped to $47,000 on March 6th, the bulls took control and pushed the asset north. In the following days, BTC firstly reclaimed the coveted $50,000 before heading...

XRP/USD – Bullish attempt to surpass $0.5 continues.Key Support Levels: $0.45, $0.41, $0.4.Key Resistance Levels: $0.5, $0.556, $0.6.XRP is currently trading inside a falling wedge pattern as it attempts to break the upper boundary. The coin had dropped lower from $0.56 in the last days of February as it collapsed into the support near $0.4 (the 100-day EMA line).It then rebounded from $0.4 at the beginning of this month and has since found solid support at $0.45 (.5 Fib) over the past six...