Ripple (XRP)

The San-Francisco-based blockchain company Ripple may still have more issues to deal with, as one of its lead investors involved in the company’s Series C funding has filed a lawsuit following the U.S. SEC’s allegations.Ripple Gets Hit From the InsideAccording to Bloomberg, on Tuesday (Jan. 5, 2021), Tetragon Financial Group, an investment company based in the UK fled a complaint against Ripple on Monday in Delaware Chancery Court. Part of the lawsuit is looking to “enforce its contractual...

Grayscale Investments has removed XRP from its diversified public crypto fund  — Grayscale Digital Large Cap Fund (DLC). The move could be yet another fallout from the current enforcement action by the U.S. Securities and Exchange Commission (SEC) against Ripple.Grayscale Nixes XRP, Reallocates Liquidated PositionAccording to an announcement, Grayscale revealed that it removed XRP from its Digital Large Cap Fund (GDLC). Following the liquidation of the XRP holdings in the fund, the funds were...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1047. Im heutigen Video geht’s um folgende Themen: XRP-Investor startet Sammelklage gegen Coinbase, US-Banken können Stablecoins zur Zahlungsabwicklung nutzen, Binance Trading Rekord. 1.) XRP-Investor startet Sammelklage gegen Coinbasehttps://www.btc-echo.de/xrp-investor-startet-sammelklage-gegen-coinbase/ 2.) US-Banken können Stablecoins zur Zahlungsabwicklung...

The petitioners accused the SEC of causing remarkable damage to their XRP coin holdings which has tanked in value since it filed the lawsuit.A small team of XRP cryptocurrency investors has filed a petition with the Rhode Island District Court in a move that appears to be targeted at protecting their investments and not necessarily in favor of Ripple. According to a report by The Block, the XRP investors and petitioners named John Deaton, Jordan Deaton, James Lamonte, Tyler Lamonte, Mitchell...

XRP/USD – Bulls Defending $0.22 Support So Far In JanuaryKey Support Levels: $0.22, $0.2, $0.171.Key Resistance Levels: $0.25, $0.285, $0.3..After a disastrous end to 2020, in which XRP tanked by a severe 75%, following the SEC lawsuit, the coin attempts to establish a strong support base at $0.22 (November 2020 lows). So far, it has closed each daily candle above this level in January.The cryptocurrency did spike beneath $0.2 on three occasions this month, but the bulls regrouped to bring...

Ripple price declined heavily and recently started consolidating above $0.200 against the US dollar.The price is now facing hurdles near $0.2500 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.2500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong increase if it clears the $0.2500 and $0.2650 resistance levels.Ripple price is showing bullish signs above $0.2200 against the US...

Bitcoin celebrates its 12th birthday by breaking down another milestone at $34,000 and yet another all-time high of $34,800. As some alternative coins have followed BTC’s move upwards, including ETH surpassing the $800 level, the total market cap has also reached a new record.Bitcoin’s Latest ATH Eyes $35KIf the ending of 2020 seemed impressive with several consecutive all-time highs, bitcoin’s new year so far is kicking it out of the park. The primary cryptocurrency has broken down barriers...

Following news that the Securities and Exchange Commission (SEC) is looking to sue Ripple for selling unregistered securities, crypto exchanges such as Coinbase in the United States have announced that they will soon drop XRP from their lists of offered digital assets and halt trading beginning early 2021.Coinbase Says “No” To RippleCoinbase has stated that all XRP trades will be suspended as of January 19 of this year. The good news is that customers of the exchange will not lose access to...

Things are not looking great for Ripple and its XRP cryptocurrency. In a day where the total market cap managed to add a whopping $60 billion as bitcoin charts a staggering 11% increase, XRP is down 5% in the past 24 hours.In what looks like an interesting development, a group of supporters is trying to force the hand of White House on the allegations made by the Securities and Exchange Commission.XRP Supporters File a Petition to the White HouseAn interesting petition titled We the People...

After a brief dip beneath $29K, BTC surged another leg to a fresh all-time high and came just a step away from the coveted $30,000 price tag. Most alternative coins have failed to follow bitcoin’s moves, and BTC’s dominance over the market has increased to 71%.Bitcoin records an unbelievable ROI of approximately 700% since the 2020 low recorded on the 13 of March – the Black Thursday. On that date, Bitcoin plunged to $3650 on BitMEX. However, since then, the primary cryptocurrency sees only...