Ripple (XRP)

Following another drop to $52,500, bitcoin reacted positively and regained $2,000 of value in the following hours. However, the asset continues to be outperformed by most alternative coins, and its dominance is down to 48%. Ethereum reached yet another ATH yesterday, while BNB spiked well above $600. ETH’s Latest ATH; XRP Surged 15% Most alternative coins have been on a roll lately, with Ethereum leading the pack. After dipping below $2,000 a few weeks back, the...

Ripple currently has a lot on the table so the date for the IPO may depend on how soon the lawsuit with the SEC is settled.Ripple is currently in a legal battle with the US Securities and Exchange Commission (SEC) over issuing unregistered securities. While people think Ripple has been discouraged for any future developments, the company plans on going public after the lawsuit. This was disclosed by Yoshitaka Kitao, the CEO of SBI Holdings Inc (TYO: 8473), a Japanese financial...

Should Ripple prevail in its ongoing legal battle against the SEC, the payment processor will join the trend of crypto-related companies going public, said the CEO of SBI Group – one of the largest shareholders in the firm.   During an earnings presentation call, SBI Group’s CEO, Yoshitaka Kitao, spoke about the relationship between the entity he runs and the blockchain-based payment processor – Ripple.  As previously reported, Ripple has legal troubles in the US as the...

XRP/USD – Bulls Battles With Bearish .5 Fib Resistance Key Support Levels: $1.30, $1.25, $1.10.Key Resistance Levels: $1.42, $1.50, $1.55. XRP is up by a solid 8% this week as it starts to recover from the downtrend seen over the previous fortnight. The cryptocurrency found support at $1.00 on Monday and started to surge higher from there, spiking to $1.50 on Tuesday. Over the past couple of days, XRP struggled to close a daily candle above resistance at $1.42. This is...

Schweizer Finanzintermediär Crypto Finance Gruppe kommt als institutioneller Teilnehmer ins Ökosystem für digitale Assets der Gruppe Börse Stuttgart Die Crypto Finance Gruppe hat sich über ihre Handelstochter, die Crypto Broker AG, als weiterer institutioneller Teilnehmer an die Börse Stuttgart Digital Exchange (BSDEX) angebunden. An Deutschlands erstem regulierten Handelsplatz für digitale Assets stellt die Crypto Broker AG als...

Litecoin price is showing positive above the $210 support level against the US Dollar. LTC price is now trading well above the $240 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above $265. Litecoin price is showing bullish signs above $240 against the US Dollar,...

The altcoins including Ethereum (ETH), XRP and Binance coin (BNB) have also seen gains this week, contributing to the crypto market rebound.Bitcoin (BTC) price is up by 10%, leading a crypto market rebound, after suffering a drastic fall last week. The biggest cryptocurrency lost 18.3% of its value last week, fell to a seven-week low of $47,079, its biggest fall since mid-March this year. Before last week’s price drop, Bitcoin was steadily embarking on a bun run, reaching an all-time high of...

[Press Release – New York, USA, 27th April, 2021] BENQI, an algorithmic liquidity protocol on Avalanche is proud to announce the raising of $6 million in funding from external investors and advisors. Thanks to this funding round, the lending and borrowing protocol on Avalanche will continue developing its services and features. The BENQI team successfully completed a $6 million funding round from various external investors and advisors, led by Ascensive. Participants include...

Ripple price declined heavily from well above the $1.800 level against the US dollar. The price is now trading below the $1.20 support and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.155 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.155 and $1.160. Ripple price is attempting a recovery from $0.885 against the US...

The bears continue to rule over the crypto markets. Most alternative coins have lost substantial chunks of value in the past 24 hours, with ETH below $2,200 and BNB beneath $500. Bitcoin’s brief spike above $50,000 was also unsuccessful, and the asset trades south of that coveted level. Red Dominates the Altcoins Aside from several brief recovery attempts, the altcoin market has suffered in the past few days. Ethereum went on to register a new all-time on Thursday at $2,650...