Ripple (XRP)

The SEC seeks to compel Ripple to register XRP as security or pay a fine for selling it as an unregistered security. In an ongoing lawsuit filed by the Securities and Exchange Commission (SEC) against Ripple Labs, Southern District Court of New York Judge Sarah Netburn granted the latter access to documents regarding Bitcoin and Ethereum. However, Netburn denied access to staff-to-staff email communications on the same matter. “I’m going to grant in large part the defendants’ motion,” said...

The cryptocurrency market is on fire. The market capitalization has surged past $2 trillion for the first time in its history. Interestingly enough, this was led mostly by alternative coins, or altcoins, surging in value. Bitcoin, on the other hand, failed to break above $60K on multiple occasions over the past month, giving serious merits to the notion that altcoin season 2021 is brewing. In January this year, CryptoPotato reported that Secrets of Crypto, which is one of the...

XRP hat seine eigene Rallye gestartet. In einem Markt, der sich in der letzten Woche eigentlich beruhigt hatte, konnte XRP kräftig zulegen – fast zwei Drittel Kursplus stehen im Wochenvergleich zu Buche. Damit konnte Ripples Cryptocoin sogar Bitcoin hinter sich lassen. Crypto News: XRP outperformt Bitcoin dank ÜbernahmenachrichtEs wurde zuletzt erwartet, dass die US-Börsenaufsicht (SEC) gegen XRP vorgehen würde. Der Kurs verlor dementsprechend. Allerdings kam es vor wenigen Tagen zu einem...

XRP has reclaimed the position of the fourth largest cryptocurrency after its market capitalization surged to $43,282,760,872.XRP, the digital cryptocurrency closely associated with blockchain payments firm Ripple Labs is seeing trading activities growth and the best of its days in the past year as its price surged to a 52-week high of $0.9773 at the time of writing according to CoinMarketCap. The current trading amount comes after growth of 37.57% in the past 24 hours and a weekly gain of...

Despite the ongoing legal battle with the Securities and Exchange Commission and today’s hearing, Ripple’s native digital asset has exploded in value in the past few days. XRP is more than 70% up in a week, and its price tapped $1 for the first time since mid-2018.  CryptoPotato reported in late 2020 that the SEC has alleged the blockchain-based payment processor of conducting a $1.3 billion unregistered securities offering.  Although Ripple’s executives claimed on numerous...

Ripple’s CEO Brad Galinghouse has clarified his stance on bitcoin, clarifying that he has not argued for a ban against it. Nevertheless, he outlined that one transaction with BTC requires about 75 gallons of oil and noted that the entire crypto space should aim at turning bitcoin mining into a clean energy business. Garlinghouse on BTC’s Carbon Footprint BTC’s rapidly expanding price garnered the attention of the world. While some were quick to praise the assets for its...

XRP/USD – Buyers Push Above March Highs Key Support Levels: $0.659, $0.609, $0.556.Key Resistance Levels: $0.75, $0.773, $0.8. XRP is now up by a total of around 30% over the past week as it pushed higher from $0.55 (2019 highs) to break above $0.6 and reach the current resistance at $0.70. The cryptocurrency was trading inside a bullish wedge pattern during March but managed to close a daily candle toward the upside yesterday. Since breaking above, XRP surged higher to break...

Ripple price started a strong increase above the $0.5000 and $0.5500 resistance levels against the US dollar. The price is now well above $0.5500 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.6000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to surge further above the $0.7000 and $0.7010 resistance levels. Ripple price is trading in a positive zone above the $0.6000...

Another unsuccessful attempt to overcome $60,000 has resulted in a $3,500 price drop for bitcoin. Most altcoins have also followed along south, and the entire market cap has lost more than $60 billion in a day. Bitcoin Dipped to $56,500 after Another Rejection As previously reported by CryptoPotato, bitcoin was flirting with the coveted $60,000 price line for several consecutive days. However, every attempt to reconquer it was met with immediate rejection. The situation...

Bitcoin’s inability to overcome $60,000 has caused him a massive chunk of its dominance in the past few weeks as the metric is down to a 7-month low well beneath 60%. In contrast, some altcoins have charted impressive gains, including new all-time high records for Ethereum and Polkadot. Polkadot’s ATH Takes it to 4th Place The past several days have been quite bullish for the altcoin market. Ethereum led the charge with several consecutive green daily candles, resulting in...