Ripple (XRP)

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...

Just a few days after announcing the delisting of Ripple (XRP) following the SEC charges, Bittrex has added three more coins to the list of removals. Interestingly, they are all so-called security tokens – Monero (XMR), Dash (DASH), and ZCash (ZEC).The Seattle, Washington-based cryptocurrency exchange said in a statement earlier today that it will remove Monero, Dash, and ZCash from its global platform. The company will halt trading for these markets: BTC/XMR, ETH/XMR, USDT/XMR, BTC/ZEC,...

BitcoinBitcoin set a new ATH today at $29,688 (Coinbase) after seeing a 23% price hike over the past week. The coin penetrated beyond $24,000 last Friday and continued higher over the weekend. On Wednesday, Bitcoin continued to surge beyond $28,000 and continued over the following days to set the new ATH today.With the recent bullish momentum in the market, Bitcoin could beyond the coveted $30,000 over the next week.Looking ahead, the first level of resistance lies at $30,000. This is...

The leading digital asset manager, Grayscale, has taken full advantage of the developments within the cryptocurrency field with record-breaking inflows. The company’s assets under management (AUM) have increased ten-fold throughout 2020 to above $20 billion.Grayscale’s Best Year To DateFounded in 2013, Grayscale is among the largest gateways for institutional investors to receive exposure to bitcoin and other cryptocurrencies without worrying about storing the assets.The company registered...

Bitcoin ended the challenging 2020 on a high note and entered the new year with a fresh all-time high at $29,550. Polkadot has mimicked BTC’s achievement with another all-time high, while Ripple has recovered some of the recent losses.Bitcoin Welcomed 2021 With A New ATHIt’s safe to say that bitcoin has been on a roll in the past several days. After recovering from the brief dips below $26,000, BTC went on a tear, resulting in breaking above $29,000 and painting a new all-time high at $29,300...

2020 has been an interesting year. To say anything else would be an understatement. The global COVID-19 pandemic took the entire world by a storm and changed the lives of millions of people.This had a direct impact on all industries and markets. Cryptocurrencies were absolutely no exception. 2020 had its lows for the nascent industry, but it’s perhaps safe to say that the highs were much more. The clearest evidence of this is Bitcoin, as well as the massive growth in the total...

XRP/USD – Bulls Attempting To Recover Above November 2020 LowsKey Support Levels: $0.2, $0.171, $0.14.Key Resistance Levels: $0.254, $0.3, $0.325.A couple of days ago, XRP spiked beneath $0.2 to hit the July 2020 lows at $0.171. By the end of the day, the buyers regrouped to allow the daily candle to close above the November 2020 lows at $0.219.Yesterday, XRP penetrated beneath the November 2020 lows. Its daily candle eventually closed at $0.21. Today, after a brief spike back into $0.2, the...

As per the court order from the US District Court of New York, both the parties have been asked to submit a joint statement with the case’s legal arguments, potential motions and likelihood of settlements.The battle is just getting started for Ripple as the blockchain startup is to confront the US SEC earlier next year in February 2021. The confrontation will happen after the SEC filed a lawsuit against Ripple last week on charges of selling unregistered XRP securities.As per the recent court...