Ripple (XRP)

Veteran cryptocurrency exchange Coinbase announced that it would fully suspend XRP trading by January 2021, following the lawsuit filed against Ripple by the U.S Securities and Exchange Commission (SEC).Coinbase to Suspend XRP TradingAccording to a blog post on Monday (Dec. 28, 2020), Coinbase stated that while XRP trading will be moving to “limit only” starting December 28, the exchange is planning to suspend XRP trading on January 19, 2021, 10 AM Pacific time.Despite the suspension,...

The fight between Ripple and the Securities and Exchange Commission (SEC) just got a lot dirtier. The government agency plans to sue the cryptocurrency company for selling unregistered securities.Ripple and the SEC Will Duke It OutRipple has been at the center of classification arguments since its inception. Is its issued cryptocurrency – known as XRP – a valid form of money? Or is it a security that must be regulated in a specific way? The debate goes back and forth. Either way, things are...

Just as expected, the market has reacted to this news. The S&P futures (INDEXSP: INX) recorded a surge of 0.62% right after the Christmas holiday.The shares market has gone through a lot in the past few months following the emergence of the Covid-19 pandemic that crippled the global economy and put economic activities to a standstill. The US government then promised to distribute a relief package which triggered the market to react positively for a while.Unfortunately, the proposal coming...

Ripple price struggled to recover above $0.3800 and started a fresh decline against the US dollar.The price is now trading below the $0.3000 support zone and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.3850 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could continue to move down below $0.2800 and $0.2650 in the near term.Ripple price is showing bearish signs below $0.3000 against the US Dollar. XRP...

After another highly volatile weekend trading day consisting of a new all-time high above $28,000 and a massive rejection, including a drop below $26K, BTC has calmed and as of now trading safely around $27,000.Most altcoins have finally joined the party with some impressive double-digit gains, including Ethereum breaking north of $700, recording a current daily high at nearly $740, which is the highest of 2020.Bitcoin’s New ATH And Subsequent RejectionThe primary cryptocurrency continued...

In der vergangenen Woche hat GrayScale Bitcoin im Wert von über 542 Millionen Dollar gekauft. Dies hat die Unternehmung mittels einer Einreichung bei der Securities and Exchanges Commission (SEC) mitgeteilt. Der Kauf von ungefähr 11’200 Bitcoin hat zwischen dem 15. und 22. Dezember 2020 stattgefunden, am Dienstag sind 12’300 Bitcoin im Wert von ungefähr 280 Millionen Dollar gekauft worden: Das Interesse von institutionellen Investoren ist ungebrochen und wächst weiter....

In der vergangenen Woche hat GrayScale Bitcoin im Wert von über 542 Millionen Dollar gekauft. Dies hat die Unternehmung mittels einer Einreichung bei der Securities and Exchanges Commission (SEC) mitgeteilt. Der Kauf von ungefähr 11’200 Bitcoin hat zwischen dem 15. und 22. Dezember 2020 stattgefunden, am Dienstag sind 12’300 Bitcoin im Wert von ungefähr 280 Millionen Dollar gekauft worden: Das Interesse von institutionellen Investoren ist ungebrochen und wächst weiter....

Another day and another all-time high for bitcoin as the asset broke above $27,000 and even neared $28,000. Most alternative coins have failed to mimic BTC’s gains, and bitcoin’s dominance has exploded to above 70% for the first time since September 2019.New ATH For BTC At $27,900This year’s Holiday season has turned to be quite bullish for the primary cryptocurrency. Ever since December 24th, bitcoin has painted a new all-time high daily.After breaking above $25,000 and $26,000 in the past...

The past seven days were particularly tumultuous for the cryptocurrency market. The week leading up to Christmas saw massive volatility across the board, and this time, it wasn’t Bitcoin in the spotlight.Nevertheless, the primary cryptocurrency started the week by gaining about $1,500, but it was on Monday when things took a turn for the worse. BTC dropped by more than $2,000, reaching a dollar value of about $22,000. From there, however, it managed to rebound.Yesterday, bitcoin’s price...

XRP price has crashed another 16% after the Bitstamp announcement as it slips below $0.30 today. While some of the Ripple partners have started distancing themselves from the company, a few XRP fans continue to offer strong support.After the US Securities and Exchange Commission (SEC) sued Ripple earlier this week, Ripple partners have started weighing their association with the blockchain startup. In an update on Friday, December 25, crypto exchange Bitstamp announced that it is suspending...