Le couperet vient de tomber de façon officielle, via un communiqué de presse publié sur le site de la SEC. Le gendarme financier US va poursuivre la société Ripple Labs ainsi que deux de ses plus hauts dirigeants, Christian Larsen (président exécutif) et Bradley Garlinghouse (actuel CEO). La plainte stipule que Ripple a levé des fonds, dès 2013, via une émission de valeurs...
Read More »The Exchanges That Delisted XRP Following The Ripple SEC Lawsuit
Following news of the legal action, which alleged that Ripple had been conducting unregistered securities offerings worth $1.3 billion, the price of XRP plummeted heavily.But things are getting worse for the cryptocurrency. The drastic fall in price was just one of XRP’s problems as several crypto trading companies have quickly moved to disassociate themselves from the cryptocurrency to avoid getting hammered by the U.S. regulator. These companies have either delisted XRP or suspended support...
Read More »BTC Is Doing Well, but Not as Well as Leading Altcoins
Bitcoin, at the time of writing, is trading for just shy of $24,000 per unit. The world’s most popular and most powerful digital currency is making its way up the financial ladder like it never has before, but despite the mega surges the cryptocurrency has encountered, they are nothing compared with the monster jumps being experienced by some of the world’s smaller, yet leading altcoins, some of which include Ethereum, Stellar, Ripple’s XRP and Litecoin.Altcoins Are Taking the StageRight now,...
Read More »Bitcoin Dominance Spikes To 7-Month High As BTC Pokes $24K: Altcoin Season Postponed
Those who were looking forward to an altcoin season would certainly have to wait longer as Bitcoin’s dominance continues to surge. Meanwhile, the majority of cryptocurrencies are bleeding heavily against BTC.Bitcoin Tops $24,000 in a Massively Volatile DayThe volatility on the cryptocurrency market continues as most coins see tumultuous performance throughout the past few days.Bitcoin is no exception. Today’s candle is indicative of it. The price reached a low of around $22,800 on Bitstamp,...
Read More »MoneyGram Takes Wait-and-See Approach on Ripple-SEC Lawsuit
The partnership between Ripple and MoneyGram has been described as symbiotic by most analysts. The latter has been experiencing difficulties in making profits and the XRP incentives have significantly helped it close the debt gap.American giant money transfer company MoneyGram International Inc (NASDAQ: MGI) is taking a wait-and-see approach after the SEC decided to sue Ripple for selling unregistered security XRP. Ripple has invested approximately $52 million in MoneyGram over the years to...
Read More »Ripple Price Analysis: XRP Tumbles 70% Monthly to a 3-Year Low Against Bitcoin
XRP/USD – XRP Drops To 200-Days EMA SupportKey Support Levels: $0.3, $0.286, $0.25.Key Resistance Levels: $0.35, $0.4, $0.435.Yesterday, XRP dropped below $0.5 and penetrated beneath a symmetrical triangle pattern to meet the $0.45 support. It did spike much lower yesterday as it hit the 100-day EMA; however, the buyers regrouped to allow the daily candle to close above $0.45.Today, XRP continued to fall by another 27.5% as it plummeted beneath $0.4 (100-day EMA) and carried on dropping below...
Read More »Ripple SEC Charges Attack All Cryptocurrencies, Says Company’s CEO
Ripple’s CEO Brad Garlinghouse has classified the charges on his company brought by the US Securities and Exchange Commission (SEC) as an “assault on crypto at large.” In a recent blog post, he outlined that the Commission is wrong and that the payment processor will prevail in the legal battle.Ripple Responds to the SECFollowing rumors of SEC charges against Ripple, the Commission made it official yesterday. The agency alleged that the payment processor had conducted a $1.3 billion...
Read More »Market Watch: Ripple (XRP) Crashes 20% and Loses The 3rd Spot to Tether
A few days after the price dip beneath $22,000, bitcoin has recovered most losses and even took another swing at $24,000 earlier today. Most altcoins have remained relatively steady, apart from XRP. The recently announced charges from the SEC have plummeted the token’s value.Bitcoin Eyes $24KBitcoin has been on a wild ride in the past several days. It began by painting a new all-time high of about $24,300, but the subsequent rejection drove the asset down by more than $2,000 in hours.BTC...
Read More »The Spotlight’s On Bitcoin, but Most Assets Are in the Green Right Now
Everyone sure keeps talking about bitcoin as of late. The currency has reached a new all-time high of roughly $23,000 per unit, and while the asset is doing extremely well, we cannot forget about the smaller altcoins that share the crypto limelight with bitcoin. We’re talking, of course, about currencies such as Ripple’s XRP and Ethereum.Bitcoin Is Doing Well, but So Is Everything ElseEthereum is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the...
Read More »SEC Charges Ripple With $1.3 Billion Unregistered Security Offering
The United States Securities and Exchange Commission has pressed formal charges against Ripple. The watchdog is going after the company for conducting a $1.3 billion unregistered securities offering.CryptoPotato reported earlier today that the United States Securities and Exchange Commission (SEC) is preparing to sue one of the largest companies in the cryptocurrency field – Ripple. Brad Garlinghouse confirmed, saying that they will fight any suit the watchdog throws at them.The Commission...
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