Ripple board member and a close family friend of US President Donald Trump, Ken Kurson, has been arrested following allegations of cyberstalking. According to the New York Times, Kurson has stalked and harassed a total of five victims, including his ex-wife. He was reportedly most vicious against a friend of his ex-wife, whom he blamed for his divorce. He used pseudonyms to contact the hospital she worked and sent fraudulent emails claiming that she had an affair with her...
Read More »Bitcoin Breaks New 2020 High As Total Market Cap Topped $400 Billion (Market Watch)
Bitcoin continues with the 2020 records and just a few hours ago marked a fresh high of above $13,350. Most alternative coins followed suit with impressive increases, but the market has calmed since then. The entire cryptocurrency market clocked at above $400 billion. Bitcoin To Yet Another 2020 High CryptoPotato reported a few days ago that the primary cryptocurrency exceeded the August 2020 high of about $12,500 and reached $13,200. What followed was a slight retracement to...
Read More »These Are Ripple’s Relocation Options if it Moves Out of the United States
Ripple has expressed dissatisfaction over the regulatory uncertainty surrounding cryptocurrencies in the United States. Apart from this, the San Francisco-based firm has also decided to act. By moving out of its home turf. But where will Ripple move next? Here are the relocation options. Ripple’s Asia Options: Japan, Singapore & the United Arab Emirates When Ripple’s co-founder and Executive Chairman Chris Larsen threatened to move out of the United States over the...
Read More »Stagnant Crypto Weekend: Bitcoin Temporarily Stopped at $13,000
Following the past couple of days of significant price developments within the cryptocurrency space, most assets have calmed. Bitcoin remains just shy $13,000, while some of the altcoins have even retraced slightly. Bitcoin Struggles at $13,000 The past seven days were nothing short of impressive for Bitcoin. After a brief dip to $11,400 last week, the cryptocurrency went on a roll. Promising news from PayPal only accelerated BTC’s bullish run, resulting in a fresh 2020 high...
Read More »Ripple Plans to Relocate to Japan Amid Unfavorable Regulations in the U.S.
Ripple is planning a Japan move due to poor U.S. regulations. Other considered locations include the UK, UAE, Singapore, and Switzerland. Blockchain payment services company Ripple Labs Inc may relocate to Japan from the U.S. due to a lack of regulatory clarity. Apart from Japan, the company has also shortlisted some other countries for relocation. Notably, Japan is the most likely country that Ripple may move to if the blockchain firm leaves the U.S.Ripple Eyes Japan as Potential...
Read More »Crypto Price Analysis & Overview October 23rd: Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash
Bitcoin Bitcoin saw a very strong 13% price increase over the past seven days which allowed it to break above the $13,000 handle. At the start of October, Bitcoin managed to penetrate above a symmetrical triangle pattern which was the first sign that a bull run was about to form. After the breakout, it managed to push as high as $11,600 before stalling. Last Friday, Bitcoin was trading at around $11,200 as it rebounded and started to push higher. It quickly reached the...
Read More »XRP Bulls Step in With a 5% Daily Increase, Is $0.30 Next? (Ripple Price Analysis)
XRP/USD – Buyers Finally Break Above Symmetrical Triangle Key Support Levels: $0.26, $0.251, $0.245.Key Resistance Levels: $0.261, $0.271, $0.279. XRP went through a rollercoaster of price action yesterday as it reached as high as $0.271 (bearish .618 Fib) and as low as $0.228 (.618 Fib) during the 24 hours. The cryptocurrency had been trading within a symmetrical triangle and rebounded from the lower boundary at the start of the week. Despite the whipsaw like movement...
Read More »Litecoin (LTC) Price Analysis: Strong Uptrend In Place Above $50
Litecoin price started a strong upward move above the $48.50 and $50.00 resistance levels against the US Dollar.LTC price is currently trading above the $54.00 support level and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $48.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above $55.50 and $56.50 in the near term.Litecoin price is trading in a strong uptrend above...
Read More »Bybit Launches New USDT Perpetual Trading Pairs with ETH, LTC, XTZ and LINK
[Press Release] Singapore, Oct 21, 2020 — Four new perpetual trading pairs, ETH/USDT, LINK/USDT, LTC/USDT, and XTZ/USDT, will be listed on crypto trading platform Bybit and begin trading today. The new USDT pairs join the existing markets of BTC/USDT, BTC/USD, ETH/USD, EOS/USD, and XRP/USD on the Bybit exchange. The move significantly increases traders’ choices, as the open interest on the Bybit platform reaches new heights. “In response to popular demand, we are bringing...
Read More »Crypto Market Cap Gains $7 Billion as Bitcoin Blasts Through $12,000
Bitcoin has surged past $12,000 in the past several hours and it came just $200 away from marking a fresh 2020 high above $12,500. Interestingly, the alternative coins haven’t followed BTC’s move upwards, and Bitcoin has increased its dominance over the market. Bitcoin Nears A New 2020 High? The past few days have been quite bullish for the primary cryptocurrency. Ever since Bitcoin dipped to $11,200 on Friday following controversial news from OKEx, BTC has been gradually...
Read More »