Ripple failed to persuade a judge in Oakland, California to dismiss the class-action lawsuit. Will this situation seriously influence XRP price and the company’s plans for an IPO?A technical correction during the recent period plunged the XRP price down by approximately 36 percent. Unfortunately, the correction doesn’t seem to be stopping. At the time of writing, XRP was down 1.77% to $0.24. And what is even worse, those are nor our neither analysts’ predictions. These words came from Ripple...
Read More »Crypto Price Analysis & Overview February 28th: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Chainlink
Bitcoin dropped by a total of 11% over the past week as the cryptocurrency broke beneath previous support at $9,550 and plummetted beneath support at $9,000. It continued to decline until reaching the current support at the 200-days EMA, which is bolstered by the .5 Fib Retracement at around $8,600. The momentum is certainly on the bearish side, and we should continue to expect further declines this week within the market. Once the rising trend line is broken, support is found at the downside...
Read More »Ripple’s Partner SBI Remit Announces Collaboration with Fukushima Bank
Ripple’s partner, SBI Remit will closely work with Fukushima Bank, which is one of the major Japanese financial institutions, to enable the fast transfer of money.SBI Remit, a partner of Ripple which uses its RippleNet, announced that it will partner with one of the largest banks in Japan Fukushima Bank. The partnership will see Fukushima Bank responsible for handling all SBI international remittance services.The representative director of SBI Remit Nobou Ando stated:“With the steady rise of...
Read More »#823 Ripple Klage, Steven Seagal ICO Strafe & Crypto Rockstars Konferenz Köln Mai 2020
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 823. Heute sprechen wir über folgende Themen: Ripple kann Klage nicht abwenden, Steven Seagal muss Strafe zahlen für Promotion von ICO & Crypto Rockstars DLT & BLOCKCHAIN Cruise Mai. 1.) Ripple kann Klage nicht abwenden: Ist XRP ein Wertpapier?https://bitcoin-kurier.de/ripple-kann-klage-nicht-abwenden-ist-xrp-ein-wertpapier/ 2.) Steven Seagal Charged by SEC for Promoting 2018...
Read More »Ripple Partners with Azimo for Faster International Payments into the Philippines
Within its new partnership with Ripple, Azimo will use Ripple’s On-Demand Liquidity service for fast payments into the Philippines.Ripple through its official web page has announced a groundbreaking partnership with one of the largest European remittance companies Azimo. The new partnership will provide Azimo with Ripple’s On-Demand Liquidity (ODL) to provide fast and cheap remittance capabilities into the Philippines. However, plans are underway to see the services expanded to other...
Read More »Ripple Partners With European Remittance Company Azimo But Legal Troubles Continue
Ripple has recently partnered up with a European online remittance service company, Azimo. The former will leverage Ripple’s On-Demand Liquidity (ODL) for remittance payments in the Philippines and plans to expand the services in other countries, as well. At the same time, the company’s legal battle against Bradley Sostack will continue.Ripple Goes To Business With AzimoYesterday, Ripple announced its newest partnership with the U.K.-based digital money transfer service company. As of now,...
Read More »Ripple Hit Hard as Judge Decides Its Class-Action Lawsuit Can Proceed
Though Ripple hoped that it would manage to stop its class-action lawsuit, the legal battle seems to continue.A federal judge from California has ruled against the request from Ripple to stop a class-action lawsuit that claims the company sold XRP to its customers as an unregistered security. This means the case will go ahead as planned initially, a big blow to the XRP and Ripple community at large.Ripple had requested to stop the lawsuit back in December 2019, where Judge Phyllis J. Hamilton...
Read More »Ripple Price Analysis: XRP Drops Below Crucial 200-EMA and 100-EMA, Can Bulls Regroup?
XRP dropped by a total of 3.4% over the past 24 hours of trading, bringing the price down to $0.233.The cryptocurrency penetrated beneath the 200-days EMA and continued below the 100-days EMA.XRP also fell as low as 2550 SAT against Bitcoin before rebounding higher.Key Support & Resistance LevelsXRP/USD:Support: $0.227, $0.217, $0.21.Resistance: $0.235, $0.245, $0.25.XRP/BTC:Support: 2600 SAT, 2550 SAT, 2525 SAT.Resistance: 2710 SAT, 2750 SAT, 2800 SAT.XRP/USD: Ripple Breaks 200-days and...
Read More »PrimeXBT Exchange Nabs Three Forex Awards, Including Best Crypto Trading Platform
PrimeXBT is proud to announce that it received three prizes at Forex Awards as the Best Crypto Trading Platform, the Best Crypto and Forex Broker, and the Best Crypto Trading App.The 2019 edition of the Forex Rewards has revealed that Bitcoin-based margin trading platform PrimeXBT made a clean sweep of the awards in the cryptocurrency categories. In the category of Best Cryptocurrency Trading Platform; Best Cryptocurrency and Forex Broker, and Best Crypto Trading App, PrimeXBT walked away...
Read More »Litecoin (LTC) Price Analysis: Nosedives Below $60, $50 Next?
Litecoin price declined heavily and broke a few key supports near $68.00 against the US Dollar.LTC price struggled to stay above $65.00 and even declined below $60.00.There was a break below an important bullish trend line with support at $72.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is now in a bearish zone and it could even decline below the $58.00 support.Litecoin price is down more than 20% from highs against the US Dollar, similar to bitcoin. LTC...
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