XRP saw a small 1.6% price increase over the past 24 hours as the cryptocurrency trades at $0.282.These gains are largely attributed to Bitcoin climbing above $10,000 as XRP fell against Bitcoin itself.XRP remains ranked in the 3rd position with a market cap of $12.37 billion.Key Support & Resistance LevelsXRP/USD:Support: $0.265, $0.26, $0.245.Resistance: $0.289, $0.30, $0.31.XRP/BTC:Support: 2710 SAT, 2600 SAT, 2525 SAT.Resistance: 2850 SAT, 2900 SAT, 3000 SAT.XRP/USD: XRP Faces Strong...
Read More »Bitcoin Price Hits 10,000 Level, Overall Market in Green Zone
Bitcoin price gains steam hitting $10,000 level, with the overall crypto market entering bullish price action.Many of the cryptocurrency critics are waiting for the market crash soon after the Bitcoin Halving in May 2020. Some of them waiting for the crash even before the Halving. However, Bitcoin‘s price keeps rising, crossing the 10K milestone with ease. While the Bitcoin Core repository on GitHub receives no major updates this Winter, this price action is a big success. All the...
Read More »Will a Ripple IPO Emerge Sometime in the Coming Months?
Ripple (XRP), the world’s third largest cryptocurrency by market cap, has suggested that an initial public offering (IPO) based on its technology is slated to arrive in the coming months.Ripple Continues to Make WavesAt the Davos World Economic Forum last January, CEO of Ripple Brad Garlinghouse explained to a crowd of listeners that a Ripple IPO could occur sometime in 2020. He also stated that more IPOs based on cryptocurrencies are likely to follow, and that this will likely become a...
Read More »Binance Gets Former TradingView’s COO as New Director of Fiat, Europe and CIS
Cryptocurrency exchange Binance has announced it hired Iskander Malikov, a former TradingView COO, as new Director of Fiat, Europe and CIS at the exchange. He will focus on establishing new fiat-to-crypto channels for Binance.One of the world’s largest cryptocurrency exchanges Binance announced it is planning to further boost its fiat-to-crypto entrances by hiring a former TradingView executive.Iskander Malikov, who previously served as a chief operating officer a TradingView, decided to join...
Read More »Warner Music Group Files for IPO, It Is to Go Public in 2020
Warner Music Group is now the latest high-profile company that has taken a decision to go for a public listing in 2020.American multinational entertainment and record label, Warner Music Group, has announced that it has filed a registration statement for an IPO to sell shares of its common stock which are proposed to be sold by certain of Warner Music Group’s stockholders.Warner Music Group became the latest big-name company to opt for a public listing since the turn of the year. The number...
Read More »Crypto Price Analysis & Overview February 7th: Bitcoin, Ethereum, Ripple, Tron, and Chainlink.
BitcoinBitcoin saw a 5% price rise over the past 7 days of trading as the cryptocurrency rebounds from support at $9,145 to meet resistance at around $9,815. With the 30-day 21% bullish surge, Bitcoin can be expected to break $10,000 pretty soon. Other cryptocurrencies are outpacing Bitcoin. However, this does not mean it cannot continue above $10,000.Once the bulls break $9,815, the next level of resistance lies at $10,000. Beyond this, higher resistance lies at $10,200, $10,430, and $10,707...
Read More »Bitcoin Price Hit $9800 Yesterday as Whales Move $2.4 Billion in BTC
Bitcoin price shot 4% on Thursday to surpass $9800 levels along with a sudden spike in the Open Interest. The community is enthusiastic about the upcoming Bitcoin halving event, however, the coronavirus outbreak in China is severely hurting the region’s mining business.In the last three days since February 5, Bitcoin price has added over $500 to its price taking it closer to $10,000 levels. On Thursday, February 6, BTC price surged above $9800 with nearly 4% gains. Moreover, with this move,...
Read More »Litecoin (LTC) Price Analysis: Bulls Aiming $80 or Higher
Litecoin price is rising steadily and it is now trading above $70.00 against the US Dollar.LTC price traded to a new 2020 high at $73.99 and it remains in an uptrend towards $80.00.There is a crucial bullish trend line forming with support near $70.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $80.00 and $82.50 resistance levels in the near term.Litecoin price is trading in a strong uptrend above $70.00 against the US...
Read More »XRP Has Outperformed Bitcoin in 2020, Ripple CEO Answers Mike Novogratz on His Skepticism
Ripple CEO Brad Gralinghouse has lashed out at Novogratz’s comment on XRP. Galinghouse said that so far in 2020, XRP has successfully managed to outperform Bitcoin. He also pointed out some of Novogratz’s failed predictions from the past.Ripple‘s XRP cryptocurrency remains in the news after it jumped 20% in the last seven days with a sudden volume surge. XRP, the world’s third-largest cryptocurrency has been the talk of the town after its poor show in 2019.While almost all other top-ten...
Read More »Crypto Price Analysis February 5: BTC, ETH, XRP, BCH, LTC
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, XRP, Bitcoin Cash and Litecoin price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Digital assets continue testing their closest resistance levels. Bulls are increasing the pressure and there is a good chance to witness new rising impulses towards...
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