At the hour of composing, XRP/USD is changing hands at $0.1882, generally both unaltered since the start of Friday and on the last day. XRP has recouped from December 18 low of $0.1725; in any case, the further recuperation is by all accounts restricted by a mental obstruction at $0.20.It’s critical to recall that regardless of whether XRP can turn bullish temporarily, its long term trend remains quite terrible. The cryptocurrency has plunged over 60% over the most recent half-year and has...
Read More »OKEx Introduces Bitcoin Options Trades for a Few Clients Before January Launch
OKEx crypto exchange officially announced the launch of Bitcoin options trading for a chosen few clients. This has happened ahead of a public launch on January 9, 2020. In a December 26 press release, the third-largest crypto exchange by daily trading volume worldwide has confirmed that the new contract will be settled daily in Bitcoin.Increasing Hedging Strategies Options for OKEx TradersAn options contract is a popular derivative that lets traders hedge against asset price swings in all...
Read More »After A Disappointing Christmas, Bitcoin Price Consolidates Around $7,200: Thursday Crypto Market Watch
After having a gloomy Christmas, the only relief for traders today is that Bitcoin is still holding support at the $7200 region. After touching $7,700 a few days ago, BTC is currently trading above $7,200. A decline below $7,000 will, in no doubt, be stressful for traders who are already disappointed with the Christmas market outcome. The rest of the crypto market is in a mixed state, with significant altcoins posting either slight profits or loss. Ether (ETH) has lost a significant amount of...
Read More »Ripple Price Analysis: XRP Trades Sideways Around $0.19 But Is A Breakout Coming?
XRP continues to trade sideways between $0.1815 and $0.20Against BTC, it is starting to show signs of stabilization at 2600 SAT.The cryptocurrency is showing signs that it could surge if we see a bullish crossover on the Stochastic RSI indicator, against BTC.Key Support & Resistance LevelsXRP/USDSupport: $0.181, $0.17, $0.167. Resistance: $0.19, $0.20, $0.212.XRP/BTC:Support: 2600 SAT, 2530 SAT, 2455 SAT.Resistance: 2750 SAT, 2900 SAT, 3000 SAT.XRP/USD: Remains Trapped Within Tight...
Read More »Litecoin (LTC) Price Analysis: Risk of Additional Losses Below $40
Litecoin price is struggling to stay above the $40.00 support area against the US Dollar.LTC price is likely to accelerate its decline if its breaks the $39.00 support area.There is a key bearish trend line forming with resistance near $41.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair might recover once it climbs above $41.50 and $42.00 in the near term.Litecoin price is showing a few bearish signs against the US Dollar, similar to bitcoin. LTC price remains...
Read More »Binance Adds XRP, ETH, USDT Fiat Pairs with Turkish Lira
Global cryptocurrency exchange Binance added support for three fiat pairings with the Turkish Lira (TRY) that feature Ethereum (ETH), XRP, and leading stablecoin Tether (USDT). And that’s not all. Users will from now on be able to trade USDT against the Russian Ruble (RUB) as well.#Binance Adds ETH/TRY, XRP/TRY, USDT/TRY and USDT/RUB Trading Pairshttps://t.co/TlhaxBEOWs pic.twitter.com/al8syw2vc7— Binance (@binance) December 25, 2019This obviously became a ritual for this number one crypto...
Read More »The Overall Value of Ripple Has Exploded Thanks to a New Funding Round
Ripple – the third-largest cryptocurrency by market cap – has allegedly completed a funding round in which the company got its hands on $200 million. This takes Ripple’s net value to a whopping $10 billion.Ripple Is Heading to the TopThe round was led by Tetragon, an investment company stationed in New York. Other companies to take part in the event include Japan’s SBI Holdings and the venture capital firm Route 66 Ventures in Virginia.Ripple head honcho Brad Garlinghouse comments:We are in a...
Read More »American Economist Jeffrey Tucker Calls XRP Actively Used by Ripple ‘Brilliant Technology’
XRP is one of the worst performers this year, among the top-ten cryptocurrencies. However, economist Jeffrey Tucker has praised XRP that is actively used by Ripple in its solutions. And he even called it a “brilliant technology”. Tucker, who is currently the editorial director at the American Institute for Economic Research (AIES), expressed his views during an interview on the “Boom Bust” episode on Russia Today.He added that Ripple is currently riding on the failures of the traditional...
Read More »As XRP Price Crashes, Is It a Good Time to Buy?
XRP price crashes continue to have place. As the price has fallen to $0.20, it means that the coin has lost 95% of its highest all-time value. Currently, Bitcoin dominance is at an all-time high of nearly 70%. This has created a scenario where the XRP token has lost ground. This hasn’t however dampened the confidence of investors into XRP-related projects. Sources indicate that Ripple announced recently that it had been able to get about $200 million in investments this year. Ripple Labs also...
Read More »Bitcoin Price Surges 5% to Move above $7600 in the Crypto Market Rally
It’s a good start to the week as Bitcoin and the majority of altcoins have turned green in the crypto market rally. In the last 24-hours, the overall cryptocurrency market added $10 billion.Simultaneously, the BTC price has surged nearly 5% moving above $7600. Bitcoin is currently leading today’s market rally with Ethereum posting under 3% gains. Last week, Bitcoin was struggling to cross $7000 and instead went all down below $6600 levels.However, it quickly managed to cover its lost ground...
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Ripple (XRP)
