Ripple (XRP)

Litecoin started a fresh decline below the $92 zone against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support near $96 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $92 resistance zone. Litecoin price is struggling below $92 against the US Dollar, similar to Bitcoin. LTC price could continue...

The turmoil in the banking ecosystem from the United States as it concerns Silicon Valley Bank (SVB) stirred a ripple effect that was felt in Switzerland. The shares of Swiss multinational banking giant UBS Group AG (SWX: UBSG) are seeing a mild slump today after the firm revealed that its net profit for the first quarter took a significant hit. While still largely profitable, UBS said the net profit for the quarter dropped by 52% over the past year to $1.03 billion. UBS said the drop in...

Ripple price started a fresh decline from the $0.540 zone against the US dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5100 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.500 resistance zone. Ripple price is struggling below $0.500 against the US Dollar, similar to Bitcoin. XRP price...

Bitpanda ist eine europäische Krypto-Exchange, die im Jahr 2014 in Österreich gegründet wurde. Seitdem hat sich das Unternehmen zu einem der führenden Anbieter von Kryptowährungen und Edelmetallen in Europa entwickelt. Bitpanda gehört zu den ganz Grossen und Bitpanda hat europäische Lizenzen. Es kann sich also lohnen, jetzt und heute noch einen Account bei Bitpanda zu erstellen und nicht erst dann, wenn der Kundensupport ausgelastet ist und der Bitcoin-Preis ein Allzeithoch feiert. Hier sind...

Abu Dhabi’s crypto and blockchain businesses are expected to grow exponentially and attract international investors, more so from the United States. The registration authority of Abu Dhabi Global Market (ADGM) has issued a consultation paper seeking feedback on its proposed new framework for distributed ledger technology (DLT) market and token issuance. The regulatory authority has set Friday, May 12 as the deadline for providing feedback on the proposed legal framework. Afterward, the...

Litecoin started a fresh decline below the $95 zone against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $93 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair is at risk of a downside break below the $90 and $88 support levels. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price could...

Ripple went through a considerable increase, but its upward trend slowed down upon reaching the critical resistance level of $0.58. Nevertheless, it appears to have a bullish perspective on the weekly timeframe. Technical Analysis By Shayan The Weekly Chart After a significant spike, XRP has successfully broken through the multi-year descending trendline, a key level on the weekly timeframe, providing a positive market sentiment. However, the price now faces two substantial...

It is becoming a trend that the SEC is choosing enforcement actions over dialogue. The United States-based digital currency trading platform Bittrex is likely the next exchange to face enforcement actions from the Securities and Exchange Commission (SEC). According to a report by the Wall Street Journal, the trading platform has received a Wells Notice from the regulator for key aspects of its operations within the country. According to the notice which is typically issued before...

Ripple price started a downside correction from the $0.5500 zone against the US dollar. The price is now trading above $0.505 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5090 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.5200 resistance. Ripple price is consolidating near $0.510 against the US Dollar, similar to Bitcoin. XRP price must...

The ongoing legal dispute between the United States Securities and Exchange Commission (SEC) and Ripple has taken another turn as the San Francisco-based blockchain company has countered the SEC’s argument regarding its fair notice defense strategy. According to a document filed on April 13, Ripple insisted that the case cited by the SEC did not provide any grounds to dismiss the fair notice defense. The blockchain company also substantiated its claims that the securities...