Bitcoin price has cautiously ratcheted upward since Jan. A rising trend channel from $16,600 to $30,000 almost doubled the spot price of BTC in H1. The price changed in three phases, with blistering rallies that happened in January, March, and June. Here’s what large language model chatbot Google Bard has to say about the best day of the week to buy cryptocurrencies like Bitcoin, Ethereum, and Ripple. Cheapest Day of the Week to Buy Crypto? There’s no telling for sure if...
Read More »No Panic: XRP Can Rely on These Support Levels to Bounce (Ripple Price Analysis)
Ripple’s price is currently correcting after a significant surge following the win against SEC. However, there is little reason for concern as there are multiple support levels nearby. Technical Analysis By: Edris XRP/USDT Daily Chart: Against USDT, the price has been constantly declining after being rejected from the $0.9 resistance level. The market is likely targeting the 50-day moving average around the $0.6 support level. The 200-day moving average trending near the $0.5...
Read More »Shiba Inu (SHIB) Only Major Altcoin in Green as Bitcoin Flatlines on the Weekly: Your Crypto Recap
To say that the price action within the cryptocurrency market this week was underwhelming would be the understatement of the year. Most of the top altcoins are charting losses as Bitcoin’s price remains completely flat for the past seven days. In fact, Bitcoin’s volatility has been so insignificant that on a 10-day average, it’s about to become less than that of stocks and even gold. That’s right – the “highly volatile” Bitcoin that’s unpredictable and “risky” has seen less...
Read More »XRP to the Rescue? Coinbase Cites Ripple Ruling, Seeks to End SEC Lawsuit
America’s largest cryptocurrency exchange Coinbase has submitted a motion to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC). The motion, filed with the U.S. District Court for the Southern District of New York, argues that crypto assets are neither investment contracts nor securities and so fall outside the SEC’s delegated authority as set by Congress. Coinbase Seeks to Dismiss SEC Lawsuit Recall that the SEC sued Coinbase on June 6, a day after...
Read More »Ripple (XRP) Price Sinks 25% Since Historic SEC Win as Hype Slows Down
In the midst of a lackluster price movement across the wider cryptocurrency market, XRP experienced an unusual downward trend. The cryptocurrency recently became the fifth-largest crypto by market cap owing to Ripple’s partial but impressive win against the US Securities and Exchange Commission (SEC). The asset even briefly surpassed BNB as the fourth-largest last month. After posting double-digit gains for quite some time, the bulls appear to have entered a phase of...
Read More »Bitstamp Offers Permanent APY on XRP Lending: Details
Crypto trading platform Bitstamp has introduced an XRP lending service offering a “permanent” 2% yield, shortly after relisting the asset for trading last month. This puts XRP on an already sizable list of coins viable for 2% APY on Bitstamp, including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether USD (USDT). Permanent Yield On XRP? As explained by Bitstamp in a blog post on Thursday, the company partners with Tesseract for its lending service, which “only lends...
Read More »Brad Garlinghouse Slams US SEC for Using XRP Quarterly Reports against Ripple in Lawsuit
CoinspeakerBrad Garlinghouse Slams US SEC for Using XRP Quarterly Reports against Ripple in Lawsuit Ripple announced the recent ruling has pushed it to shift its approach to XRP market transparency, particularly on the escrow holdings. Brad Garlinghouse Slams US SEC for Using XRP Quarterly Reports against Ripple in Lawsuit
Read More »How Much XRP Does Ripple Labs Have? Company Talks About SEC Ruling in Q2 Report
Ripple CEO Brad Garlinghouse said the contents of the company’s quarterly financial reports could take a different turn from the usual after the US Securities and Exchange Commission (SEC) used the firm’s disclosures against it in the lawsuit. Meanwhile, XRP holders lawyer John Deaton believes Ripple’s transparency saved the firm from facing fraud and manipulation allegations. Ripple Increases XRP Holdings in Q2 2023 Garlinghouse stated that the company voluntarily started...
Read More »New Cryptocurrency to Watch: XRP20 Presale Goes Live – Will it Pump Like the XRP Price?
Although the world of cryptocurrency is undoubtedly exciting, opportunities to be part of game-changing innovations are fleeting. However, XRP20 ($XRP20), a new ERC-20 token, has emerged as a beacon of hope for those seeking to experience the returns produced during Ripple’s ($XRP) early days. Offering cutting-edge features like deflationary burning and on-chain staking, XRP20’s recently launched presale could mark the beginning of an exciting venture. XRP20’s Presale Offers...
Read More »XRP Price Can Hit $100-$500 in 4-7 months, Wells Fargo Treasury Manager Says
CoinspeakerXRP Price Can Hit $100-$500 in 4-7 months, Wells Fargo Treasury Manager Says Using Liquidity Strength as a key metric, the expert provided a detailed breakdown of her calculations before coming to her prediction. XRP Price Can Hit $100-$500 in 4-7 months, Wells Fargo Treasury Manager Says
Read More »