John Deaton, crypto lawyer and legal representative of XRP holders in the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC), has disclosed that a recent class action brought against the company would most likely be made void if the firm wins the case. In a recent tweet, Deaton said the class action was the least of Ripple’s worries. Ripple’s Win in SEC Case to Nullify Class Action The class action in question was granted certification by Judge...
Read More »Will XRP Crash to $0.40? Bears Maintain Control (Ripple Price Analysis)
Ripple’s price action has been choppy lately, especially against USD. Against BTC, though, things are looking interesting in the short term. Technical Analysis By: Edris XRP/USDT Daily Chart: Against USD, the price has been consolidating in a narrow range between $0.45 and $0.5. The 50-day moving average, currently around $0.5, is currently pushing the cryptocurrency lower. If XRP drops toward the $0.43 level, the 200-day moving average near that price is expected to provide...
Read More »Unhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction
CoinspeakerUnhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction Companies like Circle, Ripple, and the non-fungible tokens (NFTs) marketplace OpenSea have happier employees. Unhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction
Read More »Litecoin (LTC) Price Analysis: Uptrend Intact Above $100
Litecoin started a downside correction from the $115 zone against the US Dollar. LTC price is now trading above $98 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $104.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $105 resistance. Litecoin price is correcting gains from $115 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Understanding Crypto Liquidity Crisis Triggered by SEC’s Enforcement Actions: Report
The SEC’s subsequent enforcement actions, first against Ripple and XRP, followed by Binance and Coinbase, have contributed to the sufferings of other crypto exchanges from a liquidity standpoint. There has been a major shift in the CEX landscape that has already faced challenges following the FTX implosion. A new report suggested that a slow recovery in liquidity appears to have haunted the second quarter. Kraken: An Outlier The blockchain data provider Kaiko’s second...
Read More »Will XRP Explode Above $0.5 or Will The Correction Deepen? (Ripple Price Analysis)
After forming a bearish double-top pattern and undergoing a period of consolidation, Ripple’s price struggled to break below the 100-day moving average. However, it finally declined below the moving average, reaching $0.44. This decline indicates a bearish outlook for Ripple’s short-term prospects. Technical Analysis By Shayan AThe Daily Chart Upon analyzing the Daily Chart, it becomes evident that Ripple’s price exhibited high volatility around the crucial resistance level...
Read More »Ripple Price Analysis: Bulls Aim Fresh Surge To $0.52
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price started a downside correction from the $0.5250 zone against the US dollar. The price is now trading near $0.482 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.472 on the 4-hour chart of the XRP/USD pair (data source from...
Read More »Ripple (XRP) Will Definitely Lose Against the SEC But There’s a Catch: Keiser
Max Keiser has once again come out with a comment on the ongoing case between the United States Securities and Exchange Commission and Ripple – the company behind XRP. The Bitcoin permabull thinks Ripple will lose, but the reason is not what many might think. Max Keiser is a well-known proponent of Bitcoin – one that’s been very vocal about the primary cryptocurrency’s merits. He’s also bashed multiple altcoins on many different occasions, and Ripple’s XRP hasn’t been an...
Read More »Citigroup Reviews Partnership With Ripple-Owned Metaco: Report
American multinational investment giant – Citigroup Inc. – is reportedly reviewing its partnership with Metaco. The Swiss firm, which specializes in crypto custody for institutional investors, had partnered with Citi a year back to develop and pilot the latter’s digital asset custody capabilities. The latest development comes amidst tumultuous market conditions that have significantly strained the relationships of traditional financial firms that tapped into the digital...
Read More »Last May, as Bitcoin Fell, Smaller Altcoins Jumped Dramatically
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Something strange happened towards the latter half of May this year. While bitcoin and Ethereum – two of the largest and most mainstream digital currencies – were taking price dips, altcoins – like XRP (Ripple) and Litecoin – were exploding. Altcoins Rose Last May While BTC Suffered During that time, Litecoin...
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