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Tag Archives: Ripple

Coinbase to Cease Ripple Trading By Mid-January

Following news that the Securities and Exchange Commission (SEC) is looking to sue Ripple for selling unregistered securities, crypto exchanges such as Coinbase in the United States have announced that they will soon drop XRP from their lists of offered digital assets and halt trading beginning early 2021.Coinbase Says “No” To RippleCoinbase has stated that all XRP trades will be suspended as of January 19 of this year. The good news is that customers of the exchange will not lose access to...

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Update: The SEC Is Now Officially Suing Ripple

Just yesterday, Live Bitcoin News reported that the Securities and Exchange Commission (SEC) was looking into the possibility of suing Ripple, one of the top five cryptocurrency ventures in the world. Now, it looks like “looking into” has become “taking legal action,” as the governing financial agency has filed charges against the firm for allegedly ignoring securities advice and selling unregistered tokens.Ripple and the SEC Will Go Head to Head in CourtThere has been a lasting argument...

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The SEC Is Looking to Engage in Legal Action Against Ripple

The fight between Ripple and the Securities and Exchange Commission (SEC) just got a lot dirtier. The government agency plans to sue the cryptocurrency company for selling unregistered securities.Ripple and the SEC Will Duke It OutRipple has been at the center of classification arguments since its inception. Is its issued cryptocurrency – known as XRP – a valid form of money? Or is it a security that must be regulated in a specific way? The debate goes back and forth. Either way, things are...

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Ripple Price Analysis: Upsides Likely To Be Limited Above $0.35

Ripple price struggled to recover above $0.3800 and started a fresh decline against the US dollar.The price is now trading below the $0.3000 support zone and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.3850 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could continue to move down below $0.2800 and $0.2650 in the near term.Ripple price is showing bearish signs below $0.3000 against the US Dollar. XRP...

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Ripple Price Analysis: Fresh Surge Likely Above $0.58

Ripple price is struggling to clear the $0.5800 and $0.6000 resistance levels against the US dollar.The price is holding the key $0.5350 support and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.5780 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a fresh increase if there is a clear break above $0.5780 and $0.5800.Ripple price is showing bullish signs above $0.5350 against the US Dollar. XRP...

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Ripple Price Analysis: Remains At Risk of a Drop Below $0.48

Ripple price is struggling to clear the $0.5400 and $0.5500 resistance levels against the US dollar.The price is still above the $0.4800 support, but it is well below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $0.5520 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could decline heavily if there is a clear break below the $0.4800 and $0.4750 support levels.Ripple price is showing bearish signs below...

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Ripple Price Analysis: Fresh Increase above $0.65 Seems Likely

Ripple price remained well supported near the $0.4500 and $0.4750 levels against the US dollar.The price is trading nicely above $0.6000 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.6180 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue higher above the $0.6500 and $0.6750 resistance levels.Ripple price is rising and trading above key supports at $0.5800 against the US...

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The Growth of Ripple Is Possibly Outshining That of Bitcoin

Bitcoin has been doing rather well as of late, but what about some of the world’s smaller coins? Assets like Ripple (XRP)?Ripple Is Doing Rather Well as of LateIt’s clear that bitcoin has been hogging up all the attention lately. The currency’s run all the way past the $19,000 mark is making a huge impact on traders and industry experts alike, but it the midst of all the hype and hoopla surrounding bitcoin and larger digital assets, it appears we’ve forgotten about some of the smaller...

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Ripple Price Analysis: Upsurge is Far From Over, $0.50 Next?

Ripple price started a strong increase above the $0.3000 and $0.3550 resistance levels against the US dollar.The price gained over 40% in the past few days and settled above the 55 simple moving average (4-hours).There is a key bullish continuation pattern forming with resistance near $0.4740 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start another surge if it clears the $0.4750 and $0.4800 resistance levels.Ripple price is trading in a nice...

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Ripple Exec David Schwartz Has Lost a Lot of Digital Money

David Schwartz, the chief technology officer at Ripple, has lost more than $300,000 after investing in assorted altcoins.David Schwartz Has Lost a Lot of Crypto in Recent YearsThe crypto space can be quite speculative. In fact, it is often said that people who choose to invest in crypto should be prepared (somewhat) to lose their entire investment. The volatility of cryptocurrencies and the vulnerability of the space to hackers and malicious actors are two of the biggest contributors to the...

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