After a highly volatile day in which BTC touched $60,000, the primary cryptocurrency has slipped to 58,000. The altcoin market is even more fluctuating, as Cardano has retraced following the latest gains and has lost its top three spot to Binance Coin.Top Ten Rotations Continue; BNB Ahead of ADAThe past several days were quite volatile for the altcoin space. However, most larger-cap alternative coins have calmed on a 24-hour scale.Ethereum, Polkadot, Ripple, UNI, Litecoin, and Chainlink have...
Read More »Ripple Price Analysis: Can XRP Bulls Finally Break $0.5?
XRP/USD – Bulls Continue Battle To Break Falling Trend Line.Key Support Levels: $0.453, $0.42, $0.4.Key Resistance Levels: $0.5, $0.556, $0.6.XRP has been trading inside a falling wedge pattern for the past month as it struggles to break the upper boundary of the formation. It had rebounded from the lower boundary of the wedge at the start of March but failed to surpass $0.5, the upper boundary, over the past fortnight.XRP fell beneath support at $0.453 (.5 Fib) as it dropped to $0.4 (.618...
Read More »Ripple Seeks Documents on Bitcoin and Ethereum from the SEC
The legal dispute between Ripple and the SEC continues with full force as the payment processor has requested the Commission to produce documents regarding Bitcoin and Ethereum – as they were officially deemed not to be securities.At the same time, thousands of XRP holders have asked the federal judge in charge to serve as third-party defendants as well.Ripple Seeks Documents on BTC and ETHThe latest developments in the Ripple vs. the SEC lawsuit came to light yesterday following a new letter...
Read More »Bitcoin New ATH Set Around $62K After Gaining $15K In Just 8 Days (Weekend Watch)
Following a few consecutive days in which BTC price came just inches away from breaking its ATH of $58,400, the cryptocurrency finally did it yesterday and went on a wild spike to record a new current top at $61,800. The altcoin space also followed the bullish price trajectory and the market cap added $150 billion for a new record of its own at $1.850 trillion.Bitcoin Exploded Above $60K: Broke The Feb-21 ATHAs CryptoPotato previously reported, bitcoin came close to the previous all-time high...
Read More »Bitcoin Starting Weekend $1000 Away From ATH: Chiliz Now Top 20 After 650% In 7 Days (Market Watch)
Another highly volatile trading day for bitcoin as the asset briefly dipped to $55,000 and a few hours later came about 2% away from the ATH at $58,400. Most larger-cap altcoins also went through the turbulence but have calmed on a 24-hour scale, with Ethereum failing to reconquer $1,800.Update: shortly after we released this market recap, Bitcoin broke its ATH from February 21, surpassing $58,500.Bitcoin’s 24H Ups and DownsAs reported yesterday, bitcoin was on a roll as it came just 0.43%...
Read More »Crypto Price Analysis & Overview March 12th: Bitcoin, Ethereum, Ripple, Cardano, and Litecoin
This week was quite exciting in the cryptocurrency market as a lot of the major coins managed to recover. Unfortunately, this wasn’t the case for all of them, so let’s have a look at some of the most interesting performers throughout the past seven days.BitcoinBitcoin is up by a powerful 15.8% over the past week as the cryptocurrency edges near the ATH price again. It started the week by rebounding from support at $47,200 (.382 Fib) and began to push higher over the weekend.The coin broke...
Read More »SEC Requests Personal Financial Information on Ripple Executives, They Object
More developments on the Ripple vs. the SEC legal front as the Commission has requested personal financial information of the company’s CEO, Brad Garlinghouse, and co-founder Christian Larsen.Simultaneously, the Japanese financial giant SBI Group has doubled-down on its support for Ripple by offering to pay its shareholders dividends in XRP.The SEC Seeks Personal Info on Ripple ExecsThe impending case between the US Securities and Exchange Commission and the blockchain payment processor...
Read More »Bitcoin Price Came Inches Away From the ATH Above $58K (Market Watch)
Bitcoin came even closer to reaching a new all-time high a few hours ago but failed, and the subsequent rejection drove the asset below $57,000. Most alternative coins have remained relatively calm on a 24-hour scale despite some severe volatility experienced in the past few days.Bitcoin Came 0.43% Away from a Fresh ATHIt seems that last week’s price drops in which bitcoin dipped to $43,000 are long gone for the cryptocurrency. This week the asset has been on an impressive run that overcame...
Read More »Ripple Has Settled Its Lawsuit Against YouTube
Nearly a year after filing a lawsuit against YouTube for failing to prevent XRP giveaway scams, Ripple Labs has settled the issue without disclosing any further details.In the other ongoing Ripple-related lawsuit, the SEC has asked Judge Analisa Torres to deny the payment processor’s motions to dismiss.Ripple Settles with YouTubeCryptoPotato reported last year in April that the blockchain-based payment protocol undertook legal actions against the largest video-sharing platform – YouTube....
Read More »Market Watch: Bitcoin Price Came Just 4% From a New All-Time High
Bitcoin has managed to hit a high at nearly $56,000 today but has since retraced a bit and it now hovers above $54,000. However, BTC’s dominance suffers as some altcoins, including Binance Coin, have surged in the past 24 hours, and the metric is just slightly above 60%.Bitcoin’s Stays Above $54KEver since the primary cryptocurrency dipped to $47,000 on March 6th, the bulls took control and pushed the asset north. In the following days, BTC firstly reclaimed the coveted $50,000 before heading...
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