Tag Archives: xrpbtc

The past seven days were particularly tumultuous for the cryptocurrency market. The week leading up to Christmas saw massive volatility across the board, and this time, it wasn’t Bitcoin in the spotlight.Nevertheless, the primary cryptocurrency started the week by gaining about $1,500, but it was on Monday when things took a turn for the worse. BTC dropped by more than $2,000, reaching a dollar value of about $22,000. From there, however, it managed to rebound.Yesterday, bitcoin’s price...

A survey conducted by the Australian crypto exchange Independent Reserve shows that over 90% of locals have heard of at least one cryptocurrency. At the same time, nearly one in every five respondents said that they own a digital asset.Crypto Awareness Among AussiesThe Australian-based exchanged highlighted that its Independent Reserve Cryptocurrency Index (IRCI) survey has reached out to “everyday Australians and reflects the nation as a whole,” instead of focusing on digital asset users.The...

Bitcoin’s Christmas continued with a bullish performance as the cryptocurrency has marked another all-time high – this time breaking above $25,000. Most altcoins have also added value, including Litecoin – a 15% surge for LTC has taken it to a new yearly high of about $130.Bitcoin Paints A Fresh ATH Above $25KAfter dumping to $22,700 on December 21st, just five days ago, BTC’s price performance has been quite impressive: The asset overcame $23K and $24K in the following days and, despite high...

BitcoinBitcoin saw a further 7.5% price surge over the past week, with today’s 5% price hike putting it at a new ATH of $24,660. The cryptocurrency had penetrated above  $20,000 on December 16th, and it continued to rise last week until it met resistance at $23,853 (1.618 Fib Extension – purple).The buyers struggled to break this resistance over the last few days as it went on to trade sideways between $23,853 and the support at $22,708 (.236 Fib Retracement).Bitcoin rebounded from the lower...

The landslide of negative consequences for Ripple’s native cryptocurrency XRP continues with full force. While investors caught a small break today as it increased to above $0.38, the price has lost more than 25% in an instant as Bitstamp announced it would halt trading and deposits to US customers on January 8th.In an announcement from earlier today, one of the most popular cryptocurrency exchanges, Bitstamp, has halted trading and deposits for US customers for XRP.According to the release,...

The charges pressed by the US Securities and Exchange Commission against Ripple have started an adverse snowball effect on the company and its native token. With the XRP value plummeting in the past few days and some exchanges delisting the asset, Max Keiser asserted that Ripple is the first of many to fall and the SEC’s actions will ultimately benefit bitcoin.XRP And Other ‘Garbage’ Coins Will Be DestroyedEarlier this week, the SEC pressed formal charges against Ripple, alleging the payment...

Following yesterday’s massacre, the cryptocurrency market has begun its Christmas recovery session. Bitcoin is getting towards $24,000, currently trading less than $500 from a new all-time high, while most altcoins have bounced off hard with impressive double-digit increases.Bitcoin Eyes $24,000The primary cryptocurrency went on a roller-coaster in the past few days with several notable price moves resulting in a new all-time high and a subsequent $2,000 drop.This price action had repeated...

XRP/USD – XRP Attempting To Hold $0.255 SupportKey Support Levels: $0.3, $0.286, $0.25.Key Resistance Levels:$0.35, $0.4, $0.435.Yesterday, XRP suffered a disastrous 52% on the news that the company was being sued by the SEC. The coin dropped beneath $0.5 on Tuesday and went on to break beneath $0.4 yesterday to spike as low as $0.215, where it found support at the November 2020 lows.Luckily, the buyers bounced higher from the November 2020 lows to close the daily candle at the $0.255 level....

Bitcoin’s recent rollercoaster continued in the past 24 hours with another $1,000 move before settling around $23,000. However, BTC’s dominance has spiked as the entire altcoin market has bled out, led by Ripple’s continuous drops.Bitcoin’s 24H Wild RideThe past several days have been particularly volatile for the primary cryptocurrency. Just a few days ago, BTC skyrocketed to a new all-time high of $24,300 before getting rejected and dumping by more than $2,000.Bitcoin recovered most losses...

Following news of the legal action, which alleged that Ripple had been conducting unregistered securities offerings worth $1.3 billion, the price of XRP plummeted heavily.But things are getting worse for the cryptocurrency. The drastic fall in price was just one of XRP’s problems as several crypto trading companies have quickly moved to disassociate themselves from the cryptocurrency to avoid getting hammered by the U.S. regulator. These companies have either delisted XRP or suspended support...