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Tag Archives: xrpbtc

The Bank That Called Bitcoin a Ponzi, Has Now Launched A Crypto Exchange For Institutional Investors

A few months following the soft-launch of the DBS Digital Exchange, the Singaporean multinational banking and financial services corporation announced the release of its digital asset trading venue. In addition, the investment holding company Singapore Exchange has announced it will take a 10% stake in the platform.DBS Digital Assets Officially AnnouncedCryptoPotato reported in late October that DBS Bank has successfully trialed its trading venue enabling institutional investors to access...

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Ripple Price Analysis: Can XRP Bulls Break Out Prior to SPARK Airdrop?

XRP/USD: XRP Looking For A BreakoutKey Resistance Levels: $0.6, $0.7 $0.8Key Support Levels: $0.5, $0.4, $0.3After yesterday’s $35 billion crash in the crypto market, XRP had managed to recovery with roughly 10% gains at the time of writing. Despite the low buying volumes, it is still trading around $0.57 price levels.Meanwhile, the third-largest coin by market cap is holding a correction in a symmetrical triangle for the past weeks. Although, a breakout could be expected soon. The RSI has...

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$400 Million Worth of Ripple’s XRP Transferred to Bithumb, There’s One Possible Reason

Massive amounts of Ripple’s XRP have been transferred to various exchanges, including $400 million sent to Bithumb in three separate transactions. One possible explanation for this could be the fact that there’s the SPARK (FLR) airdrop coming in two days, causing investors to capitalize on the opportunity and receive 1:1 FLR tokens on their XRP holdings. XRP Sent Around in Massive Chunks Over the Past 24 HoursData from the well-known whale-tracking transaction resource Whale Alert shows a...

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Spark (FLR) Airdrop For XRP Holders: Which Exchanges Will Support It And What You Should Know

XRP holders are eligible for the upcoming SPARK token airdrop. The community is getting excited about the event as the date draws near. Only users who hold XRP are eligible for the airdrop, and they will receive FLR based on XRP they have. Below is everything you need to know about it and the exchanges that have announced support for it.What Is An Airdrop? An airdrop means distributing a cryptocurrency or token as rewards or gifts to users or wallet addresses. Crypto projects use airdrops as...

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Waiting For The Next Move: Bitcoin Recovers Following The $2,000 Crash (Market Watch)

Following the steep price drop of nearly $2,000, bitcoin bounced off the $17,600 bottom and has risen above $18,000 again. Most alternative coins have also recovered some of the losses, and the market cap has added about $20 billion since yesterday.Bitcoin Reclaims $18,000After the relatively calm weekend bitcoin had where it dabbled with the $19,000 price tag, the cryptocurrency experienced a significant drop yesterday. BTC went from a high of $19,300 to $18,000 before continuing south to...

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Ripple Price Analysis: XRP Primed For a Breakout Following Stagnation At $0.60

XRP/USD – XRP Remains Inside Consolidation PatternKey Support Levels: $0.556, $0.5, $0.45.Key Resistance Levels: $0.648, $0.68, $0.70.XRP has been trapped inside a symmetrical triangle since the last week of November. The coin bounced from the support at the lower boundary of the weekend but has since struggled to break the resistance at the upper boundary.The coin is quickly approaching the apex of the triangle where we can expect a breakout in either direction. This could happen over the...

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Market Watch: Altcoins Lose Steam As Bitcoin $19K Consolidation Continues

Despite briefly dipping beneath $19,000 after another rejection, bitcoin has reclaimed that coveted level and currently trades above it. Most alternative coins have lost some steam since yesterday and have charted minor losses.Bitcoin Stopped At $19,400The primary cryptocurrency had a mostly calm weekend following the highly volatile week. Bitcoin displayed stagnation around the $19,000 mark with a few unsuccessful attempts to break above $19,400.In the past 24 hours, BTC tried to break above...

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Ripple Price Analysis: XRP Drops 10% Weekly As Bulls Tasked With Defending an Important Level

XRP/USD – Falls From $0.68 After BTC Price DipKey Support Levels: $0.6, $0.55, $0.5.Key Resistance Levels: $0.65, $0.68, $0.718.Last week, XRP dropped from $0.75 to meet the support around $0.5. From there, it started to climb higher over the weekend slowly but was unable to overcome resistance at $0.68 (1.414 Fib Extension) over the past two days.Today, it fell lower in tandem with Bitcoin and spiked as low as $0.557 before rebounding to hit the current $0.625 level.XRP/USD 4HR Chart....

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Following $1000 Weekend Move, Bitcoin Back Above $18K: Cardano Soars 16% (Crypto Market Watch)

After dabbling around $16K – $17K for a few days, Bitcoin has soared back above $18K. Most alternative coins have also increased in value, adding $30 billion to the total market cap in a day.Bitcoin Jumps to $18KFollowing the vigorous price dips from earlier this week that resulted in BTC losing more than $3,000 in hours, the asset consolidated around $17,000 for a few days.Bitcoin charted a few more drops beneath that level. However, the situation changed over the weekend. The primary...

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Ripple Plans To Cash Out 33% Of Its MoneyGram Stake With A Significant Profit

The San Francisco-based payment protocol has filed a document on Friday with the US Securities and Exchange Commission (SEC). It reads that Ripple Labs has entered into an agreement with MoneyGram, which entitles Ripple to sell up to 4,000,000 shares of common stock.Ripple’s option to sell these shares will expire “upon the earliest of March 31st, 2021, the time at which the maximum amount shall have been sold, or the occurrence of certain other customary events affecting the...

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