Following yesterday’s freefall in which bitcoin risked dipping below $60,000, the asset has bounced off and recovered about $2,000 of value. Most altcoins have also regained some ground, with some more than others. Apart from the top performer DOGE, Bitcoin Cash has spiked by 25% and has re-entered the top ten. Bitcoin Reclaims $62K After the latest all-time high registered earlier in the week of $65,000, the primary cryptocurrency reversed its price trajectory. Bitcoin...
Read More »Crypto Price Analysis & Overview April 16th: Bitcoin, Ethereum, Ripple, Binance Coin, and Cardano
This week was quite bullish for the entire cryptocurrency market. Bitcoin charted a fresh all-time high and so did a lot of other cryptocurrencies. Altcoin season is booming as the BTC dominance continues to decline. Bitcoin Bitcoin saw a 4.2% price hike this week as the coin currency sits at around $60,500. BTC had surged higher throughout the week and set a new ATH at around $65,000 on Wednesday. Unfortunately, it could not close a daily candle above resistance at $63,766...
Read More »Bitcoin Slumps Below Previous ATH: ETH Reached $2550 (Market Watch)
After nearing $64,000, bitcoin’s price has plummeted by about $3,000 in a matter of minutes and tested $61,000. Most altcoins have followed along south with the apparent exception of Dogecoin. DOGE has painted a new all-time high at $0.3 after a triple-digit price surge. Bitcoin Falls by $3K The primary cryptocurrency had a mainly bullish week in which it finally overcame $60,000 and went on to register consecutive all-time highs. Following the latest one at just shy of...
Read More »Ripple’s CTO Only Has 2% of His Bitcoins Left
Ripple’s CTO, David Schwartz, has been gradually offloading his bitcoin position for years and is currently left with about 2% of his entire stack. During a recent Twitter threat, he outlined the significance of taking profits while blasting the narrative that investors can’t lose money if they don’t sell during a bear market. Ripple’s CTO Remaining BTC Holdings Schwartz took it to Twitter today to explain his views on a famous saying in the investment community indicating...
Read More »Ripple Price Analysis: Bulls Take a Breather After XRP Touched $2
XRP/USD – XRP Continues To Set Multi-Year Highs Key Support Levels: $1.63, $1.50, $1.41.Key Resistance Levels: $1.77, $1.98, $2.10. XRP surged by a whopping 87% over the past week as the coin currently sits at around $1.7. The cryptocurrency was trading at $1.00 just six days ago but has since shot up higher to break resistance at $1.25 (Feb 2018 highs) and reach highs not seen since January 2018. On Tuesday, XRP surged from $1.40 to reach as high as $1.90. It continued...
Read More »Ripple Price Skyrockets to Almost $2 as CoinShares Launched a Physically-Backed XRP ETP
After launching ETPs for Bitcoin, Ethereum, and Litecoin, Europe’s largest crypto investment firm, CoinShares, has continued expanding its portfolio with the addition of an XRP exchange-traded product. As with the previous similar initiatives, the XRP ETP will be listed on the regulated Six Swiss Exchange, and each unit will be backed by physical tokens. CoinShares Launches XRP ETP Despite the ongoing legal case in the US against the country’s securities regulator, Ripple’s...
Read More »Canadian Broker Enables Bitcoin, Ethereum, and Ripple Payments
The narrative that cryptocurrencies are not used as payment methods continues to be debunked, with numerous companies enabling such transactions lately. One of the largest Canadian brokers, Matrix Mortgage Global, is the latest to introduce payments with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), and some stablecoins. Mortgage Payments with Crypto Founded in 2008, Matrix Mortgage Global enables customers to receive financing on housing that has carried...
Read More »Ripple Price Analysis: XRP At Highest Since Jan-18, Can The Parabolic Move Continue?
XRP/USD – XRP Trading At Highs Seen Only At 2017 Bubble Top Key Support Levels: $1.35, $1.25, $1.13. Key Resistance Levels: $1.51, $1.61, $1.70. XRP has been on an absolute rampage over the past week as it managed to surge by a huge 150% over the period. The cryptocurrency finally broke the $1 milestone level on Tuesday and exploded since then, as it currently trades above $1.4. Earlier today, the buyers continued to drive XRP higher as they reached $1.51 (1.618 Fib...
Read More »Bitcoin Struggling at $60K: Stellar (XLM) Enters Top 10 After 25% Surge (Market Watch)
Despite overcoming its nemesis at $60,000 yesterday, bitcoin’s struggles with that particular benchmark level continue as the asset has dipped beneath it. Most altcoins have also retraced slightly, with the apparent exception of Ripple (XRP), which surged to a new 3-year high of $1.4 following more positive news in the ongoing legal battles with the SEC. Bitcoin Dips Below $60K Once Again After a three-week-long wait, bitcoin finally overcame $60,000 yesterday. Furthermore,...
Read More »XRP Price Surges 40% to $1.4 as Court Disallows SEC to Access Ripple’s Execs Personal Records
The blockchain-based payment processor has registered another win in its ongoing legal battle against the US Securities and Exchange Commission. The Judge ruled in favor of Ripple by dismissing SEC’s request to access Ripple executives’ personal bank records. CryptoPotato reported in early March when the SEC sent subpoenas to six banks requesting personal financial information for Ripple’s CEO Brad Garlinghouse and the co-founder Christian Larsen. The duo objected and...
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