Market analysts are watching Ripple’s XRP for a potential price surge against the world’s leading digital currency, Bitcoin. XRP, known for its lightning-fast transaction speed and secure blockchain technology, has recently experienced a rollercoaster ride due to its lawsuit with the US Securities and Exchange Commission. However, an XRP and BTC chartist, Cryptoes, predicts a…
XRP price has shown a strong reaction after the (fake) news of the alleged sale of 9,800 BTC by the US government and the subsequent sell-off across the crypto market, staying above the key support. However, XRP investors have yet another damper to digest today. Ripple CEO Brad Garlinghouse said during the Dubai Fintech Summit…
Chief Legal Officer of Coinbase, Paul Grewal, spoke to lawyer John Deaton, host for the Twitter-based podcast CryptoLaw, regarding the exchange’s decision to continue offering Algorand (ALGO). The U.S. Securities and Exchange Commission (SEC) earlier classified Algorand as a security in its charges against the Bittrex crypto exchange. Notably, Coinbase delisted XRP based on regulatory…
Ripple Labs and top whale addresses have transferred 218 million XRP tokens in six transactions. These tokens are worth approximately $81 million at the time of the transactions. Whales Get Busy As Ripple Unlocks Escrow Tokens Whale alert reports that XRP whales moved 168 million XRP across five transactions with the first transaction involving moving…
WeBlogs Founder Jason Calcanis, who also doubles as an angel investor with a large Twitter following, made controversial statements about the XRP cryptocurrency yesterday, calling it a security. Calcanis’ opinions of the native digital currency associated with the Ripple company caused a stir of reactions from the crypto community, earning responses from the likes of…
Ripple is gaining bearish momentum below $0.45 against the US Dollar. XRP price is at risk of more losses if it breaks the $0.40 support. Ripple started a fresh decline from the $0.470 zone against the US dollar. The price is now trading below $0.450 and the 100 simple moving average (4 hours). There is…
Bill Morgan has weighed in on discussions regarding the XRP lawsuit while the crypto community awaits the judge’s ruling. Morgan responded to a Twitter user, Marc Fagel, who’s been debating the XRP lawsuit with John Deaton. Morgan noted that Judge Torres was clear regarding her line of judgment on the Ripple case. Notably, the main…
In a new development, a pro-XRP attorney has shared some startling information that could point toward victory for Ripple in its ongoing securities battle against the United States Securities and Exchange Commission (SEC). This ruling in another case that was similar to what Ripple is currently fighting with the SEC shows there could be a…
Following a sharp increase in value, XRP overcame several major obstacles, improving its outlook. But when the price reached the significant resistance level of $0.5387 on April 19, it lost momentum and fell. XRP has seen a dramatic decline in value, giving up its prior gains. Many investors are now unsure when the momentum will…
Ripple is struggling to recover above the $0.48 resistance against the US Dollar. XRP price could extend losses if there is a close below the $0.44 support. Ripple started a fresh decline from the $0.500 zone against the US dollar. The price is now trading below $0.488 and the 100 simple moving average (4 hours).…