Ripple started a fresh decline after it failed to stay above $0.3000 against the US Dollar. XRP price is over 20% and it seems like the bears are aiming a test of the $0.2000 support. Ripple started a fresh decline from well above the $0.2800 support zone against the US dollar. The price is now…
In what has had an enormous ripple effect across the crypto industry, the SEC has filed a lawsuit that deems the XRP cryptocurrency token to be an unregistered security. Those on the defensive look to past instances of EOS and KIN as examples of tokens launched that barely got a slap on the wrist, paid…
XRP’s price is showing no signs of ending its tumultuous descent that was sparked by the SEC’s lawsuit against Ripple for conducting an unregistered securities offering This news sent panic throughout the market and caused the cryptocurrency’s price to crash, falling from over $0.50 before the news to lows of $0.20 yesterday Where it trends…
XRP has been slammed over recent days by news that the U.S. Securities and Exchange Commission (SEC) will be suing Ripple the company. The regulatory agency is suing the financial technology company over the sale of XRP. Ripple has denied the accusations leveled against it. As reported by NewsBTC, Ripple’s lawyers wrote: “The SEC is…
Depending on your view, a devastating blow has been dealt to crypto, or a much-needed purge is in progress due to the SEC suing Ripple and two of its top executives for selling XRP tokens which the regulator claims were unregistered securities. XRP dropped dove over 30% on the news, but the carnage might only…
Ripple started a major decline below the $0.4200 and $0.4000 support levels against the US Dollar. XRP price is gaining momentum, but approaching the key 100-day simple moving average and $0.3200. Ripple started a strong decline from well above $0.5000 against the US dollar after SEC’s threat. The price is now trading well below $0.4000,…
Bitcoin is trading a few thousand above its former peak at $20,000, but the spark of a new altcoin season hasn’t yet arrived in the crypto industry. One reason for the delay of the bullish advance is because the total altcoin market cap has gotten itself stuck in the clouds. But as soon as the…
XRP has seen some turbulent price action as of late, with the recent SPARK airdrop giving it massive momentum that sent its price as high as $0.90 on some exchanges, with this proving to be a sell the news event that has caused it to see some serious downside. One black swan event that is…
Last night, Ripple CEO Brad Garlinghouse revealed his company’s expectations that they would be slapped with a lawsuit from the United States Securities and Exchange Commission in relation to the XRP cryptocurrency token. Word spread throughout the crypto community quickly, causing widespread speculation over what this could mean for the greater industry, Ripple executives, and…