The currency of the blockchain-powered online payment platform, XRP, has gained almost 60% in the past week, the NewsBTC reported. After briefly dipping to $0.34 five days ago, the token climbed back and traded around $0.52 this morning. Crypto influencer Ben Armstrong claims to know the reason behind this continuous climb amid the current general […]
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Tag: Ripple
XRP Consolidates, Is It Going To Retrace Now?
XRP among other leading altcoins have been consolidating on its chart. Bitcoin slid below the $30,000 price level which has dampened the price action of altcoins. Over the last 24 hours, XRP made no price movement. In the last 24 hours, the altcoin gained a minor 2.4%, the NewsBTC writes. On the chart, the coin […]
Ripple (XRP) Price Picks Up As SEC Legal Showdown Drags On
As NewsBTC announced, Ripple (XRP) rallied to $0.439217 Friday from $0.377384 on Thursday in the face of an ongoing Securities and Exchange Commission lawsuit following the comments of William Hinman, former SEC Corporate Finance director. William Hinman: Ether Not a Security A judge has granted the request of SEC to file a reply concerning the […]
XRP Faces Rejection At Key Resistance; Here’s What On-Chain Metrics Suggest
XRP has been on a downtrend owing to a lack of demand for over a week now. The coin has retouched a multi-month low at the time of writing. Broader market weakness also remains to be blamed along with a whirlwind of regulatory roadblocks owing to SEC vs Ripple’s lawsuit. Overall it hasn’t been a […]
Ripple Had Its Strongest Year Ever Despite The Sec’s “Attack On Crypto”
Ripple Labs managed to stay strong in 2021 despite the Securities and Exchange Commission (SEC)’s “attack on crypto”, AKA the lawsuit against Ripple and its executives. Now the payments solutions company celebrates its “strongest year ever”. Ripple CEO Brad Garlinghouse announced the achievements and had some comments to share about the SEC’s case. Ripple’s first On-Demand Liquidity […]
XRP Price Eyes $1.50 Next After Bouncing 30% in Just 10 Days
The XRP price chart is painting a golden cross while rising inside an ascending channel, the Cointelegraph reported on October, 11. XRP has a good chance of hitting $1.50 in the fourth quarter of 2021 after painting a bullish crossover between its 20-day and 50-day exponential moving averages (EMA). The so-called Golden Cross has appeared multiple times on […]
SEC Takes Blow In Action Against Ripple, Will It Impact XRP Price?
XRP holders have scored a new victory. A lot has passed since December 2020, when the Securities and Exchange Commission (SEC) filed its case against Ripple Labs. Things started in the regulator’s favor, but with every new development, the situation seems to be changing. According to a document published by the United States District Court of […]
Analyst Warns of Broad Correction in the Cryptocurrency Market
Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. A Correction in Crypto Market Appears to Be Brewing, Says Analyst Vanda Research published a report Monday warning of […]
Ripple (XRP) Turns Green, Here’s Why The Bulls Could Aim $2
Ripple started a fresh rally above the $1.50 barrier against the US Dollar. XRP price is likely to surge further if it clears the $1.75 and $1.80 resistance levels, the NewsBTC predicts. Ripple is gaining bullish momentum above the $1.55 and $1.60 resistance levels against the US dollar. The price is now trading well above […]
Ripple Wants Go Public After Settling SEC Lawsuit, SBI CEO Says
The largest outside-Ripple shareholder believes that the XRP-related firm will go public shortly after settling its lawsuit with the SEC, the Cointelegraph reported. Major cryptocurrency company Ripple has not given up on its plans to go public despite its ongoing legal battle with United States regulators, according to SBI Group’s CEO. Yoshitaka Kitao, CEO of […]