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“# XRP price will fall to new lows vs. Bitcoin if this famous chart pattern plays out ” Ripple blockchain’s native token XRP could make a full bearish price swing against Bitcoin (BTC), as per a classic technical indicator. Dubbed as Head and Shoulders (H&S), the pattern develops when an asset forms three peaks atop…
“# Court denies SEC access to Ripple’s legal advice ” Ripple has scored another win in its ongoing legal battle against the United States Securities and Exchange Commission as the court has denied the SEC access to Ripple’s legal advice. Magistrate Judge Sarah Netburn of the District Court for the Southern District of New York…
“# May 8 ‘day to watch’ for Dogecoin amid warning DOGE can suffer XRP style crash ” Dogecoin (DOGE) is surging and Bitcoin (BTC) is limping, but one analyst predicts that this week will burst the DOGE bubble. In a series of tweets on May 4, popular Twitter account lowstrife highlighted similarities between Dogecoin and…
“# Ripple wants go public after settling SEC lawsuit, SBI CEO says ” 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 Japanese financial giant SBI Group, claimed that Ripple plans to…
“# Ripple co-founder thinks Bitcoin should move away from proof-of-work ” Bitcoin code contributors need to consider a move away from the cryptocurrency’s proof-of-work consensus mechanism, Ripple co-founder Chris Larsen argued. In a Wednesday blog post, Larsen outlined major PoW-related vulnerabilities, noting growing concerns over Bitcoin’s carbon footprint. According to the executive, PoW-based coins like Bitcoin (BTC)…
“# Institutional XRP inflows surge as AUM nearly doubles ” Institutional investors have rallied around XRP this past week, with the assets under management, or AUM, or XRP investment products nearly doubling. According to CoinShares’ weekly digital asset fund flows report, roughly $33 million flowed into XRP products this week, pushing the sector’s AUM up…
“# SEC loses a battle to win the war? Ripple dissociates from pumping XRP ” When the United States Securities and Exchange Commission filed legal action against Ripple Labs and its top-two executives in December, alleging that its XRP coin was in fact a security and that the firm had raised over $1.38 billion through…
“# $420M in leveraged long traders liquidated after XRP rallies to $1.96 ” XRP holders couldn’t have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14. In addition to achieving its highest level since January 2018, this robust price increase…
“# XRP price soars to new highs after recent legal victories and relisting rumors ” XRP price broke out to a new multiyear high on April 13 as a surge of trading volume in the early morning hours continued into mid-day. Data from Cointelegraph Markets and TradingView shows that XRP registered a low of $1.42…
“# Enterprise blockchain solutions rally as businesses get hip to crypto ” The mainstream adoption of blockchain technology continues to pick up steam as stories like Microstrategy using Bitcoin (BTC) to pay bonuses for its board of directors and Topps announcing plans to release nonfungible token collectible trading cards make headlines on a almost daily basis. As…