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“# Altcoins and stocks move higher after Bitcoin price rally to $40,000 ” The price of Bitcoin (BTC) hit a new all-time high above $40,000 on Jan. 7 after the price increased by more than $5,000 in less than 24-hours. BTC/USDT 4-hour chart. Source: TradingView.com The $40,000 barrier marks a significant milestone for the top-ranked…
“# XRP price soars 55% to ‘crucial’ level as Bitcoin notches new high at $38.5K ” Bitcoin (BTC) continued its habit of hitting all-time highs almost every day on Jan. 7 as bulls took the largest cryptocurrency above $38,000. Cryptocurrency market overview. Source: Coin360 BTC price passes $38,500 Data from Cointelegraph Markets, Coin360 and TradingView…
“# Blockchain.com follows other exchanges in delisting XRP ” Popular wallet provider and crypto trading platform Blockchain.com has announced it will be delisting XRP and suspending its trading next week, following in the steps of Coinbase, Binance.US, OKCoin and others. Although, as of press time on Jan. 6, Blockchain.com’s information on supported crypto assets continues…
“# Ripple co-founder Jed McCaleb sold $400 million worth of XRP in 2020 ” Stellar CTO and Ripple architect Jed McCaleb cashed out a whopping $411 million in XRP in 2020, according to an updated report from blockchain analytics account Whale Alert. McCaleb sold 1.2 billion XRP throughout the year at an average price of…
“# XRP whales are sinking fast ” Wallets holding oversized XRP positions are plunging quickly in the wake of the United States Securities and Exchange Commission’s lawsuit against Ripple. Industry data reveals just how quickly these so-called XRP whales are sinking. Coin Metrics, a leading data provider on all things cryptocurrency and blockchain, estimated that…
“# Grayscale dumps XRP: Here’s where it’s putting the cash ” Grayscale Investments, the world’s largest cryptocurrency asset manager, announced Tuesday that it has liquidated its XRP holdings and used the remaining funds to buy up more Bitcoin (BTC), Bitcoin Cash (BCH) and Litecoin (LTC). The decision affects Grayscale’s Digital Large Cap Fund, a market-cap-weighted…
“# XLM price gains 30% in a day as positive sentiment shifts from XRP to Stellar ” Stellar (XLM) is winning the battle of the blockchain payment networks against Ripple this week as sentiment flips in its favor. Data from monitoring resource The TIE confirms that long-term sentiment towards XLM is now higher than towards…
“# XRP enthusiasts seek to force White House’s hand on SEC suit ” As token prices plunge and Ripple prepares for court, a band of XRP enthusiasts have rallied around a petition that may force a White House statement on the recent SEC lawsuit alleging Ripple conducted an unregistered securities offering. A petition filed on…
“# US exchanges are suspending or delisting XRP left and right ” Binance.US, the American branch of the global crypto exchange, and crypto-friendly asset trading service eToro are the latest platforms to suspend XRP trading in the U.S. Announcing the news on Thursday, eToro revealed that U.S. customers will not be able to trade XRP…
“# Top 10 crypto and blockchain stories of 2020 ” The COVID-19 pandemic dominated the news in 2020, affecting myriad sectors — health, economics, social justice, politics and trade, as well as the cryptocurrency and blockchain industry. As country after country locked down to halt the virus’s spread, governments seized upon stimulus payments to preserve…