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“# New petition asks SEC chair nominee Gary Gensler to drop Ripple lawsuit ” The Ripple community has launched a new petition to “stop the war” on XRP. Crypto & Policy founder Thomas Hodge has started a Change.org petition directed at Securities and Exchange Commission chair nominee Gary Gensler, asking him to end the SEC’s lawsuit…
“# Price analysis 4/7: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA ” According to CoinShares, the institutional inflow into crypto products hit $4.5 billion in Q1, which is 11% higher than the intake seen in Q4 2020. This shows that institutional interest is on the rise but the quarter-on-quarter growth has slowed…
“# Ripple wins access to SEC discussions on defining crypto assets as securities ” Ripple Labs has been granted access to U.S. Securities and Exchange Commission documents “expressing the agency’s interpretation or views” on the subject of crypto assets. According to Law360, U.S. Magistrate Judge Sarah Netburn granted the defendants’ motion “in large part,” determining…
“# Bitcoin falls below $58K as Bloomberg eyes $80K BTC price in Q2 ” Bitcoin (BTC) reversed recent gains to lose 1.5% on April 6 as bulls were kept frustrated with no sign of an attack on all-time highs BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Bitcoin will “likely” squash $60,000 resistance Cointelegraph Markets Pro…
“# XRP surpasses $1 for the first time since 2018: What’s behind the new rally? ” The price of XRP has surpassed $1 on April 6 for the first time since March 2018, putting its market valuation at around $47 billion. Moreover, the fourth-largest cryptocurrency in the global market has broken out against the Bitcoin…
“# Nexo faces lawsuit for liquidating $5m in client collateral amid XRP delisting ” United States-based crypto lending platform Nexo is facing a class-action lawsuit over suspension of XRP services on Dec. 23, 2020. Lead plaintiff, California resident Junhan Jeong submitted the complaint on April 1. The complaint accuses Nexo of breaching its user agreement…
“# Price analysis 4/5: BTC, ETH, BNB, DOT, ADA, XRP, UNI, LTC, LINK, THETA ” The total crypto market capitalization reached the important milestone of $2 trillion on April 5. As cryptocurrencies increase in value, they are likely to attract further investments from institutional investors because they can no longer afford to neglect it. Less…
“# XRP price surges 55% to a 3-year high amid push for financial inclusivity ” XRP price saw a 55% breakout over the past two days as the sixth-ranked cryptocurrency by market cap has renewed its focus on the creation of a cross-border payment network that is inclusive and sustainable. Data from Cointelegraph Markets and…
“# Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA ” According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 billion. The bank said,…
“# Price analysis 3/31: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK ” Following in the footsteps of Morgan Stanley, Goldman Sachs has announced plans to allow its wealth management clients to trade in cryptocurrencies and other digital assets. In an interview with CNBC, Mary Rich, the global head of digital assets for…