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Tag: XRP

Bitcoin and Ethereum Correct Lower, Key Supports Nearby

 Bitcoin price could revisit the USD 48,000 support zone.Ethereum might find bids near USD 4,200, XRP is struggling to stay above USD 0.80.XTZ is up over 25% and trading above USD 5.20.Bitcoin price attempted an upside break above USD 52,000 but failed. BTC started a fresh decline and traded below USD 50,500. It is currently (12:07 PM UTC) declining towards USD 49,000 and it could even test the key USD 48,000 support zone.Besides, most major altcoins are also moving lower. ETH topped near USD 4,420 and declined below USD 4,300….

Bitcoin and Ethereum Take a Pause, BTT and XTZ Rally

Bitcoin price is struggling to clear the USD 52,000 resistance.Ethereum struggled above 4,400, XRP is consolidating above USD 0.80.BTT extended its rally by 26%, while XTZ jumped 32% in a day.Yesterday, bitcoin price started a steady recovery wave above the USD 50,000 level. BTC even cleared the USD 50,500 and USD 51,200 resistance levels. It is currently (04:28 UTC) facing resistance near USD 50,500 and might move lower.Besides, most major altcoins are losing steam. ETH topped near USD 4,420 and is currently correcting gains….

The Year in Cryptocurrency — 2021 Popular Reads on JD Supra | Beacon Insights by JD Supra

The SEC’s action against Ripple, NFTs, Dogecoin, smart contracts, and more … here’s a quick look at some of the most well-read posts covering cryptocurrency matters, all aspects, on JD Supra during 2021:

Ripple Responds to the SEC’s Enforcement Action – by Matt Stankiewicz at the Volkov Law Group
SEC vs. Ripple Could Make Waves in Cryptocurrency Market – by Alon Kapen at Farrell Fritz
Ripple Effect: SEC Lawsuit against Cryptocurrency Company May Provide Guidance For Crypto Industry – by Nikhil Mehta at SmithAmundsen
SEC Complaint Against Ripple (XRP) And Possible Regulatory…

‘Ugly’ Bitcoin Bubble Warning As Ethereum, Solana, Cardano And XRP Suddenly Rebound

Bitcoin and cryptocurrency prices have rebounded after a sudden sell-off last weekend wiped around $300 billion from the combined crypto market—with some betting the market is heading far higher.
Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains’

The bitcoin price is now trading almost 30% down from its all-time high of around $69,000 per bitcoin set last month, settling at just over $50,000 after crashing to under $42,000. Smaller cryptocurrencies ethereum, Binance’s BNB, solana, cardano, and Ripple’s…

Bitcoin and Ethereum Gain Bullish Momentum, Altcoins Rally

Bitcoin price gained bullish momentum above the USD 50,000 resistance.Ethereum rallied 8%, XRP could gain pace if it clears USD 0.85.BTT rallied over 65% and broke the USD 0.0040 level.Bitcoin price gained pace above the USD 50,000 level. BTC even cleared the USD 50,500 and USD 51,200 resistance levels. It is currently (12:09 UTC) showing bullish signs and the bulls seem to be aiming for a test of USD 52,500.Besides, most major altcoins are rising steadily. ETH rallied above the USD 4,320 and USD 4,400 resistance levels. XRP…

Bitcoin and Ethereum Clear Key Hurdles, AVAX and MATIC Rally

 Bitcoin price recovered and cleared the USD 50,000 resistance.Ethereum gained pace above USD 4,300, XRP is still trading below USD 0.85.BNB rallied 7%, while AVAX and MATIC jumped over 11%.Bitcoin price started a steady recovery wave above the USD 48,000 level. BTC even cleared the USD 49,500 and USD 50,000 resistance levels. It is currently (04:32 UTC) showing positive signs and it could continue to rise towards USD 52,000.Besides, most major altcoins are also correcting higher. ETH gained pace for a move above the USD 4,250…

Bitcoin and Ethereum Fluctuate, Small Altcoins Suffer Biggest Losses

Bitcoin price fluctuates below USD 50,000.Ethereum trades around USD 4,000, XRP declined below USD 0.80.Many small-capitalization coins are still down over 10%.Bitcoin price attempted a recovery wave above the USD 49,000 level. However, BTC failed to clear the USD 50,000 resistance zone and started a fresh decline to almost USD 47,000. It is currently (12:08 UTC) trying to recover and moving higher above USD 48,000 again.Similarly, most major altcoins are also trying to recover losses. ETH is back above USD 4,000, while XRP is…

Cryptocurrency prices today: Bitcoin trading flat; XRP, Uniswap, Dogecoin fall up to 3.52%

World’s largest cryptocurrency Bitcoin was trading marginally higher today. The price of Bitcoin rose 0.31% to $49,178 on Coinmarketcap. Market cap of the cryptocurrency stood at $931.30 billion.

Bitcoin went for a free fall on Saturday, plunging over 20% to $41,967 as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies.

Currently, the global crypto market cap stands at $2.29 trillion, a loss of 0.66%. Other cryptocurrencies were trading on a mixed note today.

Ethereum rose 0.05% to $4,181 and Dogecoin…

Bitcoin and Ethereum Consolidate, BAT and ALGO Rally

 Bitcoin price is consolidating near USD 50,000.Ethereum is consolidating above USD 4,000, XRP is struggling to stay above USD 0.80.ADA settled below USD 1.40, and SOL broke the USD 200 support.On Saturday, bitcoin price started a major decline from well above USD 52,000. BTC dived over USD 10,000 before recovering losses. It is currently (04:41 UTC) consolidating losses, with a major hurdle near USD 50,000.Besides, most major altcoins traded below important supports. ETH dived below USD 3,550 before recovering above USD 4,000….

Bitcoin price today: Top Cryptocurrency Prices Today: Bitcoin recovers; Dogecoin and Polkadot rally…

New Delhi: The cryptocurrency cartel staged a smart recovery on Friday after profit booking by traders in the last few sessions. Traders lapped up cryptos ahead of the weekend, where they are the only tradable assets.
Barring the XRP, all nine out of the top 10 digital tokens were trading higher at 9.30 IST. Cardano led the gainers, with a 9 per cent rally. Bitcoin and Ethereum also logged handsome gains.
The global cryptos’ market cap inched up marginally to hover around $2.6 trillion mark compared to the last day. However, the total crypto market volume fell over 9 per cent to $114.04…

Bitcoin (BTC) climbs back above $57,000 after sell-off

The value of Bitcoin (BTC) has exceeded the threshold of 66,895 dollars for the first time in his history.Chesnot | Getty ImagesBitcoin and other cryptocurrencies surged Monday after a sharp sell-off at the end of last week.The price of bitcoin climbed nearly 6% in the last 24 hours to $57,373, according to Coin Metrics data. Other digital assets also rose, with ether climbing 7% to $4,331 and XRP up 6% at around 98 cents.Vijay Ayyar, head of Asia Pacific at cryptocurrency exchange Luno, said early reports that the new, heavily-mutated omicron Covid variant came with milder symptoms was…

Bitcoin, Ethereum and Altcoins Nosedive


Bitcoin price failed to extend recovery and declined sharply.Ethereum declined 8%, XRP dived 10%BNB, ADA, DOGE, DOT, and SOL are down over 8%.Bitcoin price failed to settle above the USD 58,500 resistance zone. BTC struggled to continue higher and started a sharp decline below USD 55,000, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa. It is currently (11:32 UTC) down almost 7% and traded to a new weekly low.Similarly, most major altcoins are moving lower. ETH is down 8% and it even tested…

Bitcoin Consolidates, Ethereum Trims Gains, BAT Skyrockets


Bitcoin price extended recovery above USD 58,500.Ethereum broke the USD 4,400 resistance, XRP is stuck below USD 1.05.GALA, LPT, and BAT are up over 29%.Bitcoin price managed to extend gains above the USD 58,500 resistance zone. BTC even cleared the USD 59,000 level, but there was no break above USD 60,000. It is currently (04:45 UTC) consolidating, trading above the USD 57,500 support, and is up almost 1% in a day.Besides, most major altcoins are moving higher. ETH is up 3% and there was a break above the USD 4,400 level. XRP is still struggling to clear the USD 1.05 resistance. ADA is…

Bitcoin and Ethereum Move Higher, BNB Rallies


Bitcoin price is rising and targeting USD 58,500.Ethereum broke the USD 4,350 resistance, XRP reached USD 1.05.BNB rallied almost 8% and it broke the USD 630 resistance.Bitcoin price started a steady recovery wave from the USD 55,500 support level. BTC broke the USD 57,500 and USD 58,000 resistance levels. It is currently (11:54 UTC) rising and there are chances of further gains above USD 58,500.Besides, most major altcoins are also moving higher. ETH broke the USD 4,320 and USD 4,350 resistance levels. XRP reached USD 1.05, while ADA is still well below the USD 1.80 resistance zone.Total…

Bitcoin and Ethereum Try to Recover, SAND Doubles in a Week


Bitcoin price seems to be forming a base above the USD 55,500 support.Ethereum settled above USD 4,250, XRP still below USD 1.05.SAND and GALA are up over 22%.Bitcoin price is trading well above the USD 55,500 support level. BTC is rising and is currently (04:41 UTC) trading near USD 57,500. A close above USD 58,000 could open the doors for a steady recovery wave in the near term.Besides, most major altcoins are showing positive signs. ETH is back above USD 4,250 and it might clear the USD 4,350 resistance. XRP must settle above USD 1.05 to start a steady increase. ADA is trading below the…

Why Delisting Of Cardano On eToro Could Benefit Its Price

Is ADA looking like the next XRP? Rumors of regulatory concerns are flying around as eToro delists the token. Hoskinson argues back calling on the widespread misinformation, he is not worried about ADA’s future.
A recent announcement from eToro seemed to have put Cardano in hot waters. The cryptocurrency exchange said it would be limiting the tokens ADA and TRX for U.S. users.
The alleged reasons for the move were seemingly mysterious, as eToro said it was “due to business-related considerations in an evolving regulatory environment”, but Cardano’s…

Pacific Island Nation of Palau To Launch National Stablecoin Backed By Ripple Tech


On November 23, US-based major cryptocurrency company Ripple made an announcement regarding its new strategic partnership with the Republic of Palau. Specifically, Ripple and the Republic of Palau have teamed up to facilitate the launch of national stablecoin.Palau Makes A Move to RipplePaula’s national stablecoin looks to be the main focus, along with the exploration of its use cases, backed by the XRP Ledger (XRPL). The idea is to create a USD-backed stablecoin that leverages other services in the country, such as enterprise registration.Under the partnership, the exchange will support…

Bitcoin Stuck Below USD 57K, Ethereum Inches Higher, SAND & ZEC Rally


Bitcoin price is still struggling below USD 57,000.Ethereum could face resistance near USD 4,350, XRP is stuck below USD 1.05.MANA, CRO, SAND, and ZEC are up over 18%.Bitcoin price is still facing many hurdles below the USD 58,000 resistance zone. BTC is currently (12:00 PM UTC) consolidating above the USD 55,500 support. A close below this level may possibly spark a sharper decline.Besides, most major altcoins are stuck in a range. ETH is rising towards the USD 4,350 resistance zone. XRP is facing resistance near USD 1.05, while ADA is still below USD 1.70.Total market…

Bitcoin Remains At Risk, Ethereum, Small Altcoins Try to Recover


Bitcoin price is showing bearish signs below USD 57,000.Ethereum is trying to recover above USD 4,250, XRP is still above USD 1.00.SAND rallied further and cleared the USD 6.30 level.Bitcoin price failed to gain pace above the USD 58,000 resistance zone. As a result, BTC started a fresh decline and traded below USD 56,500. It is currently (04:31 UTC) back above this level but still showing bearish signs and it could accelerate below USD 56,000.Besides, most major altcoins are attempting a recovery wave. ETH is back above USD 4,200, and it could rise towards USD 4,320. XRP must settle above…

‘If you call XRP the banker coin, then Bitcoin’s the drug dealer coin’

The United States Securities and Exchange Commission’s lawsuit against Ripple Labs revealed several facets of the regulatory body’s approach towards cryptocurrencies. In fact, many believe the SEC allegedly favored top cryptocurrencies like Bitcoin and Ethereum over the rest of the market.
Matt Hamilton, Director of Developer Relations at Ripple, recently reiterated that narrative. In an interview, he claimed that “the SEC shouldn’t be picking and choosing favorites,” as its Director of Division of Corporate Finance William Hinman did in the past.
During the interview, the…

Bitcoin and Ethereum Hold Crucial Support, Smaller Altcoins Surge


Bitcoin price is struggling below USD 57,000.Ethereum is steady above USD 4,120, XRP nears USD 1.03.SAND extended rally by 42%, CRO gained nearly 14%.Bitcoin price is struggling to clear the USD 57,500 and USD 58,000 resistance levels. BTC is currently (11:30 UTC) consolidating near USD 56,000 support. It could either start a steady increase to USD 60,000 or dive below USD 55,500 in the near term.Besides, most major altcoins are struggling to start a recovery wave. ETH is trading well below USD 4,250, but it is steady above USD 4,120. XRP is trending lower towards the USD 1.00 level. ADA…

Ripple Makes ‘Good Progress’ in Legal Row With SEC, Says Brad Garlinghouse


Source: AdobeStock/Patrik UnterhauserUS blockchain company Ripple is making “good progress” in its efforts to resolve its legal conflict with the US Securities and Exchange Commission (SEC), hoping to end the row in 2022, according to the chief executive.Brad Garlinghouse, CEO of Ripple, said that the legal case, which is centered on the firm’s XRP token, is moving slowly forward, although towards a potentially favorable outcome.“We’re seeing pretty good progress despite a slow-moving judicial process,” the CEO told local broadcaster CNBC. “Clearly we’re seeing good…

Bitcoin and Ethereum Struggle, SAND and EGLD Rally


Bitcoin price started a fresh decline after it struggled near USD 58,500.Ethereum is struggling below USD 4,200, XRP is consolidating above USD 1.00.SAND rallied 31%, and EGLD gained nearly 16%.Bitcoin price attempted recovery wave above the USD 58,000 level. However, BTC failed to gain strength and struggled above USD 58,500. As a result, there was a fresh bearish reaction, and the price is currently (04:58 UTC) trading below USD 57,000.Besides, most major altcoins are showing bearish signs. ETH is trading below USD 4,200 and it could continue to move down. XRP is still above USD 1.00,…

XRP Ledger activates the NegativeUNL amendment on its network

XRP Ledger has activated the NegativeUNL amendment in the system, two weeks after the initial update.

The NegativeUNL amendment is now active on the XRPL. This important amendment provides resilience for the network when multiple validators are offline! 🎉
— Alloy Networks (@alloynetworks) November 21, 2021

The XRPL Foundation noted it as an important event, stating,
“While we continue to expect high performance levels from validators on our UNL, this provides additional safety when validators are offline for any reason.”
And just to reiterate, the “Negative UNL” is a list…

Crypto Market Sentiment Drops


Source: iStock/da-kukDespite barely clinging to the positive zone last Monday, crypto market sentiment has taken a hit over the past week. Compared to last week’s 6.02, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.47 today, according to data provided by the market sentiment analysis service Omenics.Crypto.com coin (CRO), is the week’s winner as it remained almost unchanged. The highest losses are seen by XRP and cardano (ADA), the sentscores of which fell over 15%. But other drops are notable too. Polkadot (DOT)’s sentscore fell…