Tag: ripple

Jan 23 2021

What Lawsuit? XRP Price showing Strength! Jump on Board?

Ever since the lawsuit back in December 2020, XRP prices fell from their high of USD 0.75 all the way back to their initial consolidated price of USD 0.17 as investors feared what the future holds for Ripple company. What happened to the price of XRP and how is the price reacting to cryptocurrency market news?...

Jan 22 2021

Ripple price prepares for a 47% explosion following rebound from $0.25

Ripple reclaims two key support levels at $0.25 and $0.27. XRP/USD is awaiting a massive liftoff on breaking above symmetrical triangle resistance. Ripple fell victim to the selling pressure in the cryptocurrency market on Thursday. Like Bitcoin and Ethereum, XRP lost a significant amount of the gains accrued over the last couple of weeks. Moreover, The post Ripple price prepares for a 47%...

Jan 21 2021

Japan Rallies Behind XRP as Ripple Faces US Litigation

Unlike the U.S., Japan considers XRP to be a cryptocurrency, not a security.

Former Ripple CTO Actively Dumping XRP Amid Legal Crisis

Jan 21 2021 Published at Crypto Briefing under tags  markets ripple sec trading

One of Ripple's co-founders has resumed the sale of his XRP holdings, putting significant downward pressure on the troubled token. Dumping Millions of Tokens Ripple's founder and former CTO Jed McCaleb holds more than 9 billion XRP, which he acquired as part of the compensation plan for his role as one of the project's main contributors. Following his departure from Ripple in 2013,...

Biden to Pick Former Ripple Board Member as OCC Head, XRP Jumps

The Wall Street Journal reported that Michael Barr, the former member of Ripple’s advisory board is likely to head OCC.

Former Ripple Board Member Tapped to Lead Biden’s OCC: WSJ

Jan 21 2021 Published at CoinDesk under tags  michael barr news occ policy & regulation ripple

The Wall Street Journal is reporting former Treasury official Michael Barr will replace Brian Brooks as Comptroller of the Currency.

Jan 20 2021

Ripple Price Uptrend In Jeopardy If It Slices Under This Crucial Resistance

Ripple has officially been delisted from Coinbase, thus reducing the buying pressure behind the token. XRP risks freefall to $0.25 if support at the 50 SMA and the 100 SMA fails to hold. Ripple’s potential uptrend to $0.4 a recently discussed, was sabotaged after Coinbase, one of the leading cryptocurrency exchanges, officially delisted it from The post Ripple Price Uptrend In Jeopardy If...

Jan 19 2021

The SEC’s Lawsuit Against Ripple and 2 Execs: What You Need to Know

Stephen Palley, partner at Anderson Kill. and Gabriel Shapiro, partner at BSV Law, discuss the SEC's lawsuit against Ripple and two executives, Chris Larsen and Bard Garlinghouse. In this episode, they explain: what was so "egregious" that the SEC went after two executives, Chris Larsen and Brad Garlinghouse, were...

Ripple price long-term picture screams buy despite SEC woes and uncertainty

Ripple gets ready for a huge liftoff despite the uncertainty posed by the SEC lawsuit. XRP is about to break a symmetrical triangle resistance, likely to give way for gains toward $0.48. Ripple is still trading under $0.3 despite the massive bullish signals as covered on Monday. Whales are currently streaming into the project mainly due to the prevailing...

Jan 18 2021

Ripple Price Set to Break Critical Resistance Barrier for a 40% Explosion to $0.42

Ripple eyes significant breakout above $0.3 if the swings past the descending triangle’s hypotenuse. The number of whales within the XRP ecosystem has rallied extensively since the beginning of the year, suggesting that buying pressure is rising. Ripple is on the verge of a massive breakout amid the extended consolidation. The daily close under $0.3 The post Ripple Price Set to Break Critical...

Grayscale Tosses XRP, Buys Bitcoin, Other Crypto

Top digital asset manager Grayscale Investments has announced its decision to sell all XRP in its holdings. In its place, the company plans to purchase more Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). Grayscale Investments, according to the announcement,...

Jan 17 2021

Ripple is Hiring Director of Engineering for RippleX Platform

Jan 17 2021 Published at CoinDesk under tags  coinflash hires news people ripple

The planned new hire along with a recent expansion show Ripple does not seem deterred by legal troubles in the U.S.

Jan 15 2021

Kraken to Halt XRP Trading for US Residents

Jan 15 2021 Published at CoinDesk under tags  kraken markets news policy & regulation ripple

Clients residing outside the U.S. will be unaffected.

Top 5 Crypto News: 01/15

Bulls entered in the dip and made a daily BTC high of $39,840.73. At the time of press, Bitcoin is trading close to $33,570, and the second-largest cryptocurrency, Ethereum, is trading close to $1,150. Let’s find out some interesting crypto news for today....

Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor

Jan 15 2021 Published at CoinDesk under tags  bangladesh business malaysia news payments

Malaysia's Mobile Money and Bangladesh's bKash will leverage RippleNet for wallet-to-wallet transactions.

Jan 14 2021

Ripple Hits Another Snag as Grayscale Liquidates XRP Trust

Jan 14 2021 Published at Crypto Briefing under tags  grayscale markets ripple sec trading

The debacle around XRP's legal status continues to unfold, with Grayscale liquidating its respective Trust product. This and other negative headlines have severely impacted the altcoin's price. Grayscale Dissolves XRP Trust Ripple made headlines after the U.S. Securities and Exchange Commission (SEC)...

Grayscale Terminates XRP Trust, Cryptocurrency Stays above $0.29

The world’s largest asset manager announced the liquidation of XRP Trust following the SEC’s lawsuit against Ripple.

XRP Battles to Maintain $0.30 as Grayscale Dissolves its XRP Trust

Quick take: Grayscale announced the dissolution of its XRP trust All cash proceeds will be distributed to the XRP Trust shareholders XRP is rather stable at the $0.28 - $0.30 price area Its number 4 spot in terms of market cap, could be under threat from Polkadot (DOT) Grayscale Investments has announced that it will be commencing the dissolution of its XRP Trust...

Jan 13 2021

Grayscale Investments Begins Dissolution of XRP Trust Citing Ripple SEC Suit

Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said.

As XRP Price Fluctuates, Central Banks May Offer Ripple Stability and Growth

In November, Ripple peaked at its highest since 2018’s all-time-high, only to begin a sad bear run to its YTD low of $0.17 on December 19th. Between the end of December and January 12th, Ripple, still a darling of the market, has seen a favorable run back up to $0.29 yesterday. As Ripple peaks, drops, and stabilizes various predictions create a fragile market...

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