The United States equity markets and the cryptocurrency space are witnessing a relief rally this week. Supporting the rise in risky assets is the U.S. dollar index (DXY), which retreated from its multi-year high. Generally, cryptocurrencies move inverse to the price of the U.S. dollar, but this week's bounce does not necessarily mean that bulls' […]
Bitcoin (BTC) continues to face a tough battle near the psychological level of $20,000 as the bulls and the bears attempt to assert their supremacy. Trading firm QCP Capital said in their latest market circular that funding rates on derivatives markets were stable and bearish conditions were fading. Another ray of hope for the Bitcoin […]
Following the drastic drop in crypto prices, the crypto market is looking to get on the rise again. Most large-cap coins started this week with healthy gains, and investors expect to see a comeback before the end of the week. Already, several assets are demonstrating a potential for big gains. As a result, we have […]
The sharp fall in cryptocurrencies has pulled the total crypto market capitalization below $900 billion. According to CoinGoLive, 72 out of the top-100 tokens have declined in excess of 90% from their all-time highs. In comparison, the top-10 coins have outperformed during the fall, dropping an average of 79% from their all-time high. Bitcoin (BTC) […]
Key takeaways: Brad Garlinghouse has stated that Ripple has been preparing for crypto winter with a significant cash balance; thus, the company can keep hiring. As someone who has weathered a few downturns over the years, Mr. Garlinghouse believes the crypto bear market ‘too shall pass.’ He also requests regulator clarity regarding whether XRP is […]
The XRP token witnessed a significant price surge, right after the news of the bipartisan crypto bill made headlines. Amidst the bearish crypto market sentiment, the 7.6% rise in price resulted in a wave of optimism among investors. And many believe that if the bill passes, the price of XRP is very likely to explode. […]
The United States equities markets extended their decline to start the week on June 13. The S&P 500 hit a new year-to-date low and dipped into bear market territory, falling more than 20% from its all-time high made on Jan. 4. The cryptocurrency markets are tracking the equities markets lower and the selling pressure further […]
Ripple price started a fresh decline from the $0.4200 zone against the US dollar. The price is now trading above $0.35 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3900 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could […]
The United States equities markets tumbled on June 10 after the consumer price index (CPI) report showed inflation soaring 8.6% from a year ago, the highest increase since 1981. The latest figures show that talks of inflation having peaked were premature and according to Bloomberg, investors are pricing in the key interest rate of 3% by […]
The Ripple price prediction shows that XRP is slightly ranging as the market continues to respect the $0.40 support. Ripple Prediction Statistics Data: Ripple price now – $0.39 Ripple market cap – $19.3 billion Ripple circulating supply – 48.34 billion Ripple total supply – 99.98 billion Ripple Coinmarketcap ranking – #7 XRP/USD Market Key Levels: […]
Bitcoin (BTC) continues to trade in a range with the local tops and bottoms coinciding with increased whale activity in the region, according to on-chain analytics resource Whalemap. The range-bound action in Bitcoin has kept the analysts guessing and a few expect the consolidation to continue for some more time, while others anticipate another leg […]
The crypto market continues in its crusade to avoid a second consecutive month of losses. Coin prices continue to stabilise, fighting off selling pressure that seems to originate primarily from the traditional stock market. With this struggle expected to continue in the interim, investors need to find cheap cryptos to buy that offer the best […]
Ripple, a prominent business blockchain solutions provider, has partnered with Lunu, a crypto-terminal operator and a payment provider that deals with premium retailers to enable German luxury and high-end retailers to receive payments using cryptos. With the new partnership, the retailers will be able to exchange cryptos for fiat money where the Ripple Liquidity Hub […]
After nine successive weeks of red weekly candles, Bitcoin (BTC) printed a green weekly candle on June 5. Leading into this week, buyers kept up their momentum with a strong weekly open that boosted BTC price to $31,800. Going forward, traders might keep a close eye on the Consumer Price Index (CPI) data for May which […]
Ripple co-founder Jed McCaleb sold nearly 70 million XRP over the past two weeks, data from XRPscan shows. According to the data, the “tacostand” wallet has sold 69.11 million XRP, with over 20 million of these hitting the market in the past six days. Overall, the latest selling started on 24 May, coinciding with a dip […]
Ripple price started a fresh decline from the $0.4500 zone against the US dollar. The price is now trading below $0.42 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.4100 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could […]
The total supply of XRP circulating in the market is now at 48.3 billion from the total XRP supply of 100 billion. XRP whales currently hold from 1 million to 10 million XRPs and are on a massive hoarding spree with an uptick in supply stretching out to a two-month high. These active XRP whales […]
Quick take: Brad Garlinghouse has stated that Ripple could consider the possibility of an IPO after the SEC lawsuit. Rumors of a Ripple IPO have been circulating in the crypto-verse from as far back as 2020. XRP continues to be a top ten digital asset according to market capitalization, and a conclusion of the SEC […]
The United States equity markets are attempting a recovery after weeks of relentless selling. Along similar lines, on-chain monitoring resource Material Indicators expects the crypto market to recover, but they anticipate Bitcoin (BTC) to spend some time in a range before “a real breakout.” The seven-day moving average of the on-chain transaction volume tracked by […]
Ripple (XRP) has plummeted to $0.43, with bears now skyjacking the market following a tremendous drop in the past week. While the price seems to have improved in the past couple of days, the bulls have somewhat shoved bears to their current market movement. The past week did not look suitable for Ripple traders and […]
Following the massive dump in the past week, Ripple price regains its stance on a long trend. Moreover, bulls must tower the bears in this current market momentum. Last week wasn’t a good trading week for Ripple buyers, as the XRP token recorded a massive 42% loss. As a result, the week closed below $0.4255. […]
