Category: XRPTUSD

Ripple Price Forecast: XRP prepares for massive swing to $0.65 as technical improve

Ripple rebounds after support at $0.37; all eyes target $0.65 in the near-term. The improving technical picture suggests that bulls are back in control. If the immediate resistance at $0.5 is not broken, XRP may embark on the breakdown to $0.35. Ripple dropped like a dead weight in the air amid the declines on Monday […]

Continue Reading

SEC vs Ripple Labs: Defendants Accuse SEC of Ignoring XRP’s Security Status Queries by Exchanges

The first virtual court hearing in the SEC vs Ripple Labs turned out to be quite eventful as the defendant’s Ripple Labs revealed they have proof of the SEC ignoring many crypto platforms and exchange queries regarding the status of XRP as early as 2019. The defendants claimed that SEC had many discussions with several […]

Continue Reading

XRP Price Soars by 15% After SEC’s Ripple Lawsuit Amendment, Can XRP Price Reach $1?

XRP price registered a sharp rise earlier today registering a 15% gain over the past 24 hours and was trading at $0.60 mark. XRP rose to a daily high of $0.63 before registering a minor correction. The altcoin’s rise is also in contrast to the market where the majority of the cryptocurrencies registered minor correction […]

Continue Reading

Another $3 trillion Stimulus? Why America’s Stimulus Madness Will Fuel to Bitcoin (BTC) Prices

The newly appointed Biden-administration is just giving an aggressive push to Bitcoin (BTC) with the move of boosting America’s economic activity. While the Democrats are already working on a $1.9 trillion fiscal stimulus bill a report from Washington Post suggests that lawmakers are already discussing another $3 trillion stimulus package. Additional $3 Trillion Stimulus? Owing […]

Continue Reading

Former SEC Chair Bats For Ripple in the Lawsuit, Calls SEC’s Conduct “dead wrong”

Former SEC chair Mary Jo White has come out in support of Ripple against the regulatory body calling the conducts of the SEC, “dead wrong.” SEC filed a formal lawsuit against Ripple Labs and two of its executives towards the end of December. The lawsuit accused Ripple labs of the unregistered sale of a security, […]

Continue Reading

Ripple Price Prediction: XRP prints massive bullish outlook amid signals of colossal breakout

Ripple is getting ready for a breakout as long as the bull flag pattern on the 4-hour chart is confirmed. Holding above $0.5 remains key to the upward momentum. XRP is still under the impact of the gravitational force following the rejection at $0.65. Ripple has sustained the price above $0.5 for a couple of […]

Continue Reading

Breaking: 500.com Acquires Third-Largest Mining Pool BTC.com From Bitmain

500.com, a former Chinese lottery website that turned into a mining business announced the acquisition of BTC.com’s mining pool from Bitmain in a share exchange offer. The offer saw Bitmain acquire 10% of 500.com’s current 44,353,435 Class A ordinary shares of par value US$0.00005 per share. BTC.com was ranked third in terms of hash rate input […]

Continue Reading

Just-In: Russian State Duma to Consider New Bill on Cryptocurrency Taxation on Feb. 17

The Russian State Duma has approved a draft bill cryptocurrency taxation on February 15th, 2021 that would be up for consideration on February 17th, 2021. The new draft bill proposes certain amendments to the Russian federal tax code to levy a tax against crypto transactions after prohibiting its use as a currency back in January […]

Continue Reading

XRP Update: Ripple Labs and SEC Joint Letter Rules Out Possibility of a Settlement

A joint letter released by the SEC and the legal counsel of the Ripple Labs has quashed all rumors of a possible out of court settlement by the two parties, suggesting the defendant in the case would fight the legal battle in the court itself. The rumors about a possible settlement were rife when Jeremy […]

Continue Reading

Ripple Price Analysis: XRP breakdown could continue to $0.4 amid a worsening technical picture

Ripple breaks down from the resistance at $0.65, leaving open-air for bears to explore. XRP’s short-term analysis suggests that the least resistance path is downwards. Ripple will continue with the uptrend if the 50% Fibonacci level support holds. Ripple has been rejected from last week’s high of $0.65. This is the first time the cross-border […]

Continue Reading