The current state of the banking sector has been characterized by chaos and instability, which has led to an increase in demand for cryptocurrencies such as Bitcoin (BTC) and select altcoins. As a result, these cryptocurrencies have seen aggressive buying as investors seek alternative investment options that are not as heavily impacted by the unpredictable…
The most recognized meme coin, Dogecoin, joined the limelight recently, with the altcoin recording attractive surges within the past seven days. DOGE followed XRP (current leader), with its value soaring by 5% within 24 hours. While publishing this post, Dogecoin traded at $0.06606, reflecting a 9% price surge over the past seven days. Surprisingly, the…
Following the US Fed Chair speech yesterday, the crypto market cap dipped below $1 trillion. After trading in a straight line for a while, Bitcoin finally dropped below the $21,000 mark recording a 6-week low below $20,000. All altcoins are trading in the red zone with ETH below $1,500. AVAX, ADA, and SOL Ave dipped…
Cross-border payment facilitator and blockchain company Ripple seems unaffected by its lengthy ongoing case with the U.S. SEC. The company continued to grow with more users and astronomical gains. Goldman Sachs has acknowledged Ripple as a high-profile and reliable payment service provider globally. The banking expert also mentioned the company’s native token, XRP. He stated…
The past year has been a war tussle between Ripple, a blockchain company, and the U.S. crypto regulatory body. The Security Exchange Commission (SEC) and the cross-border payment company have met severally in court, in which the court rulings seem to be in favor of Ripple. U.S SEC Suffer Defeat Again Following Court Ruling The…
The series of law actions between blockchain and cross-border payment company Ripple and the SEC seems to favor the XRP token. The token is currently making bullish momentum, and there are speculations of the token spiking above Solana and others. All the pasts sessions in court have ended up in Ripple’s favor. However, the final…
The current situation in the crypto market seems to be causing turmoil for different companies in the space. The steep decline in tokens, NFT, and cryptocurrency market prices seems to have put many cryptocurrency firms and companies in debt. Despite the bearish eruption in the crypto space, big companies are buying out crumbling platforms at…
Lawyers in the lawsuit against Solana claim that its native token is a centralized asset. They further say it is riddled with insider trading to the disadvantage of retailers. Too Strong Allegations Solana labs have become the most recent crypto firm to be entangled in a lawsuit. The lawyers went ahead to say it is…
There were rumors flying around the market this week about Ripple’s new developments. There is news that the lawsuit between the firm and the SEC is ending soon. There are also filters about the proposed Canadian operation being worked on. As a result of the aforementioned, XRP has gained a significant increase. What the token…
Ripple might be the only cryptocurrency out there that has sustained its performance and value over the years in a consistent fashion. Sure it might not have been able to procure a new all-time high or see an immersive boost or a bullish run to accompany it to reach new heights of performance and value,…
Ripple’s XRP still consolidates within a constricted range, preparing a massive move. Vital Support Areas – $0.75 and $0.70 Critical Resistance Areas – $0.89 and $1 Ripple (XRP) approaches the $0.75 support level after its upward move encountered rejection. As the XRP trend remains flat, it seems price faces condensation in the prevailing structure. Such…
