The cryptocurrency market has shown a marked recovery from its bearish mood which saw Bitcoin drop below $6,000 to a near 2018 low. While Bitcoin stands at $6,500 today – an increase of over 2% in 24 hours, crypto analysts say that only an upward movement above key resistance at $6,675 would indicate a bullish… […]
Ripple’s cryptocurrency, XRP, has had the year from hell. From its January all-time high it has taken one of the heaviest beatings of all the altcoins and plunged 93% to its lowest level of the year on Tuesday. However, parent company Ripple has probably made more partnerships than any other crypto organization so can things… […]
Ripple is recommending three cryptocurrency exchanges as the “preferred partners” for transacting on its xRapid payments platform.
Ripple Price Key Highlights Ripple recently busted through a descending trend line to signal that a reversal from the downtrend is underway. Price is pulling back to the broken resistance, though, so a retest appears to be taking place. If the former resistance holds as support, price could resume the climb to the swing high… […]
The Chinese State Aerospace Industry is looking to utilizing blockchain technology to update some of its electronic invoicing. According to a government announcement posted by State Administration of Science, Technology and Industry for National Defence, China Aerospace Science and Industry Corporation Ltd will be fulfilling state plans for using blockchain for invoicing for tax purposes. […]
Sometimes the best move is to go against the prevailing sentiment – both when the prices are rising and when they are falling. Is now that time? Let’s see the charts
A Ripple executive has said that the distributed payments service provider is looking to expand their operations in China. However, it seems unlikely that such a move would translate into greater usage of the platform’s digital currency, XRP. Banks Love Ripple but Have Little Interest in XRP The vice president of Ripple’s strategic accounts in… […]
Kingdom of Saudi Arabia (المملكة العربية السعودية) regulators issued a statement this week through its monetary authority. Cryptocurrencies such as bitcoin are illegal in the country. Citing “negative consequences” and “high risk,” the government believes it must protect subjects from themselves. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots Saudi Arabian Monetary Authority […]
The second day of Las Vegas Blockchain Week and the ChainXchange blockchain convention has concluded. Today’s activities included discussions and lectures carried out by prominent cryptocurrency supporters and skeptics, including representatives from Ripple and NEM, as well as Nobel Prize winning economist and perpetual crypto bear Paul Krugman. In the afternoon, research analyst heavyweight Thomas […]
Ripple Price Key Highlights Ripple price recently fell through short-term consolidation to test the bottom of its channel. Support appears to be holding, so price could be due for a pullback to the descending channel resistance from here. The Fib retracement tool shows the potential correction levels where more bears might be waiting. Ripple price… […]
XRP, the world’s third-largest cryptocurrency by market capitalization, fell to its lowest price of 2018 on Tuesday.
A U.S. federal court has ruled to dismiss a motion to remand filed against Ripple in May
Amidst a national currency crisis in Turkey, crypto trading volumes on local exchanges are skyrocketing – will there be an effect on the prices? Let’s see the charts
The price of Ether, the native cryptocurrency of Ethereum, has fallen by 15 percent in the last 24 hours to $305, as other major cryptocurrencies like EOS fell 13 percent. Tokens have followed the price movement of Ethereum, EOS, Ripple, and other major cryptocurrencies, recording 10 to 20 percent losses against the US dollar. But,… […]
Connecticut-based Yale University has produced another insightful Bitcoin theory, this time claiming to have found the most significant predictors for the value of Bitcoin. The momentum effect The momentum effect describes the usual course of the price that tends to move in the same general direction that it has been. For example, if Bitcoin has […]