Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Ripple
Ripple Price Analysis: What’s Next for XRP Following the Recent Crash?
After undergoing a significant decline, breaching multiple crucial support levels, Ripple’s price has found stability near the important $0.5 mark. However, the cryptocurrency is currently in a sideways consolidation phase around this threshold, displaying minimal volatility. Ripple Price Analysis: Technicals By Shayan The Daily Chart A detailed analysis of the daily chart indicates that after a substantial downward movement, Ripple has reached a critical juncture around the $0.5 mark, where it has found support and entered a consolidation phase. Despite…
1 year ago
Ripple CEO Prepares for Supreme Court Showdown with SEC Over XRP
Ripple CEO Brad Garlinghouse remains committed to challenging the SEC’s stance on XRP to the Supreme Court. Legal battles over cryptocurrency regulations intensify, with potential implications for asset classification and industry standards. Following recent updates from CNF, Ripple’s Chief Legal Officer, Stuart Alderoty, has called for U.S. Congress intervention amid the ongoing regulatory challenges. He urges Congress to halt funding for the SEC, emphasizing the need for legislative support to navigate the complex landscape of cryptocurrency regulations. Continued Legal Battle…
1 year ago
Crypto vs SEC : What if the SEC Wins? The Potential Ripple Effects on Crypto Markets
The post Crypto vs SEC : What if the SEC Wins? The Potential Ripple Effects on Crypto Markets appeared first on Coinpedia Fintech News In The Wolf Den’s recent report, they tackle a critical question: what if the SEC wins against the cryptocurrency industry? While industry players often exude confidence in their resilience, this report urges a deeper consideration of the potential aftermath if the SEC Wins the regulatory war. Let’s step in to know the consequences if the SEC…
1 year ago
Important Ripple vs SEC Development, Bitcoin (BTC) Price Retreat, and More: Bits Recap April 18
TL;DR After hitting a record high of around $73,800, Bitcoin (BTC) experienced a sharp correction to nearly $60,000. Despite the downturn, the upcoming halving on April 19 might trigger a bull run. Ripple is gearing up for a trial against the US SEC set for April 23. This legal battle continues to capture attention, with significant updates expected soon. Despite a recent 22% drop in its market value, Shiba Inu (SHIB) shows signs of potential recovery. Factors such as an…
1 year ago
Ripple vs. SEC Lawsuit Update: Preparing for April 22nd as Supreme Court Showdown Looms
The post Ripple vs. SEC Lawsuit Update: Preparing for April 22nd as Supreme Court Showdown Looms appeared first on Coinpedia Fintech News Amidst regulatory challenges and court disputes, Ripple Labs Inc. continues its legal battle with the U.S. Securities and Exchange Commission (SEC), a conflict that has significant implications for the cryptocurrency landscape. Exploring the Legal Terrain As Ripple and the SEC lock horns over the classification of crypto assets, the debate intensifies over how these digital tokens should be…
1 year ago
Ripple Supply Shock Alert: Locked Amount in XRPL AMM Pools Exceeds 2.2 Million
The XRP locked in AMM pools on the XRPL ledger has surpassed 2.2 million, leading to speculation that it could lead to a supply shock in the Ripple ecosystem. After a bullish start, the AMM feature was hit by a bug earlier this month, leading to a mass exodus, but it has since recovered and is growing at a rapid pace. The XRP Ledger (XRPL) continues to grow at a rapid pace, and its decentralized finance (DeFi) world is proving…
1 year ago
Solana (SOL) Fails to Break Crucial Resistance, Ripple (XRP) Offers 25% Upside as NuggetRush (NUGX) Eyes DEX Listings
● Solana (SOL) price remains in an uptrend but faces resistance at $200, presenting potential buying opportunities on pullbacks to $160 support. ● Ripple's XRP token is outperforming other altcoins, up 4% this week, with the potential for a 25% upside move if it breaks above $0.75 resistance. ● NuggetRush, a new play-to-earn meme coin, successfully completed its presale, raising $3.8 million, and is now preparing for upcoming DEX listings. Most top altcoins are currently in the "correction mode," with…
1 year ago
Important Ripple vs. SEC Lawsuit Update: Here’s the Next Step
TL;DR Ripple’s Chief Legal Officer touched upon the recent rumors of a settlement between the company and the US SEC, outlining key court dates set for April and May. The trial between the entities is set to begin on April 23 and could significantly influence the future price of XRP and the broader cryptocurrency market. Are the Enemies About to Shake Hands? An important event related to the legal spat between Ripple and the United States Securities and Exchange Commission…
1 year ago
Ripple & Polkadot Traders Anticipate Massive Gains on Groundbreaking Exchange, Fezoo During Presale
Whispers are swirling through the crypto markets, with Polkadot (DOT) and Ripple (XRP) holders placing a bullish bet on the revolutionary Fezoo exchange. But what's driving this interest in a newcomer, and how might Fezoo's features impact the price potential of its own token (FEZ)? Let's delve into the recent performance and historical context of these coins to understand their motivations and Fezoo's potential growth trajectory. Polkadot (DOT): Seeking DeFi Nirvana Beyond Ethereum's Bottlenecks Polkadot (DOT), currently priced at $8.54,…
1 year ago