Cryptocoins News / The Cointelegraph - 2 years ago
The U.S. equity markets opened on a tentative note on May 2 but a minor positive is that the crypto markets led by Bitcoin (BTC) are holding above their immediate support levels. The price action over the next few days will be dictated by the outcome...
Cryptocoins News / The Cointelegraph - 2 years ago
Ripple (XRP) opened in May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend in the coming weeks.Support confluence ra...
Cryptocoins News / NewsBTC - 2 years ago
XRP has been on a downtrend owing to a lack of demand for over a week now. The coin has retouched a multi-month low at the time of writing. Broader market weakness also remains to be blamed along with a whirlwind of regulatory roadblocks owing to SE...
Cryptocoins News / The Cointelegraph - 2 years ago
The U.S. dollar index (DXY) turned down from its 20-year high on April 29 but that has not changed the bearish price action seen in Bitcoin (BTC) and the U.S. equity markets. Equities remain under pressure and this week, Amazon stock saw its biggest...
Cryptocoins News / The Cointelegraph - 2 years ago
The U.S. dollar index (DXY) has risen above the highs created in March 2020 and may next challenge the multi-year highs set in January 2017. Bitcoin’s (BTC) price action is generally inversely connected to DXY. Therefore, unless the dollar reverses i...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) continues to trade below $40,000 as bears try to flip the level into resistance. The soaring U.S. dollar index (DXY), which is usually inversely related to Bitcoin, favors the sellers. However, it is not all gloom and doom because the B...
Cryptocoins News / The Cointelegraph - 2 years ago
Ripple (XRP) continued its correction trend on April 25, falling by 5.5% to reach $0.64, its lowest level since Feb. 28.More XRP price downside ahead?The plunge increased the possibility of triggering a bearish reversal setup called descending triang...
Cryptocoins News / NewsBTC - 2 years ago
Executives of Ripple Labs and the US Securities and Exchange Commission have agreed to prolong the timeline of their lawsuit and postpone court proceedings until the end of 2022, implying that their legal standoff would likely last well into next ye...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) turned down sharply on April 21, maintaining its tight correlation with the U.S. equity markets, which reversed direction after U.S. Federal Reserve Chair Jerome Powell hinted that a 50 basis point rate hike was “on the table” in May. T...
Cryptocoins News / The Cointelegraph - 2 years ago
The U.S. dollar currency index (DXY) turned down sharply after rising above 101 on April 20 but this weakness in the dollar has not helped Bitcoin (BTC), possibly because the S&P 500 is struggling to build upon its strong rally on April 19. This...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) and most major altcoins have started the new week on a soft note and the Crypto Fear and Greed Index has dropped into the “extreme fear” zone, suggesting that investors are still nervous.Bitcoin has declined about 17% year-to-date while...
by COINS NEWS - 2 years ago
Brad Garlinghouse, the CEO of Ripple, attended Blockchain Week in Paris - which kicked off Wednesday. He told attendees that the ongoing case with the SEC is going extremely well. No room for negativity The CEO is becoming increasingly...
Bitcoin News / Bitcoin.com - 2 years ago
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not jus...
Cryptocoins News / NewsBTC - 2 years ago
In an interview with CNBC, Ripple CEO Brad Garlinghouse revealed to feels optimistic about the company’s future and its legal battle. The payment solution company was sued by the U.S. Securities And Exchange Commission (SEC) in 2019 for the alleged...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) remains closely correlated with the S&P 500 but the institutional investors do not seem to be waiting for a turnaround in the United States' equities market or decoupling to happen before buying more Bitcoin. Notably, 30,000 Bitcoin...