Tag: Altcoin News

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Crypto Market Sentiment at the Verge of Positive Zone; Stellar Takes Top

On this last Monday and last day of November, we find the combined moving 7-day average crypto market sentiment score (sentscore) for the top 9 coins by market capitalization standing at 5.98 – and even though it’s just slightly higher than last week’s 5.92, it’s now just below the positive zone limit, as seen in…
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XRP Deemed a Security Wouldn’t Harm Ripple, but Might Hurt US – CEO

Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg Technology XRP being declared a security in the US would not harm Ripple, but might hurt the country’s purse, said Brad Garlinghouse, CEO of the American blockchain company focusing on payments technologies. "My very strong opinion [is] that it’s very hard to look at XRP as a…
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Bitcoin and Altcoins Respond To Key Uptrend Support

Bitcoin price failed to recover above the USD 17,350 and USD 17,500 resistance levels. BTC is showing a few negative signs, but it is still well above the USD 16,500 and USD 16,250 support levels. The price is currently (13:00 UTC) trading around USD 17,000 and attempting upside towards USD 17,350. There was a minor…
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Limited Facebook’s Libra Might Be Launched in January – Report

Facebook-led digital currency Libra is preparing to launch as a single coin backed one-for-one by the dollar as early as January, the Financial Times reported, citing three undisclosed people involved in the initiative. The other currencies and the composite would be rolled out at a later point, the report said, adding that the exact launch…
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Bitcoin and Altcoins Sell-off Settles, Possible Recovery Underway

Bitcoin price started a major downside correction below the USD 18,000 level. BTC declined over 10% and it even spiked below USD 17,000. Finally, the bulls were able to protect the USD 16,500 support level and the price is currently (13:00 UTC) recovering above USD 17,000. Also, there was a strong decline in most major…
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Bitcoin Eyes Fresh ATH, Altcoins Hold Gains, XRP Rallies

Bitcoin price remained stable above the main USD 18,800 support level. As a result, BTC started a fresh increase and climbed above USD 19,000. The price is currently (13:00 UTC) trading near the USD 19,200 level and it seems like the bulls are eyeing a fresh high above USD 19,500, moving closer to a new…
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Ripple-SBI Bond Intensifies Again with XRP Lending Plans in Pipelines

There appears to be no end in sight for the crypto bullishness for long-standing Japanese Ripple partner and financial services provider SBI – with the firm’s SBI VC Trade crypto exchange this week announcing the launch of crypto lending service, with firm plans to start allowing XRP holders to lend their tokens back to the…
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Ripple Seeks New Hire to Bolster XRP and CBDC Ties

XRP-affiliated American blockchain giant Ripple has posted a job advertisement as it looks to recruit a Senior Director for Central Bank Engagements – the clearest indication yet that the company is planning to increase its focus on central bank digital currency (CBDC)-related initiatives on the XRP Ledger (XRPL) in the near future. In the ad,…
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Penny Altcoins Rally While TikTokers & Co Go on a Pumping Spree

Before the top cryptocurrency by market capitalization, bitcoin (BTC), made a strong move and surpassed USD 19,000 today, coins below USD 1 were enjoying their rally as the best performers among the top 100 today, yet their 24-hour trading volume combined is lower than BTC’s, while it seems like TikTok has assumed an important role…
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Interest in XRP Highest in Two Years as Price Rides A Rollercoaster

The interest in the term ‘XRP’ has reached its highest point in more than two years, as the price of the third-biggest cryptoasset by market capitalization has more than doubled in a week. According to Google Trends, the interest in this Ripple-affiliated project is now highest it has been since the late September 2018. The…
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