XRP

Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption

<div class=”featured_image_container”> </div> <strong>Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other types of consensus algorithms have been effective at …

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Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher

<div class=”featured_image_container”> </div> <strong>Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from the same point in time ethereum’s market capitalization has increased from …

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SEC loses a battle to win the war? Ripple dissociates from pumping XRP

When the United States Securities and Exchange Commission filed legal action against Ripple Labs and its top-two executives in December, alleging that its XRP coin was in fact a security and that the firm had raised over $1.38 billion through an unregistered securities offering in 2013, many wondered if XRP would even survive.  Some exchanges …

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‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’ 

<div class=”featured_image_container”> </div> <strong>Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about bitcoin and companies like Coinbase remaining prosperous.</strong> Novogratz Warns of a Crypto …

‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’  Read More »

$420M in leveraged long traders liquidated after XRP rallies to $1.96

XRP holders couldn’t have asked for a better year as the cryptocurrency rallied almost 800% and flirted with a $2 level in the early hours of April 14.  In addition to achieving its highest level since January 2018, this robust price increase signals that investors are not worried about the ongoing SEC “unregistered securities offering” …

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XRP price soars to new highs after recent legal victories and relisting rumors

XRP price broke out to a new multi-year high on April 13 as a surge of trading volume in the early morning hours has continued into mid-day.  Data from Cointelegraph Markets and TradingView shows that XRP registered a low of $1.42 on Tuesday before staging a 34% rally to a high of $1.88. XRP/USDT 4-hour …

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Enterprise blockchain solutions rally as businesses get hip to crypto

The mainstream adoption of blockchain technology continues to pick up steam as stories like Microstrategy using Bitcoin (BTC) to pay bonuses for its board of directors and Topps announcing plans to release nonfungible token collectible trading cards make headlines on a almost daily basis.  As more companies and organizations explore what the integration of blockchain technology can …

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Ripple becomes tidal wave, leads weekend pump and notches legal victories

Amid a weekend pump carrying multiple cryptocurrencies higher, Ripple’s XRP looks to be leading the way with a push as high as 30% on the daily — carried on the back of a string of legal victories and rumors of relisting at some exchanges.  Where Bitcoin and Ethereum are up merely 2.7% and 3.4% respectively …

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Ethereum could go to $10K in 2021 and outperform Bitcoin, says veteran trader

Ethereum is likely to outperform Bitcoin, at least in the short term, said veteran trader Scott Melker in an exclusive interview with Cointelegraph.  [embedded content] Alt szn is upon us Melker sees this period of Bitcoin’s price consolidation as particularly bullish for the second largest cryptocurrency, that recently reached new all time highs. Melker sees …

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Bitcoin Price Jumps Over the $60K Zone, Crypto Economy’s Market Cap Climbs Above $2 Trillion

<div class=”featured_image_container”> </div> <strong>Cryptocurrency markets have gathered fresh gains this weekend, as bitcoin’s value spiked above the $60k handle touching $61,222 per unit during the early morning trading sessions on Saturday (EST). Moreover, a number of digital assets saw price jumps as well, as the entire market capitalization of all 9,190 crypto-assets in existence is …

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