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Showing posts with the label XRP Analysis

Ripple Acquires Prime Broker Hidden Road in $1.25B Mega Deal

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Ripple Acquires Prime Broker Hidden Road in $1.25B Mega Deal In a landmark move for the digital assets space, blockchain-based payments network Ripple has announced the acquisition of multi-asset prime brokerage firm Hidden Road for $1.25 billion. This acquisition positions Ripple as the first cryptocurrency company to own and operate a global, multi-asset prime broker. Hidden Road, renowned for its institutional-grade clearing and financing services, processes over $3 trillion annually across more tha... crypto news today

XRP Price Soars Past $3 Amid SEC Speculation

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XRP Price Soars Past $3 Amid SEC Speculation For the first time since 2018, Ripple's native cryptocurrency, XRP, jumped above $3 during U.S. trading hours on Wednesday, January 15. This momentous occasion came as rumors circulated that the Securities and Exchange Commission (SEC) leadership under the upcoming Trump administration may reexamine several cases involving cryptocurrency. With an astounding 16% gain, XRP's market value reached $171.5 billion. This rise solidified Ripple's sta... Coinatory cryptonews

MoonPay Partners with Ripple to Enable XRP Purchases for Customers

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MoonPay Partners with Ripple to Enable XRP Purchases for Customers Crypto payments platform MoonPay has announced a strategic partnership with Ripple, allowing its users to directly purchase XRP. In a post shared on X (formerly Twitter) on Oct. 16, MoonPay revealed that customers can now "buy, manage, and store" XRP seamlessly within their accounts. With the addition of XRP, MoonPay users can now buy and sell several major cryptocurrencies, including Bitcoin, Ethereum, and Tether, directly from the app. The ... cryptocurrency news

Ripple XRP Ruling Sets Retail Crypto Precedent: AMLBot CEO

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Ripple XRP Ruling Sets Retail Crypto Precedent: AMLBot CEO The recent Ripple v. SEC ruling has sent shockwaves through the crypto markets, resulting in a significant price surge for XRP. However, AMLBot CEO Slava Demchuk cautions that an appeal by the SEC could disrupt this positive momentum. Last year, Ripple's initial victory over the SEC provided a substantial lift to crypto markets, reinforcing the sentiment that retail crypto investments are not securities. This sentiment buoyed the prices acros... Coinatory news

How can XRP grow by 2000% in 2019?

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In 2018, the "bears" pretty much crushed all cryptocurrencies, but could not undermine faith in them. In addition to Bitcoin, XRP has now become one of the coins most talked about, and today it is becoming increasingly common to hear predictions about its future price. Among the assumptions some are completely insane. One interesting theory was published on The Independent Republic website. It is based on the assumption that in 2019 XRP could grow by 2,000%, reaching $692.3 per coin, and that would mean a market capitalization of $27 trillion. Wow! This is despite the fact that the capitalization of all mined gold amounts to only $7.8 trillion? This theory suggests that such a surge is possible only if Ripple participates in all ... Read more about " How can XRP grow by 2000% in 2019? " on coinatory.com

Cryptocurrency prices analysis and forecast – 8 December 2018

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BTC/USD BTC/USD is being traded at $3,315 and continues to decline. Over the last trading day, sales were observed in almost all liquid instruments. Quotes of most coins once again updated the lows. Now the capitalization rate is at the level of $108B, which is the minimum value since August 2017. Bitcoin almost without resistance broke through the level of $3,600. The minimum from September 2017 was again updated. Now the closest support is around $3,000. At the weekend, the next correctional accumulation will probably be formed. There are no prerequisites for a reversal of the market trend. Therefore, we are likely to see the testing the level of $3,000. This is a historically significant level. The price is very likely to meet with ... Read more about " Cryptocurrency prices analysis and forecast – 8 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 7 December 2018

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BTC/USD BTC/USD is being traded at $3,699 and continues to decline. Another reason for the investors" pessimism was the message that the mining giant Bitmain lost over $ 740M due to the support of Bitcoin Cash hard fork. On this background, the lows of the whole fall were slightly updated. Probably in the short term, the cryptocurrency market will continue to fall within the current downtrend. It is also worth noting that in the area of $3,799 - $7,793 there was an accumulation of limit orders for sale. This is slightly below the technical "balance" zone. Remember that is a dynamic zone. Therefore, in case of returning the price to it, the zone will be adjusted to the area where limit orders are now located. Such a coincidence may give ... Read more about " Cryptocurrency prices analysis and forecast – 7 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 6 December 2018

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BTC/USD BTC/USD is being traded at $3,777 as part of a correctional flat. Over the past day, changes in the cryptocurrency market are minor. The last two days there has been a low activity of the participants when moving sideways. Capitalization during this time decreased by 3.9% to $125B. After the entire market has been reduced to levels more than a year ago and on a neutral news background, participants trade in a range. The continuation of the lateral movement in the coming days is still the most likely scenario. As part of the forecast for December 6, we can expect the continuation of the correction within the limits of the trading range of $4,500 - $3,600. The signal area is located at $4,056 - $4,025. This is a dynamic zone ... Read more about " Cryptocurrency prices analysis and forecast – 6 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 5 December 2018

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BTC/USD BTC/USD is being traded at $3,984 as the part of a correctional flat. The price is trying to turn the area of $4,000 in support zone once again. We will see what will be the result of this in the nearest future. Nevertheless, until the bottom is broken, it’s too early to talk about the continuation of the bearish trend. The technical forecast remains the same. Now the price has returned to the "balance" zone. Further, the price is likely to fall to the local bottom to $3,700. This area has long been intended to be tested by the price. Probably this mark will attract the price until it will be tested. As part of the forecast for December 5, we can expect the continuation of the correction within the boundaries of the t ... Read more about " Cryptocurrency prices analysis and forecast – 5 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 4 December 2018

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BTC/USD BTC/USD is being traded at $3,909 and continues to be traded as part of a correctional flat. The last month of the current year has begun. Crypto world expects events from it compared to similar periods of the past. However, the situation is completely different this time. The past years, Bitcoin ended on a wave of interest and a surge in volatility. The year 2019 will begin against the background of the Great Depression and reflections on the utopian idea of the massive use of crypto actives. The exit from the boundaries of the global corridor will show how exactly events will develop in the last weeks of 2018. Unless of course, the coin wants to stay in its cosy flat. Its upper level is $5,500. The lower limit is a local bottom ... Read more about " Cryptocurrency prices analysis and forecast – 4 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 3 Deсember 2018

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BTC/USD BTC/USD is being traded at $4,198 and continues to stay within the correction. In November, the price of the coin fell to a whopping 37%. This was the worst monthly figure since 2011. At the moment, the coin is being traded on solid volumes. This suggests that the market is relatively involved in spot trading. This reduces the likelihood of strong volatility that appears in the case with low volumes. Now market participants are preparing for the beginning of 2019 and are actively gaining positions. The news background promises that the first quarter of 2019 will be exciting. So, in January it is planned to launch the Bakkt trading platform from the Intercontinental Exchange. Bakkt’s bitcoin futures differ from those already e ... Read more about " Cryptocurrency prices analysis and forecast – 3 Deсember 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 1 December 2018

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BTC/USD BTC/USD is being traded at $4,075 and continues to be in the correction. The previous impulse was not strong enough to overcome at some significant marks. The price did not find the necessary support at higher levels and went lower. It"s not an option to expect the rapid development of the upward correction anymore. Cryptoinvestors do not see any guarantees of growth and are in no hurry to return deposits from the more promising fiat. Partially the "blame" for this lies on the political situation. Constant tensions, harsh statements, inadequate actions and provocations allowed fiat to increase its volatility. As a result, it has become a more attractive tool for speculation. Assets that were traditionally associated with ... Read more about " Cryptocurrency prices analysis and forecast – 1 December 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 30 November 2018

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BTC/USD BTC/USD is being traded at $4,340 and continues to trade as part of an upward correction. November futures contracts, that allow market participants to get profit from the depreciation of the coin, expire this Friday afternoon. In anticipation of this event, an upward correction has been developing on the market for the second day in a row. Since the fall this month has already been for more than $2,000, futures buyers in the region of $5,000 - $5,500 are interested in minimizing losses before its expiration. Therefore, it is likely that the upward correction, as a result, will go precisely to these marks. After that, the bearish trend will resume. As part of the forecast for November 30, we can expect the continuation of ... Read more about " Cryptocurrency prices analysis and forecast – 30 November 2018 " on coinatory.com

XRP consolidates the Bitcoin competitor status

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Ether finally lost the status of the main competitor of the largest digital currency. Now the rival of Bitcoin is the Ripple XRP coin. The market capitalization of XRP is now more than $14.39 billion, while this value for ETH is just over $10.88 billion. The XRP rate is now falling and is about $0.34. XRP takes the second place of the rating for about two weeks and it can be said with confidence now that the ether has practically no chance to oust this token from second place and to become the main competitor of Bitcoin again. The domination index of XRP exceeds 11%, while the share of operations with ether on the market is not more than 9%. November 15, against the background of the start of the largest recent fall in the ... Read more about " XRP consolidates the Bitcoin competitor status " on coinatory.com

Cryptocurrency prices analysis and forecast – 28 November 2018

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BTC/USD BTC/USD is being traded at $3,812 and continues to move sideways with the advantage of further decline. Another news about Bitcoin ETF, this time positive, visited the market. First, the SEC Commissioner Hester M. Peirce, as part of the "What Bitcoin Did" podcast, confirmed the inevitability of accepting this ETF. Secondly, anonymous sources at Bloomberg reported that Nasdaq is preparing to start trading Bitcoin futures and has already aligned its product with the CFTC rules. So, perhaps, we still see the long-awaited Bitcoin ETF in the nearest future. All this can give grounds for the beginning of the development of correctional growth, which was not the case during the entire fall of the coin from November 14. In general, the ... Read more about " Cryptocurrency prices analysis and forecast – 28 November 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 27 November 2018

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BTC/USD BTC/USD is being traded at $3,921 and continues to correct as part of a bearish trend. Over the last trading day, the price could not consolidate above $4,000. As previously assumed, the struggle for this mark caused a rebound. This movement, as we see, turned out to be quite good, however, there is no reason to talk about the reversal of the current dynamics. In the current situation, when the market regularly updates annual minimums, an attempt to determine the bottom is associated with a high degree of inaccuracy. Such attempts will relate more to the field of predictions than to trade and price forecasting. Also, do not forget that the Christmas and New Year holidays are ahead, and for this period the market is likely to go ... Read more about " Cryptocurrency prices analysis and forecast – 27 November 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 26 November 2018

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BTC/USD BTC/USD is being traded at $4,072 and continued the fall. In one week, the cryptocurrency industry lost more than $ 50B. Bitcoin fell by more than 40% in less than two weeks. Over the past weekend, the price has fallen below $4,000 and now it is near the resistance level. The current correction came very close to it from below. Probably in the near future, we will see a fight for this level, which may cause a flat movement. However, neither technical analysis, nor volumes, nor the price itself shows any reversal signals on which to rely. The next support levels will be $3,600 and $3,000. One cannot count on a quick and steady rise from them, it should be at least some upward correction in the market. If this does not happen in ... Read more about " Cryptocurrency prices analysis and forecast – 26 November 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 24 November 2018

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BTC/USD BTC/USD is being trading at $4,354 and continues to show a sideways correction. Over the last trading day, we saw a slight decrease and the update of the minimum of the whole fall. From this, we can conclude that the fall is slowing down and, probably, soon we will see an upward correction. However, the volume is still not in a hurry to grow, so the continuation of the current sluggish consolidation is likely to be observed throughout the weekend. As part of the forecast for November 24, we can expect the continuation of the current correction. It may be noted that before updating the minimum fall, the price went into the zone of the value justified for continued sales, which, by that time, had dropped slightly to the ... Read more about " Cryptocurrency prices analysis and forecast – 24 November 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 23 November 2018

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BTC/USD BTC/USD is being traded at $4,531 and continues the lateral correction. Nothing significant over the past trading day did happen, so all previous expectations remain in force. How long the current phase of the lateral movement will last is not quite clear. Volumes are not in a hurry to grow, so there is a chance that the consolidation will continue until the end of this week. As part of the forecast for November 23, we can expect the continuation of the correction. The zone of the value justified for the continuation of sales has dropped a bit and is located at $4,815 - $4,666. Continuation of the fall is expected when the price is corrected to its marks, either as a one-time peak or after a smooth upward movement from ... Read more about " Cryptocurrency prices analysis and forecast – 23 November 2018 " on coinatory.com

Cryptocurrency prices analysis and forecast – 22 November 2018

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BTC/USD BTC/USD is being traded at $4,558 and is in correction. As expected, the price went to the correctional stage. Attempts to grow are not yet observed, but the zone of the value justified for continued sales is at $4,750 - $4,950. Therefore, as long as this area does not fall below, or the prices do not adjust themselves to its marks, the flat movement will continue. As part of the forecast for November 22, we can expect the continuation of the correction. If the market continues to fall, the correction to the region of the last trading day maximum of $4,747 - $4,787 will be enough to continue the bearish trend. How long the current phase of the lateral movement will last is not quite clear. Volumes for the last day have ... Read more about " Cryptocurrency prices analysis and forecast – 22 November 2018 " on coinatory.com