Important Events That Could Have A Massive Impact On XRP Price
Despite some analysts noting why XRP is unlikely to end on a high, certain macro (and micro) factors could significantly impact the token’s price and possibly see it enjoy the same trajectory it did following Judge Analisa Torres’ ruling in favor of Ripple. SEC-Related Factors Could Impact XRP Price On August 17, the US Securities and Exchange Commission (SEC) was given approval by Judge Analisa Torres to file its motion seeking an interlocutory appeal against her ruling at the Court of Appeals. Related Reading: IPO Frenzy: What Happens To XRP Price If Ripple Stock Climbs To $600?....
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The crypto market is like any financial market and is affected by events according to their outcomes. With the new week has come some important events that will no doubt have an impact on the crypto market and the prices of the digital assets that trade in it. These events are important to keep an […]
Over the last several weeks, there have been some events happening around the world which has affected the economic situations of many people. As time goes on, others have emerged that have continued to have an impact on the crypto market. In this report, we take a look at some of these events and the […]
Stanislav Kozlovski walks us through the most important events for Bitcoin in the first quarter of 2021.
Following the July 10 DDOS and CC attacks at OKCoin, the topic of socialized losses and the negative impact they have on trader’s accounts has come to light again. On Friday, OKCoin announced a 55% socialized loss on the futures contract for Litecoin. Last year BitVC suffered losses of 47% — and quite a backlash as a result. Generally these incidents occur because of the massive speed and volatility of the price dump. A “system loss” results, caused by high leverage and low liquidity. It’s important to note liquidations are not market orders. So when the price moves excessively and the....
Doomsday scenarios are not very popular for an obvious reason, but now and then, it is important to consider what would happen if push came to shove. Bank of England posted their doomsday scenario, to reveal how UK banks would deal with a massive economic shock. While it is important to keep in mind most of these events will most likely not happen anytime soon, it gives valuable insights as to why Bitcoin is so important. Depending on who you pose the question to, banks will either be around for a very long time, or for a handful of years. This has lead to a scenario drafted by the Bank of....