XRP Price Fails To Ignite: Understanding The Downward Risks
XRP price is attempting to recover above the $0.4700 resistance zone. The price could decline again if it fails to clear the $0.4825 resistance zone. XRP price is still struggling to gain pace for a move above the $0.4800 resistance zone. The price is now trading above $0.4720 and the 100-hourly Simple Moving Average. There was a break above a crucial bearish trend line with resistance at $0.4710 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might gain bullish momentum if there is a close above the $0.4825 resistance. XRP Price Attempts Recovery XRP price....
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Peng Zhong stepped down as CEO roughly a month after former company head Jae Kwon said he would be leading NewTendermint, part of Ignite's split to two firms in May. Peng Zhong, the chief executive officer of Ignite — formerly Tendermint and backer of the Cosmos ecosystem — has announced he will be leaving the firm.In a Friday tweet to his more than 20,000 followers, Zhong said Friday will be his last day at Ignite, where he has been working as CEO since May 2020. Prior to that, the now-former Ignite CEO was chief design officer at the firm’s Kuala Lumpur and Toronto offices since he....
Ethereum‘s ongoing bullish action hasn’t fully faded yet as the general crypto market builds momentum. While Ethereum’s price has displayed a brief surge, the network continues to show weakness in user engagement, even with recent key updates meant to boost the network’s performance and appeal. On-Chain Engagement With Ethereum Lagging A leading on-chain data analytics […]
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Nearly seven out of ten surveyed Americans said they were aware of risks that are associated with cryptocurrencies, a new study by Nordvpn has found. However, about 32% of the respondents said they were not aware of any risks. Understanding Cryptocurrencies According to the findings of a new Nordvpn study, about seven in ten Americans, or 68% of study participants, said they were aware of the risks involved with cryptocurrency. The study also found that an almost identical number (69%) of all the respondents “had some understanding of what cryptocurrency is.” Despite being....