XRP Crashes To $0.26 as SEC-Triggered Sell Off Swells
XRP has been slammed over recent days by news that the U.S. Securities and Exchange Commission (SEC) will be suing Ripple the company. The regulatory agency is suing the financial technology company over the sale of XRP. Ripple has denied the accusations leveled against it. As reported by NewsBTC, Ripple’s lawyers wrote: “The SEC is […]
Related News
The Dogecoin price has failed to revisit its all-time high of 2021 and is, in fact, trading 75% below its $0.73 ATH after a series of crashes rocked the crypto market. These crashes were spurred by US President Donald Trump declaring an all-out tariff war. Interestingly, the market recovery has once again been triggered by […]
XRP continues to lag behind the rest of the market after a short-lived glimmer of hope brought prices to current levels in late July. And while crypto analysts expect the fourth-ranked cryptocurrency to outperform Bitcoin and Ethereum eventually, a sell setup has triggered on daily timeframes that could send Ripple ripping lower. TD 9 Sell […]
Bitcoin derivatives markets have been seeing significant demand in recent months at the same time bitcoin spot markets climbed to all-time price highs and surged 149% during the last three months. Just recently the leading bitcoin options exchange Deribit announced the launch of both $120k and $140k strikes, and data from skew.com shows some June futures are swapping for $30k. Crypto derivatives have been hot in 2020, as demand has skyrocketed on various trading platforms this year. At the end of November, CME Group outpaced the competition and became the world’s largest bitcoin....
The decentralized finance (DeFi) market has taken a massive hit with the recent crypto market downtrend. The space which had been the breakout star of 2021 had quickly begun losing all of the value accrued during the bull market. This has been a result of major events that have triggered the various crashes. In the […]
In the last few weeks, the sentiment around Bitcoin has turned around as bulls have pushed it past the $100,000 mark once again. Despite the recent drawdown, the BTC price is still bullish, with the market sentiment sitting in greed. However, a new development on the Bitcoin weekly chart could signal an end to the recent bullishness, just like it did back in 2022. Sell Signal From 2022 Reappears Back in 2022, large sell-offs triggered by the crash of the FTX crypto exchange brought an abrupt end to the Bitcoin bull market and plunged investors into months of despair as prices lagged.....