XRP Likely to Plunge towards $0.20 as SEC Woes Rattle Investors
XRP has seen some incredibly bearish price action as of late, with the selling pressure seen over the past 48 hours coming about due to news surrounding the SEC’s lawsuit against Ripple – the San Francisco-based FinTech startup that is closely tied to the cryptocurrency. The lawsuit claims that XRP is an unregistered securities product […]
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CEO of BTC China, Bobby Lee, spoke to CoinDesk Editor Emily Spaven about the company's triumphs and struggles in 2013, and his vision for the coming year. BTC China has had an interesting year. In April 2013 the company set the world record for bitcoin's highest value, becoming the world's most active exchange by November. A solid regulatory rattle by the People's Bank of China in December saw worldwide values plunge and Chinese exchanges jockey for market share using a variety of strategies. "We think we are a long-term player and we have funding so we're not running away - we're not....
In this episode of "Fed Watch," the hosts discuss the world's three major central banks and their actions in the face of economic turmoil. The post Video: Central Bank Woes appeared first on Bitcoin Magazine.
Ethereum was struck hard by the plunge seen yesterday evening by the aggregated crypto market After setting fresh 2020 highs of $495 alongside BTC’s push towards $19,000, the cryptocurrency saw a rapid and unrelenting plunge that sent it to lows of $450 on some trading platforms This 10% decline occurred over the course of a few minutes and sent shockwaves throughout the entire market It has since recovered from these lows and is now consolidating […]
Bitcoin's price woes this month likely put investors off from purchasing crypto ETPs, pushing volumes into a nosedive.
Bitcoin has been facing some immense selling pressure today that has caused its price to plunge below $30,000 This was previously strong support for the crypto, and it is now testing the support it has at its multi-week lows of $29,000 Where the market trends next will likely depend largely on whether or not buyers […]