Key Insights Large crypto transactions of over 120 million XRP tokens have been wired across three major crypto exchanges. XRP’s price noted minor recovery at press time. With the Ripple lawsuit expert discovery coming to an end, XRP HODLers are expecting a positive outcome. For most of the last week, the larger market seemed to … Read more
Ripple (XRP) price has continued to bounce back after falling by more than 70% in a correction between April 2021 and January 2022. Why The XRP/USD 50-Week EMA is Key? On Feb. 13, XRP/USD reached as high as $0.916, above its 50-week exponential moving average (50-week EMA; the red wave) around $0.833. The upside move, … Read more
Such notes are pre-decisional and deliberative, and piercing the SEC’s privilege is unwarranted because Garlinghouse’s “need for the [notes] is significantly reduced” given his presence at the Meeting”, the SEC argued. The SEC has filed its opposition to Brad Garlinghouse’s motion to compel the turnover of notes taken by Matthew Estabrook. The “Estabrook notes” refer … Read more
XRP remains one of the most popular altcoins of the past 4 years, yet price action has slowed — will XRP ever grow majorly in price again? XRP is the native token of a digital payment platform called RippleNet and is the 6th largest cryptocurrency by market cap.XRP has consistently been in the top 10 … Read more
Bitcoin (CRYPTO:BTC) has been trending downward in 2022. As of this writing, it is down 22% for the year, with no sign of slowing. The bearishness started in late 2021. BTC delivered a positive return for the whole year, but started showing weakness in June. In November, it began to fall after a brief ascent. … Read more
Ripple has mostly remained on the sidelines in the past year despite other cryptocurrencies reaching record highs. Fortunately, XRP is springing back to life as the prolonged court case with SEC seems to be reaching an end, that too in favor of Ripple. This has triggered Ripple’s price to aim for a comeback in 2022. … Read more
Key Support level: $0.70 Key resistance levels: $0.96, $1 Despite high volatility and bears pushing the market in the red, XRP has managed to remains somewhat stable and continued to consolidate in the blue pennant (represented in blue on the below chart). Price remains in a key range between $0.70 as support and $0.96 as … Read more
Attorney James K. Filan has shared his first impressions on the legal memos, saying they are overall favorable to Ripple as it shows they were not reckless. The documents suggest the opposite: Ripple was being careful. The court ordered the unsealing of much-awaited legal memos on XRP by law firm Perkins Coie LLP. The documents … Read more
We will soon know if Ripple’s executives were warned of the possibility of an SEC lawsuit ahead of XRP’s launch. Ripple’s court battle with the United States Securities and Exchange Commission has recently seen new developments that, according to some observers, could foreshadow an impending resolution of this massively consequential case. Feb. 17 marks the … Read more
The question, made by Nathan Smith on an XRP Army live session hosted by Scott Powell and “Crypto Eri”, is what all XRP holders ultimately want to know. In the meantime, attorney John Deaton was able to bring the voice of over 65,000 XRP holders to the court after being granted Amicus Curiae status, which … Read more