Category: Ripple

Crypto Market Struggling, Retains $500-$600B Capitalization

The overall cryptocurrency market seems to have stabilized after a correction that lowered its total capitalization to below US$450 billion last week. That said, the market has yet to convincingly bounce back to pre-correction levels, as its market cap continues to drift between US$500 billion and US$600 billion. The Bears are Back November and December saw record highs across most cryptocurrency markets. The total market cap increased a staggering US$350 billion from the beginning of November to its December …
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Major Blockchain Consortium R3 Sues Ripple

R3 Holdco LLC – the operating company behind leading US-based blockchain consortium R3CEV – is suing Ripple. Ripple is the development company of the fourth-largest blockchain network in the world with a US$8 billion market cap. The lawsuit has been filed over R3’s previous agreement to purchase Ripple’s native token XRP at a fixed rate over a specified period of time. Ripple Is Being Sued According to the lawsuit filed by R3, they and Ripple …
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Ripple Technical Analysis for 03/11/2016 – Big Pivot at 0.00002 Broken Today

Today, Ripple finally managed to break above the monster 0.00002 pivot zone that has been strangling the market since the middle of February. Given the prior history of this price level, I would say there is a very high chance that 0.00002 will act as support in the future. Ripple traded as high as 0.00002324 today, however, price was unable to close above the 0.000022 price level! So, what’s so …
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Ripple Technical Analysis for 03/03/2016 – Bear Market Trend Line Broken

Ripple has been sliding lower since hitting the big resistance level at 0.000024, on the 7th of February. However, the downtrend is starting to show signs of weakness. For starters, the market is not technically in a downtrend anymore, as the trend line has been broken and price is currently trading well above that trend line. The big pivot that everyone needs to keep an eye on is the 0.00002 …
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