July 2024
XRP: Bullish Sentiment vs Bearish Reality – Will the Price Break Through?
XRP’s price action remains a head-scratcher for investors. Despite a 3% gain in the past day, the coin finds itself stuck in a holding pattern, battling strong bearish undercurrents. While a recent wide-ranging doji bar hints at potential buying pressure, overcoming technical hurdles remains a challenge. Technically, XRP’s mid-April downtrend continues. A decisive close above […]
Fight for Transparency in Cryptocurrency Markets as Ripple vs SEC Battle Heats Up
In the ongoing legal saga between Ripple and the U.S. Securities and Exchange Commission (SEC), recent filings have added new layers of complexity and controversy. The SEC’s latest response to Ripple’s arguments has stirred significant debate about regulatory clarity and the enforcement of penalties in the crypto industry. SEC Challenges Ripple’s Use of Binance Ruling […]
Bitcoin Plunges Below $60,000 Amid Mt. Gox Repayment Fears: What’s Next for BTC?
Bitcoin (BTC) saw a significant drop on Wednesday, July 3, falling by 3.04% to close at $60,216. This decline followed a 1.25% loss on Tuesday, July 2, and was largely driven by market jitters surrounding the impending Mt. Gox repayment to its creditors, a factor that continues to impact the broader cryptocurrency market. The Mt. […]