The token has lost more value than former commodities trading giant Enron. The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions. According to Josh Frank of crypto-focused research company The TIE, the project is experiencing […]
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Coinbase plans to suspend trading for the token on Jan. 19 but added it “may be halted earlier as needed.” Major cryptocurrency exchange Coinbase will suspend trading for XRP in response to the United States Securities and Exchange Commission taking legal action against Ripple. According to a blog post published today by Coinbase chief legal […]
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The crypto exchange said the situation between Ripple and the SEC “will take time to reach a resolution.” Crypto exchange OKCoin announced it would delist XRP following the news that the U.S. Securities and Exchange Commission would be pursuing legal action against Ripple. In a blog post released today, OKCoin said its “best course of action” […]
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Though Ripple CEO Brad Garlinghouse is prepared to challenge the SEC over its lawsuit, the knock may be hard to come back from. Just over a month ago on Nov. 24, XRP’s value surged to above the $0.90 mark on U.S. cryptocurrency exchange Coinbase, albeit momentarily, leading many backers to believe that the digital currency […]
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The Bitwise 10 Crypto Index Fund has liquidated its XRP holdings. Bitwise Asset Management, one of the largest crypto fund managers, has fully divested from XRP amid the regulatory backlash against Ripple. In an official press release, Bitwise announced Wednesday that its position in XRP has been liquidated because its fund “does not invest in […]
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Several exchanges have already halted XRP trading after the SEC’s lawsuit against Ripple was revealed. XRP price fell 41% on Binance over the past three days as news of the lawsuit by the United States Securities and Exchange Commission against Ripple became apparent. As a result, several small exchanges have already halted XRP trading. So far, three […]
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America still lags behind countries like China, the United Arab Emirates and Switzerland when it comes to blockchain adoption. As blockchain adoption continues to garner mainstream traction across the private sector, an increasing number of government agencies are too looking to explore the potential of the technology. For example, the United States Food and Drug […]
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Dragonchain will demonstrate its new blockchain-based contest system in a televised contest with a $50,000 prize. Blockchain firm Dragonchain has announced a new contest system, which they claim is “provably fair.” Dragonchain founder and CEO Joe Roets told Cointelegraph on June 25 that the firm has developed a blockchain-based contest system that allows participants to […]
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Binance unveils its own project to rival Facebook’s Libra, Bitcoin’s dominance may not be what we all thought, and WhatsApp plots digital payments launch. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]
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The crypto market is seeing green in general, with Bitcoin price hovering at around $10,150. Thursday, Aug. 22— Bitcoin (BTC), Ether (ETH), and XRP are all in the green. These top three coins fell from Monday to Wednesday, but are moving upwards again. Top cryptocurrencies are generally green across the board. Market visualization. Source: Coin360 […]
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