A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, EOS, XRP and Bitcoin SV price movement.
Ripple CEO Brad Garlinghouse expects to see more ‘consolidation’ in 2020 after Visa acquired fintech startup Plaid for $5.3 billion. Will it affect the XRP price?
The CFTC and the SEC are collaborating to identify the status of different cryptocurrencies. But the situation with XRP is still unclear.
As Lightnet has secured a Series A funding, its CEO suggests the funds will be used for more fintech acquisitions. The platform is also planning to expand.
Monday’s recovery was remarkable for XRP to overcome the $0.20 critical level. However, the bulls lost their momentum and XRP declined into a classic U-turn.
Just yesterday, the Binance Futures platform announced its fifth perpetual contract, pairing EOS with Tether’s USDT. And today it’s time for the sixth one.
As Iran attacked U.S. troops in Iraq, Bitcoin has added 5% to its value in the last 12-hour trading period and 15% from the beginning of the year.
Binance Futures has launched another perpetual contract making it the fifth one. According to CZ, Binance plans to expand its offering and create futures for the market’s top 20 cryptos.
The initial capacity of SBI and GMO’s mining center will be 300 megawatts and it is expected to expand to 1 gigawatt by the end of 2020.
XRP is trading higher after the crypto sell-off on Thursday. The session low is at $ 0.1850 which is now the main support and thus far XRP/USD has rejected the bottom.
XRP, the third-biggest cryptocurrency with the market estimation of $8.18B, is consolidating its bearish predisposition market as of the holiday break.
The Turkish Lira was the latest fiat currency that gets the support of the leading crypto exchange Binance in November 2019.
The American economist said that Ripple’s XRP-based solutions address the concerns of modern banking and thrive on the failure of banking systems like SWIFT to adapt to today’s world.
XRP is currently valued at $0.20 per coin. This XRP price is one of the lowest values in over two years.
As the overall cryptocurrency market added $10 billion to its valuations, Bitcoin leads the show with 5% gains. With today’s price surge Bitcoin has recovered by 15% from its weekly low of $6600.