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Ripple (XRP) is Down 20.8% But Will 30 Cents and Q1 Support Hold?

Ripple (XRP) is down 20.8 percent Spain’s Santander expanding; opens a UK and Poland payment corridor Banco Santander is opening a new corridor from the UK to Poland via its One Pay FX app. Efficient, attention is back to Ripple, which is under pressure to…

Ripple Price (XRP) Holding Ground While Ethereum & Bitcoin Takes Hit

Ripple price broke the key $0.3200 support level to extend losses against the US dollar. The price even spiked below the $0.3000 support area and traded to a new monthly low at $0.2955. There is a major bearish trend line forming with resistance at $0.3200…

Japanese Crypto Exchange Hacked in $32 Million Heist, Markets Oblivious

Following the demise of one of Poland’s largest crypto exchanges last week, news is breaking today that one in Japan has just been hacked. Bitpoint Suspends Services An official announcement today stated that Japanese crypto exchange Bitpoint has suspended services following a heist to the…

Japanese crypto exchange Bitpoint hacked, lost $32 million

Japanese cryptocurrency exchange Bitpoint has announced today that it has been hacked, losing about 3.5 billion yen ($32 million) in cryptocurrencies, including XRP. The funds were stolen from “hot wallets,” and out of 3.5 billion yen, about 2.5 billion yen belonged to customers, and the…

Ripple Price (XRP) Could Underperform: Recovery Could Face Hurdles

Ripple price declined heavily below the $0.3800 and $0.3500 support levels against the US dollar. The price even traded close to the $0.3000 support level and it is currently correcting higher. There is a new breakout pattern forming with resistance near $0.3320 on the hourly…

Ripple Price (XRP) Down 10%: Primed For More Losses

Ripple price started a major decline after it failed to stay above the $0.4000 support against the US dollar. The price declined heavily and broke the $0.3850 and $0.3750 support levels. There is a new connecting bearish trend line forming with resistance near $0.3850 on…

Ripple (XRP) Bleeding, Down 10.5% May Retest Q1 2019 Support

Ripple (XRP) drops 10.5 percent SWIFT and rival platforms are not Ripple’s competitors Christine Lagarde will take over from Mario Draghi. According to analysts plus her previous comments on Ripple, this is bullish for XRP. However, that is not enough to prop XRP, which is…

Bitcoin Is Surging While Ripple Price (XRP) Price Remains Vulnerable

Ripple price failed to break the $0.4080 and $0.4100 resistance levels against the US dollar. The price declined recently and broke the key $0.4020 and $0.4000 support levels. This week’s followed key bullish trend line was breached with support near $0.4015 on the hourly chart…

IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users

A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts and issue…

Ripple Price (XRP) Eyes Fresh Weekly High: Bitcoin Breaks $12.5K

Ripple price remained in a positive zone and traded higher from $0.3860 against the US dollar. The price is now trading well above the $0.4000 level and it could continue to rise in the near term. Yesterday’s highlighted major bullish trend line is intact with…

Ripple Boost: ECB Changes To White House Links, Will XRP Recover?

Ripple (XRP) retesting 40 cents, stable in the last day Change of leadership at ECB could be supportive for Ripple and blockchain in general Christine Lagarde will take over from Mario Draghi as the head of ECB. As a blockchain and crypto believer, her entry…

Singapore government proposes to exempt value-added tax on cryptocurrencies

The government of Singapore is planning to end goods and services tax (GST) (or value-added tax (VAT) as known in some countries) on cryptocurrencies that function or are intended to function as a medium of exchange.  The Inland Revenue Authority of Singapore (IRAS) published draft…