$220M in Longs Liquidated in 1 Hour as ETH Dips Below $2K and BTC Slides to $72K
ETH dipped below $2,000 for the first time in almost three months. XRP went to a local low of its own at $1.02.
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ETH dipped below $2,000 for the first time in almost three months. XRP went to a local low of its own at $1.02.
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Here's the latest on Ripple, XRP, the XRP Ledger, and some controversy around a key figure in the structure.
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Crypto traders are becoming increasingly bearish, but history suggests that widespread fear can sometimes create opportunities for a market-wide recovery.
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David Schwartz's reluctance to buy more XRP has triggered fresh debate over Ripple's business model, adoption claims and expectations surrounding the token.
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XRP has continued its steep decline after a failed breakout attempt in early November, slipping below $1.10 and now trading around $1.06. The asset is approaching the $1.00 demand zone that served as the base of the sharp August rally, making the coming sessions crucial to whether buyers can halt the sell-off before an even […]
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Institutional ETF demand is one factor that could make XRP's current market cycle different from previous downturns.
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Large BTC investors have sold roughly $2.6 billion worth of the cryptocurrency in the last seven days.
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The ETF outflows have skyrocketed as well, though.
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ETH is close to breaking below $2,000, while XRP is knocking on the $1.00 door.
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Data paints a worrying picture for XRP as sellers dominate trading activity and ETF inflows disappear in November.
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Coinbase just cleared a major regulatory hurdle, while several other crypto firms are lining up for their own federal trust bank charters.
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