Could XRP price lose another 70% by Q3?

Ripple (XRP) continued its correction trend on April 25, falling by 5.5% to reach $0.64, its lowest level since Feb. 28. More XRP price downside ahead? The plunge increased the possibility of triggering a bearish reversal setup called descending triangle. While these patterns form usually during a downtrend, their occurrences following strong bullish moves usually mark […]

Cryptos Waver as Speculators Lose Interest

The chart below shows bitcoin’s total open interest, or number of outstanding derivative contracts on the Chicago Mercantile Exchange (CME), which has ticked lower over the past week. Participation in the bitcoin futures market has waned since peak levels in November of last year, which preceded a 50% drop in BTC’s price. Source link

500 Estonian Crypto Companies Lose Permits After $220B Scandal

Estonia, one of the European Union’s most crypto-friendly countries, is cracking down on hundreds of licensed crypto companies in response to a $220 billion money laundering scandal, according to Bloomberg.  Estonia was among the first EU countries to license crypto companies but has been forced to clamp down after hundreds of billions of dollars of […]