Something really stupid happened to me recently. I don't want to defend my error, I was just distracted and accidentally transferred about 120$ in WETH to my Binance Polygon address. I remembered correctly using this address before on Polygon, but in fact it only accepts MATIC (and last time I swapped before sending). Now after…
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By popular request, and getting removed without a valid reason: Go to your Reddit Vault by clicking on your profile pic and selecting 'Vault' Click the three dots at the top. Click show recovery phrase. Here, you can copy the phrase, or choose to write it down manually just to be safe. Download and install…
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Hi guys, Venezuelan "living" here! This week we experienced some high devaluation exchange rate went up at least 10% in 5 days! Monthly minimum wage is set in Bs. (Bolivares) so it's automatically less USD. It's 130 Bs. and it started being 30 USD, 10 months ago! When it comes to crypto, it has been…
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XRP price has demonstrated a significant uptick that come with engaging social media tweets and discussing. Does this hint a potential bull run? XRP price amplified by social media mentions during summer Ripple now an official World Economic Forum partner Crypto price bleeds by 10% in 24 hours Related Reading: Tamadoge Makes Noise – Is TAMA A Better Alternative To SOL? Ripple Is Now The Official Partner Of WEF Now, Ripple is an official partner of the World Economic Forum as announced on their website which also adds another layer of credibility and trustworthiness to XRP. The WEF is a Switzerland-based international NGO established on January 24, 1971 and founded by Klaus Schwab, a German economist and engineer. On their partnership with Ripple, the WEF has announced, “Ripple is developing and enabling the future use cases that will catalyze the new digital economy for governments, businesses and consumers.” During summer, Ripple has also shown immense social media popularity and uptick in comments and engagements. Image: Finbold On several occasions, upticks in terms of social media interest brought about profitable opportunities for both stocks and crypto alike. However, despite Ripple’s intense popularity, XRP was not able to benefit from the overwhelming social media hype. On August 19, the crypto has had a 10% liquidation following a drop from the descending parallel channel. The bearish cross that move over both the 8-day and 21-day simple moving averaging darting close to the $0.37 level acted as the catalyst to induce the selling frenzy. XRP Price Sheds 0.35% According to CoinMarketCap, XRP price is down by 0.35% or trading at $0.3384 as of this writing. Meanwhile, traders should practice caution when buying a dip with the target range for the crypto close to $0.28 or $0.24. The bearish thesis invalidation for XRP is set at $0.48. Once this mark is breached, a bull run could happen targeting over $1. XRP price has been affected by the decline in price of Bitcoin which has been down for the past week. Chart from TradingView.com XRP is seen to have dropped by 14% this month after its price has increased steadily by 15% in July. Related Reading: Ethereum Plunges 21% In Last 7 Days, Drops Below $1,600 Affected by the great number of liquidations happening in the crypto market, XRP has experienced extreme liquidations hitting $1,586,572 in the past 24 hours. The decline in token price also triggered a plunged in trading volume. On the daily chart, XRP has posted a double-digit plunge on August 19 that cracked the tight range experienced since July 31. RSI for XRP has also successfully breached into the 50-neutral region which is now tagged as 38. MFI is also at 39 to date. Ripple has had a massive breakdown of network activity since early August. In fact, XRP transactions have plunged by as much as 31% in the past couple of days. Crypto total market cap at $1.26 trillion on the daily chart | Source: TradingView.com Featured image from Kriptokoin.com, Chart from TradingView.com
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Last night before I went to sleep I looked at the charts one last time in hoping to see some green in what had been a red day. Opening up the app I had a vision, I saw the beginning of the end, capitulation approaching and prices dropping to a new low. I now knew…
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Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the United States economy is nothing to get too excited about, as Shark Tank star billionaire Mark Cuban is facing a class action lawsuit for allegedly promoting a “massive Ponzi scheme.” In other news, JPMorgan CEO Jamie Dimon thinks “something […]
I’ll start out by saying I’m probably on the older end of the age spectrum here. I’m pushing 40, 2 daughters and I’m just looking to stay informed. I guess I unintentionally helped adoption early last decade using BTC to buy off Silk Road. Fast forward to 2020 I actually started to invest on a…
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