Tag: Ripple
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XRP wins partial victory in SEC case. What is the next move?
Go to YouTube and search XRP. First of all, you may run into my video which I will post below. But notice the titles. Many of them are celebrating the latest fundamental news which came out last week and saw XRP close over 70% higher on the day. Titles of “How much XRP do you…
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The Cryptocurrency Guide for the Perplexed: XRP and the SEC- Is XRP a security?
The court proceedings between Ripple Labs and the Securities and Exchange Commission haven’t come to a conclusion, and we won’t be able to provide any definitive answers to what we as here today, but we can speculate based on the existing information. Determining whether or not the XRP cryptocurrency is a security is really beyond…
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The Cryptocurrency Guide for the Perplexed: Ripple (XRP)
Ripple is the key product of San-Francisco based Ripple Labs. It acts simultaneously as a currency exchange, remittance network and settlement system, and was introduced to the market in 2012 on a distributed, open source protocol that supported fiat currency, cryptocurrency, commodities and other value stores, including mobile minutes and frequent flyer miles. Its cryptocurrency…
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The Crypto Climate Accord and a carbon free future for cryptocurrency
We need to talk about cryptocurrency’s carbon problem. Right now the Bitcoin network alone gobbles up more power than the entire nation of Sweden. That’s a big network. It spits a new block reward of 6.25 bitcoin every ten minutes, each worth approximately $61,568.60 at the time of writing, and Bitcoin is presently down a…
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Why your crypto bets are down and what’s to be done?
Bitcoin’s down almost half of its high point mark achieved earlier this year, and naysayers are chuckling about the things they’ve always known about the currency. Like they always do whenever crypto hits the skids, which it does ever so often. It’s a common occurrence, and common enough that folks involved will keep quiet during…
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DJIA drops 600 points, Bitcoin (BTC-USD) falls USD $2,000, Fear Index (VIX) surges 61%, as Biden hits a wall of anti-vaxxers
According to the “collective wisdom of the markets,” the DJIA is worth 50% more today than it was in March 2020.