Press Releases News Today TheBitTimes.com

As investors generally reacted to these developments, the judge in the Ripple – SEC lawsuit, Analisa Torres granted the agency permission to appeal the ruling in July causing a massive sell-off in XRP compared to its peers like Bitcoin and Ethereum, which plunged to $25,235 and $1,543, respectively. advertisement XRP Trajectory Mimics Early Days of Apple and Microsoft Stocks Linda P. Jones, the former regional VP at Morgan Stanley Investment Management and the founder of “Be Wealthy & Smart,” an online investment education platform, shared her sentiments on XRP implying it is one of the most valuable digital assets. Considering her extensive experience and knowledge in finance, becoming a Vice President at Morgan Stanley, her views on assets in the digital space are highly regarded. Listeners around the world tuned in to her podcast, where she recently discussed insights from HSBC Bank and Northern Trust, global players in the financial sect...

“U.S. interest rates are rising to multi-year highs. The 10-year yield has pushed to 15-year highs. This is bearish risk assets in general,” Decentral Park Capital trader Lewis Harland said in a comment to CoinDesk. “If this sell-off in bonds continues we could see continued negative price action in risk assets into the weekend.” advertisement XRP Back on the Drawing Board The rumors of Tesla dumping $377 million worth of BTC first appeared in the Wall Street Journal (WSJ), sending shockwaves across the crypto market. XRP, whose market structure was already in a dilapidated state following the correction from July highs of $0.93, quickly became the biggest victim of the selling pressure and plunged to $0.42. XRP/USD daily chart | Tradingview The path with the least resistance holds to the south bolstered by increased short positions with attributes to negative sentiment. A sell signal from the Moving Average Convergence Divergence (MACD) ...