XRP Cryptocurrency Over 13% Up In The Last 6 Hours

XRP Cryptocurrency is currently on bullish momentum by 13.04% in the last 6 hours. At 03:25 EST on Friday, 30 April, XRP is at $1.56.

Social Status

Currently, XRP has 1525204 Twitter followers and 297853 Reddit subscribers.

As of now, on Github, there are 1194 forks, 3789 stars, and 499 subscribers.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, XRP’s crypto is considered to be oversold (<=20).

Other News About XRP

According to Business Insider on Thursday, 29 April, “The issue is at the center of the SEC’s lawsuit against Ripple over its XRP token. “, “Ripple claims XRP is a commodity and therefore out of the SEC’s reach, while the regulator says Ripple ran an unregistered securities offering. “

News about Bitcoin

Nexon joins Tesla in Bitcoin bet with $100 million purchase. According to Bloomberg Quint on Wednesday, 28 April, “A growing number of global firms including Tesla Inc. and Square Inc. have moved to purchase Bitcoin in recent months, with more starting to accept the currency as a form of payment. “, “Firms in Japan, which was an early leader in Bitcoin acceptance, have been slow to join this trend.”

Sofi CEO dives deeper into crypto with Bitcoin, ethereum rewards. According to Bloomberg Quint on Thursday, 29 April, “Mastercard Inc. said this week it was pairing with Gemini, the digital-asset exchange run by Cameron and Tyler Winklevoss, while Visa Inc. said in December it’s partnering with startup BlockFi for a specific card that offers Bitcoin rewards of 1.5% of purchases.”, “Social Finance Inc. is edging deeper into cryptocurrencies, allowing its customers to redeem rewards earned through the company’s app for Bitcoin or Ethereum.”

Bitcoin is facing a make-or-break moment, technicals show. According to Bloomberg Quint on Wednesday, 28 April, “While some dispute the idea that Bitcoin can act as an inflation hedge, the argument has been a key tenet for its bullish thesis and rings true for a lot of crypto fans. “, “No question about it — what drives a big chunk of the interest in Bitcoin has been just the tremendous amount of money that has been printed and will be printed and really the fundamental thought that you cannot have that much money in the system and not have it be inflationary,” said Chuck Cumello, president and chief executive officer of Essex Financial Services.”

SEC punts long-awaited Bitcoin ETF decision to at least June. According to Bloomberg Quint on Wednesday, 28 April, “Crypto advocates will have to wait a while longer for the U.S. regulator’s verdict on Bitcoin exchange-traded fund approval as applications pile up.”, “The delay comes a day before the SEC was due to rule on an application from VanEck Associates Corp., one of at least 11 issuers weighing a Bitcoin ETF, according to Bloomberg Intelligence.”

More news about XRP.