Ripple Reduces XRP Quarterly Dumping By $53 Million

Ripple, Inc. has released the report for its operations in the last quarter of 2019. The final period of a rather underwhelming year saw Ripple limit its selling of XRP from its escrow stash. XRP Price Stabilized on Slower Ripple Escrow Selling With XRP stabilizing around $0.22 even after the recent price drop, attention focused on the latest quarterly report. In the last three months of 2019, Ripple sold just $13.08 million in XRP, down 80% from $66.2 million during previous quarter. In Q4, per the smart contract schedule, Ripple…

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Bitcoin Just Slid Under $8,500: Price Must Hold This Level to Satisfy Bulls

Since the day started (PST), Bitcoin has plunged, collapsing from the daily high just above $8,700 to $8,460 as of the time of writing this — a drop of just around 3%. Right now, prices are the lowest they have been in days, nearly a week with BTC failing to maintain the bullish momentum seen last week when the cryptocurrency market surged dozens of percent higher, bringing Bitcoin to $9,200.  With this latest plunge, investors have begun to fear that the rally that brought BTC from $6,400 to $9,200 is…

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