XRP Price Keeps Dropping Despite Ripple’s Swell Announcements: Is $2 Next?

Key takeaways: XRP fell over 9% after Ripple’s Swell event, extending its November losing streak. A bear flag breakdown and looming death cross point to a possible drop toward $1.65. XRP (XRP) has fallen sharply in the hours since Ripple’s flagship Swell conference, erasing much of the short-lived rally seen during the event itself. Swell…

XRP Price Keeps Dropping Despite Ripple’s Swell Announcements: Is $2 Next?

Key takeaways: XRP fell over 9% after Ripple’s Swell event, extending its November losing streak. A bear flag breakdown and looming death cross point to a possible drop toward $1.65. XRP (XRP) has fallen sharply in the hours since Ripple’s flagship Swell conference, erasing much of the short-lived rally seen during the event itself. Swell…

Zcash Leads Privacy Token Rally as Market Cap Surges

While the rest of the crypto space has entered a slump, traders are banking on privacy tokens, with Zcash leading the charge.  CoinMarketCap data shows that Zcash (ZEC) climbed to a high of $655 earlier Friday, reaching a market capitalization of about $10.6 billion. At the time of writing, the rally had cooled and retraced…

New crypto group aims to make unified standards for blockchain transactions

The Blockchain Payments Consortium, made up of several major crypto firms, was formed to create a “common framework that enhances blockchain transactions.” Source link

Ethereum flashes buy signs amid whispers of ‘massive bear trap’: Analysts

Ether’s price fell a “little deeper” than one analyst expected, but said it is still a “great area” to be accumulating the asset. Source link

Ray Dalio warns Fed is stimulating the economy into a bubble

Current fiscal and monetary policies will cause hard asset prices to rise, but both are signs of late-stage economic decay, Dalio said. Source link

Bitcoin bulls retreat as spot BTC ETF outflows deepen and macro fears grow

Bitcoin’s slide toward $100,000 accelerates as ETF outflows, weak earnings and macro uncertainty rattle traders, leaving bulls hesitant to reenter the market. Source link

Ethereum traders flip bullish as rest of market remains fearful

Santiment says online Ether chatter turned bullish, but the Crypto Fear & Greed Index tracking wider market sentiment remains at “Extreme Fear.” Source link

Fall to $3,331 With Whales Buying $1.37B During Breakdown

According to CoinDesk Research’s technical analysis data model, ether ETH$3,364.14 fell 3.3% to $3,331 in the past 24 hours, breaking below the key $3,400 support level despite evidence of aggressive whale accumulation. ETH-USD 1-Month Chart (CoinDesk Data) The decline wiped out recent gains as sellers overwhelmed buyers at crucial price points. ETH posted a lower-high…

Block shares tumble after-hours on Q3 earnings miss

Block Inc.’s third-quarter earnings missed analyst expectations on the top and bottom lines despite strong profit growth in its Cash App and Square businesses. Source link