In the wake of the SEC’s lawsuit against Ripple, XRP tumbled from $0.50 to lows of just $0.20… with one analyst making the dire prediction that the embattled altcoin will be a “remnant of history” by the end of 2021. But if the headline-grabbing drama has affected Flare Networks, the project’s done a very good job of hiding it—with the start-up making a slew of announcements as it prepares for launch.
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XRP pump draws in thousands, and victims lose millions
Some crypto enthusiasts are coming to terms with sizeable losses after XRP plummeted at a time when it was meant to surge
In the darkest corners of Crypto Twitter, on the r/WallStreetBets Reddit page, across a myriad of Telegram chats and in Discord messaging rooms, thousands of inexperienced investors were being sold a promise: buy at this time and riches will follow.
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ETH can hit $20K and overtake BTC’s market cap, Raoul Pal predicts
The Real Vision CEO revealed that he is planning to double his ETH allocation—and believes that Ether’s price is following the same trajectory as Bitcoin’s did
Pal also believes Ether has the potential to have a larger market cap than Bitcoin over time. But with a market cap of just $143 billion, the blockchain that brought us initial coin offerings, non-fungible tokens and decentralized finance will have its work cut out to leapfrog BTC’s $570 billion valuation.
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Janet Yellen clarifies crypto stance: Only wants to curtail ‘malign activities’
‘I think it important we consider the benefits of cryptocurrencies and other digital assets,’ the pick for U.S. Treasury Secretary says
The former U.S. Federal Reserve chair said that she wanted to “curtail” the use of digital assets—amid concerns that it could be used for money laundering and the financing of terrorism. But in a written submission to the Senate Finance Committee, Yellen’s approach to Bitcoin and other digital assets seemed to be a little softer.
