With Bitcoin romping to new all-time highs of $23,770 without stopping for breath—and the surge winning coverage in national news outlets that wouldn’t normally touch crypto with a 10-foot pole—curious investors are now examining digital assets for the first time.
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XRP is on a tear, coming close to digging itself out of the Spark hole (Photo: Pixabay-Miloslav Hamřík)Despite a huge day, XRP is still digging out of the red this week
Although XRP has substantially outperformed Bitcoin over the past 24 hours, it’s still flat over the last seven days. Does it have the legs to regain November’s highs?
The crypto sectors’ eyes were mainly on Bitcoin on Dec. 16, as it smashed records and broke $21,000. But it was also a very good day for XRP, which jumped 24% in just 24 hours after a very long, very bad week, making up almost all of the steep losses it saw in the wake of the Flare Network’s Spark token airdrop on Dec. 12.
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Opinion: Why swear words in professional crypto reports just aren’t good enough
With institutional investors and everyday investors entering the space for the first time, discussing crypto issues like you’re in a bar with your mates can’t cut it anymore
The cryptocurrency sector has a language problem. As razor sharp as Ryan Selkis’ analysis may be, it’s quite a sweary read. The word “shit” appears nine times, while “fuck” also gets nine mentions throughout the document. As razor sharp as Ryan Selkis’ analysis may be, it’s quite a sweary read.
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Democratic Rep. Rashida Tlaib believes stablecoins need aggressive regulation (Photo: House of Representatives)STABLE Act could destabilize stablecoins
Industry leaders say the proposed legislation would cripple innovation by subjecting the fiat-backed cryptocurrencies to traditional banking regulations
The Stablecoin Tethering and Bank Licensing Enforcement—or STABLE—Act seeks to “protect consumers from the risks posed by emerging digital payment instruments, such as Facebook’s Libra and other Stablecoins currently offered in the market, by regulating their issuance and related commercial activities,” its sponsors said.
