$119,570.00
1.46%$3,738.40
-1.42%$3.52
-0.99%$795.44
3.36%$203.07
0.80%$0.999889
-0.00%$0.267556
-1.76%$3,722.94
-1.46%$0.887901
-1.56%$0.317229
1.07%$119,445.00
1.44%$45.36
0.36%$0.469414
-1.31%$4,496.78
-1.38%$3.98
-0.88%$19.67
-0.92%$4,008.32
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0.20%$25.67
-0.48%$3,998.19
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0.10%$121.06
3.59%$0.00001528
-2.13%$8.98
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-1.05%$1.00
-0.18%$119,675.00
1.40%$1.001
-0.16%$44.89
0.63%$10.74
-2.17%$324.01
0.99%$0.00001403
-3.21%$4.85
-0.92%$307.93
-4.78%$448.07
-1.89%$0.124486
1.67%$1.19
0.05%$24.30
1.18%$0.48118
-6.30%$3.00
-1.65%$1.12
3.31%$5.39
-1.15%$247.25
0.48%$6.02
-2.24%$0.496618
-4.33%$0.113777
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2.35%$0.00003673
5.64%$0.826081
3.03%$0.04422244
19.46%$0.291331
-2.40%$0.474133
-2.79%$1.00
0.00%$1.34
7.72%$0.02765034
-2.06%$4.54
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-2.71%$0.250895
-2.11%$3,726.90
-1.09%$1.00
-0.15%$11.03
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2.32%$0.804189
-4.81%$216.30
0.87%$0.348566
-1.41%$2.90
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-0.34%$132.75
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4.96%$0.619873
-4.07%$0.085729
-2.28%$1.06
0.01%$3,908.19
-1.01%$4,254.62
-1.36%$119,507.00
1.55%$0.0243249
16.10%$1.68
2.52%$5.23
0.41%$2.17
-2.78%$0.095114
-0.46%$12.04
-1.48%$0.00015288
3.71%$4.99
1.68%$14.98
-2.17%$1.00
0.03%$0.99867
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0.85%$0.88537
0.41%$3,987.69
-1.45%$0.786412
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0.53%$1.001
0.02%$4,036.36
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0.71%$0.0036469
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0.01%$1.27
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0.91%$0.37958
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0.74%$0.633471
-2.33%$0.111981
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1.37%$0.994035
0.63%$795.55
3.80%$265.82
0.37%$0.999241
-0.17%$2.85
3.42%$29.56
6.45%$3,421.21
0.92%$0.962012
-1.14%$0.0197885
1.64%$0.60444
-0.17%$119,425.00
1.23%$120,553.00
1.43%$3.41
-1.64%$1.11
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-3.63%$0.342531
14.84%$0.22814
-4.06%$0.169241
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0.00%$3,414.34
0.89%$0.969052
-1.42%$0.144298
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51.43%$4.81
4.95%$3,993.77
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0.01%$0.438912
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0.62%$0.266895
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2.23%$119,297.00
1.52%$0.999916
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-1.32%$0.065647
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3.68%$0.0000016
0.60%$30.32
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0.94%$0.595833
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0.02%$3,969.08
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2.65%$119,455.00
1.16%$0.554751
4.71%$0.460001
-5.36%$118,904.00
2.44%$45.37
0.21%$3,738.72
-1.58%$4,125.76
-1.26%$0.999772
-0.00%$8.12
-3.93%$1.26
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0.07%$0.073943
0.74%$0.144703
-5.70%$7.30
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0.23%$0.677531
-3.38%$53.28
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-1.19%$0.196031
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0.01%$0.00002397
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1.84%$0.431781
-1.54%$1.46
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4.31%$0.468047
4.41%$0.00887532
0.57%$4,507.36
-0.89%$0.00000046
0.23%$3,717.09
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0.79%$0.092405
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-1.55%$3,734.10
-1.30%$45.21
0.24%$7.41
-0.71%$0.999905
-0.00%$10.76
0.03%$1.094
0.16%$0.998117
-0.38%$0.994554
-2.54%$0.00402794
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-0.62%$1.47
-2.55%$31.22
-0.65%$0.396476
-0.64%$13.44
3.15%$150.31
-1.66%$25.66
-0.45%$4.82
8.49%$1.63
-6.91%$0.591421
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1.04%$0.823106
3.80%$0.00545551
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1.65%$0.03451944
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1.46%$0.869225
-2.38%$0.00402428
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-1.17%$229.29
1.18%$0.334004
17.20%$1.12
-4.85%$3.72
4.68%$3,911.95
-1.63%$7.64
-2.44%$4,205.18
-0.19%Reading
Most cryptocurrencycryptocurrency investors and traders have had plenty of reason to celebrate throughout December and the new year. But the XRP Army is still looking its wound after the US Securities and Exchange Commission filed suit against crypto payments firm Ripple, alleging that XRP is, in fact, a security and that the company’s sales of the asset were illegal.
Since the lawsuit was filed two weeks ago, the price of XRP has dropped sharply—just when the cryptocrypto asset appeared poised to recover from its status as “worst-performing cryptocurrency” in the top 10 for two years running.
While most major crypto exchanges, such as Coinbase and Binance.US, have already moved to either delist or halt trading for the token, there’s at least one that is bucking the trend. Uphold, an “anything to anything” exchange that’s done about $8 billion in cumulative trading volume (according to its own figures), will not take any action to change its course on XRP until there’s a definitive ruling against it.
In a statement today, the company announced that it would continue to support XRP until a final judgment declares the token a security.
"We trust that other Exchanges will adopt a similar stance rather than rushing to judgement ahead of the Court's decision," Uphold said, perhaps taking a shot at its competitors that have preemptively taken action to presumably avoid regulatory scrutiny themselves.
Uphold further criticized the SEC's action, suggesting that the consequences of its lawsuit could be very harmful to crypto investors: "An important part of the SEC's remit is the protection of consumers. It is hard to see how a judgment sending XRP to zero and inflicting billions of dollars of losses on retail investors would square with that remit."
Uphold’s CEO, JP Thieriot, had previously expressed a similar view on Twitter last week. Besides stating that this firm would not delist XRP, Thieriot also cautioned against the rush to judgement on XRP, and the potential effects that classifying it an illegal security would have on the market as a whole.
(1/8) Uphold hopes that due process resolution to the SEC/Ripple dispute can both set the goalposts for token offerings going forward, as well as clear the fogbank of uncertainty that now presumably settles over the Stellars and Filecoins of the world, if not ETH itself.
— JP Thieriot (@JpThieriot) December 30, 2020
"What if punishing the actions of a couple of parties not only directly harms XRP holders (most of whom probably assumed tacit approval after seven years of inaction) but also threatens to harm participants in similar projects?” Thieriot asked in a tweet.
XRP's market cap has fallen by $16 billion, or 63%, since news of the US Securities and Exchange Commission’s lawsuit against Ripple Labs came to light on December 21. The SEC's lawsuit alleges that Ripple Labs has raised $1.3 billion in unregistered securities since 2013 by selling XRP to investors, including those in the US. Blow by crippling blow, the lawsuit collapsed the price of the coin after crypto exchanges suspended trading of the coin and crypto funds liquidated assets. Here’s how th...
Besides Uphold, there are a handful of other trading platforms that operate in the US that are taking a “wait and see” approach to XRP for the time being. BTC Markets, for example, has said it has no plans to drop XRP at the moment, despite the SEC lawsuit. And Revolut, while cautioning its users that XRP “could drop to zero,” isn’t halting trading yet either, according to the Irish Times.
Bitcoin is on a historic run, setting a new all-time high above $122,000 just last week. Can Bitcoin bulls keep the momentum going? At the moment, Bitcoin sits just below $120,000, and the question before traders on the Myriad prediction market is: Can Bitcoin hold above $120,000 by the end of the week? On Myriad, a prediction market developed by Decrypt’s parent company Dastan, traders are almost evenly split, but lean slightly bearish, placing the odds at just 47% that BTC holds above the psyc...
The dick pic epidemic might finally have a cure, and it's not another reporting button or blocking feature. It's an AI sex coach. New data from dating app Flirtini reveals that 78% of women have received unsolicited nudes from people they've just matched with. One in six women surveyed said they're simply exhausted from the constant barrage of genital photography flooding their inboxes. Putting aside the claim that only one in six of women is sick of dick pics, the company has a solution: An AI...
BitMine Immersion shares were up slightly in Tuesday trading, a day after Cathie Wood's ARK Invest purchased $182 million of the Ethereum treasury company's stock, among the latest evidence of the rising interest in ETH-focused investments. BitMine Immersion (BMNR) was trading at about $40.77 per share, according to Yahoo Finance, rising more than 3% on the day. The company's share price has spiked 827% over the past month as the Peter Thiel-backed company has plowed into its Ethereum accumulati...
