Ripple CTO, David Schwartz, reported that his YouTube channel was suspended on April 29. This news comes several days after his company filed a lawsuit against the social media platform, although the two events may not be related. "Weirdly, YouTube just decided to suspend my channel (SJoelKatz) for impersonation," Schwartz said in a Tweet. "I wonder who they think I was impersonating." The suspension comes after Ripple's lawsuit against YouTube The CTO's YouTube suspension occurred roughly eight days after his company, Ripple Labs, and company CEO, Brad Garlinghouse, filed a legal claim against the social video platform. The lawsuit stated …

The Bitcoin (BTC) whales have not been perturbed by the sharp rallies or the waterfall declines in Bitcoin in the past three years. As Cointelegraph recently reported, some major whales have not moved their Bitcoin holdings for an average period of 4.7 years. This suggests that the early adopters are in for the long game and they believe that the best is yet to come. The creator of the popular stock-to-flow (S2F) model Plan B has updated his model. This has led to a revision in the forecast of Bitcoin from $100,000 to $288,000 for the period between 2020 and …

Crypto traders seem to be approaching the Bitcoin halving without any fanfare. Bitcoin’s (BTC) price action has been marginally positive in the past few days but it has only recently overcome the sharp crash of March 12. When the markets approach an important event without the overhang of huge expectations, it does not have to worry about disappointment and large-scale liquidation of positions. This could turn out to be in favor of the bulls. According to the Crypto Fear & Greed Index, trader’s sentiment that had remained in the “extreme fear” zone for seven weeks has improved to fear. As …

Ripple has long occupied a controversial position in the cryptocurrency industry. The ascension of Ripple’s in-house token, XRP, to the position of the second-largest cryptocurrency by market cap was enough validation for some that the company was set to play a major role in the industry for many years to come. However, since those halcyon days, momentum has slowed, and aside from a few notable blips, the company has been dogged by rumors and a steady decline in XRP’s value. Ripple fails to make waves online Because of the ambitious philosophical goals at the heart of the cryptocurrency ecosystem, it …

The total crypto market capitalization has bounced from just below $200 billion on April 22 to over $214 billion at press time. This is a positive sign as it shows that the sentiment is to buy the dips. If the market capitalization rises above $217 billion, it would open the gates for a rally to about $250 billion. A positive sign during the recent bullish move has been that along with Bitcoin several altcoins have also shown strength. As Bitcoin halving nears, tweets regarding “halving “ have picked up and are currently ranked second among the topics discussed related to …

The Ripple Army has sent more than 8.5 million XRP to known fake airdrops and YouTube giveaway scams in the past year, according to a new community site set up to combat fraud on the blockchain. XRP data aggregator xrplorer, which is still in beta, posted the data to Twitter on April 23, said that XRP holders had withdrawn six million tokens in 2019 and sent them to addresses associated with giveaway scams. It reported almost three million people have done the same so far for 2020. Source: Twitter Funds from these crypto scams ended up on nearly every major …

Recently, altcoins have been showing strength as Bitcoin (BTC) has just broken a key resistance level. Notably, ChainLink (LINK) and Tezos (XTZ) have been moving up more than 150% in the past month. However, in the recent week, Stellar Lumens (XLM) have been surging upwards, while XRP price is also starting to look stronger on the charts. Can we expect substantial altcoin movements in the coming weeks? Let’s take a look at the charts. Crypto market daily performance. Source: Coin360 USDT pair holds crucial level for XRP XRP USDT 12-hour chart. Source: TradingView The 12-hour chart is showing a promising …

Ripple looks to have lost its second executive of 2020 after Head of XRP Markets, Miguel Vias, updated his LinkedIn status to signal the end of his tenure with the company. Vias joined Ripple in late 2016 after a five year role as CME Group’s Global Head of Precious Metals Options. In his three and a half years at Ripple, Vias was in charge of devising a partnership strategy for xRapid, and oversaw XRP sales exceeding $1 billion in value. Miguel Vias’ LinkedIn status shows the end of his 3.5 year tenure at Ripple. Source: LinkedIn The sudden end of …

The recent carnage in US crude oil futures and the selling in Brent affected the equity markets but did not cause any noticeable fall in the crypto markets. This is a positive sign as it suggests that the crypto markets are gradually decoupling from other assets that are perceived as risky. A recent Bloomberg report outlined several reasons to support their view that Bitcoin is ready for a bull run in 2020. According to Bloomberg, “the unprecedented monetary stimulus” in the wake of the COVID-19 crisis will benefit both gold and Bitcoin. It has said that Bitcoin will become digital …

Wednesday, April 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time. This mid-week rise comes after Bitcoin (BTC) broke the $7,000 mark for the third time this week. Market visualization courtesy of Coin360 Bitcoin price is currently up by 3.72% on the day, trading at around $7,079 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 5%. Bitcoin 7-day price chart. Source: Coin360 An experienced trader told Cointelegraph that it is important that Bitcoin broke the $6,950 level. He also explained that keeping …

Ripple Labs filed a lawsuit against Youtube LLC in the Northern District of California on Tuesday April 21. The case seeks damages for Youtube’s failure to stop XRP (XRP) scammers and impersonators. The plaintiffs, named as Ripple Labs and its CEO Brad Garlinghouse, are taking action against Youtube to “prompt an industry wide-behavior change and set the expectation of accountability,” according to an official company blog post. Ripple and Garlinghouse say the scam - often referred to as “The XRP Giveaway” — has already defrauded victims of “millions of XRP valued at hundreds of thousands of dollars”. The lawsuit lodges …

WTI crude oil price today plunged over 92% to hit an intraday low of $1.1 per barrel at press time, a level which none of us would have even imagined to see just a few months back. This year alone, the asset class is down by over 98%. Excess production, a sharp drop in demand due to the ongoing pandemic, margin calls and the rising popularity of electric cars are some of the factors that have soured sentiment in the asset class. Though the fiat currencies have held up well during the current crisis, the incessant money printing, loss of …