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New Ripple-Led Advocacy Group to Pay DC Lobbyists in XRP

Ripple is leading a number of organizations launching a lobbying group in Washington D.C., Business Standard reported Friday.

Dubbed Securing America’s Internet of Value Coalition (SAIV), the group includes, apart from Ripple, the RippleWorks Foundation; Coil, a company developing a solution for digital payments; Hard Yaka, an investment firm focusing on digital assets; and PolySign, a company…

Bitcoin Risks Return to December Lows After Price Drop to $3.5K

After breaching key support on Sunday, emboldened bears could soon push bitcoin (BTC) prices back towards $3,100.

Following a drop to a 3.5-week low of $3,476 at 16:00 UTC yesterday, the cryptocurrency closed at $3,516, effectively invalidating the bullish view put forward by the higher low of $3,566 carved out on Dec. 27.

That move also added credence to the bearish reversal signaledby the 9…

Why Traders Should Chart the Entire Crypto Market Cap

Market capitalization gets a lot flack for being a poor metric to measure the value of a cryptocurrency – and perhaps rightly so – but that shouldn’t stop traders from using it as a tool to generate a market bias.

To summarize: the market capitalization of a cryptocurrency is a function of market price multiplied by the circulating supply, so its fluctuating value ends up visually mimicking…