Biggest Crypto Price Movements of 2019 - FOR XRP
[NEWS BLOG]: Biggest Crypto Price Movements of 2019 - FOR XRP
The start of 2020 is a great time to look at the path travelled by cryptocurrencies up and down the price charts and analyze how these coins have been performing throughout the previous year. The prices of most cryptocurrencies changed tremendously throughout 2019, as the year started off slow but then saw most cryptocurrencies jump in value over the first six months.
However, some like Luna Coin (LUNA) exhibiting a considerable growth of 48,900%. Others, such as Lumen (XLM), lost more than half their price value and tumbled from the pedestal of crypto glory. DogeCoin (DOGE) demonstrated the lowest volatility, which is entering 2020 at the same price as 12 months ago
The biggest move: -30% in November
XRP wraps up the list of disappointments with its 47% drop over a period of one year and a 30% drop in November. While still continuing to fall, XRP set a record for the number of transactions in early December. On Dec. 2, the total amount of transferred assets reached $1 billion, making some users believe that the team behind the cryptocurrency, Ripple, was intentionally crashing the XRP price.
OTHER RELATED NEWS
140.4 Mln XRP Moved in South Korea as XRP Holds at $0.16
XRP seems to be feeling well so far as it manages to maintain the $0.16 level and the third position on the top ten coins’ scale. Investors and holders in South Korea and Japan believe so too and are transferring gargantuan amounts of it both for selling and storing.
140.4 mln XRP moved in Korea and Japan
The Twitter bot which tracks XRP transactions, XRPL Monitor, has spotted several wires on XRP ledger that have moved a jaw-dropping 140.4 mln XRP over the last twenty-four hours. That took around a dozen transactions, totalling $24,247,080.
The majority of those XRP transfers were - read more.
Messaging Giant LINE Wins Japan License for Crypto Exchange Business
LINE, provider of Japan’s most popular messaging app, has just been approved for a cryptocurrency business license in the country.
The news, reported by CoinDesk Japan on Friday, means it will be able to offer its crypto exchange services in Japan where it has 80 million monthly active users. The new platform is to be called BitBox, according to the company.
The license was awarded by Japan’s Financial Services Agency, which indicated on its website that the registration was completed on Sept. 6 in the name of LVC Corp., which oversees LINE’s digital asset and blockchain business units.
LINE President Takeshi Dezawa also disclosed completed FSA - read more.
Ammonium nitrate that exploded in Beirut bought for mining, Mozambican firm says
(CNN) The original buyers of the ammonium nitrate that was left at Beirut's port have told CNN that it had been bought for use in mining.
Fábrica de Explosivos Moçambique (FEM), a Mozambican explosives manufacturing company, told CNN that they were the ones who originally ordered the ammonium nitrate that was left at Beirut's port for nearly seven years.
The order of ammonium nitrate was intended for manufacturing explosives for mining companies in Mozambique, the spokesperson said.
"We can confirm that yes, we did order it," a spokesperson for FEM told CNN.
The ammonium nitrate never made it to - read more.