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
Samsung to Release Crypto-Friendly Edition of Galaxy Note 10 Smartphone
Samsung Electronics is releasing a new edition of its Galaxy Note 10 smartphone that will come with a pre-installed cryptocurrency wallet in its bid to boost adoption of blockchain tech.
According to a Wall Street Journal article on Thursday, the new product is a variant of Samsung’s flagship product Galaxy Note 10 but marketed as a “KlaytnPhone,” named after a blockchain network developed by messaging giant Kakao.
To be sold on Thursday only in South Korea, the new edition’s hardware specification will not differ from existing Galaxy Note 10, but will come with blockchain apps and a crypto wallet, the report said. - read more.
Bitcoin Vulnerable To A Nasty Drop Unless It Claims $7K
Bitcoin Facing Hurdles
In the past few sessions, bitcoin remained well bid above the $6,400 support area against the US Dollar. BTC price even climbed above the $6,800 resistance and settled above the 100 hourly simple moving average.
However, the bulls seem to be struggling near the $7,000 resistance area. There is likely a double top pattern forming with resistance near $7,000. The last swing high was formed near $6,989 before the price corrected lower.
There was a break below the 23.6% Fib retracement level of the main rise from the $5,750 swing low to $6,989 high. On the downside, the - read more.
Crypto, Crypto, Crypto… CEO Says ‘Crypto’ 100K Times For Homeless Charity
The CEO of a digital currency exchange in the UK has set himself an incredibly bizarre challenge. People have been donating to Pete Wood of CoinBurp as he attempts to raise money for a homeless charity by saying the word “crypto” 100,000 times.
Wood is live streaming the challenge via YouTube with public addresses displayed for both Bitcoin and Ethereum donations. The proceeds of the fund raiser will be gifted to the Centrepoint – the UK’s leading youth homelessness charity.
UK Crypto Exchange Working with Homeless Charity to Promote Cryptocurrency Giving
According to the description on the YouTube live stream of the obscure fund raiser, the - read more.