How does the SEC lawsuit against Ripple affect the crypto industry?

On January 18, 2021, the crypto hedge fund Grayscale made the largest Bitcoin purchase in history to date.

If you look at the last seven days, you will notice that Tezos is mainly between $ 2,75 and $ 3.

Because the US supervisory authority SEC (Securities and Exchange Commission) is of the opinion that Ripple is a security and not a cryptocurrency, a lawsuit has now been filed with the competent US court.

After the ether price marched towards 15 US dollars on January 1.300, many crypto fans were preparing for a new all-time high.

Bitcoin's volatility may be a deterrent, especially for private investors.

After Litecoin was above 180 US dollars, the correction was followed by a setback towards 120 US dollars - a setback of around 40 percent.

The last crypto bull run produced a loser: XRP.

Christine Lagarde, President of the European Central Bank, or ECB for short, wants to regulate Bitcoin.

In the last 30 days, IOTA was able to record an increase of 34 percent - in the last seven days of almost 20 percent.

It almost looks as if the ailing Bitcoin price will not have any negative effects on the Altcoins, as it did in 2017, but rather be a kind of engine.

Ripple, who has been in crisis mode for weeks, has to take another low blow:

Bitcoin has become a very popular speculative object in the last few weeks.

After the coronavirus terrified the world at the beginning of last year, data protection-friendly methods were immediately used in order to be able to better follow the course of the pandemic.

Polkadot has always been the largest Proof of Stake (PoS) network. Last week, however, there was a change here for the first time:

The TopDeFi-Coin Yearn.finance (short: YFI) has been more on a collaboration course in recent months.

Now Brad Garlinghouse, the Ripple CEO, has spoken out.

Is it going to happen very quickly with the cryptocurrency ether?

Analysts at US Bank JP Morgan are convinced that Bitcoin could soon become as popular as gold.

It was a brilliant start into the year 2021. Even if the Bitcoin and Ether stole the show from many other cryptocurrencies, there were still a few Altcoins that were not so popular in the public eye, but made enormous profits.

In the last few weeks there has only been one way to go with Litecoin - and that is up.

In addition to the development and provision of the digital currency IOTA, the foundation behind it with its philosophy may also have become a kind of alternative to Bitcoin and other crypto currencies, which can only be created in the course of the environmentally harmful mining process.

Is it going to happen very quickly with the cryptocurrency ether?

The company behind the cryptocurrency XRP, Ripple, which already learned at the end of 2020 that it would be sued by the US Securities and Exchange Commission, has now received another lawsuit

If you follow the data from YCharts, the fees incurred in the Ethereum network have risen sharply - an average of 10,20 US dollars / transaction.

Suddenly it was all happening! Bitcoin was still at 7 US dollars on January 9th at 30:36.500 a.m., followed by a bull run that catapulted the crypto currency to 40.180 US dollars (19:20 p.m.).

Wetzikon, 30 kilometers from the Swiss city of Zurich, is known on the one hand for the churches and on the other hand for the beautiful landscape, consisting of countless green pastures. Now there is another feature: In Wetzikon, a blockchain-based aid program has gone into operation, with which it will be possible to help smaller and medium-sized companies that have gotten into trouble due to the pandemic.

In addition to Ripple, will Chainlink now also be indicted by the SEC?

Again and again there were forecast models that saw a new bull run overcoming the 34.750 US dollar. But somehow overcoming the resistance did not cause a new high flight - it always went in the direction of 33.000 US dollars.

While Bitcoin is over 30.000 US dollars and Ether has already cracked the 1.000 US dollar hurdle, the price of the cryptocurrency Litecoin is 150 US dollars. This means that you are around 60 percent away from the all-time high that was set at the end of 2017 and was $ 360.

Even if everything seems to revolve around the cryptocurrency Bitcoin, there are other digital currencies that should not be lost sight of. Particularly noteworthy here is Ethereum or Ether (ETH).

For many Bitcoin fans, it was a terrible hour when the Bitcoin price suddenly fell from over 33.300 US dollars towards 28.000 US dollars.

Tezos is a relatively young cryptocurrency - it was only founded in 2018.

It was a bumpy start to the new decade. Because again the "Internet of Things" (short: IoT) had problems with the coordinator.

Shortly before the turn of the year, Ether (ETH) shot over the 700 US dollar mark.

It seems like all obstacles have been removed. Bitcoin has risen steeply since jumping the US $ 20.000 mark - and even the US $ 30.000 mark has not impressed the cryptocurrency.

It was a bang: after the US Securities and Exchange Commission (SEC) announced that it was suing Ripple Labs, Inc., not only did the Ripple price plummet, but fear of further effects also increased - but so far no other cryptocurrency has reacted to the SEC decision.

In retrospect, one can very well say it was the year of Bitcoin.

Mike Novogratz, a former hedge fund manager, is convinced that Bitcoin's soaring will continue into 2021.

Not good Ripple News: As it has now been announced, Coinbase will suspend trading in the cryptocurrency from January 19, 2021.

Daily all-time highs are now attracting more and more large investors. Now it's heading towards $ 30.000 - and beyond?

The United States officially announced that cryptocurrencies should be considered an asset rather than a currency. However, not all countries agree on this. Some countries equate them with paper money, others compare digital currencies more like physical assets. However, it is undisputed that cryptocurrencies have real value, but why? 

What you need to know about Altpocket! BC1 explains how the crypto tracker works and why it makes sense for true traders. ✓ Review experiences ✓ Click here for more information!

What you need to know about a Bitcoin ETF! BC1 explains what it is and what the effects are. ✓ Bitcoin ETF ✓ Is the BTC price rising? ✓ Click here for more information!

What you should know about ICONOMI and other crypto funds! BC1 explains how these work and how you can increase your profits. ✓ Index funds in comparison ✓ Click here for more information!

What you need to know about the Bitcoin bubble! BC1 explains what it's all about and how you can even use the crypto bubble for yourself. ✓ Bitcoin bubble ✓ When does it burst? ✓ Click here for more information!

What you should know about the future of crypto courses! We at BC1 present you in this comprehensive forecast why the prices of crypto currencies will definitely rise. ✓ Our forecast ✓ Insider tips ✓ Click here for more information!