Altcoin News Daily Official TheBitTimes.com

Ben Armstrong believes that XRP “cooling off” after the SEC case might have been the best thing to happen to the token. Although XRP is not trading at its highest, Armstrong believes this allows traders and corporate investors to stock up on the token. At press time, XRP was worth $0.6086 after its price dipped 1.51%. Well-known YouTuber and cryptocurrency analyst Ben Arm strong told the Ripple (XRP) community to get ready to go to the moon in one of his latest videos. The analyst also stated that the heat surrounding XRP and its price “cooling off” after it bested the SEC could actually be a great thing. Armstrong pointed out in the first portion of the video that the price of XRP is trading at or close to $0.62. According to the analyst, the current trading price of XRP in itself is not necessarily an “important” number for the remittance token, but $0.60 is. In fact, the analyst referred to $0.60 as the “adamantium” support. This refers to the Wolveri...

Senator Warren claims the Trump Administration “gave a green light” to allow for a cryptocurrency market full of junk tokens, rug pulls and ponzi schemes. United States Senator and crypto skeptic Elizabeth Warren wants the Securities Exchange Commission (SEC) to “double down” on its crypto enforcement efforts, highlighting that the cryptocurrency industry is running “scared” for what’s to come next. Warren’s comments came from an interview with American Economic Liberties Projects on Jan. 25. The Senator opined that since Gensler was sworn in as SEC Chairman in April, 2021, the Commission “has made a good start” on fixing some of the problems created by the former SEC leaders under the Trump Administration. Senator Elizabeth Warren wants Congress to deploy more authorities and resources to help the SEC crackdown on the cryptocurrency industry participants. Source: Reuters. Warren claimed that the previous SEC administration “essentially gave the green light” to open up a cryptocurren...