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Case Studies

Ripple collapses 28% on August 23-24, 2018

Inbetween Monday Aug. 21 to Wednesday Aug. 23, Ripple investors bid up the price of Ripple to the tune of 89% amid speculation of a major budge into Asian economies. This currency bills itself spil a banking-friendly cryptocurrency and already works with major banks, so the rumor seemed valid to traders and investors alike…

Ripple runs 15% on October 13, 2018

At the embark of lay on October 13, 2018, Ripple reached lows against the US dollar of $0.229. The decline wasgoed a long time coming, spil markets awaited the outcome of a then-ongoing lawsuit brought against Ripple by R3. R3 wasgoed attempting to force Ripple to honor a contract that the two entities had announced back te 2016 that permitted for the purchase of up to Five billion XRP by R3 for $0.0085 vanaf unit. Given that XRP had risen by close to 3000% ter value since the contract wasgoed waterput ter place, the option (if enforced) would have given R3 the chance to buy more than $1.Two billion worth of XRP for $40 million or so…

Ethereum runs 22% on the morning of October 13, 2018

On the night of October 12, the Ethereum hard fork wasgoed just a few days away and markets were worried that the fork would have serious consequences for the cryptocurrency. Hard forks are a way to implement switches to a blockchain (te this example, the fork wasgoed designed to make ETH lighter and quicker) but they can also cause problems. Ethereum has forked four times, and three of thesis went well. One didn’t, however, and concern that the then-upcoming fork would turn out to be another bad one wasgoed running high…

Ethereum falls 24% on spam fasten on October Four

Across late September, early October, the upcoming Byzantium hard fork wasgoed very much a hot topic te the Ethereum space. The potential for error wasgoed pretty large and markets had seen the cryptocurrency fail on a hard fork already – a failure that led to some people losing funds…

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