A bearish formation in the total market capitalization chart has been gaining strength after two failures to break its resistance level.
XRP investors are hopeful that a potential court victory against the SEC could send the altcoin price at least 50% higher.
The funds returned so far has come in the form of Ether (ETH), Binance-pegged ETH and BNB ($14.2 million).
“We are deeply sorry,” stated Transit Swap while revealing that a bug in the code allowed a hacker to make away with an estimated $21 million.
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Equities markets have extended their decline, but Bitcoin and select altcoins have not given up much ground, leading some traders to believe that the bottom is in.
Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify.
At Converge22, the Shark Tank host said stablecoins are set to lead to a reduction in friction and fees worldwide.
BTC price caught a bid, leading to a similar-sized boost in select altcoins, but on a macro level, $20,000 remains a strong overhead resistance.
According to the Los Angeles management firm, "better bids were on the table" for depositors and the community.