|Ripple’s General Counsel Exits Startup
Prior to joining the firm, she “advised fintech companies … [and] led litigation teams and partnered on matters including commercial deals, [mergers and acquisitions] and [intellectual property] protection” with PayPal and eBay, according to her company biography.
The news comes as Ripple prepares to fight multiple class-action lawsuits claiming the XRP token is a security distributed by the company.
As previously reported by CoinDesk, a number of investors have sued the company, claiming Ripple bears some responsibility for the drop in XRP’s price over the last year. To help defend it, Ripple has brought in some legal heavyweights, including former SEC chair Mary Jo White.
The company has already won a number of procedural victories, with one district court-level case being voluntarily dismissed and two superior (lower) court-level cases being consolidated late last week.
Sep-9-2018 01:55:06 PM
|Bets Against Ether’s Price Hit All-Time High
The new figure represents an 81.96 percent increase week-to-week and a 162 percent jump from mid-August.
The development follows an unfavorable week for the broader cryptocurrency market and ETH in particular. From September 5-6, bitcoin (BTC) fell more than $1100, accounting for a nearly 15 percent drop. In that time, over $40 billion was shed from the market capitalization of all cryptocurrencies.
Cryptocurrencies tend to follow bitcoin’s lead after a big move, and ETH was no exception. Three days ago, ETH was valued at $287 across exchanges but today is trading at $221, according to CoinDesk’s Ether Price Index (EPI).
In all, the developments mark a more than 80 percent drop from ETH’s all-time high north of $1200, so it’s perhaps no surprise that investor confidence in ETH is at an all-time low.
When a short trade of this nature becomes overcrowded – as the new all-time high would suggest is the case – an astute investor has to consider the possibility of a “short squeeze.”
When short positions are stacked so high, a small increase in price could cause those shorting to close positions in order to avoid a losing trade. Since the only way to close a short is to buy back the cryptocurrency, its possible ETH could see a rapid price increase, also known as a “squeeze.”
Sep-9-2018 01:54:25 PM
The site "Apex Traders" is executed quite well and is equipped with a built-in software for translating texts into Russian. Also note that the Internet portal of the project has a high-quality author's design, works on a licensed script and has reliable protection in the form of an extended SSL certificate from COMODO, as evidenced by the greenbar in its address bar.
The investment offer of "Apex Traders" consists of three tariffs:
· 2% of profit per day for 15 days for deposits of $ 20;
· 4% of charges every 24 hours for 40 days with an investment of 300 USD;
· 6% of daily profit for a period of 30 days is available to those users who will contribute to the project from $ 3,100 and above.
We draw your attention to the fact that in the first tariff the body of your deposit is returned at the end of the investment period, and in the remaining plans it is included in payments.
You can create a deposit or withdraw funds from "Apex Traders" through Perfect Money, Payeer, Bitcoin, Advcash, Litecoin and Ethereum. According to information that is available on the project website, all payments are made instantly and this is undoubtedly a big plus.
The partnership program "Apex Traders" has two levels in depth and allows you to receive additional profits in the amount of:
· 7% of the deposit of personally invited users;
· 1% of the contribution of referrals of the second level.
Investor's personal cabinet on the main page has the basic statistics of your account, the input buttons for withdrawal of funds and the main crypto currency courses, and in the side menu sections you can:
· Create a deposit;
· See the list of your deposits;
· Analyze the history of earnings;
· Order a payment;
· Will get access to the referral menu;
· Set up account settings.
As for customer support, "Apex Traders" has a ticketing system, e-mail address, Skype support contacts and links to project groups on social networks.
Well, on this we have everything for you.
May-19-2018 07:33:41 PM