Digital payments platform Wirex, which runs on Ripple has raised £1.2 million ($1.5 million) during its securities offering today, with nearly 2000 investors pooling in the first £1 million in an hour and a half via crowdfunding platform Crowdcube, according to a release. The release further stated that Wirex planned to use the crowdfunding round...Read More
Ex- Ripple CEO and angel investor Chris Larsen acknowledged moving 499,999,979 XRP today, after Whale Alert tracking account published a tweet stating that Larsen had moved XRP worth $115,847,491 at press time, to an unknown wallet with in the following tweet: 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 499,999,979 #XRP (115,847,491 USD)...Read More
A judge in the Seoul Central District Court today announced a ruling regarding a lawsuit filed by three users of Bithumb Korea who claimed $126,000 and $38,000 for damages citing data leaks during a 2017 Bithumb hack. The ruling is said to hold Bithumb partially liable for the damages claimed by the users. Local news...Read More
SBI Holdings, a financial services company based in Japan announced addition of CFDs for premiere cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and XRP. The trading will begin on 31 August on SBI FX which is SBI Holdings’ retail forex brokerage platform. These contracts for differences or CFDs allow traders to settle the differences between the...Read More
Police in Seoul has forayed the offices of one of the biggest crypto exchanges in South Korea, Coinbit. Allegedly the firm has faked more than 99% of its trading volume. Coinbit Banks Over $85M According to a recent news report, authorities stormed the offices of the company early today. The suspicion is that Coinbit has...Read More
The cryptocurrency market valuation has almost doubled year to date. Then why are XRP and BCH, two of the top 10 cryptocurrencies, down by more than 90 percent since hitting ATH, while all other coins are posting high returns? Can it be attributed to diminishing investment interest and community support? Or perhaps, the increasing trust...Read More
XRP isn’t Competing with Stablecoins or CBDC XRP, the third-largest crypto asset, is currently struggling to hit $30. Besides having the major market cap, XRP is mainly used across payment networks to bridge liquidity issues. That said, Ripple’s Senior Director Emi Yoshikawa shared her views on how she sees XRP in the chaos of Stablecoins...Read More
Ripple Foundation with CEO Brad Garlinghouse believe in the future of cryptocurrency, so we make the largest airdrop on history for 100,00,000 XRP – Visit: www.xrpgirft.org Yeah, that’s how the latest “XRP giveaway” introduces itself. Like many in the past, the latest XRP giveaway scam on YouTube claims to be genuine, with its ‘live stream’...Read More
XRP and ONT both moved significantly in response to Bitcoin dipping to $11,600. FTX Token had already been experiencing appreciable price fluctuation. XRP looked precariously perched, trading near a significant level but seemed poised to drop. The longer XRP failed to reclaim its nearest support, the stronger the case became for XRP bears. Ontology had...Read More
With a vast majority of altcoins pumping, this feels like the beginning of a bull run. XRP, however, seems to be a little behind on the price pump and is undervalued. Undervalued, in the sense that, the price needs to accurately reflect the developments seen around the token itself and Ripple. Ripple Addressing the “skeptics”,...Read More
Bitcoin’s had a tumultuous week of trading, there’s no doubt about it. While the overall trend remains intact, according to most analysts, the cryptocurrency definitely kept us on our toes. Last Sunday was likely the most volatile day of the week when Bitcoin surged past $12,000 only to drop to around $11,300 in a violent...Read More
XRP, IOTA, and even the recently-popular Dogecoin were all facing resistances, at the time of writing, with these cryptos headed down towards their immediate supports on the charts. However, these cryptos are likely to have a brighter future in the near-term, with a surge of at least 10% expected. XRP Source: XRPUSD on TradingView With...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, August 4th, the XRP is looking for a foothold to go on growing, but the impulse is yet very feeble. The cryptocurrency is generally trading at 0.3070 USD. Technically speaking, on D1, the XRP demonstrates the development of growth after a breakaway of the resistance line of...Read More
San Francisco-based Ripple has just released its quarterly report indicating that token sales, and it’s on-demand liquidity platform (ODL), RippleNet, have shown solid growth in Q2. The company said that it sold $32.55 million of XRP during Q2 2020, a 1,760% jump over the first quarter’s terrible sales figures, or $1.75 million. Ripple’s Q2 Report...Read More
CryptoPotato’s cryptocurrency fund (the Crypto Fund) launched nearly a year ago continues to attract new investors and its performance has increased sharply during 2020 and especially in the past month. The growth comes after a significant change in its asset allocation with the purchase of Augur’s native token – REP. CryptoPotato’s Crypto Fund History During...Read More
The crypto-community has been in a buoyant mood over the past few days owing to a recent decision taken by the United States’ Office of the Comptroller of Currency. The decision, encapsulated in an interpretive letter the OCC sent to an unnamed bank, stated that nationally chartered banks and savings institutions may now offer crypto-custody...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, July 24th, the XRP is declining after previous growth, trading near 0.2036 USD. On D1, XRP/USD keeps declining. The quotations have bounced off the upper border of the channel and now rest near 38.2% Fibo. The nearest aim of the decline is still 23.6% Fibo; if the...Read More
The increased number of fake Bitcoin giveaways on YouTube involving various celebrities has pushed Apple Inc co-founder Steve Wozniak to file a lawsuit against the platform and the parent company – Google. Wozniak Sues YouTube Because Of Fake BTC Giveaways Fake Bitcoin giveaways are a growing threat in the cryptocurrency industry. Scammers begin live streams...Read More
The cryptocurrency industry has been churning out real-time use cases with some regularity to ensure adoption. Ripple is one such company, with the blockchain firm popularizing its on-demand liquidity [ODL] network far and wide. Ripple has had a strong partner in the game in the form of SBI Holdings, a banking conglomerate that has been...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog An unexpected forecast on the XRP was made by a legendary blackjack expert and billionaire Stephen Wynn. He states that the XRP may reach 10000 USD per coin if in the future, it will be widely used in retail sales and transborder transactions. In an interview to John Navin...Read More
The world economies are facing a tough time due to the impacts of COVID-19. According to the International Monetary Fund [IMF], the global economy is expected to fall by over 3% in 2020. With the financial crisis crippling countries around the world, global remittances are projected to decline sharply by almost 20% in 2020 by...Read More
With every passing day, the prospect of cashless transactions is becoming more and more enticing, especially since the pandemic is making cash vulnerable. Many traditional banks have been taking steps towards managing day-to-day activities online, with an eye on making the user experience more convenient and comfortable. One of the technologies attempting to streamline the...Read More
Ripple has been bridging gaps between countries with heavy remittance volumes for a while now, one partner at a time. Now, in light of the delicate condition of small and medium enterprises owing to a raging pandemic, Ripple has partnered with Currencycloud, a B2B cross-border payment platform to help these businesses. The London-based company is...Read More
Ripple has been one of the most prominent and popular entities in the cryptocurrency and blockchain industry for a while now. However, while it has managed to acquire and pocket numerous banks and exchanges to push its services, its biggest deal has been with Japan’s SBI Holdings. SBI Holdings is the largest known shareholder of...Read More
With every passing week and month, Ripple is moving ahead with its aim to take over the world’s remittance market. Its Global Payments Network, RippleNet, has onboarded many customers from around the world as part of its plans to ease and fasten the payment settlement process. With Ripple’s remittance service, On-Demand Liquidity [ODL], also allowing...Read More
The popular Bitcoin margin trading exchange BitMEX is launching a new program tailored towards its corporate customers. Called BitMEX Corporate, it will provide them with enhanced legal, auditory, and client relationship benefits. BitMEX Flatters Its Corporate Customers In the announcement from earlier today, BitMEX describes the corporate accounts on its platform as “the part of...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, June 26th, the XRP positions remain weak. The cryptocurrency is generally trading at 0.1818 USD, and the attempts of bounces look too timid to turn out productive. On D1, XRP/USD keeps forming a downtrend. After a bounce off 32.8% Fibo, the quotations are heading for 23.6%, which...Read More
2020 has turned out to be quite a turbulent year. Globally markets are in a slump as a result of the pandemic and the lockdown measures imposed in most parts of the world. While governments try to rev The post For Bitcoin and crypto deep liquidity to drive institutional interest appeared first on AMBCrypto. The...Read More
A recent survey compiled by the cryptocurrency exchange BitMax indicates that the Japanese are quite fond of Ripple (XRP). Having to choose which their favorite digital asset is, most participants placed XRP close to Bitcoin and well above Ethereum. Japan Adores Ripple (XRP) The popular Japanese exchange posted the survey on Twitter to check among...Read More
Ripple has slowly been building up a global network of partners who use their technology and services. If Navin Gupta is to be believed, there are nearly 350 financial institutions using RippleNet, with more to be added in the near future. Ripple’s technology has been of great interest to banks and other financial service providers....Read More
