Bitcoin saw a 7.51% price increase over the past week that allowed it to rise above the previous range it was trading within. The cryptocurrency broke above the upper boundary at $7,800 and continued to surge much higher as it reached expected resistance at the 200-days EMA at around $8,160. The cryptocurrency did climb even...Read More
Thailand‘s Siam Commercial Bank (SCB) recently partnered with RippleNet to create ‘SCB Easy’, a mobile application that facilitates instant, low-cost cross-border payment solutions, according to a blog post. With this, the 112-year-old bank became Thailand’s first domestic bank that is willing to push forward with Fintech partnerships. At Ripple‘s annual Swell conference, Arthit Sriumporn, SCB’s...Read More
Ripple is looking to expand its presence in Asia, forming a new partnership with Siam Commercial Bank. The latter will reportedly develop a new type of mobile application for faster and cheaper cross-border payments, which will run on Ripple. Ripple Partners With SCB Ripple recently announced its newest partnership with Thailand’s oldest bank – Sian...Read More
Ripple’s breakout on Monday could be a sign of things to come, analysts say. | Image: shutterstock.com Ripple paints the largest volume in months. The pump is giving analysts a reason to be cautiously optimistic on XRP. Some traders expect Ripple to set the tone for other top coins. To say that Ripple (XRP/USD) had...Read More
The XRP price climbed 14%, making it the second-highest gainer in the market cap top hundred. The unexpected surge coincided with a healthy yearly report, and the news that Ripple investment Moneygram achieved record transaction growth. XRP coin price returns to early December levels. Editor’s note (01/08/2020): The article has been updated for clarity. The...Read More
Binance was on a roll in 2019, and it doesn’t appear to stop this year with new features on its platforms. The company recently announced that it will add XRP/USDT as a new perpetual contract trading pair, and the leverage will be up to 75x. At the same time, the price of the third-largest cryptocurrency...Read More
Ripple’s XRP is booming at the start of the new year, suddenly spiking by 8% on January 6. In the past few days, the coin started showing signs of a revival, and has now returned to $0.21. Futures Market Announcement Boosts Price Performance XRP has been pressured by its protracted slide, and has fallen almost...Read More
With the advent of the new year, a new excitement has entered the crypto market. Bitcoin and other altcoins are trading in the green zone since the weekend and still going strong. Some of the altcoins like Bitcoin SV, Bitcoin Cash, etc surged considerably by more than 10%. It seems Ripple’s XRP crypto price is following...Read More
XRP has been one of the worst performing major cryptocurrencies throughout 2019, as it struggled to gain the upwards momentum seen by Bitcoin in the early half of the year, while underperforming BTC during its downtrend during the second half of the year.This bearishness may spill over into 2020, as the cryptocurrency’s fundamental strength is...Read More
Ripple’s controversial native token XRP closed 2019 at a substantial loss, but according to a prominent analyst, the cryptocurrency is ready to break the bearish jinx in 2020.Crypto Michaël, a popular cryptocurrency analyst on Twitter, spoke about this on Wednesday, saying that the XRP-to-dollar exchange could undergo a massive trend reversal this year. The top crypto...Read More
Ripple blockchain’s native token XRP registered one of its worst performances in 2019. And it is likely to extend its losses in 2020.The XRP-to-dollar exchange rate is down by circa 49 percent on a year-to-scale. At the same time, the token’s price against the benchmark cryptocurrency bitcoin has plunged by more than 72 percent within...Read More
Ripple’s on-demand liquidity [ODL] corridor to Mexico has been active ever since its launch and has been leading the liquidity game. On 30 December, the XRP/MXN corridor on Bitso reached an all-time high, with liquidity surging by over 10 million. According to the Liquidity Index Bot, XRP/MXN corridor noted liquidity of 10,189,161 million and has...Read More
Ripple has taken the adoption of XRP to a new technological level by making it a part of its services. The use of Ripple’s platform has resulted in increasing trust from financial institutions, as well as the adoption of XRP. However, as the community waited to see an upward push in the digital asset’s price,...Read More
XRP hasn’t done too well in the past 12 months, plunging by 47% since Jan. 1st, 2019. For some perspective, Bitcoin has gained a jaw-dropping 90%, surging on the back of a confluence of factors, which includes a capital flow from altcoins to the market leader BTC.Tis the season to feast on the tears of...Read More
Yesterday proved to be a positive day for many cryptocurrencies, as Bitcoin’s fleeting rally allowed most major altcoins to post gains of 3% or more. XRP, which has been struggling to gain momentum over the past few days, attempted to break back into the $0.20 region, although the resistance at this level proved to be...Read More
Ripple has been at the forefront of promoting XRP in different parts of the world through its cross-border payments service. RippleNet has managed to diversify its network with over 300 financial institutions, allowing most of them to use its on-demand liquidity services. Although the price of the digital asset still worries many within the community,...Read More
Analyst, Mati Greenspan sees the XRP price continuing to struggle in the short term due to Ripple sell-offs, and the fact that financial institutions don’t need the token to access the benefits of the Ripple network.Yes. XRP tokenomics is a bit funny that way. The two main issues…1. Ripple holding a large portion of tokens...Read More
It is not a secret that altcoins, such as XRP, haven’t done too well in 2019. While Bitcoin (BTC) is up over 90%, starting the year in the $3,000s and now trading at $7,200, a number of leading cryptocurrencies have actually posted losses on the year.Although nearly all asset classes from precious metals to equities...Read More
Ripple price is slowly grinding higher and approaching the $0.2000 resistance against the US dollar.XRP seems to be forming a nice support near the $0.1940 and $0.1925 levels.There is a key rising channel forming with support near $0.1945 on the hourly chart of the XRP/USD pair (data source from Kraken).The price remains well bid and...Read More
Very few companies survived the aftermath of the ICO hype, Ripple is one such company that was inspired by ideologies of Bitcoin and built to make cryptocurrencies better, faster, and more secure. Although the narrative around Ripple and XRP has changed over the years, both have done more than just survive: they have flourished. As...Read More
The CEO of fintech company Ripple is now offering a bold prediction for what the new year holds in store for the cryptocurrency markets, as he believes that the market-wide purge that was largely anticipated to occur in 2019 will actually take place in 2020.This market-wide “consolidation” trend that he anticipates to occur in the...Read More
As the year comes close to an end, it is the time for retrospection and reflection: the same holds for XRP, which holds its position as the third-largest cryptocurrency. XRP has managed to retain its community despite its shaky track record when it comes to price performance. This article takes a look back at XRP...Read More
Ripple, the company behind the third-largest cryptocurrency XRP, will be reportedly expanding its presence in Brazil. Just months after it launched new operations in the country, Ripple is expected to announce new partnerships with other major institutions, such as digital banks. Ripple Expands Brazilian Influence Ripple is planning to expand its presence in Brazil with...Read More
XRP hasn’t done too hot over the past few months, both in terms of its performance against the U.S. dollar and against Bitcoin. Even over the past year, the third-largest altcoin has collapsed by 50%, underperforming the leading cryptocurrency by a massive margin.Despite this, an analyst is starting to believe that the price of XRP...Read More
Fake volumes became a hot topic in 2019. It all started with the Bitwise Asset Management report that was released earlier this year. The report stated that nearly 95% of Bitcoin trading volume reported by CoinMarketCap, a popular go-to website for crypto data, was fake. According to the report, CoinMarketCap reported roughly $6 billion per...Read More
Bitcoin and cryptocurrencies have become immensely popular and this has cast a spotlight on the underlying decentralized ledger technology – blockchain. Blockchain tech has taken the world by storm and its landscape has been evolving at a rapid pace. This technology has been both attractive and critical for ensuring enhanced security and as well as...Read More
Ripple CEO Brad Garlinghouse predicts that 2020 will see more cryptocurrency projects culled, as utility becomes a stronger driver of success in the coming year. Sees Deadcoins Rising In 2020 Through Over saturation Solving Real-World Problems Is The Key To Survival According To Ripple CEO In the latest episode of The Ripple Drop, Ripple executives...Read More
Ten years on since Bitcoin’s inception great minds have flocked into the space. While a few of the cryptocurrencies happened to be forks of the king coin with negligible market cap, others have survived purely because it addressed unique offerings. Along with market capitalization, investor appetite and institutional coverage for cryptocurrencies have increased exponentially. However,...Read More
A recent episode of The Ripple Drop saw executives give their predictions on the state of the crypto world in 2020 and beyond. Ripple Team Looks to the Future Ripple has recently released a special holiday episode of ‘The Ripple Drop’, which looks back on the things that impacted the crypto and blockchain industry over...Read More
Ripple Executives share their views on Crypto Industry in the last decade in the latest Ripple Drop episode. The team also spoke about their predictions in 2020. The festive holiday episode of Ripple Drop had CEO Brad Garlinghouse, CTO David Schwartz and their VP Breanne Madigan speaking their hearts out about crypto and blockchain in...Read More
