Ripple price is trading in a bearish zone and recently broke the $0.2500 support against the US dollar.Bitcoin price is down around 5% and Ethereum price declined close to 10%.There is a key bearish trend line forming with resistance near $0.2610 on the hourly chart of the XRP/USD pair (data source from Kraken).It seems like...Read More
XRP – the cryptocurrency that is closely associated with the FinTech company Ripple – has faced a significant amount of bearish volatility as of late, which many analysts believe has been caused by Ripple selling a large amount of tokens onto the markets each quarter.Brad Garlinghouse, the CEO and founder of Ripple, is now trying...Read More
The decentralized cryptographic ledger and the house of Ripple’s native cryptocurrency, XRP Ledger index 49624361 contained 370 transactions and the closing time for the ledger was just 3.5 seconds in the early hours of 28th August. The total fees for the transactions executed was 26.27 XRP. This event was tweeted by a Twitter user called...Read More
Ripple’s efforts towards XRP adoption led to a partnership with SBI Holdings, which led the way to a joint venture “SBI Ripple Asia”, to promote the use of the Virtual currency in Asian markets. Under the said partnership, SBI announced Shareholder Benefits Campaign to grant them with 30 XRP, on August 28. An excerpt from...Read More
Ripple’s technical picture is strongly negative in the short-term. The symmetrical triangle breakout could boost XRP upwards and assist in conquering the stubborn resistance at $0.28. The price action across the market has been mostly mundane. The gains accrued over the weekend and on Monday failed to hold as bearish pressure took center stage yesterday....Read More
Wietse Wind, XRPL developer, creator of the XRPTipBot and XRP Text, announced on Twitter today that the XRPL Testnet provided by Ripple had been reset. Please note: the XRPL Testnet provided by @Ripple has been reset (this happens every now and then: a fresh testnet ?). I just gave the @XRPLLabs testnet node (wss://testnet.xrpl-labs.com) a...Read More
Blockchain in Small and Medium Business Market Reports Monitor added a report titled as Global Blockchain in Small and Medium Business Market, it is estimated to grow with a healthy CAGR during the forecast period of 2019 – 2025. The Worldwide Blockchain in Small and Medium Business Market is one of the most segmented and developing markets. Each section...Read More
Ripple has substantially reduced XRP sales. While Ripple had claimed to have remained transparent about the actual figures of XRP sales in its recent market report, the blockchain firm was at the receiving end of allegations which claimed that it provided manipulated figures. One of the front-runners of the industry, Ripple, has drawn passionate and...Read More
Ripple’s coin has recovered from the recent lows, but the upside is limited. The bearish trend remains dominant for XRP. Ripple’s XRP, the third-largest digital asset with the current market capitalization of $11.5 billion, has been moving within a tight range recently. The coin has recovered from the intraday low of $0.2660 to trade at...Read More
Ripple price is struggling to climb higher above the $0.2750 and $0.2800 resistances against the US dollar.Bitcoin price failed to climb above the key $10,500 resistance level and declined recently.A major bullish trend line with support near $0.2670 is at risk on the hourly chart of the XRP/USD pair (data source from Kraken).The pair could...Read More
The latest XRP wealth distribution statistics showed interesting insights into rising trends by the XRP holders over a period of three months. According to the latest XRP Richlist Stats, which monitors the trend line for the XRP wealth distribution, only 0.01% of the total XRP accounts have a balance of more than 14,231,299 XRP, which,...Read More
A plethora of advances made by the XRPL developers in terms of solidifying XRP’s usage have enhanced the coin’s adoption rates. The creator of popular XRPTipBot, a platform that enables sending and receiving of XRP tokens on social media platforms like Discord, Twitter and Reddit, XRPL Labs’ Lead Developer Wietse Wind was on the forefront...Read More
Ripple has been moving in the price range of $0.25 to $0.29 since the past 10 days. Previously, XRP had been constantly trading at $0.30 for a long time just before it slipped in the lower range. The constant trading within the range of price indicates that Ripple takes enough time to complete the oscillating...Read More
A group of XRP fans has started an online petition demanding that Ripple stops selling high amounts of the cryptocurrency on a quarterly bases. While most cryptocurrencies have seen at least a 200% increase in price since Bitcoin bottomed in December 2018, XRP has not been able to start any upwards momentum. The cryptocurrency has...Read More
Ripple price is holding the $0.2650 support and is correcting higher against the US dollar.Bitcoin price rallied 5%, but it failed to continue above the $10,500 resistance area.There is a key major bullish trend line with support near $0.2680 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is likely to...Read More
By CCN Markets: With all this talk about bitcoin, you might be surprised to learn that the ripple price quietly executed the most spectacular single-day rally in the crypto industry’s history. The rally was so quiet, in fact, that it was ignored by every crypto price tracker, news blog, and armchair analyst. Except one. Report:...Read More
In journalism, it’s a continual roll of stories, and after a while, they recede. But sometimes, years later, they return with unexpected consequence. This month, Jeff Crosby, a Bellevue financial analyst, got a call from the King County Medical Examiner’s Office. An investigator asked if he knew somebody named William Kaphaem. “I thought it was...Read More
Bitcoin Cash – ABC – on the Defensive Bitcoin Cash ABC fell by 2.18% on Saturday. Reversing most of a 2.7% gain from Friday, Bitcoin Cash ABC ended the day at $307.61. A bullish start to the day saw Bitcoin Cash ABC rise to an intraday high $316.98 before hitting reverse. Falling short of the...Read More
South-East Asia’s leading bank, DBS, referred to Ripple network as the cheapest way to send money across borders. One of the biggest Ripple communities on Twitter, @BankXRP, tweeted about the DBS acknowledgment on 21st Aug on its official handle. Treasury Prism is the online treasury and cash management simulation platform of DBS. The official website...Read More
According to a recent report, Breanne M. Madigan, the head of global institutional markets team at Ripple which recently formed a partnership with cross border payments giant MoneyGram has made it known that the partnership is already increasing the overall trading volume of XRP. She revealed new numbers from Cryptocompare which revealed that the volume...Read More
It’s no secret that XRP – the cryptocurrency that is closely associate to Ripple – has faced its fair share of hate over the past couple of years, but it now appears that some of the cryptocurrency’s largest fans are feeling disillusioned with it. The current climate surrounding XRP has largely been damaged by recent...Read More
XRP has not been having a great year, in terms of price as the market reports negative YTD returns for Ripple’s native token. However, XRP has been on an adoption spree since the beginning of the year, Ripple’s recent partnership with MoneyGram being an illustrious example. Despite the technology and institutional partnerships turning heads, the...Read More
The world’s third-largest digital currency, Ripple’s XRP, is losing value even as other currencies in the global top 10 are reporting astonishing gains. Ripple’s fall raises eyebrows In the 2018 crypto winter, every digital coin was posting unprecedented losses, and the likes of Bitcoin shaved off over 2/3rd of its market value. However, there is...Read More
XRP whales continued to remain active in the market, despite the continuous sideways price movement of Ripple’s native coin. One of these whales was caught in the act of transfering significant amount of funds in XRP by Whale Alert, one of the web’s major cryptocurrency transaction trackers. Whale Alert shared news of the same on...Read More
XRP had been falling since the beginning of the year, while other coins experienced their own share of ups and downs in the market. However, the YTD returns of XRP have been disappointing, with the popular altocin recording a YTD of -23.85%. The coin doesn’t seem to be finding respite, even in the short term,...Read More
According to a recent report, Siam Commercial Bank (SCB), the largest commercial bank in Thailand has officially made it known that it has started conducting cross-border payments through Ripple via its Easy Pay app, and the firm has updated its website with a detailed description of ways in which it will be making use of...Read More
On August 9, 2019, Twitter user and developer H_M_X_ (@hmatejx), a member of the XRP community, announced that he will be releasing an automatic detector for Ripple xRapid transactions from US Dollars to Mexican Pesos. Automatic detection of xRapid transactions from Bitstamp (USD) to Bitso (MXN) comming soon… pic.twitter.com/d7CQmsbGwF — H_M_X_ (@hmatejx) August 9, 2019...Read More
Ripple, a real-time gross settlements system and remittance network, had recently announced a strategic partnership with MoneyGram, one of the world’s foremost money transfer companies. Immediately after this partnership went live, XRP/MXN volume on Bitso rose by 25%. Breanne M. Madigan of Global Institutional Markets at Ripple commented, “New (and notable) data shows that although...Read More
Bhavin Vaghela, Xendpay’s Head of Product Innovation. Photo: Ripple Ripple announced that they went into the partnership with the UK remittance firm Xendpay therefore widening their portfolio made from big companies that are already using Ripple’s product across their payment services – MoneyGram, Standard Chartered Bank, American Express etc. From Xendpay they disclosed what kind...Read More
Flipside Crypto in collaboration with TheStreet has published a report detailing the benefits of XRP. The deal with MoneyGram was the main topic discussed. Ripple’s growing influence involving scores of banks across the globe is a clear highlight. xCurrent lets investors send money across borders; xRapid is being used by MoneyGram [one of the largest...Read More
