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
In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically. The report also indicates that members of the XRP army have continued to decline since January 2018. The new stats could indicate a continuous trend of capitulation by XRP investors. Times have drastically...Read More
Quick take: CEO of Morgan Creek Digital, Mark Yusko, was a recent guest on Thinking Crypto, a Youtube crypto news channel. In the interview, Mr. Yusko discussed the current state of the stock market, COVID19, the genesis of Morgan Creek Capital, CBDCs and more. He further explained that XRP and XLM were too closely held...Read More
Quick take: XRP’s price briefly tested $0.20 as a result of the crypto market resurgence. If this momentum is maintained, it could reclaim $0.25 and turn it into support based on the 3 Day XRP/USD chart. However, gains exhibited by all cryptocurrencies might still be vulnerable to the global effects of the Coronavirus. The majority...Read More
In brief: Initially, XRP/USD looked set to lose the $0.16 support zone. The coin has since reclaimed $0.17 and is currently trading at $0.1766. However, one analyst warns this might be a brief rally. In the last 24 hours, the crypto markets have gained $11 Billion in market capitalization. The total market cap now stands...Read More
Although the crypto market has posted a slight recovery since Monday’s brutal lows, Bitcoin, XRP, and all other cryptocurrencies remain down dramatically since Saturday’s highs. Case in point: XRP is still trading at $0.21. With this, the cryptocurrency is looking poised to close a weekly candle below crucial horizontal support, potentially marking a further blow...Read More
Although Bitcoin remains up on the year, XRP hasn’t fared as well; the third-largest cryptocurrency, per data from CoinMarketCap, is down over 40% from its $0.34 high seen in the middle of February, posting a small loss since the year started. Unfortunately, analysts across the board only expect XRP to trend lower in the coming...Read More
If you were following cryptocurrency in 2017 and 2018, you likely know of Tiffany Hayden. For some reason or another, she managed to gain a massive following on Twitter — I’m talking about tens of thousands of fervent followers — while discussing XRP and Ripple, touting sentiments like how she expects for the cryptocurrency and...Read More
Ever since tapping multi-week lows on the weekend, the crypto market has embarked on a recovery. XRP, having traded as low as $0.22 last week is now at $0.241, rallying alongside Bitcoin, which has retaken $9,000 as of the time of this article’s writing, per data from CoinMarketCap. Despite this, a prominent cryptocurrency trader, who...Read More
Revolutionary technologies are inherently controversial. This was proven true just this week when the CEO of Ripple Labs, Brad Garlinghouse, bashed Bitcoin and Ethereum in a direct tweet, sparking discourse. The reason? Garlinghouse thinks that the cryptocurrencies’ mining mechanism, which sees miners contribute computational resources to secure the blockchain, is wasteful and a threat to...Read More
While Bitcoin has been defined as a non-security by the Securities and Exchange Commission (SEC), the regulatory status of XRP, the third-largest cryptocurrency, is still up in the air. The cryptocurrency being found as a security could, as fintech upstart Ripple put it, “upend and threaten to destroy the established XRP market more broadly.” Despite...Read More
Since bottoming around $0.17 in December, XRP has performed well, rallying 35% to $0.23, where the cryptocurrency sits as of the time of writing this. While 35% is not a two-month return to scoff at, the long-term chart of XRP printed a bearish signal in February. XRP Fails to Retake Key Horizontal: Bearish Despite the...Read More
If you’ve been in the crypto industry for a while now, you likely know of the controversy regarding XRP, specifically that fintech upstart Ripple owns a large portion of the cryptocurrency. While the company pledges to not have made the cryptocurrency, it undoubtedly owns a large sum of the asset, which is released from escrow...Read More
XRP In Danger? While XRP has already performed fairly poorly over the past 15 days, falling from a high above $0.30 to $0.23 as of the time of writing this, some have begun to fear the cryptocurrency’s prospects are worsening. BlockTV cryptocurrency analyst Joe Saz recently shared his thoughts on a recent airing of the network....Read More
While XRP has already performed fairly poorly over the past seven days, some have begun to fear the cryptocurrency’s prospects are worsening with news that $230 million worth of XRP was unlocked from Ripple’s escrow wallet. For instance, BlockTV crypto analyst Joe Saz wrote: “Either way it’s bad. They send back to escrow to maintain...Read More
The past few days haven’t been kind to the crypto markets. After peaking last week, market leaders Bitcoin, Ethereum, and Ripple’s XRP and smaller altcoins saw their values tank. XRP, unfortunately, was hit especially hard, perhaps because it has seen an especially strong rally over the past eight weeks. The asset was hit so hard...Read More
XRP Could Plunge, Analyst Warns After Brutal Rejection Above $0.34 Last week, XRP saw a brutal rejection above the $0.34 price point, falling off a cliff all the way to $0.265 as Bitcoin saw a similar rejection at the $10,500 resistance. According to full-time cryptocurrency trader Cold Blooded Shiller, this rejection could spell disaster for...Read More
Over the past two days, the crypto market hasn’t fared too well. After peaking last week, the prices of digital assets across the board have tanked. XRP, the third-largest cryptocurrency by market capitalization, tanked from the multi-month high just a smidgen above $0.34 to as low as $0.265 — a hurting loss of over 25%....Read More
Last weekend, the world’s Ethereum fanatics, developers, founders, and companies descended on Denver, Colorado to discuss developments regarding their favorite blockchain. The event they were attending was ETH Denver, a hackathon and convention for all things Ethereum. While the premise of the event was centered around the second-largest blockchain (by its native cryptocurrency’s market capitalization),...Read More
XRP hasn’t done too well ever since finding a local top last week. Since peaking at $0.34, the price of the leading cryptocurrency has fallen off dramatically, tanking over 20% to as low as $0.265 or so on Wednesday. Despite this strong pullback, there remain many analysts that expect for XRP to surge even higher...Read More
As Bitcoin has collapsed over the past day, so too has Ripple’s XRP. Since peaking at around $0.34 last week on the back of FOMO buying, the popular altcoin, the third-largest cryptocurrency by market capitalization, has plunged as low as $0.26 — a drop of around 25%. Ouch. While the cryptocurrency has already plunged heavy,...Read More
XRP has been one of the best performing major cryptocurrencies over the past several days, with its recent rally past $0.30 allowing it to form a highly bullish market structure that is likely to lead it significantly higher in the near-term. Analysts are now noting that a break above $0.33 could be imminent, potentially allowing...Read More
XRP incurred a significant amount of upwards momentum over the past couple of days, which came about as Bitcoin and other major altcoins faced turbulence that put their recent uptrend at risk of being invalidated. It now appears that XRP was front running the general crypto markets, as BTC and other cryptos all incurred significant...Read More
The aggregated crypto markets have been caught within a firm and unwavering uptrend over the past several days and weeks, which allowed many cryptos, including XRP, to put significant distance between their current prices and their recent lows. It is important to note that while XRP has seen some decent momentum in recent times, it...Read More
Some crypto assets have had a worse 2019 that others and XRP is one of them. At the moment the Ripple token is still down 15% this year but that could be about to change as XRP finally starts to move in the lead up to the company Swell event next month. XRP Surges 20%...Read More
XRP Chart Strong It seems that cryptocurrency bulls are back — at least for now. Over the past 24 hours, Bitcoin has gained 7%, rallying to $8,400 from this weekend’s local low of $7,700. Interestingly, altcoins have managed to keep pace with the market leader, posting similar if not greater gains. XRP, for instance, has...Read More
Ripple Bags Business Deal Just announced minutes ago, crypto-centric fintech startup Ripple has just made an expansion into Iceland. In a blog post, the San Francisco-headquartered company revealed that it has acqui-hired (acquired and hired) Algrim, a cryptocurrency trading firm based in the Nordic country. This move marks the company’s latest expansion into Europe. According...Read More
While bitcoin has been steamrollering everything else in the land of altcoins, some are going to extreme measures to manipulate their own token prices. Ripple’s recent transfer of 500 million tokens from its escrow wallet is one example, but how will it affect the price of XRP. Ripple Dumping More XRP According to a tweet...Read More
Photo: Christopher Michel / Flickr The XRP crypto has encountered a lot of bearish volatility lately. The token closely linked to the Ripple FinTech Company has made many analysts think that its bearish trend has resulted from Ripple selling a large number of tokens onto the markets every quarter. The third biggest crypto, XRP, registered...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
