XRP

Bitso Notes All-time High Liquidity in its XRP/MXN Payment Corridor

When it comes to Ripple and XRP, the main area of focus is the financial sector, rather than cryptocurrency. In recent weeks, it appears that the XRP/MXN liquidity through Bitso has reached a new all-time high. The XRP asset was never designed to rival Bitcoin or other crypto assets. XRP is Doing Wonders for Bitso...
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XRP in for another negative breakout as 200-moving average resists upswing

XRP’s price, despite a minor upside break, has failed to breach any significant resistances. In 2019, XRP was one of the worst-performing assets among the top ten cryptocurrencies by market cap. This The post XRP in for another negative breakout as 200-moving average resists upswing appeared first on AMBCrypto. The post appeared first on AMBCrypto
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XRP WIll Power Remittances Between Large Japanese Enterprises

Ripple has been making headway in the financial sector across the globe. Especially Asia, and more particularly Japan, is a region of great interest. That situation will only intensify following a new XRP-based remittance solution launching in the country. FXCoin Sees Merit in Ripple and XRP Rumor has it that FXcoin is looking to become...
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XRP Price Analysis for May 22nd – XRP Has Little Strength For Restoring

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 22nd, the XRP is trying to restore after two days of sales but the impulse is not enough. The cryptocurrency is generally trading at 0.1968 USD. The technical picture of Ripple on D1 has not much changed since last week and is typical of the whole...
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XRP Price Analysis for May 15th – XRP Switches to Correction

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 15th, the XRP rate is correcting after the recent growth. The cryptocurrency is generally trading at 0.2023 USD. On D1, XRP/USD keeps forming an uptrend after a correction. Upon correcting from 50.0% Fibo, the quotations are trading near 38.2%. At the current stage, this may signify...
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Academic Paper Claims Most XRP, XTZ, and EOS Transactions Aren’t Valuable

When it comes to alternative cryptocurrencies and their blockchains, there will always be some sort of debate. A new academic paper certainly paints an interesting picture for EOS, Tezos, and XRP. Many people feel that Bitcoin is the only real viable cryptocurrency out there. Academic Paper Blasts EOS, XTZ, and XRP Everything else is, in...
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XRP Price Analysis for May 8th – XRP Stuck in a Flat

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 8th, the XRP remains in a flat, slightly declining. It is generally trading at 0.2166 USD. On H4, XRP/USD is correcting the previous declining wave, moving in a mid-term ascending channel. The quotations rose to 50.0% Fibo but a divergence on the MACD proved the necessity...
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Ripple ODL: Bitso processes highest value of remittances in April

XRP has been the third-largest coin for quite some time now, however, it might be the only major coins whose developments in the space are not reflected in its price. Ripple’s on-demand liquidity [ODL The post Ripple ODL: Bitso processes highest value of remittances in April appeared first on AMBCrypto. The post appeared first on...
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Ripple Faces Another Lawsuit Over its XRP Asset

Ripple has always been a company that attracts a lot of attention in the cryptocurrency world. Unfortunately, that also means that the company has to deal with lawsuits every now and then. Speaking of lawsuits, a new one has been filed by Bitcoin Manipulation Abatement LLC.  Another Ripple Lawsuit Pops up According to that group,...
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XRP Price Analysis for April 21th – XRP Looks Ambiguous

By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, April 21st, the XRP cryptocurrency looks dubious, slightly growing in price. It is generally trading at 0.1836 USD. On D1, the technical picture is typical for the whole crypto market. The price is consolidating between 38.2% и 23.6% Fibo, which may mean that the price may be...
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XRP’s Price Could Keep Falling as Holders Decrease

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...
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Why One Crypto Hedge Fund Won’t Hold XRP and Stellar (XLM)

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...
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XRP Price Analysis for April 10th- Massive Transaction Did Not Help XRP Grow

By Dmitriy Gurkovskiy, author at RoboForex Blog. On Friday, April 10th, the XRP price is declining. The cryptocurrency is generally trading at 0.1934 USD. On H4, the quotations remain inside an ascending channel. However, we must note that the ascending has reached 38.2% of the previous declining wave. and a divergence has formed on the MACD....
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Why a Central Bank Digital Currency (CBDC) Will Be Launched Soon

Quick take: The three major economies of China, France, and South Korea have recently been linked with expressing interest in launching their own Central Bank Digital Currencies. Interest in crypto by private citizens has risen slowly but surely after numerous signs of a global recession. The Coronavirus has highlighted the need to go entirely paperless...
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XRP Price Could Reclaim $0.25 Based on the 3 Day Chart

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...
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Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion

Digital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are...
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XRP Price Analysis for April 3rd – XRP Grows But Slowly

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, April 3rd, the XRP keeps growing smoothly. It is generally trading at 0.1794 USD. On H4, XRP/USD keeps demonstrating the development of a correctional phase after a deep decline. The correctional trend is growing very slowly but steadily. The growth has reached 23.6% Fibo and keeps...
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XRP Price Analysis: Bulls Back in Control but Analyst Warns $0.078 is Possible

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...
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Porn Industry Thrives During Lockdown — These Sites Are Cryptocurrency-Friendly

Porn sites have been experiencing increased traffic as the number of people under lockdown or quarantine rises due to the coronavirus pandemic. Many of these sites accept cryptocurrencies, including Pornhub. The popular porn site currently offers residents of some countries free premium membership for a limited time to help them stay home during the covid-19...
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XRP Price Analysis for March, 20th – XRP Remains Under Pressure

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The attempts of the XRP to perform a bounce after stressful trading days keep failing. On Friday, March 20th, it is generally trading at 0.1636 USD. On D1, the quotations may perform a pullback after a swift declining impulse. The quotations broke through the last meaningful low of...
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Ripple Price Prediction: Will Ripple Reach $5 In 2020?

QUICK NAVIGATION : Ripple Price Today Ripple Price Fluctuations In The Previous Years Ripple Price Prediction 2020 Our Prediction Recent Updates On Ripple Along with Bitcoin and Ethereum, various other cryptocurrencies are currently trending in the market. Ripple’s XRP is also one among those top 10 cryptocurrencies. But, now you might be wondering about the...
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One of XRP’s Top Proponents Folds Amid Crypto Market Crash

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...
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XRP Price Continually Fails at $0.24: Here’s Why This Level is So Important

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...
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Bitcoiners Fire Back at Ripple CEO for Tweet: The Great Mining Spat

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...
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Is XRP a Security? Lawyer Makes Case For This Argument

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...
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XRP Could Fall From $0.23 as Price Prints Long-Term Bearish Signal

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...
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Ripple CEO Reveals Truth About Company’s Sales of XRP Stash

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...
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Is XRP’s Price In Danger? Trader Explains Why It Just Might Be

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....
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Fears of Drop Grow as $230m In XRP Unlocked From Ripple’s Escrow

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...
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What to Expect in the Cryptocurrency Market Forecast by 2020?

Hey there, welcome to the cryptocurrency forecast for the year 2020. Let’s dive in to know further. The crypto industry is facing a lot of Ups and downs recently. The year 2019 cannot be fully termed as bearish or bullish as the cryptocurrency market experienced both these trends. However, November sees most of the currencies...
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