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
After breaching its psychological resistance of $0.30 on 13 February, XRP registered a largely bearish period till 20th February, with the third-largest token depreciating by 24.68 percent over 48-hours. XRP went down to $0.261 on 20 February but at press time, the crypto-asset had managed to stabilize at $0.274. According to CoinMarketCap, the asset’s valuation...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
Currently, there are five endpoints for ODL transactions in existence which include USD, PHP, AUD, MXN and EUR along with five corridors [USD-MXN, USD-PHP, AUD-PHP, AUD-USD, and EUR-USD]. However, there could be 20 ODL endpoints by the end of the year 2020, according to FlashFX’s Chief Enabling Officer, Nicolas Steiger. FlashFX is the only licensed...Read More
The on-demand liquidity [ODL] platform, introduced to ease and fasten cross-border remittance problem by Ripple, has been expanding globally. Ripple has on-boarded another bank through its RippleNet member Nium. Nium, formerly recognized as InstaReM, announced a partnership with Banco Topazio on 18 February. The digital cross-border payments platform announced that it has “put the finishing...Read More
As the price of Ripple’s XRP struggles to climb higher heights, it appears holders keep seeing more reasons to worry. Actually, Sale of XRPSale of XRP While this highly controversial annual event causes panic in the long term, it appears XRP’s parent company is not the only XRP whale dumping the coin on the market....Read More
XRP’s sudden flash crash on Bitmex has users furious. | Image: shutterstock.com Entire accounts were wiped out as XRP/USD on the Bitmex exchange tanked. Bitmex is not compensating traders whose stops were not executed. The Crypto Twitter community chimes in on the shocking development. Bitmex is once again grabbing headlines for all the wrong reasons....Read More
The altcoin market has slowly begun to rally and XRP, in particular, has risen by 75% since the start of 2020. Other altcoins like Bitcoin SV have surged by over 200% since the start of 2020 as well. At press time, the price of XRP was recorded to be $0.3275, and this is after its...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
The cryptocurrency market has been bullish since the beginning of the year. With Bitcoin surging more than 40% since January, many popular altcoins have followed the lead and made remarkable price movements. A combination of this correlative pump in prices and the corresponding maintenance of such pace has caused many to believe that the crypto...Read More
There is never a dull day on crypto twitter with endless drama, criticism, clap backs, and even personal attacks. The latest episode features Bitcoin maximalists and Ripple backers. Mike Novogratz Bashes XRP Ripple (XRP) recently came under a fierce attack by Galaxy Digital CEO Mike Novogratz saying that the cryptocurrency would underperform again this year...Read More
XRP and all other cryptocurrencies just closed out their weekly candles a couple of hours ago, with today’s close being widely viewed as a critical event that would offer significant insight into where the markets will head throughout the rest of the year. XRP, which has seen a relatively good week, was able to close...Read More
Ripple‘s Co-founder Jed McCaleb bowed out of Ripple in 2013, following which he signed a contract with the company to establish how much of his assets McCaleb can sell. McCaleb claimed to own 9 billion XRP at the start of the Ripple ledger and according to Whale Alert, McCaleb has sold over a billion XRP...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
Ripple‘s on-demand liquidity platform noted an exponential rise of 550% between Q3 and Q4 of 2019. This increased level of activity was largely contributed to by the Mexican corridor, a corridor that still holds a large volume of ODL transactions. However, recently all three active corridors, XRP-MXN, XRP-PHP, and XRP-AUD, recorded new highs. According to...Read More
Ripple’s XRP-powered cross-border payment solution, On-Demand Liquidity [ODL] has seen an exponential rise since last year. The XRP/PHP trading pair on the Manila-based exchange Coins.ph, which leverages Ripple’s ODL, created a new record. Liquidity Bot Index revealed that XRP/PHP hit an all-time high of 2.7 million XRP on 29th January. Its previous high stood close...Read More
Since XRP’s brief tryst with the $0.25 level on January 18, the cryptocurrency saw a steady decline over the following week to under $0.21. However, XRP has risen in value since then to around $0.232 at the time of writing, and the coin’s aspirations of meeting the $0.25 level again may be finally within reach....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
The XRP community faced a bump on 24 January when Twitter decided to ban the XRP Tipbot account, a service developed by Wietse Wind, an XRPL developer and founder of XRPL Labs. Wind informed users about the ban and explained that the tips on Twitter were not being processed; he also reassured them that the...Read More
The XRP ledger has closed over 51 million ledgers since its creation and is today, home to over 150 known validators, according to Ripple’s recently-released Q4 report. And while many have alleged the firm ‘controls’ the third-largest crypto-asset’s price, Ripple in its report highlighted its transparency, claiming that it has provided regular updates on the...Read More
After incurring a slight pullback over the past couple of days, Ethereum and the aggregated cryptocurrency markets appear to be primed for an extension of their recent uptrend. This overt strength is coming about as Bitcoin is beginning to show signs of recovering from its recent lows and may point to the possibility that the...Read More
If something seems too good to be true, it probably is. The gullibility of some when it comes to money has cost them a lot of funds and the crypto-space is no different. Fake giveaways and airdrops seem like an everyday affair now. In what is a recent development, Ripple-backed web monetization platform Coil has...Read More
Following the sudden rise in XRP’s value from the $0.184 mark to $0.225 in just three days, beginning from 3 January, the coin has been making steady gains, rising all the way up to $0.25. However, XRP seems to be following a fractal and could be in for a drop in the short-term. At the...Read More
In yet another milestone for the XRP Ledger [XRPL], an open finance hub called FinNexus has revealed its plans to leverage XRPL’s technology, according to a recent blog published on 17 January. In line with its 2020 roadmap, FinNexus intends to utilize XRP Ledger to tokenize assets in terms of protocol development. The released roadmap...Read More
Malta-based cryptocurrency exchange Binance launched a function that allows users to instantly convert other stablecoins into BUSD, on January 16, 2020. The announcement stated, “The ratio to convert PAX, USDC, and TUSD into BUSD will be set at 1:1 with zero fees. The ratio to convert USDT into BUSD will vary based on the current...Read More
Between June 22 and July 15, XRP dropped by almost 44%, from $0.50 to $0.283. Since then, the coin has been unable to rise above the $0.34 mark, though that may be about to change in the coming months. At the time of writing, XRP was valued at around $0.21, with a market capitalization of...Read More
