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
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
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 price is now trading well below the $0.2000 and $0.1950 supports against the US dollar.XRP is facing hurdles, while bitcoin and Ethereum are declining steadily.There is a connecting bearish trend line forming with resistance near $0.1890 on the hourly chart of the XRP/USD pair (data source from Kraken).The price could continue to decline unless...Read More
After touching a low of $0.175 on December 18, XRP’s performance over the rest of 2019 seems much more digestible. For the period between January and April, XRP consolidated between $0.30 and $0.32, only to rise to $0.50 by June. The coin has been on a steady decline since then, with only a couple of...Read More
The crypto investors seem to not really care about the real potential XRP has which was noticed by some of the analysts and economists after Ripple’s XRP had its worst year from a technical perspective, ending the year on a low note as reported in the XRP news. Although the bearishness of the asset is...Read More
Looking back at 2019, it is quite evident how Malta-based cryptocurrency exchange Binance paved its way across various sectors and geographies. With global expansion as one of its major goals this year, the Changpeng Zhao-led exchange focused on other developments as well. Throughout the year, the platform ventured into several other countries in order to...Read More
Grayscale, an institutional crypto asset management company, recently released a report analyzing XRP’s coin history, protocol, price, transaction speed and more. According to the report, the early developers of the XRP Ledger focused on creating a fast protocol that challenged established financial systems. Grayscale found that Ripple is less decentralized than BTC and ETH, although...Read More
It’s no secret that XRP – the digital currency with close ties to FinTech company Ripple – hasn’t had the best year from a technical perspective, ending the year on a low note after recently setting fresh post-2017 bull run lows.Although this bearishness may or may not be justified while considering its fundamental utility and...Read More
After a ~26% rise in value between the 17th and 18th of September, XRP’s 33% crash over the next 6 days shook the community, as the coin saw lows last seen over two years prior. Despite a relatively impressive boost from $0.22 to more than $0.31 over the next month and a half, it’s safe...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, December 24th, the XRP stopped falling. It is generally trading around $0.19. On D1, XRP/USD keeps developing a downtrend after the renewal of the previous minimum. The main goal of the current movement is the psychologically important level of $0.1000. Convergence on the MACD signals a...Read More
Ripple price is still struggling to gain momentum and declining below $0.1920 against the US dollar.Yesterday, XRP failed to rise substantially, while bitcoin and Ethereum climbed more than 5%.Recently, there was a break below a major bullish trend line with support near $0.1955 on the hourly chart of the XRP/USD pair (data source from Kraken).There...Read More
XRP has been facing some bearish price action in recent times despite the ongoing recovery seen across the aggregated crypto markets and the increasing investments that Ripple is making to further enhancing the token’s utility.Analysts are noting that this lackluster price action is likely to result in further downside for XRP in the near-term, with...Read More
In another boost for the XRP ecosystem, Bitrue, a Singapore-based cryptocurrency exchange announced that it will soon list 27 new XRP pairs on its platform. With XRP as the base pair, the first 14 coins to be paired with it will be opened for deposits and withdrawals starting on 23rd December. The official blog post...Read More
XRP was not among the gainers as the cryptocurrency market attracted capital of up to $12 billion in a day.The Ripple blockchain’s native asset slumped by up to 2.19 percent on Monday to establish an intraday low of $0.194. The downside move negated XRP’s gains – registered during the Sunday trading session – by 1.38...Read More
Ripple’s ODL corridor to Australia was tested for over a year before its CEO, Brad Garlinghouse announced the gateway will go live Via FlashFX, an Australian Exchange. However, the ODL service has been noting minimal transactions, pointing out that the corridor has not been activated yet. Meanwhile, Flash FX expanded its ODL service to the...Read More
Ripple price is slowly rising and it is now trading above $0.1950 against the US dollar.The price seems to be lacking bullish momentum above the $0.1980 and $0.2000.There is a key bullish trend line forming with support near $0.1950 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is showing positive signs...Read More
Ripple, a company behind XRP cryptocurrency, became a $10 billion blockchain giant after raising $200 million in a funding round earlier this month. But according to one prominent trader, the San Francisco firm has no value.Tone Vays, a former Wall Street trader and vice president of JP Morgan Chase, criticized Ripple for sucking value out...Read More
Despite what the news may imply, Bitcoin (BTC) is up on the year, having posted an over 70% gain. XRP, Ethereum, and other altcoins, on the other hand, have suffered, plunging under the weight of a volatile Bitcoin.Some cryptocurrencies have been hurt more than others. The most hurt altcoin in the top 10 has to...Read More
Over the past few days, Bitcoin has strongly outperformed altcoins, especially Ethereum and XRP. On Wednesday, when BTC was trading 8% down on the week, both ETH and XRP — the second and third-largest cryptocurrencies by market capitalization, respectively — were down nearly 15% since the weekly open, crushed under the pressure of BTC volatility.Related...Read More
With XRP dipping below $0.20, it has been a tough time for bag holders to bear as this is the second time XRP has dipped below the $0.20 point in a month. Even as Ripple, the company closely affiliated with XRP, makes headway into the payment industry, the price of XRP seems to facing troubled...Read More
The Bahrain-based crypto exchange, ‘Rain’ announced recently on Twitter that they had received a license from the Central Bank of Bahrain. This will allow the exchange to accept local currencies in and around Bahrain like Saudi Arabia, the United Arab Emirates, Kuwait, Oman, etc. Our mission is to bring cryptocurrency to the Middle East. We...Read More
Ripple has a great end to Year 2019. The network announced that it has earned $200M funding in a Series C investment. The Series C was led by Tetragon with participation from SBI Holdings and Route 66 Ventures. Ripple plans to use these funds to accelerate XRP adoption globally. Following the news, XRP price saw...Read More
The dollar price of Ripple’s token XRP has remained relatively flat, with a long-time gradual slide for all of 2019. But the story about price action may be hidden in another pair, XRP/BTC. XRP Closes In on Crucial Level Against BTC XRP may be nearing another crossroad level, though not expressed in terms of dollar...Read More
FinTech startup Ripple announced today that they are capping off a “record” year with a $200 million Series C fundraising round, which was completed in hopes of providing them with more flexibility to help continue building their operations on a global scale.This fundraising round comes concurrently with significant community criticism of the company’s regular market...Read More
Blockchain start-up and XRP proponent Ripple says it’s raised a $200 million investment round, lifting its valuation to $10 billion.The post appeared first on NewsBTCRead More
Ripple’s partnership with SBI and MoneyGram proved to be beneficial for expanding the digital asset’s use cases. During the Swell Conference of 2019, Ripple spoke about several partnerships it had kept undercover, which will be announced in 2020. As the year comes to an end, Ripple talked about three major themes of 2020 that might fuel...Read More
