Ripple announced raising $200 million Series C funding, led by Tetragon with participation from SBI Holdings and Route 66 Ventures. This investment set a record for the company and affirmed the value of blockchain in improving global payments. SBI Holdings’ partnership with Ripple has been cemented through its venture, ‘SBI Ripple Asia’ to fuel ODL...Read More
Ripple price is currently correcting higher from the $0.1741 low against the US dollar.It seems like the bulls are struggling to clear the $0.2000 resistance area.Yesterday’s highlighted major bearish trend line is active with resistance near $0.2050 on the hourly chart of the XRP/USD pair (data source from Kraken).Bitcoin rallied more than 10% and Ethereum...Read More
Ripple’s collaboration with MoneyGram made headlines in 2019, with the two firms united in their common pursuit to boost cross-border remittances. The American fintech company recently revealed that Ripple made a $20 million investment over its initial $50 million equity investment, after the successful experimentation of Ripple’s on-demand liquidity added a credible foundation to their...Read More
Ripple’s XRP is the third-largest cryptocurrency by market cap. But its massive supply and a number of other factors will continue to be at the root of its struggles as we enter a new year. The Rise and Fall of XRP Just like all the major cryptocurrencies, XRP price enjoyed its heyday at the start...Read More
Ripple’s native asset XRP fell into an extreme negative area this Wednesday as investors pulled billions of dollars out of the entire cryptocurrency market.The XRP-to-dollar exchange rate established an intraday low of $0.174 on BitStamp around 1300 UTC. That brought the pair down by 4.39 percent from the market open. At the same time, the...Read More
New research discovered that running a full node is time-consuming and requires extensive computational resources. The observation shows that for XRP, EOS and Binance Chain networks in particular, a full blockchain audit requires days of computation and dedicated machines. Distributed Ledgers Prove Difficult to Audit The promise that a distributed ledger can be easily kept...Read More
In light of the fact that the crypto-industry is still in its nascent phase, various studies using different metrics have assessed the market’s trends and performances over the past few years. Although the market draws a common affinity to Bitcoin, other crypto-assets such as Ethereum and XRP have a strong user base and influence of...Read More
Ripple price is diving below $0.1900 and it recently traded to a new 2-year low against the US dollar.It broke a significant support, opening the doors for further losses below $0.1800.There is a key bearish trend line forming with resistance near $0.2100 on the 4-hours chart of the XRP/USD pair (data source from Kraken).BTC and...Read More
Ripple, Inc. looks to be on an expansion spree, despite the industry-wide layoffs with smaller crypto startups. Not even the price drop of XRP seems to faze the company, which is on a mission to offer a payment protocol to compete with SWIFT. Ripple Expanded Staff in December Ripple statistics show the latest hirings in...Read More
What has been a surprise today are the epic dumps by high cap crypto assets such as Ethereum, BCH, Litecoin, and EOS. Altcoins Nearing Crypto Winter Lows Total market capitalization has dumped by almost $10 billion over the past twelve hours or so. The plunge took crypto markets down to $186 billion, their lowest levels...Read More
Ripple price is down close to 6% and it broke the $0.2050 support area against the US dollar.The price is likely to continue lower below $0.2000 and $0.1980 in the near term.Earlier, there was a break below a couple of bearish continuation patterns with support near $0.2120 and $0.2050 on the hourly chart of the...Read More
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space. Also read: Regulatory Roundup...Read More
With Bitcoin and altcoins going bearish, traders are looking out for different options. One such altcoin is Ripple‘s XRP. XRP price at the moment is bleeding red. At the time of writing, SRP is in the 3rd position as per market capitalization. The XRP is trading at $0.213530 USD with a drop of 2.55%. The...Read More
Ripple price is sliding and it is under pressure below the $0.2200 resistance against the US dollar.The price is now trading below $0.2150 and it could decline further below $0.2100.There is a crucial bearish trend line forming with resistance near $0.2180 on the hourly chart of the XRP/USD pair (data source from Kraken).There are high...Read More
Ripple’s On-Demand Liquidity [ODL] platform has been noting a barrage of transactions, especially with the popular MXN corridor. According to the ODL data provider on Twitter, H_M_X, out of the total $108 million ODL flow in the fourth quarter, the MXN corridor was responsible for $100 million in transactions. Owing to the success of this...Read More
While all eyes have been on Bitcoin as of late, it may be time to pay XRP some heed. A top analyst recently noted that the popular altcoin is on the verge of seeing a bout of strong volatility, with the tug-of-war between both bulls and bears heating up on both sides, creating tighter and...Read More
There are few images as gripping as that of Kolin Burges holding up the placard reading “Mt. Gox, Where Is Our Money,” in the midst of the collapse of the largest Bitcoin exchange in the world. This image of the beanie-headed Londoner on the streets of Tokyo defined the state of cryptocurrency exchanges for much...Read More
Two years ago, as Bitcoin inched closed to the $20,000 valuation, several altcoins joined the rally. None more so than XRP, the premier payments-centric cryptocurrency enjoyed a massive high in late-2017, and relatively held back its losses in the crypto-winter of 2018. In 2019, the markets have not been too kind to this digital currency....Read More
San Francisco-based blockchain firm, Ripple, expanded its services to the Philippines with its strategic partnership with SendFriend at the beginning of this year. The money transfer company leverages the digital asset XRP and builds on top of the Interledger Protocol [ILP] to move funds internationally, on-demand. Now, it would seem that SendFriend is claiming to...Read More
XRP’s price has been stagnant for a while. Multiple technical patterns estimate that an upswing is underway. A spike in sell orders could be catastrophic. XRP has been contained within a narrow trading range over the last 20 days. Now, several technical patterns are estimating that this cryptocurrency could be bound for a bullish impulse....Read More
XRP dropped back into the $0.215 support after failing to break above $0.2345 this week. The cryptocurrency remains above the 3000 SAT level but the bears are attempting to take control. XRP has been trapped within a range between $0.215 and $0.234 throughout the entire period of December. Key Support & Resistance Levels XRP/USD Support: ...Read More
A proposed bill on remittance insurances mentions Ripple and XRP as the newest developments in payment channels. Increased cross-border remittances have alerted US regulators to the opportunities for tracking and securing funds. Potential Future Platform for Significant Remittances Ripple’s XRP was mentioned in relation to cross-border payment systems in the proposed bill text. The pending...Read More
Ripple price is struggling to recover above the $0.2200 resistance area against the US dollar.The price remains at a risk of more downsides below the $0.2180 support area.There is a declining channel forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum recovered a few points, but it...Read More
Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot program at a few branches. The Post found interest in this service...Read More
Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot program at a few branches. The Post found interest in this service...Read More
Ripple price is declining and it recently broke the key $0.2200 support area against the US dollar.The price is likely to face hurdles near $0.2200 and $0.2240 in the near term.Yesterday’s key bearish trend line is intact with resistance near $0.2200 on the hourly chart of the XRP/USD pair (data source from Kraken).The bears are...Read More
The cryptocurrency known as XRP, also called Ripple, has been among the worst performing crypto assets throughout the year of 2019.The post appeared first on NewsBTCRead More
On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong demand” for these products. Also read: Wisdomtree’s Physically Backed Bitcoin ETP Goes Live...Read More
Ripple’s investment and innovation arm, Xpring.io, has supported developers in the community by expanding the use cases of the third-largest cryptocurrency, XRP. Launched over a year ago, this developers’ platform is now adorning a different look via a single website that will include a wallet, new tools, and services, revealed the Senior Vice President of...Read More
Ripple price declined recently below the $0.2240 and $0.2220 support levels against the US dollar.The price is currently correcting higher, but facing resistance near $0.2240 and $0.2260.There is a key bearish trend line forming with resistance near $0.2240 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is facing an increase in...Read More
