The Bitcoin [BTC] market has lost 0.54% of its value in December 2019, with the king coin’s price movement recording recurring dips. A recent dip of 2.45% contributed to the price of the world’s largest crypto tumbling down from $7,450.62 to $7,268.03. Following the loss, Bitcoin tried to recover. However, it was stuck at $7,337.32,...Read More
Ripple price is currently declining from the key $0.2320 resistance area against the US dollar.The price is now trading below $0.2260 and it is showing a few bearish signs.Yesterday’s major bullish trend line was breached with support near $0.2280 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is also struggling and...Read More
XRP – the digital token closely associated to FinTech company Ripple – has had a rough couple of years, plummeting from highs of over $3.00 in early-2018 and finding itself caught within a firm downtrend that has persisted throughout all of 2018 and 2019.Although many major altcoins saw some relief in the first half of...Read More
Weiss Ratings has downgraded EOS once again, taking its ranking from a B to a C-. The group cites “failure to decentralize,” “misallocation of resources,” and a congested network as reasons for the fall in rank. “Weiss Crypto Ratings model is not based on opinion. It’s driven by data,” the group claims. In this article...Read More
Ripple price is gaining momentum and it is rising above $0.2250 against the US dollar.The price is likely to continue higher above the $0.2320 and $0.2350 resistance levels.There is a key bullish trend line forming with support near $0.2265 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is approaching the $152...Read More
XRP’s price was hovering between the $0.21-$0.25 range for a long time now. A much-needed breakout to the positive side could be in the offing as XRP bulls take position to take over. The coin was trading at $0.23 after a surge by 2.14% over the last 24-hours, at press time. Additionally, according to data...Read More
Transactions executing on Ripple’s On-Demand Liquidity [ODL] platform, previously known as xRapid, is on the rise. The fourth quarter continued to exhibit positive metrics for the XRP ecosystem despite the market’s bearish price momentum. In the latest development, XRP enthusiast, H_M_X revealed that transactions on the MXN corridor amounted to over $100 million out of...Read More
Despite the current upside momentum exhibited by the cryptocurrency market, XRP was trading below its crucial $0.23 resistance point and has been tagging slightly above the $0.21 support area. At press time, XRP was trading at $0.22 after posting minor gains of 1.96%. Source: Coinstats XRP’s 1-Hour Chart: Source: XRP/USD on TradingView XRP’s hourly chart...Read More
The ongoing lawsuit against Ripple are not over just yet. If it is left up to the company, however, it will be dismissed rather shortly. Several people still argue how XRP is a security and should be traded as such. Ripple Wants to end the Lawsuit If that were to be the case, the consequences...Read More
According to Ripple, XRP is 1/10th as volatile as fiat for cross-border payments. The current SWIFT system is so slow it exacerbates international payment risk. XRP payments clear so fast that the exchange rate risk is negligible. The math busters over at Ripple have crunched the numbers and conducted a study that concludes that XRP...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
Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, announced on October 10 the issuance of the second digital asset ever on Binance Chain, the exchange’s non-custodial trading platform. The new asset is an XRP variant and it’s listed as XRP-BF2. According to Binance, XRP-BF2 is pegged one-to-one to XRP on Binance’s main trading...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
After facing a swift selloff overnight, the aggregated crypto markets have been able to post a strong recovery today, with XRP and most major altcoins surging as Bitcoin reclaims its position within the lower-$8,000 region after briefly dipping to $7,800. Analysts are now noting that XRP’s recent price action has allowed it to form robust...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
XRP community on Twitter distinguishes itself from the rest by the title bestowed upon it- ‘XRP army’; however, a troop from this army has shifted allegiance. Leading this faction is a Twitter user ‘Crypto Bitlord’, according to whom, he/she (they) act as the delegated spokesperson for a disenchanted and disillusioned camp. Bitlord’s first operation was...Read More
Despite being at the bears’ mercy in 2019, XRP noted spurs of growth in recovery. After falling over 17% in the month of August, September carried winds of change for the coin as XRP is recording bullish momentum in the market. XRP’s price noted an upsurge of over 4% on September 7 resulting in a...Read More
XRP’s performance has been bearish for most of 2019, and the bears are not ready to quit yet. The coin registered a devaluation of 6.40% on September 6 and the lowest bid was marked at $0.2461, close to its support at $0.2419. The coin has put in a solid effort to recover from the fall,...Read More
Bakkt announced that it is opening a Warehouse. Its potential clients are those customers willing to deposit Bitcoin as well as withdraw it. It seems that the company is preparing for the introduction of its futures. Today Bakkt opened its long-awaited Warehouse for customer Bitcoin deposits and withdrawals. As they said in their tweet: Today...Read More
Ripple price extended its decline and traded towards the $0.2520 level against the US dollar.The price is currently correcting higher, but it is facing resistance near the $0.2570-$0.2580 area.There is a key bearish trend line forming with resistance near $0.2565 on the hourly chart of the XRP/USD pair (data source from Kraken).The price remains at...Read More
SBI Holdings’ President Yoshitaka Kitao bagged himself a seat with Ripple’s other Board of Directors and Kitao has ever since, been working tirelessly to promote crypto. At the recent Financial Summit ‘Finsum’ in Tokyo, Japan, Kitao made necessary mentions of the technologies embraced by SBI and its vision to expand its own customer base. While...Read More
BUSD will be available for direct purchase and redemption 1:1 for U.S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.com. Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, and global cryptocurrency exchange and blockchain ecosystem, Binance, announced their partnership regarding...Read More
Ripple and SBI have been making waves with their work together and Yoshitaka Kitao, President of SBI Holdings, is doing everything possible to promote cryptocurrencies in Japan. While attending a Financial summit dubbed ‘Finsum’ in Tokyo, Japan, Kitao offered to make trading commission-free, even for cryptocurrency assets. While giving a brief about Ripple and its...Read More
XRP fans have started a satirical petition calling for Ripple to increase its ‘dumping’ of XRP. Mocking the language of Ripple CEO, Brad Garlinghouse, they urge Ripple to ‘Unleash the Utility!’. This follows a less ‘tongue-in-cheek’ petition earlier this week aimed at preventing Ripple dumping billions of XRP and crashing price. A Groundswell Of Cynicism Yesterday, a Twitter user...Read More
Ripple price failed to break the main $0.2650 resistance area against the US dollar.The price is currently correcting lower and is trading near the key $0.2580 support area.There was a break below a major bullish trend line with support at $0.2620 on the hourly chart of the XRP/USD pair (data source from Kraken).The price could...Read More
The last 3 weeks have been anything but fruitful for XRP’s valuation in the market. On 14 August, XRP breached its long term support of $0.291 and the price recorded its year-to-date low. At press time, the token had depreciated by 11.22 percent over the last three weeks and XRP’s price was at a low...Read More
While Bitcoin price makes a comeback, XRP community investors warn Ripple overselling the XRP tokens as part of the company’s investments. After last week’s poor performance, Bitcoin is back in action swinging above $10,500 levels. Bitcoin price started gaining momentum since Monday, September 2 and added $1000 over the last 24 hours. The Bitcoin price...Read More
Ripple has been regularly making headlines, with many in the XRP community threatening a hard fork if Ripple’s board continued to dump Ripple’s native token. The San Francisco-based blockchain firm is in the news again after Ron Hammond was appointed as the Manager of Government Relations at Ripple. He was previously a part of the...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
Ripple price made another attempt to settle above the key $0.2650 resistance against the US dollar.The price is currently correcting, but it remains well supported near the $0.2600 level.There is a breakout pattern forming with resistance near the $0.2650 level on the hourly chart of the XRP/USD pair (data source from Kraken).The price is likely...Read More
