With Bitcoin maintaining its position above the $10,000 mark, the crypto-market saw a host of significant whale movements between wallets. In spite of the larger market’s sideways movement, Ripple and its token, XRP, have benefited from the king coin’s surge.Whale Alert, one of the web’s major cryptocurrency transaction trackers, shared news of a significant transfer...Read More
With interest in cryptocurrencies on the rise, many prospective investors are returning their attentions to Ripple Labs – the company best-known for strongly promoting the XRP cryptocurrency token and funding their bank-friendly technology with the billions of dollars it has reaped for them. Meanwhile, cat-owners and internet users are returning their attentions to another valuable...Read More
XRP’s price has witnessed substantial volatility; over the past two weeks, XRP’s price slumped on various occasions but the valuation managed to exhibit a minor hike. 1-hour chart Source: Trading View In the 1-hour chart, it can be observed that the coin’s movement adhered to a falling wedge pattern before a bearish breakout unfolded. Generally,...Read More
Ripple price is trading in a downtrend below the $0.2600 and $0.2650 supports against the US dollar.The price is likely to extend its decline as long as it is below the $0.2650 level.There is a key bearish trend line forming with resistance near $0.2570 on the hourly chart of the XRP/USD pair (data source from...Read More
XRP market has been experiencing the calm before the storm, as the price started consolidating once again. The third-largest digital asset displayed erratic behavior with the price failing to find stable footing. As it broke out of the bullish ascending triangle in the short term, gaining 3.40% growth, this growth was immediately negated by a...Read More
An XRP evangelist is calling for a fork of the cryptocurrency to prevent Ripple from dumping coins on investors for profits. Let’s Fork XRP Every quarter, Ripple publishes a report showing the sales figures for the tokens within the preceding three months. Critics say the company is dumping these tokens for profits while the value...Read More
If I got an XRP each time someone asked me about the price, I might have become a successful hodler! Addressing the elephant in the room -the question of XRP’s price swings in short-term; surprisingly the grass is green on this side of the coin as key indicators point towards a trend reversal. August was...Read More
Few crypto tokens or altcoins have been affected by the crypto bear market than XRP, also known as Ripple. Even though Bitcoin and many others have regained much of their lost all-time high value, XRP is still down over 93% from its $3.84 price record.The post appeared first on NewsBTCRead More
During the FiNext Conference in USA, Ripple’s Director of Corporate Payments, Ryan Gaylor, claimed that bank coins like JP Morgan’s do not fix the ailing issue of centralization as opposed to XRP, reported VisionaryFinanc. This statement came up when Gaylor was discussing Ripple’s partnership with Santander. Santander Group, a commercial bank “has been planning for...Read More
With a circulating supply of 42,932,866,967 XRP and a market cap of $10,995,406,740 at press time, XRP is just recovering from revisiting its lowest value in quite some time. Looking at the 1 hour chart for XRP, a diamond pattern alongside the MACD indicator suggests a short period of stabilization moving into an upwards breakout...Read More
San Francisco-based crypto-lending and borrowing firm, Dharma, has clarified that it is not working actively on any projects related to XRP. The question arose on Twitter after the firm announcing its closed beta for Dharma version 2. While addressing the controversy surrounding the alleged case of “XRP dumping,” Ripple CEO Brad Garlinghouse had previously stated...Read More
In any financial trading space, market sentiment plays a huge role in deciding the outcome or direction of the price over a certain time period. In the cryptocurrency ecosystem, market sentiment is even more evident and sometimes, it is more important than the fundamental properties of the coin itself. Bitcoin, the world’s largest cryptocurrency, usually...Read More
Ripple price recovered recently, but it failed to break the $0.2600 resistance area against the US dollar.The price is currently moving lower and remains at a risk of more downsides below $0.2500.Yesterday’s highlighted major bearish trend line is active with resistance near $0.2580 on the hourly chart of the XRP/USD pair (data source from Kraken).The...Read More
Photo: Wikimedia Commons PNC Financial Services Group, Inc. finally went live with the blockchain payments platform RippleNet. By doing this, it became a first-ever American bank that decided to process cross-border payments just a year after they decided to adopt Ripple’s technology. As one of the ten largest banks in the U.S., the inaugurating of...Read More
XRP is down 5 percent on the day and has seen a significant retreat this year. | Source: Shutterstock By CCN Markets: To say that Ripple (XRP/USD) is a laggard would be a huge understatement. The cryptocurrency has been in a long downtrend ever since it posted an all-time high of $3.30 in January 2018. It...Read More
Photo: Christopher Michel / Flickr The XRP crypto has encountered a lot of bearish volatility lately. The token closely linked to the Ripple FinTech Company has made many analysts think that its bearish trend has resulted from Ripple selling a large number of tokens onto the markets every quarter. The third biggest crypto, XRP, registered...Read More
PNC Financial Services Group, Inc. has gone live with RippleNet on August 29, becoming the first-ever American bank to process cross-border payments, reported FintechFutures. The bank inked the deal with RippleNet in September 2018 and announced that its Treasury Management Unit would be using Ripple’s current software solution to carry out cross-border transactions. According to...Read More
Bitcoin and a few major altcoins have shocked the market as they have shed significant weight in a considerably short time. Right now, the crypto market prices have lost billions and there is no pointer to a bull run in the near future. The entire crypto market has been in a free fall of sorts...Read More
Ripple price is trading in a bearish zone and recently broke the $0.2500 support against the US dollar.Bitcoin price is down around 5% and Ethereum price declined close to 10%.There is a key bearish trend line forming with resistance near $0.2610 on the hourly chart of the XRP/USD pair (data source from Kraken).It seems like...Read More
XRP – the cryptocurrency that is closely associated with the FinTech company Ripple – has faced a significant amount of bearish volatility as of late, which many analysts believe has been caused by Ripple selling a large amount of tokens onto the markets each quarter.Brad Garlinghouse, the CEO and founder of Ripple, is now trying...Read More
The decentralized cryptographic ledger and the house of Ripple’s native cryptocurrency, XRP Ledger index 49624361 contained 370 transactions and the closing time for the ledger was just 3.5 seconds in the early hours of 28th August. The total fees for the transactions executed was 26.27 XRP. This event was tweeted by a Twitter user called...Read More
Ripple’s efforts towards XRP adoption led to a partnership with SBI Holdings, which led the way to a joint venture “SBI Ripple Asia”, to promote the use of the Virtual currency in Asian markets. Under the said partnership, SBI announced Shareholder Benefits Campaign to grant them with 30 XRP, on August 28. An excerpt from...Read More
Wietse Wind, XRPL developer, creator of the XRPTipBot and XRP Text, announced on Twitter today that the XRPL Testnet provided by Ripple had been reset. Please note: the XRPL Testnet provided by @Ripple has been reset (this happens every now and then: a fresh testnet ?). I just gave the @XRPLLabs testnet node (wss://testnet.xrpl-labs.com) a...Read More
Ripple has substantially reduced XRP sales. While Ripple had claimed to have remained transparent about the actual figures of XRP sales in its recent market report, the blockchain firm was at the receiving end of allegations which claimed that it provided manipulated figures. One of the front-runners of the industry, Ripple, has drawn passionate and...Read More
Ripple price is struggling to climb higher above the $0.2750 and $0.2800 resistances against the US dollar.Bitcoin price failed to climb above the key $10,500 resistance level and declined recently.A major bullish trend line with support near $0.2670 is at risk on the hourly chart of the XRP/USD pair (data source from Kraken).The pair could...Read More
The latest XRP wealth distribution statistics showed interesting insights into rising trends by the XRP holders over a period of three months. According to the latest XRP Richlist Stats, which monitors the trend line for the XRP wealth distribution, only 0.01% of the total XRP accounts have a balance of more than 14,231,299 XRP, which,...Read More
A plethora of advances made by the XRPL developers in terms of solidifying XRP’s usage have enhanced the coin’s adoption rates. The creator of popular XRPTipBot, a platform that enables sending and receiving of XRP tokens on social media platforms like Discord, Twitter and Reddit, XRPL Labs’ Lead Developer Wietse Wind was on the forefront...Read More
The speculations to CZ’s Twitter teaser have proven to be true – Binance has now announced the upcoming launch of its crypto lending service. Users can earn up to 15% interest on BNB and other assets. Binance has officially announced its lending service which is expected to kick off on the 28th of August, at...Read More
2019 was deemed as a positive year for virtual assets as a majority of the crypto experienced a positive hike; XRP surged in the market as well which took its valuation from $0.300 to $0.475, registering a growth of over 58 percent. However, recent bearish pullback impacted XRP’s price to take a dip below its...Read More
Ripple price is holding the $0.2650 support and is correcting higher against the US dollar.Bitcoin price rallied 5%, but it failed to continue above the $10,500 resistance area.There is a key major bullish trend line with support near $0.2680 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is likely to...Read More
