XRP

XRP’s rising tide likely to face hurdle with formation of descending triangle

The year 2019 has been rough for XRP solely because of its price. As the new year set in, XRP’s price consolidated mainly between the price range $0.2604 and $0.3834. After numerous tries, the third-largest coin broke out from the consolidating price range but eventually had to return after 56 days. Since then, the price...
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Female Hacker Fesses Up to 100,000 XRP Fraud Down Under

Another day, another cryptocurrency theft. | Source: Shutterstock By CCN Markets: 7News Sydney reports that Katherine Nguyen is the first-ever Australian resident to plead guilty for cryptocurrency fraud after stealing 100,000 XRP. In 2018, twenty-four-year-old Nguyen hijacked the email account of an elderly man of the same surname for two days before handing back access....
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XRP’s price may take another hit as coin moves towards breaching descending triangle

The previous year had been ruthless to cryptocurrencies, however, this year has been all about recovering from the bear’s attack for most coins but one.  XRP’s adoption spree is evident, but that has not helped it break away from the continuous consolidation pattern the coin has been subjected to. As it goes through minor crests...
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XRP’s price to climb upwards after coin fights off immediate bears

XRP has not been having a great year, in terms of price as the market reports negative YTD returns for Ripple’s native token. However, XRP has been on an adoption spree since the beginning of the year, Ripple’s recent partnership with MoneyGram being an illustrious example. Despite the technology and institutional partnerships turning heads, the...
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XRP worth over $150 million moved between wallets as whales continue to wake up from dormancy

XRP whales continued to remain active in the market, despite the continuous sideways price movement of Ripple’s native coin. One of these whales was caught in the act of transfering significant amount of funds in XRP by Whale Alert, one of the web’s major cryptocurrency transaction trackers. Whale Alert shared news of the same on...
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XRP’s price might fall further as coin consolidates between ascending channel

XRP had been falling since the beginning of the year, while other coins experienced their own share of ups and downs in the market. However, the YTD returns of XRP have been disappointing, with the popular altocin recording a YTD of -23.85%. The coin doesn’t seem to be finding respite, even in the short term,...
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Developer releases tool to automatically detect Ripple xRapid transactions

On August 9, 2019, Twitter user and developer H_M_X_ (@hmatejx), a member of the XRP community, announced that he will be releasing an automatic detector for Ripple xRapid transactions from US Dollars to Mexican Pesos. Automatic detection of xRapid transactions from Bitstamp (USD) to Bitso (MXN) comming soon… pic.twitter.com/d7CQmsbGwF — H_M_X_ (@hmatejx) August 9, 2019...
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Ripple’s partnership with MoneyGram reaps 25% growth in XRP/MXN volume

Ripple, a real-time gross settlements system and remittance network, had recently announced a strategic partnership with MoneyGram, one of the world’s foremost money transfer companies. Immediately after this partnership went live, XRP/MXN volume on Bitso rose by 25%. Breanne M. Madigan of Global Institutional Markets at Ripple commented, “New (and notable) data shows that although...
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Ripple Puts Remittance Company Xendpay on Board

Bhavin Vaghela, Xendpay’s Head of Product Innovation. Photo: Ripple Ripple announced that they went into the partnership with the UK remittance firm Xendpay therefore widening their portfolio made from big companies that are already using Ripple’s product across their payment services – MoneyGram, Standard Chartered Bank, American Express etc. From Xendpay they disclosed what kind...
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Bitcoin Dominance Actually Above 90%, New Research Suggests

According to expert predictions, the Bitcoin dominance registered on CoinMarketCap has been tweaked for liquidity. Forecasting that in reality, the dominance could cripple the survival of Altcoins. As the current value of Bitcoin hovers around $10,000, it’s dominance upsurges in correspondence. According to CoinMarketCap’s estimate as at Thursday, 5th August. BTC dominance was sitting around seventy...
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Ripple Price (XRP) Facing Uphill Task: Fresh Decline Likely

Ripple price started an upside correction after trading as low as $0.2580 against the US dollar.Bitcoin price is back above $10,000, but it is facing many important resistances near $10,250.Yesterday’s followed key declining channel with resistance near $0.2670 was breached on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is now...
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Ripple Net Welcomes New Member: Xendpay

UK-based international money transfer company Xendpay is the newest member to join Ripple Net, which will give Ripple access to markets in Bangladesh, Malaysia, Philippines, Vietnam, Indonesia, and Thailand. Ripple posted on its blog that Xendpay provides “some of the most competitive rates on cross-border money transfers” which also offering customers “the option to waive...
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Altcoins Bleed Whenever Bitcoin Lingers around $10k Level

Bitcoin and altcoins are forming a strange correlation as of late, according to data provided by market analyst Ceteris Paribus.The noted cryptocurrency trader found that leading altcoins plunged massively every time bitcoin tested or hinted to check the $10,000 level. Between June and August 21, bitcoin closed above the $10,000 mark four times. And each...
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XRP Ledger gets 5 more validator nodes through kompany’s API platform BREX

On Aug 21, 2019, kompany announced that their API platform, BREX, had brought 5 more XRP Ledger validator nodes live, for a total of 6 nodes verifying thousands of transactions each, every day. And now there are 6 – We’re happy to announce that kompany’s #API Platform BREX has taken 5 more #RippleNet XRP Ledger...
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Ripple Price (XRP) Targets Fresh Monthly Low: BTC & ETH Takes Hit

Ripple price is following a bearish path and it recently broke the $0.2700 support against the US dollar.Bitcoin price is down around 8% and it settled below the key $10,000 support area.There is a major declining channel forming with resistance near $0.2680 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair...
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Ethereum’s Vitalik Buterin refutes CZ’s claim that newer blockchains have largely solved scalability issues

Vitalik Buterin was in the news after speaking to the newspaper, ‘Toronto Star’, and stating that “Scalability is a big bottleneck because the Ethereum blockchain is almost full.” High transaction fees are obstructing widespread adoption, he said. His words were, “If you’re a bigger organization, the calculus is that if we join, it will not...
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RippleNet-Xendpay teams up to open up new corridors

Ripple has been touted as a disrupter in many ways to the legacy remittance service platforms; with the partnership with London-based remittance firm, Xendpay, Ripple is all set to extend the former’s initiative of ‘optional transfer fees’, where customers are given an option to waive fees with a service called Pay What You Want. According...
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Austria’s Telecom Giant A1 Announces Accepting Cryptocurrency Payments

Photo: A1 Austria’s telecommunications giant and the country’s largest mobile service provider A1 has officially announced accepting cryptocurrency payments at some of its store locations across Austria. In the official announcement, A1 states that in its pilot project, they will accept cryptocurrency payments at some A1 shops while demonstrating global businesses that integrating digital currency...
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PR: Kinesis Partners With Hardware Wallet Provider CoolbitX

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. 21/08/2019, London: Kinesis is proud to announce a partnership with CoolBitX Technology, the developers of the world’s first...
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Cardano, EOS and Ripple’s XRP Cryptocurrency Price Prediction and Analysis for August 21st: ADA, EOS, and XRP

Cardano Price Analysis (ADA/USD) The price of ADA/USD pair has recorded an impressive price recovery over the intraday.  The price-performance is bullish with an upsurge gain of 11%. The market escalated from where it closed yesterday at $0.04719 where it is currently trading at $0.05027. Additionally, the market began the session with a bullish pressure...
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Ripple Price (XRP) Breaks Key Support: More Downsides Likely

Ripple price started a fresh decrease after it failed to break the $0.2920 resistance against the US dollar.Bitcoin price is struggling to hold the main $10,500 support area.This week’s followed bullish trend line with support near $0.2740 was breached on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is currently trading...
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Ripple partner R3’s David Rutter believes collaboration is key to enhancing legacy institutions’ efficiencies

R3’s Corda Settler entered into a partnership with the centralized payments network, SWIFT in January 2019. R3 also commenced testing its Corda Settler payments engine with XRP, Ripple’s native cryptocurrency. The Brad Garlinghouse-led firm is often dubbed as a potential disrupter of the SWIFT network and the collaboration has been welcomed with open arms by...
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Ripple Price (XRP) Eyes Fresh Increase While Bitcoin Rallies

Ripple price is facing a strong resistance near the $0.2900 and $0.2920 levels against the US dollar.Bitcoin price rallied recently and even broke the $10,600 and $10,800 resistance levels.Yesterday’s highlighted bullish trend line is active with support near $0.2750 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair could decline a...
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Ripple And Santander – XRP Is Going Nowhere, But Fanboys Still Won’t Listen

Ripple has been in the headlines today, as the Spanish bank Santander confirmed plans to extend the use of Ripple’s xCurrent network. The banking behemoth will be rolling out its One Pay FX mobile app to customers in Latin America, enabling a payment gateway for sending funds to the U.S. The XRP price jumped from...
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Santander Group to offer Ripple powered service to Latin America

Santander Group unveiled its plan to expand services associated with Ripple technology. With the aim of building an efficient payment gateway, the bank wants to deliver services to Latin American customers so that they can carry out transactions and send the money effectively to the US without any charges. Currently, only U.K. and Spain-based customers...
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Santander Group Plans to Bring Ripple-powered Remittance Service to Latin America

The Santander Group plans to establish a new payments corridor in Latin America allowing countries to make instant payments to the U.S. using Ripple’s xCurrent payment solution. Although XRP has been a poor performer so far in 2019, Ripple‘s blockchain-based money transfer and remittance solutions continue to make progress. Santander Group, the Spanish banking giant,...
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Fidelity Charitable Receives over $100 Million in Crypto Donations

Fidelity’s charity arm, Fidelity Charitable, has received more than $100 million in cryptocurrency donations since 2015. But according to the company, this year is not the best one for crypto donations. Fidelity Charitable has accepted cryptocurrency donations since 2015. As the company revealed late last month, in total, it has received more than $106 million...
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$15 Billion Added to Crypto Markets as Altcoins Finally Start Moving

The weekend has been largely one of consolidation for crypto markets as Bitcoin has held on to gains to keep it in five figures. Monday morning, however, has seen some bigger moves on altcoin prices as they outperform their big brother in a rare upswing.Crypto Markets Gain on AltcoinsMost of 2019 has seen the altcoins...
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Santander to Expand Its Use of Ripple’s xCurrent to Latin America

Santander, a multinational banking giant based in Spain, is reportedly opening up a special payment corridor that would enable customers in Latin America to send money directly to the US at no cost. At the moment, only clients in Spain and the United Kingdom can use Ripple’s payment solution to transfer money across Europe and...
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Fidelity’s Charity Arm Has Received Over $100 Million in Crypto Donations

Fidelity’s charity arm, Fidelity Charitable, said late last month that it has received more than $100 million in cryptocurrency donations since 2015. In total, more than $106 million worth of cryptocurrencies has been granted to Fidelity Charitable since it first began accepting this form of donation, according to the firm’s annual report published late last...
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