Ripple

Uphold lets users withdraw XRP instantly to US bank accounts using FedNow, easing crypto-to-fiat conversions. Skepticism about the transaction was dispelled after Uphold’s confirmation, assuring transparency in the process. Prominent American cryptocurrency exchange Uphold has officially confirmed that the U.S. Federal Reserve’s instant payment system, FedNow, facilitates instant XRP transactions to select U.S. bank accounts. This confirmation follows recent reports indicating FedNow’s involvement in processing XRP deposit transactions. Initially met with skepticism from the broader community, Uphold’s confirmation has laid…

The post Unpacking Raffle Coin’s Potential: Litecoin & Ripple Joiners Eye a Smooth 25X Return Journey appeared first on Coinpedia Fintech News Hold onto your hats, Litecoin and Ripple holders! Raffle Coin’s presale is shaping up to be a smooth ride to a potential 25X return. Forget rigged games and shady practices, Raffle Coin is all about fair, transparent raffles powered by blockchain. With the chance to win big and revolutionize the raffle game at the same time, it’s no…

Ripple Labs’ announcement of its plan to introduce a native stablecoin on the XRP ledger provides a major thrust for the XRP price rally. Within 24 hours of the stablecoin launch news, XRP Open Interest surged from $899 million to $981.2 million, representing a 9% increase. The XRP price has been on the uptrend in the last two days gaining over 3% and moving closer to $ 0.60 with its market cap surging to $32.5 billion. Also, the recent thrust…

The 2018 speech of former Director of the Division of Corporation Finance in the U.S. Securities and Exchange Commission (SEC), William Hinman, takes center stage in a renewed debate as his ethical conduct becomes a subject for discussion.  While a General Crypto Counsel at a16z, Miles Jennings, commend him for his clarifications, Ripple’s CTO David Schwartz, believes that there were serious inconsistencies in his correspondence.  The longstanding legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC)…

The post Ripple Reveals Auto-Bridging for Efficient Stablecoin Swaps on XRPL appeared first on Coinpedia Fintech News Ripple’s Chief Technology Officer, David Schwartz, has unveiled an exciting feature of the XRP Ledger (XRPL) called “Auto-bridging”. This innovative addition aims to transform the trading of stablecoins on the XRPL, promising greater efficiency and liquidity. With anticipation mounting, Schwartz sheds light on how this feature is poised to redefine trading on the XRPL platform. The Power of Auto-Bridging  Ripple’s Chief Technology Officer…

Ripple’s price has recently found itself resting on a significant support area, spanning from $0.58 to the dynamic support provided by the upper boundary of the triangle formation. This critical support zone is anticipated to hinder further downward pressure, setting the stage for a noteworthy rebound in the mid-term. XRP Analysis By Shayan The Daily Chart Upon thorough examination of the daily chart, it’s apparent that XRP experienced a notable plunge recently, ultimately landing on a pivotal support region encompassing…

Ripple’s impending stablecoin launch aims to penetrate the $150 billion stablecoin market, potentially influencing XRP’s price and overall adoption. The stablecoin, pegged to the U.S. dollar, positions Ripple as a direct competitor to dominant players like Tether and Circle. Ripple, a leading entity in the cryptocurrency sector, is gearing up to unveil a stablecoin tied to the U.S. dollar later this year. This strategic pivot occurs amidst challenges in Ripple’s existing business model, which is centered around the XRP Ledger,…

As Bitcoin received a massive drop of $3,000 in price, investors seemed to divert their attention to a relatively stable investment portfolio. DeeStream comes forward as a savior for crypto users, particularly Solana and Ripple investors.  DeeStream is a web3 platform for live streamers and content creators to showcase their talent and earn in cryptocurrency. The stage 2 of presale offers a lucrative opportunity for Solana and Ripple investors to benefit from this innovation.  Market Shift of Solana Investors Solana…

Ripple’s XRP has gained 4% for the day, with some experts predicting that it will surge 35% before the end of the week to trade at $0.7814 on Apr 7, its highest price since July last year. Meanwhile, Ripple has announced plans to launch a stablecoin on the XRP Ledger, and Ethereum pegged to the USD, opening up the XRPL ecosystem to billions of dollars in interconnected value with other networks. Ripple’s XRP is set to spike as the weekend…