XRP

XRP is a digital asset built by Ripple Labs for cross-border payments. XRP is the native coin on the XRP Ledger - an open-source, permissionless, decentralized blockchain technology that can settle transactions in 3-5 seconds. XRP can be transacted without a central intermediary, making it a convenient instrument for bridging two different currencies quickly and efficiently.  The rapid increase in the value of XRP from $0.01 to $3 in 2017 made it a profitable and popular cryptocurrency investment. In 2023,…

Ripple (XRP) has joined the bullish run that has engulfed the crypto market since October. The popular altcoin peaked today at $0.53, its highest price since 2019. It is also the best performing major crypto asset of the week, with a price rise of 83% during this period. Ripple Experiencing A Renaissance The recent bullish trend for Ripple has been remarkable and shows that the coin is gaining relevance among traders. Ripple began the past week, struggling within the $0.3…

A new wave of phishing scams has been directed towards Ledger users who have been targeted by scammers. This latest scam attack targets users whose information was leaked following the breach that occurred on the Ledger database earlier in the year. The current phishing scam was discovered by a Reddit user with the moniker sue-ledger. According to the user, he was going through his spam mails, where he noticed a few Ledger phishing emails. On taking a closer look, he…

San Francisco-based financial technology company Ripple is considering moving its headquarters from the United States to a crypto-friendly region, like London, CEO Brad Garlinghouse told CNBC today.  For one thing, Ripple has been facing legal battles from some investors who alleged that XRP is an illegally issued security.  With the Securities and Exchange Commission (SEC) failing to clarify the matter, Garlinghouse and his team believe leaving the country could be the next best move for the $10 billion company.  Regulation…

Ripple (XRP) is a cryptocurrency project created by Chris Larsen and Jed McCaleb under Ripple Labs. It was primarily built as a digital asset to overcome several international banking problems, cross-border payments, and sourcing liquidity. As a result, XRP has remained among the top 10 cryptocurrencies by market cap since 2017. The main target audience of XRP is banks and payment providers, where the speedy settlement time can function as a liquidity source. This allows Ripple to tap new and…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $362 billion. Bitcoin did a false jump over the $12k hedge only to drop right back to $11,600 Ethereum loses momentum and drops below $400 XRP started the week trading around $0.32 but finished slightly above $0.28 The DeFi boom attracts more attention to the crypto market as Google searches for cryptocurrency reach a…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $369 billion. Bitcoin continues to trade just a little under $12,000 Ethereum equals 2018 and 2019 highs after reaching $438 XRP drops below the $0.28 support but regains 6% towards the weekend Chainlink continues to surge with another impressive 70% increase. Crypto Trends 10th - 16th of August 2020: PERFORMANCE & ANALYSIS The cryptocurrency…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $353.6 billion. Bitcoin keeps a solid uptrend as it dangles between $11k and $12k Ethereum increases by more than 15% to finish just below the $400 level. XRP rises to $0.30 after a spectacular 24% increase in value Chainlink registers a breathtaking 60% increase throughout the week Crypto Trends 03rd - 09th of August…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $334 billion. Bitcoin increases by more than 17% to reach $12,100 before losing $1,000 on Sunday. Ethereum gets a spectacular boost of 26% to climb over $400 XRP regains its position on the market cap podium after a remarkable 30% surge The newly-released DeFi token YFI becomes the second-most expensive crypto. Crypto Trends 27th…