XRP

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 $173 billion. Bitcoin gains 10% in dollar value and trades safely above the $6,500 mark. Ethereum traded steadily between $135 and $140 XRP rises to $0.19 but drops by 3% on the weekend The Trump Administration announces a $2 trillion economic stimulus. The equity market also increases by 10% Covid-19 has now spread to…

Over the years, Ripple has grown prominently within the cryptocurrency space. In a nutshell, Ripple is a payment procedure that facilitates fast, frictionless cross-border payments with minimal fees. It operates on a series of servers, regularly communicating while maintaining a distributed ledger with updated balances and transactions. In addition, the cryptocurrency giant hosts a native asset, XRP, which was rebranded in late 2018 from the name Ripple. XRP acts as the chief medium for transferring value over the network. Ripple…

Cryptocurrency has grown from a few million market capitalization in 2013 to almost $830 billion in 2017, becoming one of the most promising investments in today's economy. However, with over 2 000 crypto coins available today, choosing an ideal coin to invest in can be pretty daunting, especially for beginners with no background in crypto trading. Bitcoin is still the leading crypto to invest in in 2020. Still, bitcoin trading's intense volatility means that traders should look at innovative ways…

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 $169 billion. Bitcoin recovers from the Covid-19 blow and ends the week trading above $6,000 Ethereum restarts its ascent towards the $135 resistance level. XRP ends a rough week to trade again at around $0.15 on Sunday Governments everywhere announce economic stimulants to prevent entire industries from a complete shutdown. Covid-19 spreads further and…

A Thai Fintech company, DeeMoney is partnering with Blockchain remittance firm Ripple to bring its users faster and cheaper cross-border money transfers. The collaboration will see DeeMoney use RippleNet to facilitate international payments coming into Thailand. The company handles transactions between Thailand and its key remittance corridors of South Korea, Singapore, Indonesia, Israel, The Middle East, and the Gulf regions. Same-day Settlements Additionally, DeeMoney will carry out same-day settlements to Thai bank accounts, making it every cross border remittance company's…

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 $155 billion. Bitcoin value crashes by 30%, reaches $4,185 before rising above $5,000 again. Ethereum loses almost 50% of its value and now trades at a little over $126 XRP trades as low as $0.11 mid-week before recovering at $0.15 on Sunday The stock and equity markets experience new historic lows since the 2008…

On the 2n of March 2020, the National Bank of Fujairah (NBF) announced its partnership with Ripple, a leading blockchain remittance company. The deal aims at allowing seamless cross-border payments through the RippleNet platform. Additionally, RippleNet will enable NBF’s customers to conduct and secure real-time payments with clear end to end tracking of transactions. Vince Cook, the National Bank of Fujairah CEO, noted that banks have to act with agility and look for new and improved methods to provide services…

SEC filing disclosed that MoneyGram received cash incentives from Ripple amounting to $11.3 million that had wrongfully been reported as profits. However, Ripple’s CEO Brad Garlinghouse set things straight confirming that his company gives monetary incentives to its clients. SEC's Involvement Ripple invested in MoneyGram in June 2020 and has since been pumping huge sums of money into the venture. The revelation comes from a U.S Securities and Exchange Commission (SEC) filing on the 2nd of March 2020.  A recent…

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 $245 billion. Bitcoin loses momentum and falls below $9,000 Ethereum value drops below the $220 support level. XRP ends at $0.23 and continues its depressing devaluation Concerns over the coronavirus spread along with the flu past China’s borders. Crypto Trends 24th Feb – 01st Mar 2020: PERFORMANCE & ANALYSIS The last week has seen…