XRP

David Schwartz, Ripple’s CEO, says Bitcoin, XRP, and other distributed ledgers will continue to evolve slowly with great care and thoroughness.  Schwartz was speaking in the web series Ripple Drop. He also talked about the XRP Ledger’s unharried improvement, which started with a few nodes in 2011. Still, it is now utilized to power international payment transactions involving billions of dollars. Over the years, the XRP experienced significant changes in less than a decade; however, Shwartz insisted that blockchain systems’…

The XRP/USD pair is still dropping and showing signs of even bigger downtrends to below $0.2650. The pair hit the $0.2240 support zone, but there is also a likelihood of positive retracement in the near term.  Recently, the asset dropped significantly from $0.265, breaking several support zones near $0.2500, and 0.2450 thus setting a short term plunging-trend.  Later the pair continued to break beneath the 0.2350 support and settled below the 100 hourly SMA. This severe drop led to a…

The XRP/USD Pair has been noticing some severe falls even below the $0.26 support zone. This price is currently dropping at a 10% rate, and it could lead to an extension below $0.24. Following the drop of price to below $0.27, sellers took over. That led to the start of a massive price drop, even hitting close to the $0.26 near the bearish area.  The price further broke the supports at the $0.25 value and the 100 hourly SMA. As…

XRP/USD's price rallied past the $0.2800 mark. However, it couldn't carry the momentum past the $0.2860 level. Currently, the price is experiencing a downside towards the major supports at $0.2700 and $0.2650. XRP Steady Gain Recently, the price gained steadily from the $0.2650 support zone. Consequently, it broke the   $0.2800 barrier zone in addition to the 100 hourly SMA. Despite the gain, the buyers couldn't push the price beyond the $0.3000 barrier. It established a swing high near $0.2861…

The race to launch a CBDC among central banks worldwide is perpetually picking up as its development is ongoing in nations like Singapore, while China buckles up for its launch within 202o. However, people's focus is set on the US Federal reserve's potential to release a CBDC backed by the favored currency, USD. In recent times, reports have it that the Head of Blockchain technology said that the company would not release its JPM Coin if the Federal Reserve released…

The most recent release from MoneyGram is an instant payment service that uses the power of Visa's payments to transfer money. Although the platform has been using Ripple's XRP as a remittance network, MoneyGram does not include XRP in its new service.  The name of MoneyGram's new instant remittance platform is FastSend, and it allows its users to send money just by using the name and phone number of the recipient.  Moneygram is using Visa payments to facilitate fast transactions…

It has been all smiles and laughs for the crypto community in the last two weeks. Bitcoin has been hovering in the $10 000 marks, a rise that has caused a domino effect to altcoins as their prices increase significantly.  However, this past week (9th-15th Feb), Crypto prices have experienced intense volatility, defying almost all prominent analysts’ predictions.  Take a look at the nitty-gritty details that have been shaping up the crypto markets in the past week. While in that…

The  XRP/USD  pair price fell from over $0.3200. The decline extended under $0.3000, and it may keep up the downtrend in the near term. Over the past three to four sessions, the pair has faced increasing bearish pressure below $ 0.3200. As a result, the price is moving below $ 0.3050 and bearing $ 0.3000. It also closed with support of $ 0.3000 and the 100 hourly SMA. That's down more than 10 percent to $ 0.2677. The pair recently…

Since December 2019, Bitcoin price is still surging from $6.4k to $10550 this week, as per Tradingview data. The coin experienced over 60% gains and performed better than other assets apart from ETH, XRP, and Tesla. Following the Bitcoin's incline, Mike Novogratz, the CEO of Galaxy Digital, explained the currency's upsurge to CNBC's "Closing Bell '' panel. Novogratz says that liquidy accelerates the crypto's uptrend. He said that low-interest rates set up by Central Banks and people pumping in money…