XRP

12th February 2020, Singapore - Bitrue have announced their intention to list KAVA, a cross-chain decentralized finance platform. KAVA has previously been the recipient of investment from Xpring, an incubation arm of the XRP developer Ripple. “KAVA has shown proven results as a utility within the crypto space and has already been widely adopted by enthusiasts. We’re thrilled to be partnering with them today to bring their value to all users of Bitrue.” KAVA will be trading on Bitrue starting…

Currently, Ripple is hiring with its new job openings, showing how ready the company is for spreading the adoption of  XRP. This blockchain firm is hiring ten new people to add them to their team in new positions through fundraising and the new Xpring development. Among the new but senior positions are a product management director, vice president in developer relations, and a senior infrastructure engineer. These new positions will help create a network offering engineers the XRP ledger as…

Several German Banks have sought permission to set up digital asset custody businesses. This is according to a report by news outlet Handelsblatt. The Report indicates that Germany’s financial regulator BaFin acknowledged the receipt of over forty applications from parties intending to provide custodial services for cryptocurrencies. BaFin Empowering Financial Institutions The country recently overhauled its Money Laundering Act. The changes grant banks and other domestic financial providers the right to administer traditional securities including stocks and bonds, besides digital…

Weiss Ratings has assigned Bitcoin (BTC) an A- grade in its recent rankings. The crypto also received an  “excellent” rating based on its remarkable price performance. The firm published its ratings via Twitter on February 7. In March of last year, Weiss Ratings identified BTC, XRP, and EOS as the cryptocurrencies having the best adoption-technology combination. The new rating gives BTC the edge over XRP and EOS in all parameters. EOS's rating is a downgrade due to its centralization issues.…

Speaking at the LINC 2000 conference a week ago, Galaxy Digital's CEO Mike Novogratz stated that Bitcoin would outperform XRP by a wide margin this year. Novogratz took to Twitter to explain his bearish call on XRP in light of his conference's utterances. He registered his astonishment at XRP's and the overall altcoin market's performance so far in 2020. By the time of going to press, XRP and BTC  prices had appreciated by 43 and 36 percent, respectively. That said,…

MoneyGram is utilising On-Demand Liquidity, which is a cross-border payment solution powered by Ripple. The On-Demand Liquidity is now available in the five global payment corridors. Recently, Ripple’s senior official, Asheesh Birla noted the firm’s progress with their corporate partners. On the other hand, Bitso also moved $18 million of remittance through XRP at the end of 2019, and its growth is currently at 15% to 20% weekly. Birla also pointed out that MoneyGram is now active in five corridors,…

XRP's performance was not quite a success last year as many expected. The year 2019 saw the XRP/USD price subside by 50%, placing it together with several underperforming traditional asset classes. Last year's powerful BTC's performance, which exhibited a more than 90 percent rally, caused a dramatic downward spell in the XRP/BTC pair's price. The pair's value even went further lower than the XRP/USD price together with other fiat currencies. The cost of one XRP is now below 3k satoshis,…

The XRP/USD pair failed to rise above the barrier at $0.2400. The pair's price is dropping at the moment, and it appears at risk of falling below $0.2300 and $0.2240. Currently, the price rose over the barriers at $0.2320 and $0.2350. However, the price could not secure a momentum and topped close to the $0.2420 zone. It did not form a high close to $0.2415 and started inclining. The XRP/USD pair surged past $0.2380 and $0.2350. At the moment, XRP…

The XRP/USD price rose over the barrier at $0.2450. The topping of the price happened close to $0.2540 and started correction to the downside. Recently, there was a robust increment in the price over the barriers at $0.2400 and $0.2450. Further, the price moved to the upside over $0.2500 and settled over 100 hourly SMA. However, the sellers successfully protected the gains over $0.2540 and $0.2550. The price formed a high close to $0.2540, and it began to retrace to…