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 $236 billion. Bitcoin price gets closer to the $9,000 mark. Ethereum escalates over the $160 threshold. XRP enjoys a promising run and moves above the $0.23 barrier Crypto Trends 13th-19th of January 2020: PERFORMANCE & ANALYSIS The past week saw the Bitcoin price increase by 13% compared to its value almost 7 days ago.…

BitPay is about to launch new support for XRPA, and the plan got revealed in a tweet by the firm’s founder, Tonny Gallippi. According to Gallippi, the option will allow the purchase of gift cards with XRP starting next week. Nevertheless, the new developer first got realized by some XRP supporters. Cryptocurrency holders will have the opportunity to use the gift cards effortlessly in spending their cryptos at several retailers and restaurants, including Amazon, Burger King, DoorDash, Domino’s, GameStop, and…

Recently, FinNexus announced the use of the XRP ledger in a blog post. The development is a new milestone for XRPL. FinNexus is an open finance space that came up with a roadmap this year. The finance hub intends to use the XRP ledger for asset tokenization in protocol development. As in the roadmap, the finance hub noted the possibility of turning to some networks for creating a PCAP with the capability of connecting various digital currencies that include Ripple…

The classification of XRP has presented various issues, bringing about the class action suit employed in determining the digital asset category. Ripple's CEO, Brad Gradlinghouse, recently confirmed the story, sharing his concerns on the matter. He went on to guarantee that XRP cannot be under the classification of asset security. The primary reason for this followed the lawsuit initially filed against the firm due to its involvement in selling unregistered tokens in 2018. As a result, the Ripple firm's motion…

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 $214 billion • Bitcoin price responds to international conflicts and breaks past the $8,000 mark • Ethereum finally goes  above the $130 barrier and sets sights on the $150 stopover • Ripple joins the market renaissance and bullishly climbs above the $0.20 mark • The conflict between the United States and Iran escalates, which increases…

A rejection approximated at about $0.2250 was reflected on the XRP/USD pair prices, leading to a downward movement under the $0.2150 and $0.2100 zones. Although there was a significant upsurge in its price, the initial value was maintained at levels, not beyond the $0.2250 zone. It further encouraged the decrease reported to hold at the level of $0.2150 support.  Following this analysis, a downward trend was recorded that illustrated price maintenance below support levels of $0.2100 considered at the 100 hourly…

At the start of the year 2020, Ripple unlocked funds valued at $192 million from its escrow. Whale Alert caught the recent XRP tokens consignment by scanning data from the XRP. Consignment refers to an installment of a pre-planned release plan that Ripple started in 2017. Ripple officials revealed in a blog post that the firm’s plan to lock up 55 million XRP, releasing funds every month within 55 months. The plan aims at incentivizing investors to maintain interest 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 $197 billion. ● Bitcoin price remains captive between the $7,000 and $7,500 marks. ● Ethereum moves slightly above the $130 barrier. ● Ripple ends the year disappointingly under the $0.20 threshold. ● YouTube flags and deletes cryptocurrency-related videos Crypto Trends 23-29th of December 2019: PERFORMANCE & ANALYSIS The last week of 2019 does…

Currently, Bitcoin’s price seems to be trading within the $ 7000 range. Further, the performance of altcoins is quite bearish in the previous few weeks. Some of the altcoins are moving towards the support levels attained in November 2018 before reversal. As for the performance of XRP, its price is under $ 0.2, which is a two-year low. The price was 92% lower than its high in December 2017. Meanwhile, ETH, LTC, and BCH are close to last year’s November…