XRP

XRP shows bearish signs as Chaikin Money Flow (CMF) indicates a liquidity exit from the market.  Also, most of the transactions involving XRP in the last seven days resulted in a loss with the daily ratio of XRP transaction volume displaying a reading of 0.97.  Ripple’s XRP bearish sentiment continues as it struggles to break back into the $0.50 zone. At press time, the altcoin was trading at $0.49 after surging by 0.5% in the last 24 hours and declining…

The post 1.356 Trillion Shiba Inu (SHIB) Tokens Snatched Up, Ripple Whales Push XRP Toward Rally  appeared first on Coinpedia Fintech News In a thrilling wave of cryptocurrency transactions, a staggering 1.356 trillion Shiba Inu (SHIB) tokens have been purchased, sending shockwaves through the crypto community. Simultaneously, Ripple (XRP) is experiencing a rally driven by whale activity, highlighting the ongoing interest in established cryptocurrencies.  However, while these developments capture headlines, it is the ETFSwap (ETFS) presale that is generating the…

BRICS group explores XRP for cross-border payments, indicating a shift towards its independent payment system. XRP’s current price at $0.4942 could soar if BRICS adopts it, as experts predict. The BRICS (Brazil, Russia, India, China, and South Africa) group is making excellent headway in achieving its currency sufficiency plan, which includes the eventual development of an autonomous payment system. As per a research document that XRP enthusiast Amelia first noticed, Russian President Vladimir Putin has at last given his approval…

Franklin Templeton is on track to launch an altcoin fund to deepen its crypto footprint. While actual tokens has not been unveiled, Shiba Inu and XRP may make the list. Franklin Templeton, a firm managing $1.6 trillion in assets, is considering making investments in altcoins other than Bitcoin (BTC) and Ethereum (ETH). This potential expansion has sparked optimism among market analysts regarding the growth prospects of Shiba Inu (SHIB) and XRP. Franklin Templeton’s Crypto Venture According to an anonymous source…

Concerns build up among XRP investors as Ripple transfers another 150 million XRP from its reserves, causing a 6% price drop.  In the last 24 hours, a total of 410,239,560 XRP ($213 million) has been transferred to and from multiple exchanges with the likes of Ripple, Binance, Coincheck, Bitstamp, and Bitso involved.  Ripple Labs grabs headlines once again after transferring a whopping 150 million XRP ($78 million) from its reserves, igniting existing concerns amongst investors. On June 1, the blockchain…

Ripple has again raised concerns in the XRP community following its recent XRP sale. This comes amid XRP’s unimpressive price action, which continues to paint a bearish outlook for the crypto token.  Ripple Sells 150 Million Tokens On-chain data shows that the crypto firm offloaded 150 million XRP tokens ($78 million) on June 7. These tokens formed part of the 1 billion XRP tokens, which were recently unlocked as part of its monthly escrow unlock, which is set to continue…

80% of Japanese banks partner with Ripple for blockchain payments. Ripple’s technology ensures faster, more cost-effective transactions. Japanese banks are implementing blockchain technology from Ripple with great success; 80% of them are working with the fintech startup to transform international payments. This action shows how far blockchain technology has come in the financial industry and is a significant step toward incorporating cryptocurrencies into traditional finance (TradFi). WOW! „Over 60 Japanese banks representing 80% of the Japanese banking industry have partnered…

In the latest XRP news, Ripple’s endorsement of an ETF plan has analysts thinking that a significant rise is on the horizon for XRP.  Meanwhile, Raboo is getting noticed in the crypto market and is now in the fourth Stage of its presale. With a 60% increase since Stage 1, Raboo has amassed over $1.7 Million, attracting over 8,000 registered members and 2,500 token holders.  The $RABT token is priced at only $0.0048 and is tipped to surge 100x in…

XRP is trending within a tight range, an indication of investor consolidation, a precursor of a major price change. While the token’s future is uncertain, market experts are confident of a bullish breakout fueled by network development and legal wins. XRP investors are closely watching the token’s price movement after a prolonged period of consolidation. Data shows that Ripple (XRP) has been hovering around its 20-day average price lately, with neither bulls nor bears taking control, leaving investors uncertain where…