Just recently BitMEX has launched XRPUSD swaps. At the very beginning Ripple’s XRP price hasn’t reacted, staying stable. However, now XRP seems to be climbing up.The third-largest cryptocurrency by market cap XRP is now supported for perpetual swaps with the United States Dollar on the crypto derivatives exchange, BitMEX. The XRP price at first failed to react positively. It stayed at the same level. However, now the situation has changed. The price seems to be climbing up. BitMEX confirmed...
Read More »Samsung and Salesforce Participate In $35M Funding Round For Blockchain Company
Samsung Venture Investment Corp (Samsung) and Salesforce Ventures, recently participated in a Series C funding round for a blockchain company called Digital Asset Holding. This is its second funding round in two months, each raising $35 million.Samsung And Salesforce Invest In Digital AssetDigital Asset, the creators of the smart contract modeling language, DAML, announced yesterday the successful Series C financing round. According to the statement, the company raised $35 million, which...
Read More »Amazon Is a New Member of $1 Trillion Club after Months of Flirting
Amazon joined Microsoft, Apple, and Google (Alphabet Inc) to rank among the wealthiest companies in the U.S. with a market cap of over one trillion dollars on February 4, 2020. Now it is a new member of the elite $1 trillion club.Amazon joined Microsoft, Apple, and Google’s parent Alphabet to tank among the wealthiest companies in the U.S. The other three entered the elite club for the first time in January 2020. All of them together make up the “Trillion Dollar Club.”Up to today, only these...
Read More »Snapchat (SNAP) Stock Drops 11% as Revenue Fails to Meet Analysts’ Expectations
Snap’s revenue did not meet analysts’ expectations of $563 million which had a negative impact on SNAP stock price. However, the company managed to increase its daily active user base.Recently, Snapchat’s parent company Snap has published its Q4 2019 earnings. It has turned out the company has not lived up the revenue expectations of Wall Street analysts. As a result, Snap stock has dropped 11%.According to Snap, they have increased the fourth quarter revenue 44% year-over-year to $561...
Read More »Gemini Exchange and TradingView Form New Partnership
Millions of investors on TradingView can now buy Bitcoin, Ethereum, Bitcoin Cash and Litecoin through Gemini partnership.Gemini account holders and TradingView investors can now rejoice after the two companies decided to integrate their services. This was reported through their official web pages on February 04, 2020, where Marshall Beard, Gemini Corporate Development, was delighted to announce the news to the customers.With both entities having different tastes to offer to their customers,...
Read More »Ripple and Intermex Partnership Targets Cross-border Payments Between U.S. and Mexico
Ripple has entered in a new partnership. Together with International Money Express, Inc. (Intermex) it will ensure faster cross-border payments between the U.S. and Mexico.Ripple, a blockchain company specializing in global payments announced on Feb. 4 that it has partnered with International Money Express, Inc. (Intermex), a company providing remittance services to Latin America and the Caribbean corridor. The partnership between Ripple and Intermex is another testament to the blockchain...
Read More »XRP Price Jumps More Than 10% with Sudden Volumes Surge, Breaks Its Downtrend Momentum
Ripple’s XRP has surprised the market and the investors as its price jumped 10% due to a sudden surge in trading volumes. With today’s move, the XRP price has gained 35% year-to-date.XRP that us actively used by Ripple in its solutions has witnessed a sudden inrush of volumes today gaining over 10%. Despite the majority of top-ten cryptocurrencies showing only minor movement, XRP has successfully broken its downtrend.At press time, the XRP price is 11.84% higher in the last 24 hours and is...
Read More »Cardano (ADA) Price Analysis: Rally Could Gather Momentum Above $0.060
ADA price is trading in a positive zone above the $0.0550 resistance area against the US Dollar.The price is likely to surpass the $0.0600 resistance area in the near term.There are two key bullish trend lines forming with support near $0.0550 and $0.0535 on the 4-hours chart (data feed via Kraken).The price remains well supported on dips towards $0.0520 if it corrects lower in the near term.Cardano price is showing a lot of positive signs above $0.0550 against the US Dollar, similar to...
Read More »Bitcoin Dominance At 6-Month Low As Altcoins Stand Strong: Wednesday Crypto Market Watch
Most of the altcoins are trading in the green over the past 24 hours. Bitcoin, on the other hand, remains somewhat stagnant at around $9,200. Consequently, BTC’s dominance dropped to 64.5%, which is the lowest it has been since July 2019.Altcoins Compared To Bitcoin. Source: coin360.comThe sentiment within the community is shifting quickly, hinting at a possible new altcoin season. This was reaffirmed yesterday with two polls indicating that 50% of cryptocurrency traders hold mainly...
Read More »XRP Surges 11% As BitMEX Adds XRP/USD With 50x Leverage: Ripple Price Analysis
XRP witnessed a 10.7% surge in price over the past 24 hours as it breaks above the 200-days EMA to reach $0.277.XRP climbed above the 100-days EM, finding resistance at 3000 SAT against Bitcoin.The latest price hike could be attributed to BitMEX adding the XRP/USD perpetual contract to their platform.Key Support & Resistance LevelsXRP/USDSupport: $0.262, $0.255, $0.245.Resistance: $0.28, $0.289, $0.30.XRP/BTC:Support: 2900 SAT, 2850 SAT, 2710 SAT.Resistance: 3115 SAT, 3255 SAT, 3376...
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