Ripple (XRP)

Ripple has been included in CNBC’s Disruptor 50 as the #38 of most successful private companies this year —primarily due to its innovative approach towards borderless payment technology and becoming one of the largest crypto companies in the world. This year’s CNBC’s Disruptor 50 is the ninth annual list of private companies thriving amidst the pandemic and making innovative approaches in their business models and the fields they’re in. Some of the listed companies include...

XRP/USD – Bulls Bounce Back Above 2020 High Key Support Levels: $0.82, $0.75, $0.65Key Resistance Levels: $0.89, $1.00, $1.05. Like most cryptocurrencies, XRP had a rough week in which it dropped by a steep 41%. It reached a low of $0.62 yesterday but managed to rebound to close the daily candle at around $0.79. The bulk of the weekly price drop occurred on Wednesday when XRP fell from $170 to reach as low as $0.75 (.786 Fib). On that day, it managed to rebound to close the...

Bitcoin chopped downwards today towards $31K, looking to retest local lows made earlier in the week just around the $30K mark, according to Bitstamp. According to data from Bybt, over the past 12 hours the crypto markets saw liquidations of over $1.2 Billion in trader positions. As of writing these lines, BTC price is decreasing 15% over the past 24 hours, whereas major altcoins were hit even harder, with ETH down 21% to a current daily low of $1730, XRP down 24% to $0.65 –...

This Bitcoin Pizza Day, Phemex is offering the developer a lucrative opportunity to deposit 10,000 BTC on the Earn Crypto platform, as a token of appreciation for his efforts in the mining space.Bitcoin is just a small but groundbreaking glimpse into the big disruption that would ripple through the world of finance for many years to come. Over the last decade, Bitcoin and by extension, the cryptocurrency industry, has sent the world of legacy banking systems into somewhat of a tailspin. It...

With bad news attacks coming from all directions over the past week, bitcoin’s price fails to recover any of the recent losses. In the past 24 hours alone, the cryptocurrency fell by almost $10,000 following another set of China FUD. Most altcoins have it even worse, with double-digit price slumps charted from ETH, BNB, ADA, DOGE, XRP, and more. China Causes Another $9K Dip for BTC Bitcoin has seen better days. The massive sell-off during the week caused substantial...

The past seven days were particularly volatile and, unfortunately for many, bears had the upper hand. Bitcoin dropped to a price not seen since January, while the rest of the market followed. Bitcoin Bitcoin is down another 18.5% this week as it trades near $40,900. The cryptocurrency is now down by a total of around 35% from the $64,895 all-time high set in April. BTC saw an extremely volatile week in which prices dropped as low as $30,000 on Wednesday – hitting levels not...

Litecoin price declined sharply below $350 and $300 against the US Dollar. LTC price is now trading well below the $250 level and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $255 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is correcting losses, but it is likely to face sellers near $220 and $250. Litecoin price is correcting losses from the $145 support zone against the US...

Out of the over $3.8 billion worth of cryptocurrencies liquidated, $2.1 billion came from Bitcoin trades, $1.01 billion from Ethereum trades with $115.4 million coming from XRP trades.Bitcoin (BTC) price fell below $40,000 for the first time in over three months, hitting an intraday low of around $36,000 at 7:30 am ET. The coin has dipped for the fifth day in a row, down 21.9% within the last 24 hours bringing its losses this month to over 35%, the most for a single month since November 2018....

The NBE and LuLu Exchange partnership with Ripple comes as one of the latest pieces of evidence that the company’s business is healthy and growing.Blockchain payments firm Ripple Labs Inc unveiled on Tuesday that the National Bank of Egypt (NBE) and LuLu International Exchange, a financial services operator based in the United Arab Emirates has inked a strategic partnership to facilitate interstate remittances using the company’s global payment infrastructure RippleNet.Cash remittances are...

XRP/USD – Bulls Finally Push Above Symmetrical Triangle Pattern Key Support Levels: $1.50, $1.30, $1.25.Key Resistance Levels: $1.74, $1.82, $1.98. XRP had been trading inside a symmetrical triangle pattern since mid-April. The coin attempted to break toward the upside of this pattern at the start of May but failed to close a daily candle above the upper angle on each attempt. Over the past fortnight, XRP dropped into the support at $1.25, provided by the Feb 2018 highs. It...