Ripple (XRP)

It looks like bitcoin is beginning to lose some of the momentum it first gathered at the beginning of the month.Bitcoin Is Traveling SouthThe world’s number one cryptocurrency by market cap is currently trading for just over $8,300. This marks a nasty fall from yesterday’s high $8,600 range, which it had managed to sustain for several days. To be fair, however, most of the cryptocurrency space is trading at dismal numbers, with entities like Ethereum, Ripple and Litecoin all having fallen by...

BitcoinBitcoin has dropped by a small 5% over the past week as it hovers around the $8,400 level. It found strong resistance at the $8,963 level (bearish .786 Fib Retracement) and was unable to overcome it. The latest retracement was expected, considering that Bitcoin managed to surge by over 30% in January to reach a high of around $9,150. It found support at the 200-days EMA at around $8,200 in today’s trading session, which allowed it to bounce back above $8,400. Unfortunately, the RSI has...

An imminent discussion of digital currencies native to central banks of diverse countries has been sparked, and Facebook‘s Libra is at the heart and center of it.More than RippleRipple‘s flagship products leading cross-border payments might have been touted in the past as the leading catalyst for sparking conversations and implementation of digital currencies pegged to official national currencies. However, Facebook Libra has now officially taken center stage, eliciting more questions and...

In a major revelation, Ripple CEO Brad Garlinghouse hinted that the blockchain startup can go for an IPO this year. On Thursday, January 23, while speaking at the World Economic Forum in Davos, Garlinghouses surprised the audience with his statements.He predicts that in 2020, more companies from the blockchain and crypto industry are likely to go hold their IPOs. Besides, he also hinted that Ripple could one of those companies seeking an Initial Public Offering (IPO). During an interview with...

Ripple, the company behind one of the largest cryptocurrencies on the market, XRP, might file for an IPO within the next 12 months. So much became clear in an interview with the company’s CEO, Brad Garlinghouse, during the World Economic Forum in Davos.Ripple May Go Public In The Next 12 MonthsThe past few days have been quite intense as the World Economic Forum 2020 is taking place in Davos, Switzerland. In an interview, Ripple’s CEO, Brad Garlinghouse shared his thoughts on the industry, as...

Ripple Labs, the San Francisco-based blockchain startup, secured the highest funding in comparison to other peer blockchain companies in 2019. The latest report from CB Insights shows that Ripple raised $200 million in the Series C round last year.Among the companies that follow Ripple on the list are Figure Technologies, Digital Asset and PeerNova. However, the gap between the first and second positions is significant. However, even Ripple’s $200 million is a very small amount in comparison...

The cryptocurrency derivatives market is on heat, with the BitMEX release of the XRP-USD quanto swap tool. The so-called ‘quanto-swap’ represents the derivative with an interest rate taken from the difference between different currencies. During the swap, one person is paying another interest. It is derived from the difference between the foreign and local assets, or between two ‘shitcoins’ (in the Bitcoin maximalist lingo, all the coins are ‘shitcoins’, while we just try to keep the...

Prominent blockchain payments firm Ripple has published its latest quarterly XRP Markets Report for the previous quarter (Q4 2019) and there have been some significant changes in the figures. Ripple, who boasts of introducing such solutions as ODL (XRapid), Xpring, RippleNet among others, is known for publishing regular updates and views on the company’s stance on the XRP market in order to ensure transparency on the progress of the platforms as well as inform its stakeholders.According to...

The altcoin market cap may be bottoming out. One trader suggests that the altcoin market cap is mirroring bitcoin’s 2011-12 cycle. If the analyst is correct, there’s a chance we will see gains similar to the profits made in the 2017 bull market. Many people got rich during the 2017 crypto bull market. I’m not just talking about those who timed bitcoin before it exploded to $20,000. There were speculators who traded altcoins and waited for them to skyrocket in value...

Ripple is making innovations with cross-border payments but is also slowly becoming a force to be reckoned with in gaming. As SBI Investment Korea Director Lee Joo-Hyuk put it, the company is at the center of blockchain use in the gaming industry.Ripple in Blockchain GamingThe investment exec made the comment, referring to Ripple’s involvement with blockchain gaming last year. In spring 2019, San Francisco-based Forte game company announced a partnership with Xpring, Ripple’s investment...