Ripple (XRP)

Justin Sun, the founder and CEO of TRON blockchain, told CNN’s Julia Chatterley during a new interview that he is a long term believer in cryptocurrencies. He said he is very bullish on Bitcoin and also holds significant investments in other digital assets, including Ethereum (ETH) and Ripple (XRP). Justin Sun Doesn’t Hold FiatsWhile many would easily think that Justin Sun is only interested in TRX, the native token of the TRON network, he revealed that he has been holding a diversified...

Ripple has been included in the list of the top 100 cross-border payment firms by FXC Intelligence. It is ranked with top giants in that field like PayPal and also UBS.The San-Francisco blockchain company Ripple Inc. has been recognized by FXC intelligence as one of the top 100 most important companies globally that are dealing with border payments in 2020. Ripple is the only crypto-related company that made it in the list of the cross-border whales.FXC Intelligence is a financial data...

Global markets across Europe and Asia have plunged severely on Monday as South Korea and Italy report several new affected cases of the coronavirus on Sunday. Analysts request investors to maintain caution at this stage.At press time, the Dow Jones Industrial Average Futures lost over 400 points to 28,540 levels. At the Monday opening, the stock futures are having a massive bloodbath on Wall Street as the coronavirus cases outside China surge significantly.As the possibility of the global...

Ripple price is struggling to climb above the $0.2850 resistance area against the US dollar.The price is currently declining and it might test the $0.2645 support level.There is a key bearish trend line forming with resistance near $0.2805 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair must climb above $0.2805 and $0.2850 to start a strong increase in the coming sessions.Ripple price is currently struggling below $0.2850 against the US Dollar. XRP price could dip...

XRP increased by a small 3% over the past 24 hours as it rebounded at $0.27 to climb back above $0.28.This price increase is driven by Bitcoin making its way back toward $10,000.Against Bitcoin, XRP reversed at 2820 SAT as it battles to climb back above the 100-days EMA.Key Support & Resistance LevelsXRP/USD:Support: $0.27, $0.265, $0.26.Resistance: $0.289, $0.3, $0.31.XRP/BTC:Support: 2800 SAT, 2710 SAT, 2650 SAT.Resistance: 2900 SAT, 3000 SAT, 3115 SAT.XRP/USD: Ripple Reverses At $0.27...

Ripple’s Xpring is allocating money for three inventors or teams seeking for a solution to XRP Ledger-Ethereum interoperability.Xpring wants to develop a ‘bridge’ between Ethereum and Ripple‘s XRP without having to transfer XRP onto ERC-20 standard. Ethereum developers have joined the bad company – Ripple welcomes all of them to build a bridge between two competing economies. Ripple is looking for a new way of operating with mainstream assets, and the move towards Ethereum is obvious. Despite...

Bank of America (BoA) is the second-largest bank in the U.S. It reportedly will join RippleNet for fast and cheap cross-border payments and exclusive infrastructure. But there is still no official confirmation.Bank of America has a long history of relationships with the Ripple company. In July 2019, the bank even filed a patent claim based on the new technology: Ripple’s DLT. The institution also has a Real-Time Settlement patent, also they already ran pilot projects with Ripple.Since 2015,...

BitGo and Bitso are two new additions to RippleNet. Ripple has released information about its current XRP holdings, as well as the list of large companies (like Microsoft) that help Ripple grow.Per the Ripple stats, Microsoft Corporation (NASDAQ: MSFT) is the leading company working on its blockchain and processing the transactions. XRP has entered a turbulence zone recently, with the token price rushing up to $0.29 two days ago. At the moment of writing, its price is $0.28.They are...

BitcoinBitcoin witnessed a turbulent week after dropping by a total of 5.5% to bring the cryptocurrency back beneath $10,000. During the sell-off, Bitcoin fell beneath the previous rising price channel but has managed to rebound at support at $9,552, provided by a short term .236 Fib Retracement.Looking ahead, if the buyers push higher, resistance lies at $9,800 and $10,000. Above this, strong resistance is expected at $10,430 (2020 high) and $10,700 (1.414 Fib Extension). On the other side,...

Brazil won’t adopt RippleNet or XRP as the Central Bank has announced its own payment network with low fees, fast transactions and huge liquidity. The PIX coin starts off in Q4 2020.The Brazilian government has decided to implement a new almost instant payment solution, presumably called the PIX coin. It will shine in Q4 2020 via mobile devices and POS terminals, and they have no plans on adding Ripple‘s XRP.The project was developed by the Central Bank of Brazil and received the name PIX. It...