XRP surged by a total of 14.5% today to bring the price of the cryptocurrency above $0.30 as it reaches $0.33.The latest price increase has made XRP the strongest performing cryptocurrency from the top 20 ranked projects in the past 24 hours.Against Bitcoin, XRP broke above the pivotal 3000 SAT resistance to approach the 200-days EMA at 3250 SAT.Key Support & Resistance LevelsXRP/USDSupport: $0.317, $0.31, $0.30.Resistance: $0.337, $0.35, $0.361.XRP/BTC:Support: 2710 SAT, 2600 SAT, 2525...
Read More »Ripple’s Xpring, Mastercard, Binance X, Others Join Blockchain Education Alliance
Blockchain education is an important issue that should be addressed these days. Xpring, Ripple’s investment arm, as well as Mastercard and Binance X and other prominent companies have joined a new education alliance.Ripple’s Xpring, along with multinational payment processing giant Mastercard, and Binance’s development arm Binance X, among others, have all joined the Blockchain Education Alliance. Initiated last year, the alliance aims to support the growth and development of blockchain...
Read More »Ripple Partners Up With Egypt’s National Bank For Faster Remittance Payments
Ripple’s expansion continues with a new partnership in Egypt. The country’s national bank has recently signed a co-operation agreement to join the blockchain-based payments network RippleNet to implement remittance payments.Ripple Partners With NBEThe National Bank of Egypt is the oldest and largest bank in the country. As of yesterday, the NBE is partnering up with Ripple. The collaboration aims to leverage Ripple’s blockchain-based payments network RippleNet to facilitate faster and cheaper...
Read More »Ripple’s XRPL Community Proposes New Fundamental Amendments on Ledger
Ripple’s XRP Ledger fundamental changes have been proposed. The community believes it should be possible to delete XRPL accounts within the Ledger.Through its official website, Ripple announced the new amendment proposed by XRPL community. The proposed amendment is advocating for the ledger account holders to be given a chance to delete their accounts from within at will.This is in accordance with Ripple’s agenda in ensuring a sensible evolution of the XRP Ledger that meets the majorities’...
Read More »Indian Police Warns Against Dealing With Bitcoin And Other Cryptocurrencies
India remains one of the countries in the world with regulatory uncertainty when it comes to cryptocurrencies. While the Reserve Bank of India (RBI) has already clarified that digital assets are not illegal in the country, the Police department of Tamil Nadu has issued a fresh warning that the public should steer clear of cryptocurrencies. Trade Cryptocurrency At “Your Own Risk”According to local news media, the Hindu, the Economic Offences Wing noted that they had received several...
Read More »Ripple’s XRP Adoption Is Top Priority as Xpring Recruitment Is Going On
Xpring recruitment follows its new development relations initiative announced last week. One of the main priorities now is XRP adoption.Xpring, Ripple‘s arm that invests in, incubates, acquires and provides grants to companies and projects run by proven entrepreneurs, is hiring 10 new people. The open positions include a range of jobs from senior infrastructure engineer to director of product management to vice president of developer relations. According to Ripple, Xpring recruitment is a way...
Read More »Ripple Price Analysis: XRP Fails To Break Above $0.28 But Appears Stable Against Bitcoin
The rollover for XRP continues today with a further 2.15% price drop, bringing the price for the coin down to $0.27.XRP is showing some signs of stabilizing at the 2750 SAT level against Bitcoin.Despite the recent price fall, the cryptocurrency is still up by a total of 26% over the last 30 days.Key Support & Resistance LevelsXRP/USDSupport: $0.265, $0.26, $0.245.Resistance: $0.28, $0.289, $0.30.XRP/BTC:Support: 2710 SAT, 2600 SAT, 2525 SAT.Resistance: 2850 SAT, 2900 SAT, 3000...
Read More »Gold Beware as Bitcoin Halving Is Just 90 Days Away
Bitcoin halving, gold and scarcity: as the milestone approaches, it will reduce Bitcoin’s block reward to 6,25 BTC per the block. Currently, the Bitcoin block reward equals 12,5 BTC.In approximately 91 days, the picture of what is happening inside mining companies will start changing. The date for changes is 7 May 2020. There’s several ways to count the days until Bitcoin halving, however. When calculating the date using average daily block time, the next halving date shifts to 86 days from...
Read More »Ripple’s XRP Price Can Reach $0.60 in the Near Future as XRP’s Popularity is Growing
Ripple’s XRP price is showing all the signs of reaching $0.60 in the near future, as it is supported by different technical and fundamental aspects.Ripple’s XRP price can hit $ 0.60 in the near future possibly months if it breaks the current strong resistant level at $0.285. This is a huge relief in the larger XRPL community who have seen the coin depreciate in the last year with a sharp downtrend, leaving it trading below a dollar.Having traded at its lows since late 2018, XRP could enjoy a...
Read More »Ripple Price Analysis: XRP Remains In Strong Uptrend Above $0.27
Ripple price climbed higher nicely above the $0.2700 resistance area against the US dollar.The price tested the $0.2880 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.2755 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well supported for more gains above $0.2700 and $0.2680.Ripple price is showing a lot of positive signs above the $0.2700 area against the US Dollar. XRP price is likely...
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