Payment platform Worldline SA in a bid to maintain its stronghold in the now competitive industry is set to acquire a rival firm Ingenico. The amount of the deal is already known. It will be $8.6 billion, which makes it the biggest deal in Europe so far in 2020. The sum is equal to 7.8 billion in euros.Global MergerBoth companies have been circling each other for years, but the reorganization of Ingenico last year gave Worldline SA the avenue to formally bid for the company. Worldline SA...
Read More »XRP Price Surges Beyond $0.25 after Ripple Unlocks 500 Million Tokens from Escrow
The XRP token had a great start to the week following a 2.82 percent surge in price after Ripple, the company that is using the cryptocurrency in its solutions, released 500 million tokens from an escrow account on Feb. 1, at least according to data provided by resource monitoring website Whale Alert.In the last 24 hours, XRP price has spiked from $0.2460 to its current price of $0.2522, CoinMarketCap data shows. XRP’s gains extended across the board to other altcoins particularly those in...
Read More »Ripple Price Analysis: After 10% Weekly Gains And New 2020 High, Can XRP Approach The $0.30 Mark?
TL;DRRipple (XRP) saw a tidy 4.5% price increase over the past 24 hours to reach above $0.25.Against Bitcoin, XRP surged 5% but met resistance at a descending trend line.If XRP can break above the 200-days EMA, the 2020 bull-run is likely to continue toward $0.30.Key Support & Resistance LevelsXRP/USDSupport: $0.245, $0.234, $0.227.Resistance: $0.26, $0.274, $0.289.XRP/BTC:Support: 2600 SAT, 2525 SAT, 2455 SAT.Resistance: 2800 SAT, 2900 SAT, 3000 SAT.XRP/USD: XRP Rising Above $0.245 To...
Read More »Ripple Price Analysis: XRP Primed For More Upsides Above $0.26
Ripple price is trading nicely in an uptrend above the $0.2425 support area against the US dollar.The price seems to be eyeing a fresh increase above the $0.2600 and $0.2650 levels.There is a major bullish trend line forming with support near $0.2400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to grind higher towards $0.2800 once it gains strength above $0.2600.Ripple price is climbing steadily above $0.2500 against the US Dollar. XRP price remains...
Read More »Top 5 Cryptocurrencies to Follow in 2020
The total number of cryptocurrencies crawling all over the crypto space is now no less than a thousand. And more cryptocurrencies are rising by the minute.A little more than a decade since the first digital currency and we’ve had cryptocurrencies that failed their hyped potential and other ones that surprised us. In this article, we will be listing the top five cryptocurrencies you are better off paying attention to at the start of a new decade.We will touch on the past history, performance,...
Read More »Ripple’s XRP Payments Find Use on goLance Platform with over 500,000 Users
Popular freelance platform goLance has praised Ripple for making the payments of over 500,000 users a walk in the park, in what can best be described as a show of excitement. The company announced that Ripple’s On-Demand Liquidity, a cross-border payments solution powered by XRP, will officially be used to settle the payments of its users.The Painful Old WayLike most successful companies, growth is unstoppable. The same can be said about goLance, which has seen a spike in the number of its...
Read More »Ripple’s Global Network RippleNet Is Driving Usage of XRP
In an article, titled “The Sign of a Stabilizing Market: XRP Utility” that was published on Ripple‘s official website on Thursday, January 30, 2020, the company revealed that financial institutions are already utilizing the power of blockchain and digital asset technology. And there are tangible results to prove it.Ripple, the blockchain firm that actively uses the popular altcoin XRP in its solutions, has been in the news for a while now. Following a number of positive developments that...
Read More »Ripple and XRP Earn Mentions at Recent Hearing in U.S. Congress
Ripple and XRP were directly mentioned at a United States Congressional Hearing that was held on Thursday 30, January 2020. The hearing, which was titled ‘Is Cash Still King?’, was set by U.S. lawmakers to decide the fate of cash with relation to the rise of XRP and other cryptocurrencies.During the hearing, Congress directly mentioned blockchain firm Ripple and the efforts it has made with the adoption of XRP. So, someone eventually got it to spot on by recognizing that there is a popular...
Read More »Ripple Price Analysis: Following 8% Weekly Gains, Did XRP Finally Find The 2020 Bottom Against Bitcoin?
TL;DRXRP increased by a further 1.33% over the past 24 hours, resulting in a weekly increase of over 8%.Against Bitcoin, XRP rebounded from the support at 2525 SAT as it looks to regain some of the January losses.XRP now faces strong resistance at $0.245 and must close above here to head toward the 200-days EMA.Key Support & Resistance LevelsXRP/USDSupport: $0.234, $0.218, $0.212.Resistance: $0.245, $0.25, $0.26.XRP/BTCSupport: 2525 SAT, 2455 SAT, 2423 SAT.Resistance: 2600 SAT, 2710 SAT,...
Read More »XRP is a Scam, Claims Bitcoin Bull Ben Askren
As cryptocurrencies have grown, and people started to invest (and earn) bigger amounts of money, of course, that the regulators saw their chance to take something for themselves. By saying ‘something’ – it is usually meant of tax. One of the biggest regulatory arguments in the cryptocurrency space is concerning the legal status of digital assets. The regulators always want to describe every digital asset as a security or a commodity because then, they could tax it.However, XRP is one of the...
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