Ripple (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...

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...

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,...

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...

Während Facebook mit seinem Libra nicht wirklich vorankommt, könnte es Google mit seinem eigenen Cryptocoin versuchen. Es handelt sich zwar bisher nur um Gerüchte, doch Google möchte sein Zahlungssystem für Google Chrome überarbeiten und hat sich dafür einen Ex-Mitarbeiter von Ripple geholt.Crypto News: Ex-Ripple Mitarbeiter arbeitet nun für Google’s Payment SystemOffiziell arbeitet man bei Google daran ein neues Payment Handler API für die iOS-Version von Google Chrome zu kreieren. Dafür...

BitcoinBitcoin saw a further 10% price surge over the past week as the number 1 ranked cryptocurrency breaks above the $9,000 level. It had found major support at $8,255 (short term .382 Fib Retracement), which allowed it to rebound and climb. Bitcoin went on to rise into resistance provided by the November high at $9,430 before stalling. If the buyers continue to drive Bitcoin higher, the first level of resistance is located at $9,476 (1.618 Fib Extension). Above this, resistance lies at...

XRP, that is widely used by Ripple Labs in its advanced solutions, is on the verge of breaking out from the downtrend resistance that got it hooked at low prices for more than two full years of the bear market.The crypto world has been dominated by headlines of the imminent rise of the XRP within the last couple of hours. People are anticipating a breakout from the asset that could produce a huge shock to the crypto market with fast and massive gains that could raise the XRP price to as high...

Why Bitcoin is Continuing to Climb, from More Solid Ground Than EverLast night saw Bitcoin once again soaring up the market, with a 6% increase over the course of three hours. This continues a fantastic start to the year for the world’s largest decentralized currency, which is up 30% since January 1st, and  pulling along with it several other primary cryptocurrencies, including Ether, Litecoin, Ripple and Dash.A Significant Moment for BitcoinJanuary 2020 is certainly proving highly...

Litecoin price remained in a positive zone and recently tested $62.40 against the US Dollar.LTC price corrected lower and it is now trading above the $58.00 support area.There is a major bullish trend line forming with support near $57.85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $61.00 and $62.40 resistance levels in the near term.Litecoin price is showing a lot of positive signs above $58.00 against the US Dollar,...

XRP increased by 2.5% over the past 24 hours of trading, bringing the price up to $0.238.Against BTC, XRP has suffered heavily after dropping beneath 2600 SAT to approach the January lows at 2525 SAT.The latest price increase is mostly a result of BTC surging back above $9,000.Key Support & Resistance LevelsXRP/USDSupport: $0.234, $0.218, $0.20. Resistance: $0.245, $0.25, $0.26.XRP/BTC:Support: 2525 SAT, 2455 SAT, 2423 SAT.Resistance: 2600 SAT, 2710 SAT, 2800 SAT.XRP/USD: XRP Rebounds...