Ripple (XRP)

One of the most “unpopular battles” in the crypto universe is definitely one of Ripple. The efforts of the company to prove that XRP isn’t a security became a prolonged battle.This exact battle could hold the key to XRP’s future and it has been held forth again. Be it as it may, there has been a lawsuit that may present Ripple as an issuer and the seller of the coin. Do not forget, XRP is one of the largest by market cap. At the time of writing the market cap of the coin was $10,33 billion...

Starting today, January 21, the annual World Economic Forum 2020 is kicking off in Davos, Switzerland, with global leaders seen participating. Like always, this will also be a four-day event going up to January 24.This year’s WEF 2020’s theme is “Stakeholders for a Cohesive and Sustainable World”. Like every year, global leaders will speak on issues of the global economy and wider participation of countries for overall sustainable growth. Besides, there will also be talks on avoiding trade...

Mike Novogratz of Galaxy Digital is skeptical of the sudden altcoin rally that crypto enthusiasts have been witnessing over the past several days.Mike Novogratz: What the Heck Is Going On?A wide variety of cryptocurrencies – including Ethereum (ETH), Ripple’s XRP and bitcoin SV (BSV) – have all jumped over the past week, with bitcoin SV surging by as much as 99 percent. This likely stemmed from the news that Craig Wright was cooperating in the lawsuit against him by Ira Kleiman, who claimed...

Despite moving in the opposite direction, Ripple’s XRP maintains channel pattern across its trading pairs.XRP is bullish against the US Dollar but waiting to make or break the channel.Against Bitcoin, XRP is losing momentum as the 2512SAT level is under bearish threat.XRP/USD: XRP Finds Slight Support At $0.23, Can This Level Hold?Key Support Levels: $0.21, $0.20, $0.186Key Resistance Levels: $0.251, $0.26, $0.28Starting with a positive move in the year 2020, XRP has witnessed a significant...

Ever since the geopolitical tensions in the Middle East where top Iranian military commander Qassem Soleimani died, the incident is the main explainer for why gold reached six-year highs. Now when in the recent days the Swiss Franc is surging, Goldman Sachs Co-Head of Global Foreign Exchange Zach Pandl believes it could be because it may be being used as a proxy for gold. He says that CHF follows gold in terms of price swings. Pandl said that on Monday morning it was trading around...

Tomorrow, the business leaders and politicians from the globe are meeting at another session of the World Economic Forum (WEF), in Davos, Switzerland.This is the 50th anniversary of the event with a theme: “Stakeholders for a Cohesive and Sustainable World.” The annual economic gathering will run from January 21 until January 24.United Kindom Prime Minister Boris Johnson will not attend the World Economic Forum in Davos, Switzerland, Downing Street said on Monday. Johnson asserted that his...

Ripple has indicated a serious interest in planting itself in the financial and remittance market of the Asia-Pacific (APAC) region. The giant blockchain company believes that the region is still a largely untapped mine and has its eyes firmly placed on this region for the year 2020.Ripple Has 2020 Plans for Asia-PacificIn an official Ripple publication on Thursday, the company breaks down the Asia-Pacific region, underscoring how much of a gold mine it is. Citing an article by the World...

One of the most experienced companies in blockchain payments BitPay is expanding XRP support. Now XRP owners can use the currency to make purchases on all the retailers BitPay works with. Besides, they can buy gift cards even for Amazon with XRP.BitPay co-founder Tony Gallippi has already confirmed the positive news. According to Gallippi, users will enjoy XRP support starting next week.Run! $XRP added to @BitPay!Starting next week, gift cards can be purchased with $XRP -even for...

FinNexus, an open finance protocol designed to create a bridge between different blockchains, announced via a Medium blog post plans to develop a tokenized asset platform on XRP ledger. The company will run a pilot project of the tokenized platform in Q4 this year.The crypto firm is planning to build three technical products: the Blockchain Interaction Protocol (BIP), a Protocol Cluster for Assets Payments (PCAP), and an Assets Distribution Protocol (ADP).To develop the BIP product, FinNexus...

Ripple price started a major downside correction from close to $0.2550 resistance against the US dollar.The price declined below $0.2400, but it is still trading nicely above the $0.2260 support area.There is a key bullish trend line with support near $0.2265 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to bounce back above $0.2400 unless it breaks the $0.2200 support area.Ripple price is correcting gains from the $0.2540 high against the US Dollar....