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...
Read More »BitPay Expands XRP Support: Users Can Buy Even Amazon Gift Cards with XRP
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...
Read More »FinNexus Plans to Build Tokenized Asset Platform on XRP Ledger
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...
Read More »Ripple Price Analysis: XRP Remains Supported Despite Recent Pullback
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....
Read More »Tesla Stock May Reach $6,000 to Let Company Join $1 Trillion Club
Researchers claim Tesla car company will be gaining in the market weight as well as in the electric car sphere. The FANG or FAANG list may change the name to FAAMGT because Microsoft and Tesla are the two big corporations in a hurry to achieve perfection. The corporations in that list are considered by many as the saviors of the American economy.Analysts from Ark Investment Say Tesla to Go BullishCatherine Wood is a professional with a vision who claims that Tesla stock can easily reach the...
Read More »Will XRP Price Be Able to Hit $692 in 2020?
Anyone can issue his own money – this should be the main notion in FinTech of the 21st century.According to the statistics, the daily volume of international payments equals almost 10 trillion dollars, with 5 trillion handled by the SWIFT international payment system. It was designed back in 1972, yet many banks still use the outdated, 40-years old software. Cross-border bank accounts are holding $27 trillion in cash.Let’s consider the volume of international payments stated above. If the...
Read More »Crypto Price Analysis & Overview January 17th: Bitcoin, Ethereum, Ripple, Tezos, and Ethereum Classic.
Bitcoin saw a serious 12% price increase this week, allowing the cryptocurrency to rises toward the $8,800 level. BTC actually managed to rise into the $9,000 resistance level today but has since rolled over and fallen slightly. The latest price increase saw Bitcoin rising well above the 200-days EMA as it approached resistance at $8,960 (provided by a bearish .786 Fibonacci Retracement level). This price surge puts Bitcoin on a strong bullish footing as the cryptocurrency gears itself to...
Read More »XRP Struggles At The 100MA As Bitcoin Attempts To Retake $9,000: Ripple Price Analysis
XRP has seen a 13% price surge this week as it reaches resistance at $0.234.Against BTC, XRP continues to trade sideways as it straddles the 2600 SAT level.Once XRP manages to overcome $0.2345, the coin might surge back toward $0.30.Key Support & Resistance LevelsXRP/USDSupport: $0.22, $0.20, $0.185 Resistance: $0.2345, $0.25, $0.262.XRP/BTC:Support: 2600 SAT, 2350 SAT, 2455 SAT.Resistance: 2710 SAT, 2800 SAT, 2900 SAT.XRP/USD: XRP Reaches 100-Days EMA But Struggles To PassSince our...
Read More »Ripple Is One of the Best Workplaces According to Fortune
Fortune loves to make different kinds of lists for any kind of topic, but this list is a rather interesting statistic. From all the business industries in San Francisco, Fortune listed 35 best workplaces in the Bay Area and Ripple is one of them. Excited to be recognized as one of @FortuneMagazine’s #BestWorkplaces in the Bay Area 2020! https://t.co/ope8KXIRDc— Ripple (@Ripple) January 16, 2020Most of the 35 companies included in the Best workplace list are Information technology companies...
Read More »Two Prime’s FF1 Token: New Asset Class with ‘Continuous’ ICO Model
Recently, Hong Kong saw setting up a new fintech startup Two Prime that focuses on the financial application of crypto by introducing a diversified investment model. As a new startup, Two Prime is trying to surprise the world and offer ingenious ideas. Yesterday, the firm announced the launch of FF Accretive Token (FF1) which is ‘a brand new asset crypto class’. According to the company, Two Prime’s FF1 Token combines the features of a close-ended fund, asset-backed token, and a secure store...
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Ripple (XRP)
