Ripple Labs’ XRP token seems to have again come under scrutiny as popular crypto influencer and crypto investor BitLord went after the cryptocurrency token in a tweet describing it as a security. That’s an allegation which Ripple Labs has gone to great lengths to deny and also to put at bay due to the serious nature of the repercussions of such. This comes after sources indicated that Ripple completed its investment commitment in Moneygram as it now holds about 10% of the common stock of the...
Read More »Ripple-Backed Omni Announces Closure, Coinbase Shows Interest in Hiring Its Developers
It looks like the digital storage and rental marketplace Omni has been struggling to make ends meet. In the latest development, Omni has announced its intentions to shut down its operations by the end of 2019.This announcement comes just within a few months after the rental startup sold its physical storage operations to its competitor Clutter in May 2019. A report from the TechCrunch states that $35 million worth Omni is yet another victim of a “venture capital-subsidized business”. Meaning...
Read More »TransferGo Set to Move to Ripple’s On-Demand Liquidity that Uses XRP
Last year, the U.K. payment remittance platform TransferGo, announced that it had entered a partnership with Ripple and joined RippleNet, with a focus of helping Indian migrants in the U.K. make cross-border payments back to their families. However, the company has now announced that it will take the relationship a notch higher, and move its business to Ripple’s On-Demand Liquidity (ODL) which uses XRP.Speaking about the move, CEO Daumantas Dvilinskas has suggested that ODL will shoot the...
Read More »Booking.com Joins Hands with Crypto-Friendly Travel Booking Platform Travala.com
As part of a major Strategic Partnership Agreement online travel giant Booking.com has joined hands with crypto-friendly travel platform Travala.com. The official announcement came from Travala on Monday, November 25.Over the last two years, Travala has expanded its services by allowing its users to pay for their hotel bookings in cryptocurrency. Besides, the announcement says that Travala has already integrated Booking.com’s accommodation to its platform. With this major collaboration,...
Read More »XRP erreichte sein Zweijahrestief ?
XRP erreichte sein Zweijahrestief Lange vor dem Bullenrun, der XRP auf sein Allzeithoch von 2,82 Euro brachte, hatte Ripple Mühe, es über die Marke von 20 Cent zu bleiben. Vor einigen Tagen gings dann richtig bergab. Zuerst sah es so aus, als ob Ripple sich fest zwischen 20 und 30 Cent halten kann. Doch dies änderte sich jedoch gestern. In den letzten Monaten ist der XRP-Preis...
Read More »Ripple Finishes $50M Investment in MoneyGram
Financial services company MoneyGram International Inc. announced on Monday that a provider of leading enterprise blockchain solutions for global payments Ripple Labs, completed its final $20 million investment in MoneyGram equity consistent to its primarily $50 million equity investment commitment that the company made earlier this year.The price of share Ripple paid was $4.10 that seems to be pretty much higher than MoneyGram’s current price on the market. As per the announcement, the...
Read More »#758 Ripple Moneygram Anteile, Neue Sibirische BTC Mining Farm & Booking.com mit Krypto zahlen
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 758. Heute sprechen wir über folgende Themen: Ripple erwirbt weitere Moneygram-Anteile, Neue sibirische Bitcoin-Mining-Farm & Travala Krypto-Bezahlung für alle Booking.com Hotels 1.) Ripple erwirbt weitere Moneygram-Anteile für 20 Millionen US-Dollarhttps://www.btc-echo.de/ripple-erwirbt-weitere-moneygram-anteile-fuer-20-millionen-us-dollar/ 2.) Neue sibirische Bitcoin-Mining-Farm ist die größte in...
Read More »India Could Be The Next Big “Crypto Country”
Could India be on the verge of making a real name for itself in the crypto space?India: The New Big Crypto Haven?The country has often had a very mixed relationship with digital currency, being rather hostile towards the likes of Libra and even threatening jail time for crypto users, but a new crypto merger may be what is needed to ensure digital money’s future within the country’s borders.Crypto exchange Wazir X is now a part of arguably the world’s largest and most popular digital trading...
Read More »Ripple Recorded Today Its Lowest Price Since 2017: Can XRP Recover From Here? Analysis & Overview
XRP saw a steep price decline of around 5.15% over the past 24 hours and it currently trades at $0.22. During the day, the cryptocurrency dropped to as low as $0.19 creating a fresh low that hasn’t been seen for almost 2 years.Despite this, there are still some positive developments within the Ripple ecosystem. For example, Mercury FX, a global currency exchange provider, has recently announced its plans to expand the use of On-Demand Liquidity (formerly xRapid) – an XRP-based payment...
Read More »XRP’s Daily Transaction Volume Sets New Record, Surges above Bitcoin and Ethereum
Transaction volume is an important metric often considered to determine the growth and popularity of a blockchain ecosystem. This is a go-to metric that often determines user activity and interest for a particular blockchain system. Well, XRP is the show stealer at this moment as it has surpassed both Bitcoin and Ethereum in daily transaction volumes.Last Saturday, November 23, the XRP ledger daily transaction volume hit a massive figure of 4 million. This is the highest recorded volume for...
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