Ripple has been deteriorating in bear territory for most of 2019 against bitcoin. The third-largest cryptocurrency is down by over 63% year-to-date. The deep dive has driven many traders to take a bearish stance on the XRP/BTC pair. A trader seeing a massive XRP dump. | Source: TwitterNevertheless, the widely-followed accounts on Crypto Twitter (CT) think otherwise. They are seeing encouraging developments in the coin that they are sharing bullish charts. XRP/BTC Looks Hungry, Says Analyst...
Read More »Bitcoin Price Goes Below $8,000 as the Cryptospace Experiences a Squeeze
In what seems to be a return to bearish tendencies, Bitcoin price has dipped below $8,000 overnight, fortunately, major altcoins haven’t followed suit this time. At the time of writing, BTC was down 0.83% to $7,967.00.The altcoins, on the other hand, have fared differently with each altcoin seeming to find its ground. Ethereum (ETH) is down 0.51% to $174.16, XRP is up 5.44% to $0.27, EOS is up 1.27%, Tether down 0.71% to $1 while Litecoin is down by 0.97% to $55.68. Several factors may be...
Read More »Crypto Community FOMOing Following XRP’s 15% Weekly Gain
While major cryptocurrencies are struggling to increase their already-low prices, XRP is very much in the green with significant gains over the past week and particularly today. Moreover, Ripple’s XRP has again become a hot topic on social media. Is this a signal of an upcoming “altcoin season”?Since the crypto market crash in late September caused by the disappointing launch of the highly anticipated Bakkt Bitcoin futures trading platform, cryptocurrencies are struggling to recover. Bitcoin...
Read More »Ripple Price Analysis: XRP Rebound Could Extend To $0.30
Ripple price is currently recovering and is trading above the $0.2500 resistance against the US dollar.The price is likely to break the $0.2700 and $0.2850 resistance levels in the near term.There is a key bullish trend line forming with support near $0.2515 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price remains well supported on dips near the $0.2600 and $0.2550 levels.Ripple price is showing positive signs above $0.2600 against the US Dollar. XRP price is...
Read More »Ripple (XRP) Skates Market Slump with 27% Surge in 3-Day Rally
The price of XRP, the native cryptocurrency of Ripple’s blockchain network, has increased by 27% in 3 days. The rally of XRP comes during a period in which most major cryptocurrencies have been struggling against the U.S. dollar amidst a market pullback. The XRP price has increased by 27% in 3 days against the USD (source; coinmarketcap.com)Around the same time frame, the price of bitcoin has declined from $8,200 to $7,800 and the price of Ethereum has slipped from $177 to $169. Possible...
Read More »UK Customers to Enjoy Full GBP Support Following Coinbase Reinstatement
Coinbase, that is a well-known large crypto exchange based in the U.S., has taken a decision to reinstated GBP moves targeted at its UK users. This has become known from the recently published official blog post.The company has further incorporated full support for five brand new crypto assets: XRP, Stellar (XLM), Augur (REP), 0x (ZRX) and Basic Attention Token (BAT) – to GBP digital wallets as the firm reported on a material day. Successful Cooperation between Coinbase and Clearbank Last...
Read More »Ripple Price Analysis: XRP Shows Bullishness Against Bitcoin, Is $0.3 At Sight?
Ripple (XRP) has seen a promising 5% increase over the past week, bringing its price up to $0.25. The latest increase is largely due to XRP rebounding against BTC as a continues tryout to break above the resistance of the 3100 SAT level. The coin has struggled over the past three months after dropping by a steep 36%. However, the market looks to be on the road for bullish recovery. XRP is the third-largest cryptocurrency with a market cap of $10.87 billion, according to CoinGecko.Looking at...
Read More »Should I Buy and Sell XRP in 2019?
XRP is the third-largest cryptocurrency by market cap and it is probably the only cryptocurrency with established relationships with traditional financial institutions. If you’ve been following cryptocurrencies, you’ll probably be wondering if you should buy XRP in 2019. XRP was released in 2012 by Ripple Labs Inc with the singular aim of becoming a blockchain-powered solution for sending money across borders seamlessly.You probably won’t be excited to buy XRP in 2019 when you consider the...
Read More »Binance Introduces XRP to Binance Chain and Binance DEX
Ripples’ XRP has been pegged to several cryptocurrency pairs on Binance DEX independently of Ripple‘s Mainnet. Binance CEO Changpeng Zhao indicated this in a tweet:This was suppose to be announced a bit later. But such is the nature of blockchain project, #transparency. Can't hide anything.Well, there you go, #XRP (on chain pegged) on #BinanceChain and @Binance_DEX.Guess which flood gates this opens up? https://t.co/Mxpm5jZCfz— CZ Binance (@cz_binance) October 3, 2019Binance Dex, the platform...
Read More »Vega Completes $5M Seed Round For Decentralized Derivatives Trading Protocol
Vega Protocol, a fully decentralized trading technology platform, has just announced it has successfully concluded a seed round and raised more than $5 million. The funding round was led by Pantera Capital and also had a few others as participants, including Xpring (Ripple), Focus Labs, Rockaway Blockchain, KR 1, Hashed and RSK Ecosystem Fund, among others.According to a press release, Vega’s aim is to provide a blockchain network that will allow traders to make beneficial moves for...
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