Ripple (XRP)

The native token of Ripple – XRP – has topped another recent ranking by becoming the most traded alternative coin on US-available cryptocurrency exchanges this year. The asset and its surrounding developments have been among the trendiest topics in the crypto community lately, possibly playing a role in the increased trading volume.  Leaving DOGE and SHIB Behind According to Kaiko’s analyst Dessislava Ianeva, cumulative trade volume in 2023 involving XRP has soared to $30...

GMO Coin – a cryptocurrency exchange operating under the umbrella of the Japanese IT behemoth GMO Internet Group – will distribute Songbird (SGB) tokens to eligible XRP users. The airdrop is scheduled to reach customers by September 29, 2023. Benefiting XRP Owners The Japanese organization explained that the offering will reach those clients who have held amounts of Ripple’s native token in GMO Coin accounts after December 12, 2020. “Customers using crypto asset lending...

The price of Bitcoin is still above $27k as investors and stakeholders await monetary policy announcements from regulators worldwide. The price of Bitcoin stayed above $27,000 on Wednesday as most of the largest cryptocurrencies remained barely changed for the most part. The crypto market is likely reacting to investors holding out for official monetary policy announcements from central banks around the world. Earlier, BTC was unable to scale its 50-day moving average as it met with stiff...

The popular cryptocurrency analyst, going by the name “KALEO” on X (Twitter), is optimistic that the price of Ripple’s native token – XRP – will soar in the near future. The forecast is based on the outcome of the lawsuit between the crypto firm and the United States Securities and Exchange Commission (SEC). ‘I’m Long XRP’ KALEO took it to X to outline that XRP’s valuation has recently found “solid support” after considerably dropping to its pre-July levels. Recall that the...

Bitcoin-Börsen wie Binance verlangen bei einigen digitalen Währungen zusätzlich zur Empfängeradresse einen Memo Tag. Dieser dient zur eindeutigen Identifizierung der Transaktion. Kryptowährungen, insbesondere Ripple (XRP) und Stellar (XLM), haben sich in den letzten Jahren stark entwickelt und gewinnen immer mehr an Bedeutung. Während viele Kryptowährungen einfach über ihre eindeutige Wallet-Adresse transferiert werden können, erfordern Ripple und...

Ripple’s XRP has mostly been touted as a means for cross-border payments part of the XRP Ledger. But it appears that people have found some interesting, unexpected, and, quite frankly, rather cool uses of the cryptocurrency. It’s worth noting, though, that other coins, such as BTC and ETH, would probably do a similarly good job for the use case in question. It was brought up as a response to a Twitter threat by the popular lawyer John Deaton. He represents tens of thousands...

The trading volume of the fifth largest cryptocurrency by market capitalization – XRP – has spiked by over 90% in the past 24 hours, whereas other indicators, such as the asset’s futures long/short ratio, have also headed north. Those are considered bullish factors, indicating that traders believe the coin’s price could soon start rallying. XRP on a Pole Position The cryptocurrency market has shown signs of serious revival lately, with the prices of most assets spiking to...

Ripple price started a downside correction from the $0.5080 zone against the US dollar. The price is now trading above $0.490 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $0.4960 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.4750. Ripple price is consolidating near $0.490 against the US Dollar, similar to...

Ripple’s price has been gradually declining, forming lower highs and lows against both USDT and BTC. Despite this, investors can still be optimistic, as a potential rebound from the nearby support level is possible. Technical Analysis By Edris The USDT Paired Chart The price has been going through a bearish trend on the daily timeframe against USDT. The 200-day moving average, located around the $0.5 mark, is currently acting as resistance, preventing the price from rising...

There’s been an interesting ongoing discussion among XRP aficionados on Twitter lately, with some laying arguments as to what the future of Ripple should look like so that it supports the company’s vision, as well as that of XRP holders. A community member, Yassin Mobarak, took it to X to comment: I’m sensing Ripple is shifting from reliance on XRP in cross-border payments to new use cases such as institutional custody of digital assets, derivatives, CBDCs, and carbon credit...