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Tag Archives: moneygram

Ripple’s MoneyGram (MGI) Stock Down as Company Reports Weak Financial 2019 Results

MoneyGram International Inc, which is one of the major Ripple’s partners, has revealed that it had a bad fourth quarter of 2019, especially if compared to results in Q4 2018. The stock is in red.MoneyGram International Inc (NASDAQ: MGI) stock is trading at around $2.38 at the moment of writing which indicated that the stock has lost over 7% since the last closing. Ripple and MoneyGram International Inc are making significant moves to keep the service on the top of the remittance market. The...

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Ripple Transfers $54 Million in XRP to Mexico in One Week, Inks Useful Partnerships

Ripple’s XRP price may be on the road to the next big move, as the company is actively expanding the scales of its activities and joined the Top 100 Remittance Companies list being the only crypto-related company there.Ripple network sent 54 million in one week from the U.S. to Mexico, according to the reports. Such a big volume level pushes XRP price greatly, even though the recent downfall. With the company reaching the top 100 cross-border payment corporations chart, new horizons are...

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XRP Market Performance: XRP Price Is Going Down but It May Start Increasing Again Soon

XRP price is down now. But let’s take a closer look at the XRP market performance and the measures put in place by Ripple and XRPL community to see the coin thrive in the future.Ripple’s XRP has enjoyed a good reception in the market and the price has been recovering slowly after the 2017-2018 depreciation. That’s why the XRP market performance is widely discussed these days. The XRP price has been stabilizing, breaking the downward trend and also starting to form an upward movement.This has...

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Ripple Is Among FXC Intelligence’s Top 100 Cross-Border Payment Companies

Ripple has been included in the list of the top 100 cross-border payment firms by FXC Intelligence. It is ranked with top giants in that field like PayPal and also UBS.The San-Francisco blockchain company Ripple Inc. has been recognized by FXC intelligence as one of the top 100 most important companies globally that are dealing with border payments in 2020. Ripple is the only crypto-related company that made it in the list of the cross-border whales.FXC Intelligence is a financial data...

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Ripple’s XRP Price Can Reach $1 in 2020, Expert Claims

It is expected that Ripple’s XRP, the top cryptocurrency by many adoption rankings, could gain two-thirds of its current price as we are getting closer to the beginning of 2021.On February 16, XRP price did a move back to $0.26 per one coin. However, the token almost recovered to the $0.30 mark, yet then the price rolled back, reaching $0.29 at the time of writing. The community supports the coin more than ever. Some experts blow up Twitter follower’s hats off with crazy predictions. They say...

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Ripple CEO Says in an Interview with CNN that There Can’t Be One Winner in Crypto Space

In the interview with CNN, Ripple CEO Brad Garlinghouse answered a number of questions on the issues that are widely discussed in the crypto community. He also said that his words about IPO in 2020 were misquoted.Recently, Ripple CEO Brad Garlinghouse has given an interview to CNN anchor and correspondent Julia Chatterley. On February 17, it was published. Through her official twitter page, Chatterley posted the whole interview for her followers and the crypto community at large to get to...

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Ripple’s MoneyGram Reveals Real-Time Remittance Tech Based on Visa not on XRP or RippleNet

Ripple-backed MoneyGram has announced that the new service called FastSend, that was created to allow customers to send money directly to the phone numbers of recipients, will be based on Visa and not on RippleNet or XRP.International remittance giant company MoneyGram has recently announced its new FastSend service in order to facilitate the transfer of money to the recipient’s phone numbers. The service will be powered by Visa and not by the pre-existing partnership with Ripple that offers...

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Ripple-Backed MoneyGram Offers Free Solution to Coinbase CEO after His Transaction Failure

After tweeting about a problem with PayPal and SquareCash, the CEO of Coinbase Brian Armstrong has been offered a solution by Ripple-backed Moneygram.Many traditional financial institutions are against the cryptocurrency sector. Unsurprisingly, several of these institutions go out of their way to stifle any transactions passing through their corridor, which has any bearing with cryptocurrency. Another occurrence has happened between PayPal and the Coinbase CEO, which sparked a lot of...

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Ripple’s Partner MoneyGram Launches FastSend Service for Seamless Money Transfer

Ripple-backed MoneyGram launched a new service called FastSend to help customers to send money directly to the phone numbers of recipients. Meanwhile, Ripple has entered into a partnership with the National Bank of Egypt.In its bid to digitalize the entire financial ecosystem, leading P2P cross border Ripple-backed payment platform MoneyGram has announced today the launch of MoneyGram FastSend. It is a new service that is geared towards sending money to a recipient’s phone number through the...

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Ripple’s XRP Price Is Up as BitMEX Launches Perpetual Swaps against U.S. Dollar

Just recently BitMEX has launched XRPUSD swaps. At the very beginning Ripple’s XRP price hasn’t reacted, staying stable. However, now XRP seems to be climbing up.The third-largest cryptocurrency by market cap XRP is now supported for perpetual swaps with the United States Dollar on the crypto derivatives exchange, BitMEX. The XRP price at first failed to react positively. It stayed at the same level. However, now the situation has changed. The price seems to be climbing up. BitMEX confirmed...

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