The FXCM Group, an international online platform that offers foreign exchange (FOREX) trading, digital asset trading, as well as contracts-for-difference (CFD), has announced the start of a new offering for cryptocurrency baskets, targeted at the company’s retail patrons.According to an official FXCM press release, the new crypto basket is called CryptoMajor and will allow retailers handle a pool of five different digital currencies at once. The announcement specifies that the assets...
Read More »Binance Unveils XRP/BNB Trading Pair Now Available on Binance DEX
The chief among other cryptocurrency exchanges by volume, Binance, released a statement on Thursday to notify all and sundry that a new trading pair has been included in its decentralized exchange (DEX), and this will be the second cryptocurrency to be accorded such privilege.The trading pair XRP-BNB is listed as XRP-BF2, and Binance has already minted 10 million of the pair for its decentralized exchange. Before XRP-BF2 came along, Binance had added a Bitcoin pegged variant, BTCB, in June...
Read More »Ripple Expands its Outreach Signing Finastra Into Its RippleNet
Ripple Labs Inc has taken one more step in consolidating its global remittances and payments network with a new partnership with London-based Fintech firm Finastra. The company announced this yesterday in a statement indicating the partnership will offer Finastra’s customers access to Ripple’s Mainnet blockchain. Being one of the most successful banking software solutions firms in the world, Finastra offers software solutions to all across the financial value chain and the global linkages it...
Read More »Facebook’s Libra Will Be Delayed For At Least 3 Years, Believes Ripple CEO
Photo: ShutterstockWhen Facebook announced it is going with its own cryptocurrency Libra back in June, the CEO of Ripple Labs Inc., a US-based technology company, Brad Garlinghouse, was one of its first open supporters.Actually, he was so thrilled by the whole project and all the ‘fuss’ it had gathered in the crypto community that he decided to send the champagne to the Zuckerberg & Co.Be it as it may, a hard times has come to Libra, even before it actually came to circulation. As we had...
Read More »Investors Hint at XRP’s Dominance Against Bitcoin Amid XRP’s Sudden Price Surge
Ripple‘s XRP token has been one of the poorest performers in the top ten cryptocurrencies in the market. XRP has shed more than 60% of its market cap year-to-date. However, XRP price’s sudden surge over the last few days has drawn investor attention back to the third-largest cryptocurrency.If we look at the weekly chart of CoinMarketCap, we can see that XRP has jumped by over 10% in just the last three days. At press time, XRP is trading at $0.27 with a market cap of just above $12...
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 »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 »Ripple’s Xpring Is Now Open Developer Platform
To make sure that Ripple‘s XRP begins to function on a broad basis, Ripple Labs has introduced the Xpring platform in order to enable third parties to be able to use XRP’s Mainnet for different kinds of applications like never before. One year after Ripple announced the existence of the platform, the XRP development team decided to enable just about anyone to be able to create smart applications that use XRP as the main token of execution of transactions.Ripple indicated this in a tweet that...
Read More »Ripple Makes Inroads into Europe by Making Yet Another Acquisition
Ripple Labs Inc, the owners, and developers of XRP, has just acquired Algrim, a crypto trading firm which has quite a bit of talent despite its small number of human resources.The six-person cryptocurrency firm which has been around for about a decade gives Ripple Labs a foothold in the crypto-friendly country of Iceland which though smaller than 500,000 people (around 340,000) has been at the center of the crypto space for many reasons one of them being access to cheap electricity.With its...
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