Tag Archives: XRP (XRP)

Ripple has indicated a serious interest in planting itself in the financial and remittance market of the Asia-Pacific (APAC) region. The giant blockchain company believes that the region is still a largely untapped mine and has its eyes firmly placed on this region for the year 2020.Ripple Has 2020 Plans for Asia-PacificIn an official Ripple publication on Thursday, the company breaks down the Asia-Pacific region, underscoring how much of a gold mine it is. Citing an article by the World...

One of the most experienced companies in blockchain payments BitPay is expanding XRP support. Now XRP owners can use the currency to make purchases on all the retailers BitPay works with. Besides, they can buy gift cards even for Amazon with XRP.BitPay co-founder Tony Gallippi has already confirmed the positive news. According to Gallippi, users will enjoy XRP support starting next week.Run! $XRP added to @BitPay!Starting next week, gift cards can be purchased with $XRP -even for...

FinNexus, an open finance protocol designed to create a bridge between different blockchains, announced via a Medium blog post plans to develop a tokenized asset platform on XRP ledger. The company will run a pilot project of the tokenized platform in Q4 this year.The crypto firm is planning to build three technical products: the Blockchain Interaction Protocol (BIP), a Protocol Cluster for Assets Payments (PCAP), and an Assets Distribution Protocol (ADP).To develop the BIP product, FinNexus...

Anyone can issue his own money – this should be the main notion in FinTech of the 21st century.According to the statistics, the daily volume of international payments equals almost 10 trillion dollars, with 5 trillion handled by the SWIFT international payment system. It was designed back in 1972, yet many banks still use the outdated, 40-years old software. Cross-border bank accounts are holding $27 trillion in cash.Let’s consider the volume of international payments stated above. If the...

XRP fell over 4% after it was rejected around $0.2450 price level versus the US dollar, as Bitcoin traded around $8,900 price level. The XRP price has now moved toward the primary support levels at $0.2212 and $0.2200.During the present week, we recorded great development up in Bitcoin, Ethereum and XRP versus the US dollar. The price of XRP rose past barrier levels of $0.2250 and $0.2320.The price has relentlessly declined after the development of a transient top in the district of $0.2450...

Ripple CEO Brad Garlinghouse has once again spoken about XRP and why it should not be classified as a security. XRP is the third-largest digital asset by market cap currently trading at $0.227. The asset has, however, had a rough time with regulatory authorities on the topic of its proper classification. While there has been no official ruling yet, the CEO is unwavering about XRP’s status.The XRP LawsuitFor a while now, Ripple has been stuck in a class-action lawsuit to determine XRP’s...

If Judge Phyllis Hamilton will decide that Ripple is breaking the U.S. law with its token offerings, this could tank the 500 billion economy to the bottoms of the cryptocurrency market, after possible panic-sell.On 4 December, Ripple had asked the Chief District Judge Phyllis Hamilton of the Northern District of California to dismiss the case against cryptocurrency. The representatives are saying that the lawsuit sent to court by the angry Ripple investors is not relevant. Because there was a...

Multinational payment remittance platform MoneyGram has announced a partnership with the EbixCash network, to expand Moneygram’s presence in India. The partnership was announced in an official MoneyGram news release published on Monday, Jan. 13.The press release states that EbixCash is a wholly-owned subsidiary of Ebix, Inc. The latter is an international supplier of application software products, based in Atlanta, Georgia. Starting immediately, EbixCash will be exclusively responsible for...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.The market may be returning to an uptrend. The Bitcoin demonstrates confident growth, executing a reversal pattern. The aim of the growth may be the area near $12400. Other coins are also trying to rise. The leader here is the Bitcoin SV that has escaped a flat. As a rule, at such moments the...

XRP gave the crypto community an unexpected gift when it rose by 10 percent on Tuesday. The third biggest cryptocurrency has been sluggish in its movement, barely keeping up with other top cryptocurrencies like Bitcoin (BTC). But in what resembled a rush of adrenaline, XRP astonished crypto investors when it regained strength to take back the $0.244 level. This event is so remarkable because this is the first show of strength XRP has managed to achieve since November ending of 2019.Now that...