Tag Archives: XRP

On Tuesday, June 13, the markets reacted positively to the publication of inflation data. The inflation rate in the United States increased by 0.1% in May. This inflation figure represents a 4% increase over the past 12 months, which meets the economic expectations of the Fed. But will it be enough for the Federal Reserve to slow down its aggressive monetary policy? According to the Consumer Price Index Summary report for May, published by the US Bureau of Labor Statistics, inflation...

The price of Bitcoin is now experiencing some stability after heavy volatility following last week’s events in the crypto sector. The price of Bitcoin (BTC) seems to have stabilized as the world’s largest cryptocurrency by market cap recovers from recent volatility. Throughout last week, Bitcoin was unstable following regulatory issues that plagued the crypto industry and caused uncertainty and doubt. According to CoinMarketCap data, Bitcoin is trading at $26,147 after climbing less...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price started a downside correction from the $0.5450 zone against the US dollar. The price is now trading below $0.520 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.530 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The...

The US SEC has mysteriously deleted Hinman’s biography from its website ahead of the court’s imminent order to disclose unredacted emails from Hinman’s communications. The United States Securities and Exchange Commission (SEC) erased the biography of former commissioner William Hinman from its website eight days before the court demanded the financial watchdog to provide unedited copies of all of Hinman’s emails in its case against Ripple Labs. Before now, the SEC’s website contained...

XRP’s lawyer thinks the outcome could be determined by September based on recent events. In light of this, Ripple is allegedly meeting with investors to discuss their interest in an IPO. As its legal battle related to XRP with the Securities and Exchange Commission (SEC) draws to a close, there are rumors that Ripple may conduct an IPO. Wall Street expert Linda Jones hinted at the possibility by outlining the advantages of a potential initial public offering. Linda used information from...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price is facing resistance near the $0.550 level against the US dollar. The price is now trading above $0.50 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.5280 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price is facing resistance near the $0.485 level against the US dollar. The price is now trading above $0.470 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.4640 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price started a downside correction from the $0.4700 zone against the US dollar. The price is now trading above $0.44 and the 55 simple moving average (4 hours). There was a break above a key contracting triangle with resistance near $0.430 on the 4-hour chart of the XRP/USD pair (data source from...

Ripple announced the acquisition of Swiss-based crypto custody provider Metaco, marking the blockchain firm’s expansion across the growing institutional crypto custody market. The deal, worth $250 million, surfaces as Ripple continues to defend against the long-drawn lawsuit from the US Securities and Exchange Commission. Ripple Acquires Metaco Ripple is expected to ramp up its enterprise offerings providing customers the technology to custody, issue, and settle any type of...

The CBDC Private Ledger, according to Ripple, will handle tens of thousands of transactions per second. Popular blockchain payments firm Ripple Labs Inc is set to launch its own Central Bank Digital Currency (CBDC) platform, which will allow central banks, governments, and financial institutions to issue digital currencies. The news comes shortly after Ripple and the Central Bank of Montenegro agreed to collaborate on the development of a pilot project for a national digital currency....