Ripple’s Xpring initiative XRPL Labs is getting ready to launch its Xumm banking application. The app will allow users to store fiat and digital currencies in the wallet account, without any intervention from banks. In other words, Xumm offers banking services without banks getting involved.Xumm banking application is powered XRP, the token that is widely used in Ripple’s solutions. Notably, it will be available for all kinds of users. Easy to use, the app requires no special knowledge with...
Read More »XRP Bärenmarkt vorausgesagt
Boom Bust sieht eine deutliche Preiskorrektur für den XRP kommen. Ultimativ sieht die Sendung Ripple’s Cryptocoin sogar als vollkommen wertlos an. Das Unternehmen hinter XRP habe seinen Cryptocoin nur kreiert, um das Unternehmen selbst zu finanzieren.Crypto News: XRP Bärenmarkt vorausgesagtHauptkritikpunkt ist die Finanzierungsstrategie von Ripple. XRP im Wert von über 1,22 Milliarden US-Dollar wurden von Ripple bereits verkauft, um das Unternehmen selbst zu finanzieren. Die Investoren...
Read More »XRP Could Fall to Zero or It Could Be Worth Million Dollars, Says Economist Jeffrey Tucker
Experienced economist Jeffrey Tucker says Ripple’s XRP might decline to absolute zero in the near future, or even rise, in the most improbable of circumstances, to a price of one million dollars.XRP has continued its steady decline since the close of last year and shows little sign of shaking off resistance levels. The third biggest cryptocurrency has seen its bearish trend not abating, and previous predictions of the XRP price to reach $0.47 or higher before March are beginning to seem...
Read More »Ripple Describes Future of Payments for 2020, XRP Poised to Benefit
Ripple has said that blockchain technology and other fintech solutions will usher in the future of payments in 2020. In an official publication posted on Thursday, the company explains what the future of payments will look like. The publication also details events that are likely to unfold this year and how new technology will lead the way.In the Future Payments Will Be Faster and SmallerRipple is stressing that as time goes on, financial institutions and payment companies will have to...
Read More »Ripple Price Analysis: XRP Remains In Uptrend And $0.25 Seems Imminent
Ripple price found support near the $0.2140 area and recently recovered nicely against the US dollar.The price seems to back in a positive zone above the $0.2200 resistance area.There was a break above a major bearish trend line with resistance near $0.2230 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue higher towards the $0.2440 and $0.2500 resistance levels in the near term.Ripple price is showing positive signs above $0.2200 against the...
Read More »Ripple Announces Massive Global Expansion for Its XRP Payments Network in 2020
Ripple, the company that actively uses the world’s third-largest cryptocurrency XRP in its solutions, is having big plans ahead this year in 2020. In the latest development, Ripple said that it plans to launch its XRP-based cross-border payments systems to global markets.In the newly released XRP Market Report, Ripple said that plans to bring XRP-based international payments to companies and individuals alike. Furthermore, the blockchain startup explained that XRP provides real-time gross...
Read More »Ripple and Coinbase Executives to Head Up New Market Integrity Working Group
The Blockchain Association which represents some of the biggest names in the cryptocurrency industry announced the launch of a new Market Integrity Working Group. The group is tasked with the responsibility of ensuring fairness, equity and accountability in the crypto space. It will be co-chaired by senior executives of both the well-known blockchain firm Ripple and the Coinbase crypto exchange.The new group will be headed by Rachel Nelson, the senior director and associate general at...
Read More »Ripple Secures Highest Funding in Blockchain Industry in 2019, Overall Funding Down
Ripple Labs, the San Francisco-based blockchain startup, secured the highest funding in comparison to other peer blockchain companies in 2019. The latest report from CB Insights shows that Ripple raised $200 million in the Series C round last year.Among the companies that follow Ripple on the list are Figure Technologies, Digital Asset and PeerNova. However, the gap between the first and second positions is significant. However, even Ripple’s $200 million is a very small amount in comparison...
Read More »Ripple’s XRP Swaps to Be Added by BitMEX, Two Derivatives to Be Delisted
The cryptocurrency derivatives market is on heat, with the BitMEX release of the XRP-USD quanto swap tool. The so-called ‘quanto-swap’ represents the derivative with an interest rate taken from the difference between different currencies. During the swap, one person is paying another interest. It is derived from the difference between the foreign and local assets, or between two ‘shitcoins’ (in the Bitcoin maximalist lingo, all the coins are ‘shitcoins’, while we just try to keep the...
Read More »Ripple’s XRP Sales Declined by 80% in Q4 2019, Will It Affect XRP Price?
Prominent blockchain payments firm Ripple has published its latest quarterly XRP Markets Report for the previous quarter (Q4 2019) and there have been some significant changes in the figures. Ripple, who boasts of introducing such solutions as ODL (XRapid), Xpring, RippleNet among others, is known for publishing regular updates and views on the company’s stance on the XRP market in order to ensure transparency on the progress of the platforms as well as inform its stakeholders.According to...
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