Tuesday’s rally did not last long. Early on Wednesday, U.S. stock futures, including Dow, fell sharply. Tech stocks have also suffered.After the coronavirus outbreak, the market has become as volatile as never before. Yesterday, it rebounded after the crash on Monday, but it was not out of the woods yet. Today, U.S. stock futures dropped sharply, suggesting more volatility when trading began Wednesday, following two roller-coaster days on Wall Street. Dow Futures slide 700 points, rolling...
Read More »Ripple’s XRP Major Supporter Tiffany Hayden Sells All of Her XRP Holdings
Tiffany Hayden is known as a major XRP supporter but she has sold off all her XRP holdings, citing bullying in the larger XRP community.The self-proclaimed Ripple‘s XRP CEO Tiffany Hayden has ditched her position on grounds of being bullied by the XRP community. In a series of tweets, she explained her experience ever since she began complaining about some flaws with the system, where the XRP community was harsh on her.According to the tweets, Hayden, who was considered a major supporter of...
Read More »Ethereum (ETH) Price Crumbles Severely Despite $39 Million Fatburger Deal
Despite the many investments and acquisitions taking place in the Ethereum space, the ETH token followed Bitcoin’s lead into losing more than 10% of its value between March 7 and March 8.Over the weekend, the crypto markets suffered colossal losses that left many of the top tokens losing over 10% of their value. Bitcoin led this massive meltdown with nearly $30 billion erased from the crypto markets. On its part, Bitcoin lost almost 18% over the past two days resulting in a dismal performance...
Read More »Ripple’s XRP Price Down Nearly 10% After Bitcoin and Oil Prices Fell
Ripple’s XRP market price dipped down nearly 10% over the weekend after Bitcoin and Oil prices nose-dived as a result of the global coronavirus outbreak.Ripple’s XRP market price dipped down nearly 10% over the weekend after Bitcoin and Oil prices led in the fall. XRP ranked third based on market capitalization, fell sharply on Sunday 8th to trade around $0.21 per coin. Bitcoin fell sharply to trade below $8,000 price level after hitting $9,190 on Saturday evening.The crypto market was not...
Read More »Bitcoin Price Declined By 10% Dragging the Whole Crypto Market Down
Bitcoin and other cryptos’ prices dropped soon after a plunge in oil prices. Besides, Bitcoin lost its positions as a result of a crypto scam committed by PlusToken.Today, the beginning of the trading session has become the worst this year. After a massive sell-off on Sunday, markets have not managed to recover. As a result, cryptocurrencies have suffered significant drops. Bitcoin price declined by 9.32% in 24 hours, Ethereum lost 10.48%, Litecoin dropped by 14.41%, XRP is 9.95% down. This...
Read More »Ripple Price Analysis: Can $0.20 Support Hold The Current Drop?
Ripple price declined heavily below the key $0.2240 support area against the US dollar.The price is down more than 10% and it is now trading near the $0.2000 support area.There was a break below a major ascending channel with support near $0.2350 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains at a risk of more losses if it fails to stay above the $0.2000 support area.Ripple price is now back in a bearish zone below $0.2200 against the US Dollar. XRP price...
Read More »Ripple’s Partner MoneyGram Joins Forces with Google Cloud and Amazon Web Services
Ripple’s partner Moneygram will work with Google Cloud and Amazon Web Services to enhance its opportunities and increase customer satisfaction.MoneyGram is working with new partners. These partners are Google and Amazon. They will reportedly use their services to make MoneyGram’s services better. Amazon’s cloud services (AWS) will make transactions faster. Google Cloud will help study customer behavior. The cost of transferring money is now cheaper due to the increase in digital services....
Read More »Ripple and Bitso Offer Friction-Free Exchange across Latin America
The partnership between Ripple and Bitso is proving fruitful as millions of Latin Americans can use the service to send cross-border payments and enjoy cheap, fast and efficient transactions.Through a post on the official website, Ripple detailed the benefits and growth of the partnership with Bitso, the largest exchange in Latin America. Thanks to Ripple, since 2018, Bitso has grown to be recognized as the largest money exchange in Latin America.Bitso Head of Finance Barbara Gonzalez Briseno...
Read More »Ripple’s XRP Approaches Major Inflection Point as India Reverses Its Crypto Ban
All technical indicators convinced commentators that Ripple’s XRP has taken on a bullish path after the Supreme Court of India reversed a bitcoin ban imposed by Reserve Bank of the country.Currently, Ripple‘s XRP is following a bullish path that has formed above the $0.2320 support zone. It attempted to break the $0.2380 resistance level, but it failed. For now, the XRP price has corrected lower below the $0.2350 handle and the 100-hourly simple moving average (SMA). A low has now formed near...
Read More »XRP Price Up 25% in 2020 but Stopped at $0.23 as Ripple Moves over 70 Million XRP
The price of XRP has been impressive this year. However, some fear is setting in as large transactions are recorded on the XRP Ledger.Members of the XRP and Ripple community are optimistic that 2020 will be a much better year for the asset than 2019 was. Last year, XRP did not sail very smoothly and compared to other assets atop the list of the market’s largest players, it was disappointing. However, if the first two months of the year are significantly considered, XRP might have an...
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