Ripple and XRP were directly mentioned at a United States Congressional Hearing that was held on Thursday 30, January 2020. The hearing, which was titled ‘Is Cash Still King?’, was set by U.S. lawmakers to decide the fate of cash with relation to the rise of XRP and other cryptocurrencies.During the hearing, Congress directly mentioned blockchain firm Ripple and the efforts it has made with the adoption of XRP. So, someone eventually got it to spot on by recognizing that there is a popular...
Read More »XRP is a Scam, Claims Bitcoin Bull Ben Askren
As cryptocurrencies have grown, and people started to invest (and earn) bigger amounts of money, of course, that the regulators saw their chance to take something for themselves. By saying ‘something’ – it is usually meant of tax. One of the biggest regulatory arguments in the cryptocurrency space is concerning the legal status of digital assets. The regulators always want to describe every digital asset as a security or a commodity because then, they could tax it.However, XRP is one of the...
Read More »XRP Price Could Reach $14 Breaking Out from Two-Year Bear Market
XRP, that is widely used by Ripple Labs in its advanced solutions, is on the verge of breaking out from the downtrend resistance that got it hooked at low prices for more than two full years of the bear market.The crypto world has been dominated by headlines of the imminent rise of the XRP within the last couple of hours. People are anticipating a breakout from the asset that could produce a huge shock to the crypto market with fast and massive gains that could raise the XRP price to as high...
Read More »Ripple’s IPO May Ruin XRP Price, Experts Warn
Off lately, the San Francisco-based blockchain startup Ripple has been frequent in news. Ripple CEO Brad Gralinghouse has been much vocal about his company’s plans for 2020 and ahead.During the last week’s World Economic Forum 2020, the U.S. Treasury Secretary Steven Mnuchin expressed confidence in the development of new cross-border payment systems. Post Mnuchin’s statement, Ripple CEO Brad Garlinghouse also said that this could turn positive in favor of the company.Ripple has been actively...
Read More »Ripple Is Getting Ready to Launch Xumm Banking Application
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...
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