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Tag Archives: XRP

Ripple CTO David Schwartz Reveals Reasons Why Ripple Needs to Keep Selling XRP

One of the most “unpopular battles” in the crypto universe is definitely one of Ripple. The efforts of the company to prove that XRP isn’t a security became a prolonged battle.This exact battle could hold the key to XRP’s future and it has been held forth again. Be it as it may, there has been a lawsuit that may present Ripple as an issuer and the seller of the coin. Do not forget, XRP is one of the largest by market cap. At the time of writing the market cap of the coin was $10,33 billion...

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Swiss Franc May Be Used as Proxy for Gold, Says Goldman Sachs

Ever since the geopolitical tensions in the Middle East where top Iranian military commander Qassem Soleimani died, the incident is the main explainer for why gold reached six-year highs. Now when in the recent days the Swiss Franc is surging, Goldman Sachs Co-Head of Global Foreign Exchange Zach Pandl believes it could be because it may be being used as a proxy for gold. He says that CHF follows gold in terms of price swings. Pandl said that on Monday morning it was trading around...

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Davos 2020 Will Have Impressive List of Speakers, Ripple CEO May Also Join

Tomorrow, the business leaders and politicians from the globe are meeting at another session of the World Economic Forum (WEF), in Davos, Switzerland.This is the 50th anniversary of the event with a theme: “Stakeholders for a Cohesive and Sustainable World.” The annual economic gathering will run from January 21 until January 24.United Kindom Prime Minister Boris Johnson will not attend the World Economic Forum in Davos, Switzerland, Downing Street said on Monday. Johnson asserted that his...

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Ripple Makes Big Bet on Asia-Pacific Remittance Market in 2020

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...

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BitPay Expands XRP Support: Users Can Buy Even Amazon Gift Cards with XRP

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...

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FinNexus Plans to Build Tokenized Asset Platform on XRP Ledger

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...

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Ripple Price Analysis: XRP Remains Supported Despite Recent Pullback

Ripple price started a major downside correction from close to $0.2550 resistance against the US dollar.The price declined below $0.2400, but it is still trading nicely above the $0.2260 support area.There is a key bullish trend line with support near $0.2265 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to bounce back above $0.2400 unless it breaks the $0.2200 support area.Ripple price is correcting gains from the $0.2540 high against the US Dollar....

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Tesla Stock May Reach $6,000 to Let Company Join $1 Trillion Club

Researchers claim Tesla car company will be gaining in the market weight as well as in the electric car sphere. The FANG or FAANG list may change the name to FAAMGT because Microsoft and Tesla are the two big corporations in a hurry to achieve perfection. The corporations in that list are considered by many as the saviors of the American economy.Analysts from Ark Investment Say Tesla to Go BullishCatherine Wood is a professional with a vision who claims that Tesla stock can easily reach the...

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Will XRP Price Be Able to Hit $692 in 2020?

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...

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Ripple Is One of the Best Workplaces According to Fortune

Fortune loves to make different kinds of lists for any kind of topic, but this list is a rather interesting statistic. From all the business industries in San Francisco, Fortune listed 35 best workplaces in the Bay Area and Ripple is one of them. Excited to be recognized as one of @FortuneMagazine’s #BestWorkplaces in the Bay Area 2020! https://t.co/ope8KXIRDc— Ripple (@Ripple) January 16, 2020Most of the 35 companies included in the Best workplace list are Information technology companies...

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