Category Archives: XRP

Ripple Executive Says the Company is Eyeing an Expansion into China

A Ripple executive has said that the distributed payments service provider is looking to expand their operations in China. However, it seems unlikely that such a move would translate into greater usage of the platform’s digital currency, XRP. Banks Love Ripple but Have Little Interest in XRP The vice president of Ripple’s strategic accounts in Europe, Jeremy Light, stated that

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Cryptocurrency Market Update: Altcoins Bounce From The Bottom

FOMO Moments Markets are bouncing from the bottom, XRP, Litecoin, Tezos and Tron recovering from major losses. After five days of heavy losses resulting in $40 billion being dumped out of crypto markets a bounce has finally occurred. The boards are all green this morning as cryptocurrencies rebound from the yearly bottom a couple of days ago. Market capitalization has

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Ripple Price Analysis: XRP/USD Attempting Upside Break above $0.3000

Key Highlights Ripple price recovered nicely and moved above the $0.2750 resistance area against the US dollar. This week’s crucial bearish trend line is preventing gains with resistance near the $0.2900 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may perhaps break the $0.2900-0.3000 resistance area for more gains in the near term.

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Judge Denies Effort to Move XRP Investor Lawsuit to Lower Court

Judge Denies Effort to Move XRP Investor Lawsuit to Lower Court A U.S. district judge has denied an investor’s effort to move a lawsuit against payments firm Ripple to a lower court. Judge Phyllis Hamilton of the Northern District of California denied Ryan Coffey’s motion to remandhis suit against Ripple Labs and affiliated entities back to the Superior Court… The post Judge Denies Effort

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XRP Technical Analysis: Ripple and XRP Ace-ing The Near Impossible

XRP Technical Analysis: Ripple and XRP Ace-ing The Near Impossible   Ripple the company and XRP the native coin within the RTXP protocol is having it rough from both planes—fundamentally and technically. Week over week, it is down 40 percent and shedding more than 85 percent from Dec 2017 peaks. If it continues this way—and… The post XRP Technical Analysis:

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XRP added on PLAAK and Cryptopay, price continues to decline

XRP is moving forward in terms of support from exchanges. The cryptocurrency was recently announced to be listed on cryptocurrency exchange PLAAK, and support for use in Cryptopay, a wallet and cryptocurrency card provider. PLAAK is an online platform that provides blockchain related services. These include services such as trading cryptocurrencies, finding freelance jobs, and accessing private health insurance and

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Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse

It’s been a terribly rough two weeks for altcoins, and the situation doesn’t appear to be getting any better. Nobody’s price is safe, including Ethereum (ETH), ADA, XRP, XLM, and BNB. Ethereum (ETH) Daily Chart ETH00 remains in a tough spot, and so far there is no silver lining as ETH price is now now at at a 9-month low

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California court rebuffs motion to remand against Ripple

A district court in the United States has junked a motion seeking to remand against Ripple Labs and its subsidiary XRP II. The lawsuit also named Ripple’s CEO, Brad Garlinghouse, as a defendant, but everything has fallen by the wayside following a ruling by the U.S. District Court of the Northern District of California last week. At present, the Ripple

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Ripple has less than 48% of validators on default UNL

The XRP Ledger’s “psychological decentralization barrier” has finally been broken. Ripple now runs less than 50% of the validator nodes on the default Unique Node List [UNL] on the XRP Ledger. This, along with the removal of the ability to unilaterally pass decisions, now makes the XRP Ledger decentralized. The UNL is a feature on the XRP Ledger that allows

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Ripple Price Analysis: XRP/USD Nosedives, Recoveries Remain Limited

Key Highlights Ripple price fell significantly and broke the $0.2800 and $0.2600 supports against the US dollar. Yesterday’s highlighted important bearish trend line is intact with resistance near the $0.2950 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting higher, but it could face sellers near $0.2700 and $0.2800. Ripple price

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