Key Highlights Ripple price rallied sharply and broke the $0.4000 and $0.4600 resistances against the US dollar. There was a break above a key contracting triangle with resistance at $0.3350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently consolidating gains above the $0.4400 and $0.4200 support levels…
56 minutes. That’s the time it took for XRP price to surge 20 percent inevitably causing a frenzy. Though there has been particular news about a Coinbase listing for example, historically, rumors of Coinbase listings trigger swings. Decisive conclusions from the US Securities and Exchange Commission (SEC) or a confirmed launch of xRapid also played…
Ripple’s settlement system that uses a combination of blockchain and cryptocurrency technologies may be going live within the next month or so, according to a statement from a company executive. The product, which utilizes XRP to complete real-time cross border settlements, has already struck some high-profile partnerships, and many investors see it as the main…
The payments network Ripple could be about to pick up a large share of the Japanese currency transfer market. The firm is looking to launch the MoneyTap application with support from the SBI Ripple Asia Japanese Bank Consortium later this year. MoneyTap App Looks to Reduce Fees Associated with Traditional Money Transfer Services Although the…