The second and the final day of Ripple’s Swell conference maintained the excitement of the previous day. The San Francisco event, which on the first day saw former US President Bill Clinton taking the stage to speak about crypto revolution, and the launch of Ripple’s much-awaited xRipple cross-border payment service, shifted its focus to blockchain…
The first day of the Ripple’s two-day blockchain conference saw some significant updates. As predicted, the San Francisco event turned out to be the launchpad of Ripple’s cross-border payment system, xRapid. CEO Brad Garlinghouse took the stage to announce that xRapid will go live for the first time with three mainstream financial institutions. Payment providers Mercury…
Markets immobile at the moment; Nem making moves, XRP and Tezos falling back. There has been little movement on crypto markets over the past 24 hours. Total capitalization has dropped a little and red is seeping into the crypto charts. The majority of altcoins have declined a little over night but one or two are…
Key Highlights Ripple price gained traction and traded above the $0.6000 resistance against the US dollar. There is a key bullish trend line in place with support at $0.5555 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct lower, but dips towards $0.5500 and $0.5400 remains supported. Ripple…
SBI Holdings, a Japanese company with major banking subsidiaries including SBI Securities, SBI FXTRADE, and SBI Virtual Currencies, has received the green light from Japanese regulatory authorities to move forward with their partnership with US-based Ripple in order to launch a new joint venture called SBI Ripple Asia. The newly approved venture has been in…
Markets still falling back; XRP up but Ethereum still in pain. Crypto markets are still bearish today following yesterday’s 15 billion dollar dump. What seemed to be signs of another small rally ended a few hours ago when markets turned south once again. They are currently below $210 billion total market capitalization. Bitcoin has declined…
Key Highlights Ripple price is under a lot of pressure below the $0.5000 level against the US dollar. Yesterday’s highlighted important bearish trend line is intact with resistance at $0.5500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to decline towards the $0.4300 and $0.4200 levels in…
While the cryptocurrency markets are sitting well off their year-to-date lows, and Bitcoin is showing increasing stability with major support at $6,000, a Cboe options expert is now claiming that the markets may have yet to hit rock bottom, based on how this rally ultimately ends. As market sentiment is near its all-time low, the…
Key Highlights Ripple price surged higher and settled above the 0.5000 resistance against the US dollar. There is a short-term connecting bearish trend line in place with resistance at 0.6000 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may break the $0.6000 level in the near term to test…
There is something of a battle for second place in cryptocurrency markets going on right now. The number two and three spots, Ether and Ripple respectively (at the time of writing, at least) have swapped positions twice already today with both showing exceptional strength on a day that is uncharacteristically green considering trends so far…