Ripple Price Key Highlights Ripple is breaking above the descending trend line that’s been holding since the start of the month to signal a reversal. Price is still retesting the broken resistance, and there may be a chance that this could be a fake out. Technical indicators are also suggesting that the selloff could still…
Blockchain and cryptocurrency, although long posing a promising digital solution to many of the issues associated with archaic monetary and digital systems, may soon be growing out of its “Lambo” and “Crypto Bro Club” phase as the technologies see greater mainstream adoption rates. The recent blockchain week in San Francisco points to the fact that…
A new survey conducted by Fundstrat Global Advisors has found that 72% of institutional investors believed that cryptocurrency prices would rise in the case of a global recession. This is mainly due to the belief that non-governmental and retail market-related investments would be seen as a safe haven due to their distance from traditional markets.…
When it comes to polarizing issues in the crypto industry, there isn’t a topic as inflammatory as the debate between XRP proponents and Bitcoin maximalists or more broadly, centralization versus decentralization. In fact, this debate has been dubbed a “religious war” by some, as despite crypto’s underlying goal to unite communities, this argument has strained in-industry…
Key Highlights Ripple price traded towards the $0.5020 support during yesterday’s decline against the US dollar. There is a crucial bearish trend line formed with resistance at $0.5550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting higher, but buyers are likely to struggle near $0.5520 and…
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…