With several positive news about Ripple this week, the cryptocurrency has gained over 88% over the last one week.
Ripple (XRP), ranked third largest crypto, has skyrocketed, gaining 45% this week. Its 24-hour appreciation makes XPR the best performer out of the world’s 50 largest cryptocurrencies by market capitalization.
xCurrent developed by Ripple will be used by PNC Treasury Management to speed up processing of cross-border transactions.
XRP is reporting double-digit gains. In the last 24 hours, the world’s third-largest cryptocurrency by market capitalization has appreciated by 23 percent, which is probably due to expectation of Ripple’s new xRapid product.
On Thu Sep 13, XRP is growing moderately, trading at 0.2712. The recovery continues after a long-term descending trend, says Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
MoneyTap has officially launched its website which is a major step forward connecting several Japanese banks via Ripple solutions.
After engaging in almost one-year of legal battle, the two companies decided to end it in an undisclosed agreement.
The UK-headquartered blockchain startup TransferGo has been rolling out a seamless remittance corridor bridging Europe with India.
Brad Garlinghouse, the CEO of Ripple, rejects the possibility of cryptocurrency replacing fiat money, but sees its future in cross-border payments.
Though currently Bitcoin price doesn’t please investors, the forecast published by the advisory firm Satis Group is quite optimistic.