On Friday, September 11th, XRP keeps trying to escape a narrow sideways channel but the attempts are not quite successful. The cryptocurrency is generally trading at $0.2413 USD.
Clear regulations together with the existing advantages of using XRP to send money from one point to another make the project be in a better position to take the crypto industry through the next mile.
After lengthy falling, on Friday, September 4th, XRP price started to restore but now the coin is trading near $0.2500 USD.
According to the blockchain transaction details, Ripple moved 1 billion of XRP in three portions. One consisting of 200 million, another consisting of 300 million, and the third one of 500 million.
The sell-offs appear to be prompted by the pushback Bitcoin (BTC) is experiencing at the $12,000 price mark.
SBI FX Trade will become the first forex exchange firm in Japan to support CFD trading for cryptos, including BTC, ETH and XRP.
On Friday, August 28th, the XRP has stopped falling, trading at $0.2654 USD. August promised to be especially successful for the coin but by the end of the month the XRP has lost all that it gained.
Ripple is facing a lawsuit from New Payments Platform Australia (NPPA). It is believed that the suit alleges intellectual property infringement concerning the branding of Ripple’s PayID payment standard.
XRPL Labs founder Wietse Wind has developed a new tool for the XRPToolkit that allows XRP holders of non-custodial wallets to receive their Spark tokens.
Ripple CEO says that Flare combines the best technological features of Ethereum and Avalance and serves as a smart contract platform for XRP.
Ripple token or XRP is an independent digital asset, native to the Ripple Consensus Ledger. Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native currency (XRP).
Released in 2012, Ripple purports to enable “secure, instant and nearly free global financial transactions of any size with no chargebacks.” It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.