
Tether Displaces XRP as Number Three Cryptocurrency with $10 Billion Market Cap
Just in March, Tether (USDT) had a market cap of $5 billion, today it has already reached a $10 billion mark.
Just in March, Tether (USDT) had a market cap of $5 billion, today it has already reached a $10 billion mark.
Though XRP and Stellar (XLM) were created for very similar purposes, today their price tendencies differ significantly.
Blackjack pro Steve Wynn predicts that the XRP design and increased adoption will push the coin’s price to $10,000, though some analysts make bearish comments.
The cryptocurrency market volatility never went up as a lot of assets are still “stuck” within their respective sideways channel.
Uquid Digital said that XRP integration has encouraged more customers to confidently opt for international transactions. The recently launched online digital marketplace praised the XRP infrastructure for its instant transactions and scalability features.
Marcus Treacher says that Ripple is working hard to expand its On Demand Liquidity (ODL) platform to offer more corridors this year. XRP price is up.
Little by little but cryptocurrencies started breaking their respective Triangle patterns.
Currently, Bitcoin is trading at $9,107.86. The prognosis by Crypto Research Report implies a price increase of more than 3,500% for BTC by 2030.
Currently rocked by another price fall, Ripple’s XRP is tipped to lead amidst growing partnerships with the key financial institutions.
Japan-based financial services firm SBI Holdings launches a cryptocurrency fund with major domiciliation of 50% in XRP.
Ripple is moving its wheels faster than the prior years in increasing XRP adoption and also onboarding more customers on its ODL services and the Asian market will be one of the priorities for the company in the nearest future.
Bitcoin has successfully managed to flip its popularity among Japanese investors over the last two years and dethroning XRP by a large margin. Bitcoin now leads a 51.36% market share in Japan against XRP with 27.54%.
As part of its expansion of global customer-base, Ripple Labs has added five new clients to its RippleNet Cloud solutions which give banks and financial institutions a possibility to offer payment services using the RippleNet network.
Chris Giancarlo, who as a CFTC chairman decreed that both Bitcoin and Ether were not securities, has argued the same for XRP.
Condé Nast enables monetization for all its websites with XRP-supported platform Coil in a limited test of the service. Meanwhile, Ripple Labs is listed as number 28 on CNBC’s Disruptor 50.