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.
The American delegate from Minnesota Tom Emmer hosted the first “Cryptocurrency Town Hall” where he said Ripple’s XRP is not a security urging lawmakers to make policies that support growth in the blockchain and cryptocurrency sectors.
Revised data from Messari and Coin Metrics shows that USDT has once again displaced XRP as the third-largest crypto by market cap. USDT growth shows the increasing role of stablecoins in the industry.
Ripple executive explained that XRP is not a rival to stablecoins and CBDCs in international settlements.
Garlinghouse said that Ripple’s XRP solves the $10 trillion cross-border problems. He confirmed that the company’s strategy is still on course.
XRP stopped falling. On Friday afternoon, the asset is consolidating at $0.2942 USD.
Ripple is keeping its longstanding dream of becoming the Amazon of the cryptocurrency world in 5 years to come. The firm is positive it will achieve this thanks to its unique products which can find uses in both government and privately-owned companies.
A long-expected growth of volatility finally came and a lot of cryptoassets left their respective sideways channels.
XRP price is up 7% at the time of writing. The coin’s price seems to be benefiting both due to FOMO action and RippleNet performance.
Following a year-long partnership with Ripple, MoneyGram International Inc (NASDAQ: MGI) in its Q2 2020 report revealed that it got $15.1 million from the blockchain news.