Japanese licensed cryptocurrency exchange Bitpoint has become a new victim of hackers and lost $32 million in crypto assets in the recent attack.
When the demand level of $0.39 holds XRP price, it will bounce and move towards the previous high. Further increase in the Bears pressure may place the price at $0.35 in case the $0.39 level does not hold.
Singapore-based crypto exchange Bitrue announced having been hacked. As a result of the hacker attack, the company lost $5 million in XRP and ADA.
Further increase in the XRP price is highly envisaged should the Bulls gain more pressure and break up the $0.50 level. In case the supply level of $0.50 hold XRP price may continue the sideways movement.
SendFriend incorporates Ripple’s xRapid software to enable Filipinos in the US to cut costs while sending money back to the Philippines in seconds instead of days.
Ripple’s Garlinghouse told Fortune’s Brainstorm Finance conference that the entry of Facebook’s Libra into the crypto scene does not worry him since it is a boon for the general crypto market, and XRP in particular.
Western Union CEO is sure: digital currencies and the blockchain have great potential of acting as a processing system for payments, however, he claims that sending money with Ripple is 5-times more expensive than Western Union.
PricewaterhouseCoopers has announced the launch of a new tool for auditing cryptocurrency transaction data. The tool is a part of its Halo data auditing suite.
XRP price is on the rise of 1.74% and is above the key $0.4250 support area. The price is currently facing a strong resistance near $0.4400 and $0.4420 levels, but a popular trader is sure: XRP will rise 50x in its next bull run.
There is a tendency for XRP price to increase towards $0.49 supply level provided the Bulls gain enough momentum to break up the $0.46 supply level. In case the Bears continue to defend the $0.46 level consolidation may continue.
Should the Bulls defend the demand level of $0.42, they may resume and continue the bullish trend. In case the level does not hold and the Bears’ strength is able to break down the level, then, XRP price may reach $0.39 level.
MoneyGram announced that they’ve agreed to a deal with blockchain company Ripple that involves an investment of up to $50 million. MoneyGram will use Ripple’s XRP technology to handle cross-border transfers of digital funds for at least two years under the deal.
COR Index published its latest monthly report of key crypto exchange data. The report is based on figures gathered from over 150 cryptos and the top crypto exchanges.
XRP is already exposed to $0.42 level; further increase in the Bulls’ momentum may push XRP price to reach the target of $0.46. If the Bears manage to break down the demand level of $0.39, XRP price may descend to the previous low of $0.35.
Ripple along with its partners are changing lives in the South Eastern Asian Nations. Some call it the best testing grounds for blockchain and cryptos, since a lot of people are working abroad and using remittance networks to support their loved ones.