Ripple is breaking all sorts of traditional financial trends. In recent news, Mercury FX has made their most substantial payment from the UK to Mexico using XRP. The amount was valued at £3,521.67 which in US dollar terms is equal to around $4552.
Brad Garlinghouse, the CEO of Ripple, declines any possibility of Ripple’s and XRP’s hostile takeover. The rumors can be officially considered refuted.
London-based Euro Exim Bank will become the first financial institution to fully integrate the XRP-powered xRapid in the first quarter of this year.
The breakdown of $0.31 demand level by the bearish momentum may push XRP to its previous low of $0.28 that is if the supply level of $0.33 holds.
The former SEC attorney will help Tron build effective interaction with financial authorities as its first head of compliance.
XRP reaches Australia with FlashFX launching a new Ripple-based exchange in a move that increases the rate of mainstream adoption of cryptocurrencies in the country.
It will take radical bullish momentum for the XRP price to break out of the $0.38 supply level and rally towards toward $0.43 price level. Should the bears defend the supply level of $0.38, XRP price will decline and may find support at $0.28 demand level.
London-based Euro Exim Bank will become the first bank to publicly announce using the XRP cryptocurrency for cross-border payments. Meanwhile, RippleNet managed to achieve next milestone scoring 200 consumers worldwide.
The list of world’s most valuable companies has been rearranged as the retail giant Amazon firmly overcame Microsoft in a race for industry dominance.
On the long-term outlook, the breakout at the upper range level of $0.38 will give an opportunity to XRP traders to go long.
As we bid adieu to 2018, here’s a look into the existing status of the crypto market which is currently consolidating around $130 billion of market cap.
National Bank of Kuwait has joined Ripple’s blockchain-based payments network seeking faster cross-border money transfers. The bank announced the launched of the new remittance service, that enables “immediate” payments using Ripple tech.
Visa is going to buy Earthport, the British payment firm that is one of Ripple’s partners. Now there is a question whether Visa and Ripple will become partners.
On December 13th eToro announced in a blog post that the company will introduce XRP support to their wallets come December 25th. On Christmas day, eToro announced that their wallet now supports XRP.
After retest XRP price may resume its uptrend movement which may face $0.50 supply level after $0.43 price level is broken.