XRP price has risen by around 8% within the last 24 hours. 211 million XRP has been recently transferred between several wallets with some anonymous and others identified to be owned by corporate investors.
Anchorage, Ripple XRP and big money story: per the official announce, custodian will support XRP. They have the XRP Ledgers set up and ready. The support sees light since April 2, 2020.
Ripple CEO Brad Garlinghouse will have to defend his position as a legitimate XRP seller. Per Bradley Sostack, a former XRP investor and the lead plaintiff in the case against Brad, Garlinghouse used unlawful techniques to sell XRP.
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.
Santander’s Ripple-powered payments solution, which is set to launch in Mexico, will enhance transparency in operations, improve speed in sending and receiving payment.
Bitcoin price was at about $6,500 yesterday, having the steam for a rise from $5,800. The equity markets are under pressure, while cryptocurrency shows strength.
Ripple’s XRP is not suitable for Mexican remittances, but it might be a good solution in the African market where Intermex has recently expanded.
In 2019, MoneyGram has received $11.3 million worth of XRP, $8.9 million in the fourth quarter only. In 2020, this number seems to be increased.
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.
Cryptocurrency prices fell sharply yesterday. This is one of the worst days in the history of the cryptocurrency markets. There seems to be hope and a few opportunities as well.
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.