MoneyTap has officially launched its website which is a major step forward connecting several Japanese banks via Ripple solutions.
After engaging in almost one-year of legal battle, the two companies decided to end it in an undisclosed agreement.
Despite showing some good results this year, the 3rd largest cryptocurrency by market cap has recently dropped down to its lowest price of 2018.
The price of XRP, the world’s third-largest cryptocurrency by market cap, fell to a new 2018 low, together with Litecoin price. Despite adverse movements, XRP is supported by investors being accepted as a payment method by Bitcoin Superstore.
In comparison to the overall crypto market fall, Ripple considers this to be its best performance in Q2 so far. The company also boasts on adding new customers to the XRP ecosystem.
While the countries are actively working on developing crypto regulations, XRP has faced its third class-action lawsuit for securities fraud.
Ripple is still trading in a descending channel on Thu, June 28. Today, it lost 2.4% and costs $0.4598.
Top cryptocurrencies including Bitcoin, Ethereum, Ripple have entered an upward trend. BitLicense obtained by Square and SEC remarks are among the reasons.
Garlinghouse opens up about his view on Bitcoin along with the long-term impact of Ripple’s technology to drive the mass adoption of cryptocurrencies in the future.
Brad Garlinghouse, CEO of Ripple, that Bitcoin will not be a global currency and expects major banks to use XRP as a liquidity tool.