|Day's range||0.167 - 0.171|
|52-week range||0.1364 - 0.3967|
|Volume (24 hrs)||1.25B|
|Volume (24 hrs) all currencies||1.25B|
It’s a bearish start to the day for the majors. Failure to move through to key levels would bring support levels back into play.
Ripple CEO Brad Garlinghouse has told World Economic Forum (WEF) delegates in Davos, Switzerland that an initial public offering (IPO) may be on the cards for Ripple soon. IPOs are events where stocks in a company are generated and sold publicly for the very first time. Recent high-profile IPOs have included Beyond Meat, Uber, and Lyft. According to Asheesh Birla, SVP of Ripple, Garlinghouse shared with the audience: “In the next 12 months, you’ll see IPOs in the crypto/blockchain space. We’re not going to be the first… but I expect us to be on the leading side. It’s a natural evolution for our company.” The initial coin offering (ICO) craze was, to some extent, originally supposed to replace the IPOThe post Brad Garlinghouse hints that Ripple may soon go public appeared first on Coin Rivet.
Brad Garlinghouse, CEO of Ripple, has indicated that the firm could go public in the next 12 months. Speaking at the World Economic Forum in Davos, Garlinghouse told the Wall Street Journal on Thursday that an initial public offering (IPO) is a “natural evolution” for the company. “In the next 12 months, you’ll see IPOs […]The post Ripple’s IPO could come within 12 months, suggests CEO appeared first on The Block.
Blockchain payments processor BitPay has added support for XRP, the world’s third-largest cryptocurrency by market capitalization. XRP has been integrated on BitPay's platform via Ripple’s open developer platform, Xpring. The two companies first partnered on the initiative in October. At the time, Sean Rolland, BitPay’s director of product, said that XRP can offer a payment […]The post BitPay adds support for XRP appeared first on The Block.
According to Fortune magazine, blockchain behemoth Ripple is one of the best places to work in the Bay Area. In a 2020 ranking of small and medium-sized companies, Ripple comes in 25th place. This is the second consecutive year that the cryptocurrency company has made the Fortune list. In 2019, Ripple was ranked in 17th place. The young company may have dropped a few points since last year, but the listing proves Ripple's doing something right. Brad Garlinghouse ‘humbled’ by the ranking Ripple CEO Brad Garlinghouse reacted to the news on Twitter, stating that he is “humbled” by the ranking and that it is all down to his “insanely talented team”. Every day I’m humbled by this insanely talented teamThe post Ripple ranked among best places to work in 2020 by Fortune appeared first on Coin Rivet.
It’s a mixed start to the day as investors lock-in gains from Tuesday. A move back through the early highs would signal another breakout.
Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert has said that it is not clear yet whether XRP is a security or a commodity. “It’s unclear. Stay tuned I’d say,” Tarbert told news outlet Cheddar on Monday, adding: "Part of the issue is that our jurisdiction we share with the SEC [Securities and Exchange Commission]. […]The post It’s ‘unclear’ whether XRP is security or commodity, says CFTC Chairman appeared first on The Block.
Ripple-backed remittance services provider MoneyGram has brought its services to India. MoneyGram has partnered with Indian money transfer firm EbixCash, a wholly-owned subsidiary of Nasdaq-listed Ebix, for expansion into the country, according to an announcement Monday. EbixCash will be MoneyGram’s “exclusive” partner in India. MoneyGram aims to serve “millions” of users in the country via […]The post Ripple partner MoneyGram expands into India appeared first on The Block.
International money remittance service MoneyGram has announced it experienced a record number of online transactions over the Christmas 2019 period. The company claimed in a press release this week that the number of transactions made through MoneyGram grew by more than 70% on a year-on-year basis between December 1 and December 25. The number of non-US transactions saw even bigger growth, rising over 120% from 2018. The majority of these transactions - over 80% - came from mobile users. MoneyGram relaunched its mobile app in 2018, with the app receiving 1.6 million downloads since its update. According to Kamila Chytil, COO of MoneyGram, the company's future focus will be mainly mobile based. Chytil shared: "Our app is enabling us to reachThe post MoneyGram reports record number of online transactions over Christmas appeared first on Coin Rivet.
Bitbox, the cryptocurrency exchange by Japanese messaging giant LINE, is delisting XRP. Announcing the news on Monday, Singapore-based Bitbox said it is also delisting XRP pairs tied against bitcoin (BTC), ether (ETH) and Tether (USDT). The delisting takes place on Jan. 16. Accordingly, users will no longer be able to trade and deposit XRP, and […]The post Messaging giant LINE’s crypto exchange Bitbox delisting XRP appeared first on The Block.
Binance Futures, the cryptocurrency exchange’s futures trading platform, has rolled out a perpetual contract for the XRP cryptocurrency. The contract, paired against Tether (USDT), offers leverage of up to 75 times, according to an announcement Monday. The XRP/USDT contract appears to be the first such contract from a notable exchange. Currently, little-known Delta and BaseFEX […]The post Binance Futures launches XRP perpetual contract, with up to 75x leverage appeared first on The Block.
Blockchain payments firm Ripple, which recently hit a valuation of $10 billion, is targeting more partnerships with Brazilian banks in the coming year. The firm’s current focus is to coordinate with banks and regulators in the country to make remittances more efficient, Luiz Antonio Sacco, managing director of South America at Ripple, told Reuters Brazil. Ripple launched operations in […]The post Ripple plans to expand partnerships with Brazilian banks in 2020 appeared first on The Block.
Cryptocurrency exchange Binance now has an option to directly add Visa debit and credit cards on its platform. The feature allows buying four cryptocurrencies - bitcoin (BTC), ether (ETH), Binance’s native token (BNB) and XRP - directly with Visa cards, according to an announcement Thursday. The exchange already supports the buying of crypto via debit […]The post Binance now allows adding Visa cards directly on its platform to buy crypto, including XRP appeared first on The Block.
It’s a bearish start to the day for the majors… Failure to move through to key levels by late morning will pressure the pack.
Ripple's XRP token is now trading at its lowest point since October 2017 following a 16% drop over the last 48 hours. The sell-off has been reflected across all major cryptocurrencies, with Bitcoin also falling to $6,600 while Ethereum continues to stutter at around $122. XRP's market cap is now shockingly below $8 billion - a stark contrast to the $142 billion high it reached in January 2018. From a technical standpoint, XRP's price chart looks extremely fragile as a number of key support levels have been taken out to the downside. Moving forwards, XRP needs to rally back above the $0.21 level, which now becomes a stern point of resistance. A break above the 22 EMA on the dailyThe post Ripple's XRP crashes to $0.18 amid massive sell-off appeared first on Coin Rivet.
The price of Ripple (XRP) has fallen over 40% since the beginning of November and is currently hovering around $0.21. XRP gained 3% at the start of December, but those gains have now evaporated with this week's bearish trend. Over the past 24 hours, XRP is down around 1%. Since late June, Ripple has been bouncing between lower highs and lower lows - a clear sign the cryptocurrency could be in trouble. Not only that, price is now below all its EMAs and XRP is currently trading around its yearly low. Will the altcoin recover soon? Or will it fall further? Let's take a look at the XRP chart, courtesy of TradingView. As you can see from the chart above,The post Latest Ripple price and analysis (XRP to USD) appeared first on Coin Rivet.
Money transfer firm SendFriend, which utilizes Ripple’s XRP payment solution, claims to help customers save up to 80% in remittance fees.The post Ripple’s XRP payment solution helps save customers up to 80% in remittance fees, says SendFriend CEO appeared first on The Block.
Blockchain payments processor BitPay has added support for three stablecoins - Circle’s USD coin (USDC), the Gemini dollar (GUSD) and Paxos Standard token (PAX).The post BitPay now lets merchants accept three stablecoins, including Gemini dollar appeared first on The Block.
Luno Malaysia, one of the only three regulated cryptocurrency exchanges in the country, is set to list XRP on its platform.The post Crypto exchange Luno set to list XRP on its platform after receiving regulatory nod appeared first on The Block.
Ripple's XRP token is attempting to break out of the $0.23 level of resistance for the second time in two weeks after rallying by 8% since Thursday. The current level is proving to be a tough hurdle to overcome, especially as $0.23 provided support on three occasions since August before the eventual breakdown on November 24. One thing to point out is that the 22 exponential moving average on the daily chart is also currently suppressing a move to the upside. If this can be taken out, it could well provide the fuel for a rally to the next level of resistance at $0.244. A rejection at this level would be disastrous for XRP given it is already trading atThe post XRP attempts breakout after rising 8% over the weekend appeared first on Coin Rivet.