ChinaCoin, Digital Dollars & The Collapse of Fiat, What About XRP?

China’s national digital currency is close to launch, many say the first countries to adopt this tech will have the advantage over others as regular fiat faces collapse. Ripple CEO Brad Garlinghouse threw the cat amoungst the pidgeons a few weeks ago on FOX news by stating the fact the US is stalling and could be left behind. Part of the opportunity that they see is, how can the dislodge the US dollar. We do have some of the leading companies here based in the united states doing things around…

Ripple’s XRP Sales Down 73% in Q3 Compared to Previous Quarter

Blockchain payments network Ripple has announced that it sold $66.24 million worth of XRP in Q3 2019 — down a staggering 73.66% compared to the record sale worth of $251.51 million in the previous quarter. According to the third quarterly report released on Oct. 18, Ripple had previously announced the plan to sell XRP tokens slower in Q3, yet still sold less than was intended. Ripple’s XRP sale rate is lower than ETH’s inflation Ripple also stated that “XRP distribution rate since the beginning of the quarter has been lower…

Price Analysis 18/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, LEO

Bitcoin is at a critical crossroad. What are the different possibilities and important levels to watch out for? Let’s analyze the charts. The traditional financial system is heading to a disaster with about $17 trillion in global bonds returning negative-yields. “The whole concept of negative yields, of people paying for the privilege of lending money, is insane behavior to me,” said William Eigen, a veteran fund manager at JPMorgan Asset Management, in an interview with Bloomberg. Gemini crypto exchange co-founder Cameron Winklevoss believes that the staggering amount of negative-yield bonds…

Ripple (XRP) Price Is Following Uptrend: BTC & ETH Continue To Struggle

Ripple price started a fresh increase and it surged above $0.3000 against the US dollar. The price is currently correcting higher after trading to a new monthly high near $0.3040. Earlier, there was a break above a declining channel with resistance near $0.2860 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is slowly correcting lower and it could find bids near the $0.2940 and $0.2920 levels. Ripple price is moving nicely in a positive zone against the US Dollar and bitcoin. XRP price remains…

Bitcoin Price Hovers Above $8,000 While XRP Jumps 5% on the Day

Thursday, Oct. 17 — Bitcoin (BTC) is hovering just above the $8,000 price mark, while XRP shows impressive gains on the day. Cryptocurrency market daily overview. Source: Coin360 For most of the day, the world’s largest cryptocurrency has been trading within a tight range between $8,000 and $8,100. BTC traded from an intraday low of around $8,010 up to $8,135 before hitting its current trading price of $8,062, showing a subtle gain of around 1% in the past 24 hours. Cointelegraph reported today that notorious crypto skeptic Nouriel Roubini had finally…

Ripple (XRP) Price Breaks Key Support, More Downsides Possible

Ripple price failed to hold the key $0.2850 support and extended its decline against the US dollar. The price is currently correcting higher, but it is likely to face sellers near $0.2850 and $0.2880. This week’s followed key bullish trend line was breached with support near $0.2855 is intact on the hourly chart of the XRP/USD pair (data source from Kraken). The price is now facing a strong resistance near the $0.2860 and $0.2880 levels. Ripple price is struggling to hold gains against the US Dollar and bitcoin. XRP price…

Price Analysis 16/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Many major cryptocurrencies were rejected at their overhead resistances which shows weakness within the market. Is a bear market developing? The crypto market has been struggling since topping out in June but this does not mean institutional interest in crypto has diminished. The Chicago Mercantile Exchange (CME) Group tweeted that customer interest in CME Bitcoin (BTC) futures remained strong in Q3 2019 compared to Q3 2018. The total increase in open interest during this period was about 61%, which shows that the involvement of institutional traders is on the rise.…

Xpring Invests in Swedish Startup to Build XRP Hardware Wallet Firmware

Ripple’s investment arm and tech incubator Xpring has invested in Swedish cryptocurrency self-custody startup Towo Labs to build hardware wallet firmware. Xpring announced the news in a blog post on Oct. 16, stating that the startup plans to develop a new version of the XRP Toolkit and hardware wallet firmware supporting all XRP Ledger transaction types, as well as a non-custodial web interface. In a parallel announcement, Towo Labs said that the firmware will support signing cross-currency payments, escrows, orders, and trust lines, among other things. It will also enable…

Ripple (XRP) Price Holding Key Support But Can It Gain Strength?

Ripple price started a downside correction after setting a new monthly high at $0.2993 against the US dollar. The price declined below the $0.2920 support area and tested the $0.2840 support area. Yesterday’s highlighted major bullish trend line with support near $0.2860 is intact on the hourly chart of the XRP/USD pair (data source from Kraken). The price remains supported near the $0.2860 and $0.2820 levels in the near term. Ripple price is holding an important support area against the US Dollar and bitcoin. XRP price must stay above $0.2800…

Tokenize Assets, Stocks, Fiat & ETF’s in Exciting XRP Eco-system

Ripple partner CoinField has today announced its XRPL powered crypto exchange which teases us with a glimpse of the future. Sologenic is a sophisticated XRPL eco-system allowing the trade of on-demand tokenized assets, stocks and ETF’s from over twenty-five global exchanges. We’re making it easy for people around the world to have access to different global stock exchanges via blockchain. This platform tokenizes stocks on the XRPL as demanded, allowing you to trade it against any cryptocurrency & spend in real-time anywhere. Ultimately, Sologenic helps the mass adoption of cryptocurrency…