A few major cryptocurrencies are in an uptrend and they could offer buying opportunities in the short-term.
Ripple is a real-time gross settlement system that also supports fiat currency, cryptocurrency, and commodity exchanges and remittances. The native cryptocurrency of the platform are Ripples, abbreviated as XRP.
Ripple was made by the Ripple company, but can function without it due to its shared ledger. Used by companies such as UniCredit, UBS and Santander, Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology because of the payment’s speed within the network, stability of the technology, and the ability to its coin as a bridge currency.
There were 100 billion XRP created at Ripple's inception, which is the currency’s cap according to the protocol's rules. Of the 100 billion created, 20 billion XRP were retained by the creators and the remaining 80% of the total were given to Ripple Labs for sale.
Bitcoin has 140 times more daily active addresses than XRP, but has fewer addresses with a positive balance in them than ETH.11147
Most major cryptocurrencies have turned down from their immediate resistance levels, which suggests a minor correction in the next few days.15746
Most major cryptocurrencies are struggling to break out of their immediate resistance levels, which could result in a minor pullback for the next few days.25600
A U.S. consumer protection agency shout outs Ripple and XRP cross-border settlements in a recent regulatory update.9403
Ethereum longs on Bitfinex have increased 170% since breaking into record highs during late February.19203
SBI Holdings plans to integrate Ripple-powered settlement across Japanese ATMs.27046
The action in altcoins has become coin specific, meaning, traders should remain with those that are in an uptrend as they are likely to follow Bitcoin if it moves higher.18898
Altcoins are currently following Bitcoin price but soon they are likely to decouple and chart their own course.33124
A recent job listing at blockchain-based payments firm Ripple indicates that it is working on a working capital loan product.8946
Most transactions on XRP, EOS, and XTZ do not transfer any value, according to a new research study.17976
Stablecoin Tether has just surpassed XRP as the third-largest cryptocurrency and is now the second-largest altcoin behind Ethereum’s Ether (ETH).18466
SBI Holdings is proposing Ripple partner with multinational corporations to increase transparency and traceability across supply chains.10752
The XRP ledger network now has the ability to delete wallets, thanks to a community vote.17596
After Bitcoin’s rally, several major cryptocurrencies are attempting to resume their up move.30577