After a lengthy period of consolidation, many cryptocurrencies appear to be setting up for a large move within the next few days.
Ripple News
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.
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Most of the top 20 cryptocurrencies are reporting moderate gains as Ethereum price seems unaffected by the hard fork.
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Most of the top 20 cryptocurrencies are reporting moderate gains on the day, as Bitcoin hovers around the $7,550 mark again.
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A rally could be on the cards as Bitcoin continues to lead the market and a few altcoins attempt to form a higher low.
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by Helen Partz
SBI Holdings is considering the option of paying shareholder dividends in XRP, months after its subsidiary MorningStar began the practice.
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by Jack Martin
Ripple has filed a motion to dismiss a class-action lawsuit alleging that it held an unregistered securities offering of XRP tokens.
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Bitcoin price is leading from the front and is showing signs that a bottom has been reached.
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by Joeri Cant
Ripple transfers a total of 1 billion XRP tokens from its escrow wallet to Ripple today, only to transfer it back minutes later.
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Bitcoin appears to have bottomed at $6,500 and once confirmed many cryptocurrencies could provide lucrative trading opportunities at a good risk-reward ratio.
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Major crypto exchange Binance has added four trading pairs for the Russian ruble after launching trading support in October.
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by Will Heasman
An estimated 0.2% of all XRP transactions are used for illicit activity. How true is this figure and how does it impact the industry?
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Bitcoin price has rallied 20% since dropping to $6,560, leading traders to closely watch altcoins for similar price action.
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Was the current pullback an opportunity to go long or will the relief rally reverse direction and catch many aggressive bulls off guard?
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by Helen Partz
Omni Rentals, a $35 million-funded storage and rental startup backed by major crypto firm Ripple, is reportedly shutting down its operations.
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by Joeri Cant
Cryptocurrency firm Ripple invests additional $20 million in MoneyGram, completing its original commitment of $50 million.
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