Today's Hot Topics

Ripple (XRP) Primed For Further Upside Against Bitcoin (BTC)

Ripple (XRP) declined to its 38.2% fib retracement level against Bitcoin (BTC) and is now preparing for a trend reversal. The daily chart shows that the price is still far away from the 50 day exponential moving average but if it rebounds successfully off the 38.2% fib retracement level, we could see it shoot towards the top of the descending triangle. It is important to note that Ripple (XRP) remains at risk of a major correction long term but short-term, it is primed for further upside against Bitcoin (BTC). Considering that BTC/USD is also primed for a rally towards $10,000...

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Ripple Reveals RippleNet’s Expansion as 14 New Banks Sign Up

The global head of banking at Ripple, Marjan Delatinne has said that the firm’s network of banks and financial institutions, RippleNet, is expanding at an alarming rate, but in a good way of course! Delatinne spoke in an interview with Bobsguide discussing the impact that blockchain tech has to offer for the finance world as well as just the world as a whole. Delatinne has said that 14 new banks and financial institutions have given the green light for RippleNet over the past few weeks alone. “Among general audiences, they will still think that blockchain is the same as Bitcoin....

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New Partnership Could Benefit Ripple In Cross-Border Arena

Through its partner MoneyNetInternational (MoneyNetInt), Ripple has a new connection to PXP Financial as MoneyNetInt is now teaming up with PXP to process seamless and easy cross-border payments. This international payment service is for customers only in the US and EU. As it says on MoneyNetInt’s website: “We believe in borderless commerce, where businesses can efficiently conduct financial transactions in any currency, to any country with the convenience of local payments.” The UK-based payment processor, PXP Financial and its new partnership with MoneyNetInt will provide all major global credit and debit card processing, as well as a wide range of...

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Ripple Tread On Brazilian Waters To Spread RippleNet Adoption

The firm behind the XRP token, Ripple has just recently launched an office in South America in order to get more clients on board with RippleNet, the network for institutional payment-providers. The firm might also be teaming up with local universities in order to educate people on blockchain technology. Brazilian Waters According to the report, Ripple has launched a new office in Brazil to help spread the awareness of blockchain. The official announcement about the branch’s launch will be made at the CIAB Febraban event this week, however. The main aim of opening an office in the country is to...

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Ripple Sets Records In RippleNet Transactions

Ripple is currently seeing a record-breaking burst in the number of transactions on RippleNet - the network of banks and financial institutions that use the firm’s suite of cross-border payment solutions. The San Francisco startup made the announcement while they officially confirmed their move into South America. “Ripple is experiencing dramatic growth, adding an average of two to three new financial institutions to RippleNet each week. The company saw more transactions on the network in Q1 ’19 than it did in all of 2018. In 2019, Ripple is focused on growing its customer base and team in Brazil, and across...

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