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Ripple’s XRP Now Makes Up For 3% Of CoinGate Payments

Ripple’s XRP token is a cryptocurrency that has been seen as a currency which could sink deep into the worldwide financial market and receive high levels of widespread adoption over the next few years. XRP has got several listings on many different platforms and has achieved some decent popularity in the market. It’s now the third biggest cryptocurrency in the world but about a year it was having an off and on battle with Ethereum for the number two spot. One key thing that drives the dominance of a cryptocurrency though is the high usage. XRP as been attempting to...

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Eighth Biggest US Bank Now Using RippleNet

The eighth biggest bank in the United States, PNC has become the nations first to start using the RippleNet blockchain network for cross border payments.  Reports recently surfaced saying that PNC Treasury Management is now offering RipleNet-based cross-border payment solutions to its commercial clients, claiming that the blockchain solution will give them. “The ability to receive a payment from an overseas buyer against their invoices instantly, transforming the way they manage their global account receivables and allowing them to better manage their working capital.” MoneyGram PNC had first revealed its plans to use RippleNet but more specifically, the liquidity product...

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Garlinghouse Intends to Clear up Concerns on XRP Token

To kick off the afternoon, let’s talk about Ripple’s XRP. the token is down 20 percent on the year, losing a lot of weight, $3 billion to be exact.  Along with XRP, Stellar has been falling against the US dollar this year with many enthusiasts pointing out the two main things that could have triggered this lack of performance: The sale of XRP by Ripple itself and its founders to fund the firm. The likeness that the US Securities and Exchange Commission (SEC) will call the project as a security. The head of Ripple, Brad Garlinghouse recently came out to...

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XRP Takes A Dive Despite Recent Price Dump

Ripple’s XRP has been one of those cryptocurrencies that have been seriously impacted by the bear market that followed the huge bull run in late-2017 as it is currently trading just a slight bit above its 2018 lows of roughly $0.25. Despite the poor performance of XRP over these past few months, the number of short positions against the token has been sinking as of late, which signals that traders are expecting the cryptocurrency to find some support around its current price range. Breaking $0.27 Currently priced at $0.26 at the time of writing, the question needs to be asked...

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XRP Or Ethereum?

In terms of market capitalisation, XRP and Ethereum are very close rivals. Over the past year, the two have frequently battled it out for the second spot in the markets, becoming the second ‘biggest’ cryptocurrency on the planet in the process. Whilst this sort of market cap battle is mostly meaningless, it does bring some positive attention to XRP and Ethereum as cryptocurrencies. So, in the battle between the second and third best, which will come out on top? In order to hazard a guess at this, we need to understand the advantages and drawbacks to each cryptocurrency. Firstly, XRP...

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