Today's Hot Topics

Ripple Team Up with 2nd Biggest Global Transfer Firm in the World

The global payment blockchain project, Ripple has received yet another key partnership. This time with Ria Money Transfer, a subsidiary of Euronet. As usual, the aim is to help the firm facilitate instant cross-border payments for its global customers. The company will be leveraging Ripple’s payment network RippleNet to provide international payments for its millions of customers in the 155 nations where they operate. So far, Ria Money facilitates funds transfers through agents and its 377,000 stores scattered all across the world in North America, Latin America, Asia-Pacific, Africa, Europe and also online. This method has been working for the...

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Ripple & Saudi British Bank Partner Up for Cross-Border Payments

Earlier this week, Ripple’s XRP showed a few signs that it was slowing down. But the cryptocurrency seems to have survived and is now on its way to recovery alongside the other top currencies. Several factors might be involved in bringing the asset back up though. One of which is the recent announcement of a partnership between Ripple and the Saudi British Bank. The bank has been working on a collaboration with Ripple for some time now in order to use its blockchain platform to facilitate cross-border payments since the start of 2018. It is finally time to finalise the...

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Real-Time Reference Rate for XRP Introduced by Nasdaq

As of today, (1st May), Nasdaq will start sending real-time XRP on its Global Index Data Service. The new index, dubbed XRP Liquid Index, according to Nasdaq is "designed to provide a real-time spot or reference rate for the price of 1 XRP, quoted in USD, and based on the most liquid ends of their markets." The index was developed by the New-Zealand-based Brave New Coin and in a blog post they have said, "will allow users to track the price of the XRP token... with far greater transparency than before." They go on to say why they created the...

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1 Billion XRP Unlocked From Ripple Escrow Wallet

According to the popular whale alert Twitter account, a total of 1 billion worth of XRP worth £308 million was discharged from the escrow account and sent into the market. 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓  1,000,000,000 #XRP (308,891,433 USD) unlocked from escrow at Ripple Escrow walletTx: https://t.co/hmWS9TFloQ — Whale Alert (@whale_alert) May 1, 2019 In its most recent first-quarter report, Ripple outlined that it sold around $169 million in XRP in Q1 of 2019. These sales accounted for 0.32 percent of the international XRP volume. On top of this, 3 billion XRP was released, out...

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Ripple (XRP) Climbs Back Above Trend Line Resistance To Retest 50 DMA

Ripple (XRP) had declined below a critical trend line support. The price tested this support as resistance but struggled to break past it for days. Now, the price is finally above it and is testing the 50 day moving average. RSI and stochastic indicators on the daily chart show that there is ample room for a retest of the trend line resistance. XRP/USD might have some hope of breaking above this trend line support finally and the long symmetrical triangle that extends back more than a year could finally be broken to the upside. However, just like the breakout to...

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