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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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Could Ripple (XRP) Break Past Trend Line Resistance This Time?

Ripple (XRP) is close to the trend line resistance and has now found strong support at the 50 day exponential moving average. XRP/USD has also formed a golden cross which could be the perfect catalyst to see it break past the trend line resistance. We have discussed the possibility of a false breakout in our previous analysis. In order to trap in overly aggressive bulls at this point and for the whales to dump their coins on them, it is very likely that we might see this breakout. This is because the whales that drove the price of Ripple (XRP)...

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Ripple Promise To Make XRP More Accurate

The company behind the XRP cryptocurrency, Ripple, have recently announced new plans that aim to make the entire Ripple network more transparent, a part of this will also ensure that reporting around Ripple XRP will become more accurate. This might sound a little odd, but remember that Ripple themselves actually own a large majority of XRP tokens. Unlike many other cryptocurrencies, XRP has a company and a group of people fully responsible for its distribution in Ripple, therefore Ripple have to behave in a way that ensures transparency, otherwise their cryptocurrency is at risk of becoming a security - this...

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Could Ripple (XRP)’s Next Big Move Result In Decoupling From Bitcoin?

Ripple (XRP) is a lot different than most cryptocurrencies for a number of reasons. First of all, it does not use blockchain technology. Instead, it uses distributed consensus ledger using a network of validating servers. Second of all, Bitcoin (BTC) is supposed to be digital gold and a store of value while Ripple (XRP) is just a digital currency aimed at making payments faster and cheaper. It is quite obvious that both of them actually have quite little in common apart from both being called cryptocurrencies. Now, this decoupling debate is not new. We have seen it come under discussion...

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