Tagged: xrp

December 5, 2020 @ 2:01 pm By Omar Faridi  |  

Last month, the digital asset markets were “on a tear” as many cryptocurrencies experienced significant gains, Binance notes in its market report. The leading digital currency exchange confirms that Bitcoin (BTC) continues to dominate global headlines as its price surged from below $14,000 on November… Read More

December 3, 2020 @ 1:41 pm By Omar Faridi  |  

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based crypto exchange Kraken) has carried out its second VIP client sentiment survey for this current year. According to Kraken, the goal of the survey is to assess digital asset market… Read More

November 29, 2020 @ 5:36 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, notes in its latest crypto market overview report that it hasn’t seen prices this high since December 2017 (which was during the historic bull market that led to Bitcoin surging to nearly $20,000 and Ethereum reaching a price… Read More

November 28, 2020 @ 1:33 pm By Omar Faridi  |  

The TokenInsight team notes that once again (unsurprisingly), we all received a “big gift” from the digital asset market for Thanksgiving with Bitcoin (BTC) crashing – which came right after it surged past the $19,000 mark for the first time in around three years. The… Read More

November 25, 2020 @ 6:12 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is approaching its all-time of nearly $20,000 which it set back in December 2017 during the historic crypto market bull run. Bitcoin peaked at $18,950 this past week, and has begun to move higher toward its new year-to-date highs at… Read More

October 23, 2020 @ 7:58 am By Omar Faridi  |  

San Francisco-based Fintech firm Ripple might consider moving its business operations to another country if US financial regulations remain unclear. Ripple has narrowed down its choices to five high-potential markets where it may establish its new headquarters. They include the UK, Switzerland, the United Arab… Read More

October 8, 2020 @ 3:31 pm By Samantha Hurst  |  

  Ripple, a provider of enterprise blockchain solutions for payments, announced on Thursday the launched Line of Credit, a new beta service on RippleNet that allows customers using On-Demand Liquidity (ODL) to source capital on-demand to initiate cross-border payments at scale using the digital asset XRP…. Read More

October 5, 2020 @ 11:55 pm By Omar Faridi  |  

Monica (Appelbe) Long, SVP of Marketing at American Fintech Ripple, says that we’re all in the midst of a global climate crisis—”one that is impossible to ignore.” Long confirms that efforts are being made by many countries to “avert the worst-case climate scenarios.” Organizations and… Read More

September 13, 2020 @ 4:48 pm By Omar Faridi  |  

Marcus Treacher, the SVP of Customer Success at American Fintech Ripple, notes that the world’s cross-border payments market is highly fragmented. But he claims that international transactions are now being redefined by “the power of ISO standardization” and the innovative technology approach of RippleNet, which… Read More

August 10, 2020 @ 10:30 am By Omar Faridi  |  

The New York Department of Financial Services (NYDFS) recently noted that there are several different paths that virtual currency businesses may take to begin using or listing digital currencies like Bitcoin (BTC) and Ethereum (ETH), among many others. The NYDFS is the department of the… Read More

August 7, 2020 @ 8:21 am By Omar Faridi  |  

The global payment industry and ecosystem has been growing steadily. The sector is projected to be valued at $2.7 trillion by 2023. Some of the challenges faced by the payment industry include high transaction fees, inefficient cross-border transactions, poor or lack of interoperability between different… Read More

August 4, 2020 @ 7:39 am By Omar Faridi  |  

San Francisco based Fintech firm Ripple has released its quarterly XRP Markets Report. The company notes in its report, that as an XRP holder, Ripple “believes proactive communication and transparency are part of being a responsible stakeholder.” During Q2 2020, total XRP sales were valued… Read More

August 2, 2020 @ 9:59 pm By Omar Faridi  |  

Blockchain security firm CoolBitX is focused on developing the infrastructure to bridge the gap between mainstream financial institutions and the nascent crypto-asset sector. On July 30, 2020, CoolBitX revealed that it has teamed up with BitPay, the leading provider of cryptocurrency payment services. As mentioned… Read More

July 6, 2020 @ 8:10 am By Omar Faridi  |  

  Expedia has revealed that it will now allow its 700,000+ accommodations to be booked with digital currency payments via Travala.com, a crypto hotel booking platform. Travala.com’s management confirmed on July 6, 2020 that the company had added Expedia’s accommodations to its crypto-powered travel platform’s… Read More

June 3, 2020 @ 9:39 am By Omar Faridi  |  

The Crypto Rating Council (CRC) has previously noted that Tron’s TRX, Nervos’ CKB token, and Polkadot’s DOT token might potentially be classified as financial securities, or at least there’s a fair chance they could. The CRC’s initial report on these digital assets was released in… Read More

May 29, 2020 @ 3:05 pm By Omar Faridi  |  

XRP liquidity via the Mexican and Australian corridor recently reached another all-time high. The digital asset’s European corridor liquidity has also increased significantly. San Francisco-based Fintech firm Ripple’s on-demand-liquidity (ODL) solution has experienced an considerable increase in overall usage and adoption this year. The company’s… Read More

May 28, 2020 @ 7:32 am By Omar Faridi  |  

  Data from leading UK-based digital bank Revolut shows that the cryptocurrency trading habits of its users have changed, following the COVID-19 outbreak. Nearly a third or over 30% of Revolut’s 10 million finance app users have been trading virtual currencies. The neobank’s app has… Read More

May 17, 2020 @ 11:49 pm By Omar Faridi  |  

Ripple company partner and investor, SBI Holdings, is planning to integrate the Fintech firm’s technology, in order to process transactions via ATMs throughout Japan. SBI’s management noted in its recent financial report that it will integrate the Ripple technology-based settlements solution, MoneyTap, with ATMs operated… Read More

May 14, 2020 @ 10:23 pm By Omar Faridi  |  

Blockdaemon, a blockchain node provider, has acquired $5.5 million in capital from major investors including Fenbushi Capital, Hashkey, CoinShares, Blockchain.com, Kenetic, and SPiCE VC. Early investors Boldstart, Comcast Ventures, Heavybit, and Lerer Hippeau also made contributions. The New York-headquartered firm says it’s planning to use… Read More

May 13, 2020 @ 1:44 pm By Omar Faridi  |  

A group of researchers claims that most of the digital transactions on EOS, Tezos (XTZ) and with the Ripple company-associated XRP virtual token don’t actually transfer any “value.” Research published on arXiv reveals that merely 2% of transactions conducted on the XRP ledger and only… Read More