Cryptocurrency Analysis and News Portal
Bitcoin has successfully managed to flip its popularity among Japanese investors over the last two years and dethroning XRP by a large margin. Bitcoin now leads a 51.36% market share in Japan against XRP with 27.54%.Bitcoin has ultimately dethroned XRP in terms of popularity among Japanese cryptocurrency investors and enthusiasts.
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XRP, the underlying token of the Ripple’s flagship blockchain, is not a practical cryptocurrency for holding, said a top market analyst.The statements appeared in the wake of XRP’s dismissive performance in 2020 against its better-performing rivals, such as bitcoin.The analyst said the Ripple token could fall by another 50 percent
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[sociallocker id="55298"] On-Demand Liquidity (ODL) for XRP paired with the Australian dollar reached a new all-time high of 15,640,530 AUD on the exchange BTC Markets.According to a recent tweet from the Liquidity Index Bot, the liquidity index for BTC Markets for XRP/AUD climbed to 15,640,530 AUD — approximately 10.6 million
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Bitcoin is still dominant in the cryptocurrency space with data showing that it has staggering 140 times more daily active addresses than Ripple’s XRP.Bitcoin undeniably continues to dominate the popularity charts among the top cryptocurrencies. However, the flagship token has fewer addresses that have actual coins in them compared to
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United Arab Emirates-based retail and business bank, RAKBank, is expanding its remittance routes using Ripple's blockchain technology.Ripple, which provides distributed ledger payments products for financial institutions, was selected to help the UAE's 9th largest bank provide quick cross-border payments in a new Bangladeshi corridor.A partnership, announced Sunday, between Bangladesh-based Bank
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Ripple’s On-Demand Liquidity (ODL) payments network tripled in transaction volume over the last quarter according to the just released Q1 2020 XRP Markets Report.The dollar value transacted using ODL increased by more than 294%, which is good news for token holders with the report describing XRP liquidity as the “lifeblood
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Ripple blockchain’s native cryptocurrency XRP hit its seven-week high during Wednesday trade.The gains came as a part of a broader cryptocurrency market uptrend that saw every high-cap token painting fresh local highs.But XRP’s interim uptrend could run out of breath as price tests a strong technical resistance.XRP, the cryptocurrency that
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Ripple’s native token XRP triggered a bullish crossover signal on Wednesday that many traders perceived as an opportunity to score short-term gains.The chart pattern, known as Golden Cross, typically appears when a short-term moving average jumps above the longer-term moving average. Many technical analysts use the crossover as a sign
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A United States federal district court has decided to allow a lawsuit alleging that Ripple’s XRP crypto asset is an unregistered security.Court documents filed on Feb. 26 reveal that Judge Phyllis Hamilton of the Court of the Northern District of California ruled to only partially grant Ripple’s motion to
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XRP, the native token of the Ripple blockchain, has slipped by more than 23 percent from its year-to-date high of $0.34. And according to a popular analyst, the token is likely to fall further.Full-time trader Bleeding Crypto highlighted XRP’s bearish potential in a tweet published earlier Tuesday. He noted that
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