Ripple (XRP) Flexes Weakly Despite $50 Million MoneyGram Deal

Published: 18/06/2019 08:34 EST. Journalist: By CCN Markets: Blockchain payment company Ripple on Monday announced that it is going to buy up to $50 million worth of stakes in MoneyGram, the second largest money transfer service in the world. The news helped Ripple’s native token XRP rise by more than 8 percent on the day. …

Ripple CEO to Critics After Obtaining 200 Clients: Banks Will Use XRP

On January 9, CCN reported that 13 financial institutions have started to utilize the Ripple blockchain through RippleNet, bringing the total number of banks in the Ripple ecosystem to 200. Fintech applications and banks in the likes of Euro Exim Bank, SendFriend, and JNFX have integrated RippleNet for liquidity and instant settlement of payments that …

Big Chance Crypto is Best Performing Asset in 2019

Travis Kling Travis Kling, a former Point72 Asset Management executive, a hedge fund that oversees $12.4 billion in assets, said that there is a big chance crypto becomes the best performing asset in 2019. The Ikigai Fund founder made the case that cryptocurrencies were never present during a proper bear market in traditional finance and …

Just 9 Crypto Networks Have $1 Billion Market Caps

According to the latest statistics, there are now fewer than 10 blockchains or crypto token networks worth much more than $1 billion. At time of writing, Cardano’s ADA token was struggling to retain three-comma status, having dipped and recovered multiple times over the course of daily trading. The top value blockchain is still, of course, …

Ripple Finally Suffers Major Price Drop as Crypto Market Wipes Out $12B

Twitter Facebook LinkedIn The intense downtrend of the crypto market is finally having a toll on the best performing digital asset of the month. Ripple (XRP), now the second most valuable cryptocurrency in the market, is no longer up in value on a monthly basis. Throughout the past 30 days, XRP has maintained the $0.5 …

BCH and EOS Extend Losses to 5% as Bitcoin Drops to $6,250

Over the past 24 hours, Bitcoin has lost 2 percent of its price against the US dollar, dipping below the $6,300 mark to $6,250. While cryptocurrency-only exchanges are demonstrating a price of $6,350 for Bitcoin due to the premium on BTC-to-USDT (Tether) pair, the actual price of Bitcoin remains at around $6,256. The volume of …

Crypto Market to Eclipse $20 Trillion as Bitcoin Fades

It’s been 10 years since bitcoin creator Satoshi Nakamoto published his white paper on bitcoin, and the global economy hasn’t been the same since. The original cryptocurrency now boasts a market cap of more than $112 billion, while bitcoin’s dominance hovers at more than 53%. But if you ask Nigel Green, founder and CEO of …

Bitcoin Retraces to $6,500 After Decent Rally, Ripple Gains Another 5%

After rising to $6,700 on September 27, the price of Bitcoin has slightly retraced to $6,500. Ripple (XRP) still recorded a decent gain of 5 percent, extending its momentum. The volume of the crypto market has increased from $13 billion to $15 billion in the past week, demonstrating an increase in activity in the market. …