R3 Announces Global Payment App With XRP as Base Currency

R3 has unveiled a new app on their international blockchain, a global payment platform that uses Ripple’s XRP as its initial base currency. The app, dubbed Corda Settler, continues R3’s track record for pursuing  ambitious blockchain projects, and it is allegedly “purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the world’s payment systems, both traditional and blockchain-based.” The press release clarifies that XRP will be the first cryptocurrency specifically supported by Settler, but also stated outright that it would not…

XRP Posts 6% Gains as Japan and Brazil Adopt Ripple Tech for Payments

Twitter Facebook LinkedIn Ripple’s XRP token has a posted a 6 percent profit to establish a fresh weekly high towards $0.534. The bullish behavior also got the coin close to replacing Etherum as the second-largest cryptocurrency by market cap. SOURCE: TRADINGVIEW.COM The XPR/USD value appreciated from 0.506-fiat to 0.535-fiat on Monday. The price action underwent a weak downside correction later. It found support at 0.516-fiat and is since hinting a further upside bias. The pair is now trading at 0.532-fiat, looking to reclaim the weekly high, followed by a breakout towards…

Just a Ripple? XRP Price Hits One-Month High But Eyes Correction

Twitter Facebook LinkedIn Ripple (XRP) on Tuesday established a bullish setup after rising more than 10 percent against the US dollar. The pair broke above the October peak to set a new one-month high at 0.569-fiat. It was previously stuck in a narrow trading range for multiple weeks amidst lower volatility. While the lack of bias-defining price action is itself not significant, the absence of solid bullish momentum, coupled with failed rally attempts of the recent weeks, confirms XRP’s overall downtrend. The latest rally marks the asset’s latest attempt to break…

Ripple (XRP) Briefly ‘Flippens’ Ethereum to Become 2nd-Largest Cryptocurrency

Twitter Facebook LinkedIn Ripple (XRP), long the world’s third-largest cryptocurrency, capped off an impressive single-day rally with a foray onto the market’s silver podium, briefly evicting ethereum (ETH) from the market cap ranking it has long called home. Ripple (XRP) Challenges Ethereum for Silver Podium The rally, as CCN reported, saw the ripple price rise an astounding 14 percent on a day when bitcoin (BTC) traded sideways, and no other large-cap cryptocurrency rose more than 4 percent. In fact, XRP’s single-day return was triple that of Metaverse ETP, whose 4…

Ethereum & Ripple (XRP) Plunged, Tron Led Oct. Index

Twitter Facebook LinkedIn The month of October saw many altcoins continue to bleed out in price, with ethereum (ETH) and ripple (XRP) each declining by more than 10 percent. After almost ten months of mostly bearish price action in the cryptocurrency space, there was just one crypto token that managed to tread water in October — tron (TRX). Tron’s [Previously] Volatile Nature Tron’s October stability comes as a bit of a surprise for a coin that is often volatile. Earlier this year, Finder.com conducted a study ranking the top fifty…

Bitcoin Reaches October 2017 Volume as ETH, XRP, and BCH Fall 4%

Over the last 24 hours, the volume of Bitcoin has increased by yet another 10 percent from $3.5 billion to around $3.8 billion. On October 28, the volume of Bitcoin increased by around 20 percent from $3.1 billion to $3.5 billion, showing strong and sustainable momentum in the lower region of $6,000 for the first time since mid-September. Still Low Volume, But What Happened in November? As cryptocurrency investor and technical analyst Hsaka recently stated, the volume of Bitcoin has declined to the October 2017 level. Trading activity in the…

Ripple (XRP) Marks the Best Correction as Crypto Market Recovers

The Ripple-to-Dollar (XRP/USD) exchange rate on Friday was the earliest to recover from its latest downtrend move. It surged as much as 19 percent from yesterday’s low at 0.377-fiat, which is higher than other top coins. Ripple, the company that issues XRP tokens, is reportedly heading towards forming a partnership with SWIFT, a global banking protocol. Spain-based Santander, one of the Ripple’s partners, has partnered with SWIFT to expand its banking services to Argentina, Poland, Spain, and the United Kingdom. Ripple is scheduled to attend SWIFT’s SIBOS 2018 Conference this…

ETH, BCH, and XRP Plunge 13% as Bitcoin Dips to $6,250: Factors

Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH) have declined by 12 to 13 percent over the past 24 hours, as Bitcoin recorded a sudden dip in price from $6,600 to $6,250. Subsequent to demonstrating a rapid sell-off, the Bitcoin price recorded a 4 percent drop within a 30-minute period, recording one of its steepest short-term drops in recent months. The downtrend of Bitcoin led other major cryptocurrencies and tokens including XRP, ETH, and BCH to fall substantially. Large Fall of Major Cryptocurrencies and Tokens Were Expected On October 7,…

Ripple (XRP) Price Declines 8% While the Crypto Market Loses $9 Billion

Subsequent to the release of a major partnership with $80 billion banking giant Banco Santander, the price of Ripple (XRP) has declined by more than 8 percent. In the past 24 hours, the valuation of the cryptocurrency market dropped by around $9 billion, as Bitcoin dropped below the $6,500 mark for the first time in the past seven days, recording a 2 percent decline in value. Low Volume was the Issue Yesterday, on October 2, CCN reported that the low volume of Bitcoin is a concern for traders and it…

XRP Sees 2% Loss After Big Announcement, Bitcoin Shows Low Volume

Since late September, the low volume of Bitcoin has been an issue for the cryptocurrency exchange market. Although BTC was expected to breakout of major resistance levels at $6,800 and $7,000, its low volume prevented it from recording a major movement on the upside. Earlier today, on October 2, Ripple Labs introduced three partnerships with major banks including the $80 billion banking giant Banco Santander. One Pay FX, a platform operated by Banco Santander, became the world’s first mobile application for cross-border payments powered by RippleNet. Subsequent to the announcement,…