Crypto ATM Chain Coinme Collects $1.5M from Ripple Xpring and Blockchain Finance Fund

Crypto ATM Chain Coinme Collects $1.5M from Ripple Xpring and Blockchain Finance Fund

One of the global leaders in cryptocurrency ATM manufacturer, Coinme, has recently kick-started its new A-1 funding round to accelerate global expansion. The interesting thing is that the company has successfully secured $1.5 million from Ripple’s Xpring and Blockchain Finance Fund. Founded in 2014, Coinme is a leading blockchain financial services provider which aims to make cryptocurrencies prevalent across the globe with crypto ATMs. It became the first state-licensed Bitcoin ATM company in the U.S….

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Banking Giant PNC to Deploy RippleNet for Cross-Border Payments

Banking Giant PNC to Deploy RippleNet for Cross-Border Payments

PNC Treasury Measurement revealed that it was going to employ RippleNet’s blockchain technology for processing its cross-border payments. PNC, one of the leading banks in the U.S., has partnered with the major crypto firm Ripple, which specializes in cross-border payment and operates the Ripple (XRP)trade cryptocurrency, to enable the bank building the capacity for processing global payments. The deployment will assist the bank in reducing fees and waiting times. According to the latest numbers from…

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Prominent Analyst Slams XRP as a ‘Scam Coin’ Following a Lawsuit against Ripple

Prominent Analyst Slams XRP as a ‘Scam Coin’ Following a Lawsuit against Ripple

An old Ripple (XRP)trade controversy has once again emerged from the shadows. The crypto company has been recently accused of selling unregistered securities by one of its investors, Bradley Sostack. And this time, the topic has once again surfaced with a bellicose tweet of cryptocurrency analyst Tone Vays. Vays states in his tweet that “[t]he SEC is bringing Thor’s Hammer… The next #Bitcoin Law Review is gonna be epic… Come at me $XRP Army “of…

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Ripple Price Technical Analysis (August 19): Still Bullish But Hesitant

Ripple Price Technical Analysis (August 19): Still Bullish But Hesitant

Ripple (XRP)trade is currently trading at $0.2840. Recently, the digital coin’s price has broken the resistance of $0.28, turning it into support. The next resistance levl is at $0.2921. The XRP price might start moving between the channels and the above levels can be used for swing trading. Dow Theory According to Dow Theory, the virtual coin is currently appearing in the accumulation phase, which is an area from where the price shoots up, and…

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Monetization Platform Coil Receives 1 Billion XRP Grant from Ripple Xpring

Monetization Platform Coil Receives 1 Billion XRP Grant from Ripple Xpring

Coil, a platform that enables publishers to monetize their content, has recently announced that the company has received a grant of 1 billion Ripple (XRP)trade digital coins from Ripple’s project Xpring. This grant’s initial aim is to increase the use cases of XRP as micropayments on Coil’s platform; in addition, the grant will advance Coil’s monetization platform to create the new standard of Web Monetization. Xpring is an initiative started by Ripple to collaborate with…

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Ripple CEO Brad Garlinghouse Seeks More Deals with Banks and Financial Institutions

Ripple CEO Brad Garlinghouse Seeks More Deals with Banks and Financial Institutions

Brad Garlinghouse, the chief executive officer of Ripple (XRP)trade, showed his admiration of the just-concluded MoneyGram deal while giving us a tip of the iceberg on Ripple’s future plans. Garlinghouse asserted that the MoneyGram deal was one of the biggest – if not the biggest – deal that the prominent crypto firm has made so far. Despite spending a fortune to acquire 10% of the widely celebrated remittance company, he believes he couldn’t have it…

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Ripple Price Technical Analysis (August 5): Facing a Lot of Resistance

Ripple Price Technical Analysis (August 5): Facing a Lot of Resistance

Ripple (XRP)trade is currently trading at $0.3276. When looking at the chart below, we can see that the XRP price has recently broken the resistance level of $0.3232, turning it into support. The next resistance level is at $0.3323. Although when looking at the bigger picture the price is in a sideways trend, an uptrend will start only after the price closes above $0.350. Taking long position is not suggested at this stage. Dow Theory…

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Ripple Broadens Blockchain Research to Kyoto University and the University of Tokyo

Ripple Broadens Blockchain Research to Kyoto University and the University of Tokyo

Ripple aims to further academic research in blockchain technology by partnering with Tokyo and Kyoto Universities. The crypto education program is now collaborating 33 institutes worldwide to develop the increasingly popular blockchain technology, cryptocurrencies and decentralized digital transactions. The University Blockchain Research Initiative (UBRI) has already established over 30 university collaborations initiating in 2018, including Princeton University, Carnegie Mellon, Pennsylvania University, Massachusetts Institute of Technology, and Singapore National University. Ripple, the crypto firm behind the…

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Ripple CEO Urges Congress to Treat Crypto with More Regulatory Clarity

Ripple CEO Urges Congress to Treat Crypto with More Regulatory Clarity

Brad Garlinghouse, CEO of Ripple and Chris Larsen, Chairman & co-founder of Ripple (XRP)trade took the time to pen a heartwarming open letter, urging the U.S. Congress to try separating the goats from the sheep, not casting all of them away. In the open letter, they both implored the respectable Congressmen and Congresswomen to reconsider their anti-crypto stand. Sure, no one is disputing the fact that virtual currency can be manipulated and employed in illegal…

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Ripple Sells $250M XRP in Q2; Now Traded in Over 130 Crypto Exchanges

Ripple Sells $250M XRP in Q2; Now Traded in Over 130 Crypto Exchanges

Ripple’s market report for the second quarter of 2019 shows that the cryptocurrency firm experienced a price gain of 28.20% over what it had in the first quarter. Adding to that, the list of crypto exchanges that trade Ripple (XRP)trade across the globe increased to more than 130 in the second quarter. This enormous growth is accredited to the roles played by institutional and programmatic sales amongst others. The report indicates that institutional direct sales…

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