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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Ripple Xpring Celebrates Partnership with Over 20 Companies and $500M Investment

Ripple Xpring Celebrates Partnership with Over 20 Companies and $500M Investment

Ripple’s ecosystem initiative, Xpring, took to its blog section to celebrate the success achieved in the journey so far. The initiative, which started over a year ago, is built on the daring foundation of revolutionizing the financial world and creating the Internet of Value. Under the parent umbrella of Ripple and XRP, Xpring has been able to achieve huge success in this time. The initiative works by teaming up developers with entrepreneurs who share the…

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$4.5 Million Hack Scare into Crypto Exchange Bitrue; “100% Funds Recovered”

$4.5 Million Hack Scare into Crypto Exchange Bitrue; “100% Funds Recovered”

Bitrue, a crypto exchange based in Singapore, announced another hack scare into its platform the early hours of Thursday, June 27th. According to a series of tweets released by the crypto exchange on Twitter and its Telegram account, the firm’s security team detected a massive hack at about 1 am on June 27. Stating from the report provided, the hack affected about 90 Bitrue users’ wallets and totals at a whopping sum of $4.5 million…

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Ripple Strikes a $50 Million Partnership with Money Transfer Giant MoneyGram

Ripple Strikes a $50 Million Partnership with Money Transfer Giant MoneyGram

MoneyGram International Inc., a leading money transfer company, has made its entrance into a strategic agreement with blockchain solution provider and prominent crypto firm, Ripple. Ripple provides customers with global payment solution by way of cryptocurrency (XRP) and blockchain. This will enable MoneyGram to make use of Ripple’s xRapid product leveraging the XRP digital currency, from foreign exchange settlements, which makes it a part of MoneyGram’s cross border payment process. This would improve the system…

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Brazil Is the First Stop in Ripple’s Expansion Across South America

Brazil Is the First Stop in Ripple’s Expansion Across South America

Ripple, the crypto firm behind the third biggest cryptocurrency by market cap, XRP, just opened up an office in Brazil. The launch of Ripple’s new office is the first step in its expansion in Latin America. Luiz Antonio Sacco, a veteran fintech entrepreneur and executive, will take up the role of managing director at the new Brazilian office. Sacco, who is a former CEO at the Brazilian subsidiary of a global warranty solution provider The…

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Ripple Pledges More Accuracy and Transparency for XRP Volume & Sales

Ripple Pledges More Accuracy and Transparency for XRP Volume & Sales

Cryptocurrency firm Ripple, which is behind the Ripple platform and its native cryptocurrency XRP (XRP), has promised a higher degree of accuracy for their XRP volumes and sales report. The announcement was made in a blog post by the company on June 3. In the post, Ripple discusses how the industry “can and must do better” when it comes to accurate reporting. They cite several industry reports, including the recent SEC report from Bitwise, a…

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Ripple (XRP) Price Technical Analysis (May 30): It’s a Bull!

Ripple (XRP) Price Technical Analysis (May 30): It’s a Bull!

Ripple (XRP)trade is currently trading at $0.4632. Looking at the chart, we can see that the price has broken the resistance of $0.4597. There Is formation of a bullish engulfing pattern which is obviously a bullish pattern, indicating an uptrend movement. Support is at $0.4597 with resistance a $0.4964. Dow Theory According to Dow Theory, the digital coin is currently appearing in the public participation phase; during this phase, negative sentiment starts to dissipate. This…

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