XRP

Early Ripple investor: “99 percent” of people in crypto just seek financial gains

by

The cryptocurrency market is like none other. Most “traditional” investors shy away from the volatile market, even as returns eclipse any other asset class, and blockchain technology continues to develop. But one early-blockchain investor believes the industry still holds promise, even as most run behind purely incentive-based objectives. Ripple was exciting Kevin Rose, an American […]
The post Early Ripple investor: “99 percent” of people in crypto just seek financial gains appeared first on CryptoSlate.

Report: Traders move to XRP for cross-exchange transactions increase whenever ETH transaction fees surge

by

An Xpring report on May 13 stated XRP exchanges see increased inflow/outflow volumes whenever Bitcoin and Ethereum networks are hit by surging transaction fees and congestion. Traders move to XRP during crunch While the sample sizes in terms of days were not specified, Xpring notes XRP cross-exchange transactions went up significantly when Ethereum — widely-used […]
The post Report: Traders move to XRP for cross-exchange transactions increase whenever ETH transaction fees surge appeared first on CryptoSlate.

XRP users can now fully delete crypto wallets, thanks to new Ripple update

by

In a first for the cryptocurrency market, a community-consensus for Ripple last week approved an amendment to the XRP ledger, allowing users to delete existing wallets. Community requests met Voted over two weeks with an 80 percent majority, the “ DeletableAccounts Amendment” allows XRP wallet users to remove old, inactive accounts while recovering “reserve” funds. […]
The post XRP users can now fully delete crypto wallets, thanks to new Ripple update appeared first on CryptoSlate.

Ripple is the first blockchain company to be a part of the ISO 20022 standards body

by

Cross-border payments network Ripple (XRP) announced that it has become part of the ISO 20022 Standards Body, becoming its first member focused on distributed ledger technology (DLT). The new payment messaging standard is set to replace SWIFT MT messages as the standard format for cross-border and high-value payments. Ripple becomes the first blockchain company to […]
The post Ripple is the first blockchain company to be a part of the ISO 20022 standards body appeared first on CryptoSlate.

Ripple co-founder is selling $400,000 worth of XRP every day

by

The case against XRP seeing any type of near-term bullishness has grown significantly in recent times due to a confluence of dwindling technical strength and rapidly growing fundamental weakness. The past week has further elucidated just how weak the cryptocurrency is in its current state, as analysts are noting that its latest weekly close has […]
The post Ripple co-founder is selling $400,000 worth of XRP every day appeared first on CryptoSlate.

Analyst claims XRP may never recapture $1.00 as its underlying health degrades

by

In the time following the insane crypto market bull run in 2017, XRP has consistently been one of the worst-performing assets, seeing a notable 40 percent decline in 2019 while failing to track the full extent of the aggregated market’s uptrend throughout 2020. Analysts are now noting that the cryptocurrency could be positioned to see […]
The post Analyst claims XRP may never recapture $1.00 as its underlying health degrades appeared first on CryptoSlate.