Ordinary Stablecoin or XRP Killer? What We Know About JPMorgan Chase’s New Cryptocurrency

On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency. Significantly, it is the first time a major U.S. bank has tapped into digital assets for direct use in business operations. It is fair to say that move comes unexpectedly for JPMorgan Chase, whose CEO, Jamie Dimon, is famous within the crypto community for his anti-Bitcoin (BTC) remarks. Here are the main outtakes from reports and comments about the new virtual currency, dubbed “JPM Coin.” JPM Coin aims to increase settlement efficiency, initially within three of its…

Ripple Introduces XRP Ledger Version 1.2.0 With Upgrade Deadline of Feb. 27

Ripple, the firm behind the current third top crypto XRP, has introduced a major network upgrade of its XRP Ledger version 1.2.0, according to an official announcement on Feb. 13. The XRP ledger is a decentralized cryptographic ledger that stores XRP and is powered by a network of peer-to-peer (P2P) servers.With the release of the Ripple’s blockchain upgrade, servers will be able to automatically detect transaction censorship attempts and issue warnings of increasing severity for transactions, the announcement says. The XRP Ledger version 1.2.0 includes a number of network amendments,…

XRP Arrows Up as Ripple Inc Fund Projects Promoting Coin’s Use Cases

Ripple prices are stagnant along 30 cents Wietse Wind to receive funding from Xpring Transactional volumes likely to pick up as XRP prices recover It’s all about the ecosystem and Ripple—via Xpring, are actively building that. With their funding of Wietse Wind, his project, XRPL Labs will only generate more XRP use cases. In turn, XRP prices will pump and rally from 30 cents. Ripple Price Analysis Fundamentals There are several Ripple-news making headlines that could impact prices from a fundamental point of view. To begin with, Binance collaboration with…

Ripple’s Fundraising Arm Xpring Invests in XRP Community Developer’s Lab

Ripple’s fundraising arm Xpring has invested in XRPL Labs — a startup that develops applications for the XRP ledger, the company announced in a blog post on Feb. 13. Xpring’s director Vanessa Pestritto has announced that Wietse Wind — a long-time XRP community developer and one of the three XRPL Labs co-founders —  is a “proven entrepreneur” who “has successfully grown his companies organically.” According to Pestritto, the company’s decision to invest in the startup was motivated by Wind’s creative approach and ability to engage developers. Pestritto believes that the…

Ripple Price Analysis: Upsides In XRP Remain Attractive To Sellers

Ripple price climbed higher, but it failed near the $0.3100 resistance area against the US dollar. There is a new connecting bullish trend line formed with support at $0.3000 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could break the $0.3000 support and accelerate losses towards $0.2910 in the near term. Ripple price remained below key resistances against the US Dollar and Bitcoin. XRP/USD may correct higher, but upsides are likely to face a strong selling interest near $0.3100. Ripple Price Analysis In the…

Fees Are “Ungodly”, Buy XRP at Binance Using Your Credit Card

Ripple Prices under pressure but bullish Buy XRP using your credit card at Binance Transactional volumes are below average Good news is Binance is opening up new demand corridors after finally allowing users to buy XRP and other cryptos using their credit card. Undoubtedly, this will help fuel demand and prop XRP prices that risk dropping below 30 cents. Ripple Price Analysis Fundamentals The maverick founder of Binance, Changpeng Zhao has confirmed that indeed one can purchase XRP using their credit cards. If you remember well, buying digital assets via…

Ripple Price Analysis: XRP Sighting Bullish Break In Near Term

Ripple price is currently showing a few positive signs above the $0.2980 support against the US dollar. Yesterday’s highlighted key declining channel is intact with resistance near $0.3035 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to break the $0.3040 and $0.3060 resistance levels for a fresh upward move. Ripple price is slowly recovering against the US Dollar and Bitcoin. XRP/USD could gain bullish momentum once it breaks the $0.3040 and $0.3060 resistance levels. Ripple Price Analysis In the past few days,…

XRP and Ripple Stand to Benefit if the World Bank and McKinsey Projections are True

Ripple prices are stable but bullish SendFriend receives $1.7 million from Ripple and three other companies Transactional volumes are unexpectedly low four days after Feb 8 expansions Despite Cory Johnson exiting the company, XRP is stable as Ripple invests in SendFriend. XRP prices stand to break above significant resistance levels. What we would like to see is first prices printing above 34 cents as bulls of Jan 30, and Feb 8 are confirmed. Ripple Price Analysis Fundamentals Let’s crunch in some numbers. In 2016, the World Bank estimated that workers…

Ripple Price Falls and Drops Below Ethereum, Why XRP is Demonstrating Weakness?

Ripple prices bullish xRapid adoption should be a top priority Transaction volumes picking up after Feb 8 gains Shoring our optimism is the expectation of xRapid adoption. Binance is open for a partnership while Ramessa Online is waiting for further clarification before incorporating XRP. In the meantime, XRP is on an upward trajectory, and we expect bulls to drive prices above 34 cents triggering the first wave of sellers aiming at 40 cents Ripple Price Analysis Fundamentals Executives at Ripple continue to broadcast their objectives of continually building a superior…

Ripple Price Analysis: XRP Could Accelerate Losses Below 100 SMA

Ripple price failed to retain gains and traded below the $0.3080 support against the US dollar. There is a key connecting bearish trend line in place with resistance at $0.3065 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must stay above the $0.3000 support and the 100 hourly simple moving average to bounce back. Ripple price is currently correcting gains against the US Dollar and Bitcoin. XRP/USD is at a risk of a sharp decline if it breaks the 100 hourly SMA and $0.3000.…