Within one week since December 16, the Ethereum price surged from $83 to $138, by just over 66 percent and a nice upward move above the $0.3500 resistance in ripple price against the US Dollar. Hsaka, a cryptocurrency technical analyst, suggested that Ethereum is a better asset to short because of...
Financial institutions Standard Chartered and Axis Bank have announced a new cross-border payments platform built on top of technology developed by Ripple. Unveiled today, the platform – which will connect corporates between Singapore and India – will be accessible through Standard Chartered's Straight2Bank system. According to SC's release, the platform will...
Traders restored a bit of stability to the crypto markets on Friday following a day of sideways trading. The bitcoin price and ethereum price each declined a bit less than 1% for the day, and most major altcoins experienced similar minor declines. However, no top 10 cryptocurrency moved more...
Former Federal Reserve chairman Ben Bernanke is bullish on blockchain. Speaking at Ripple's Swell conference in Toronto today, being held the same week and in the same city as Sibos, the annual gathering hosted by Ripple's rival Swift, Bernanke told a room of several hundred attendees that he believes payments can be...
Distributed ledger startup Ripple has signed up nine additional users for its global payments network product, RippleNet. Announced today, new members include Bexs Banco de Cambio, a processing service for international payments, and dLocal, the payment service behind Uber and GoDaddy. The other firms joining the network's now 100-plus members include Credit...
Distributed ledger startups Ripple and R3 have become embroiled in a new legal battle, with both startups filing lawsuits related to a contract dispute between the two firms. Ripple alleged in a complaint filed today in the Supreme Court of California that R3 failed to honor an agreement that included...
BitcoinIRA, a company that allows users to create retirement funds based on cryptocurrencies, is adding new options to its portfolio. Starting with Ripple's XRP token from today, the firm also plans to add further cryptocurrencies in coming weeks, including litecoin, ethereum classic and bitcoin cash. BitcoinIRA already supports retirement accounts in both bitcoin and ethereum. The company, which is fully...
The Ripple price increased more than 10% on August 29 following news that the FinTech startup had hosted prominent officials from the Chinese central bank. Ripple Hosts PBoC Officials One tweet: that’s all it took to ignite the Ripple price and add $1 billion to the XRP market cap. On August...
Distributed ledger startup Ripple is stepping up its attempt to disrupt Swift, the infrastructure provider that today connects over 11,000 banks around the world. On the same day, in the same city as Swift's flagship event Sibos, Ripple has announced it will host Swell, an event also aimed at bringing the world's financial leaders together...
The price of XRP is up more than 40 percent in the past 24 hours, a move that comes amid a period of heightened volume in global cryptocurrency markets. Data from CoinMarketCap reveals that of XRP – the cryptocurrency of the Ripple network – is trading between $0.23 and $0.24. Much of the...