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Ripple Price Prediction: SWIFT Tries to Combat Growing XRP Threat
Although Ripple prices are enmeshed in the market-wide cryptocurrency slump, shrewd investors might have noticed a positive signal buried amid the noise. What am I talking about? Well, there was a report that SWIFT, Ripple’s main rival, is talking up its efforts in distributed ledger technology (DLT). For the uninitiated, DLT is the core innovation underlying Bitcoin, Ripple, Ethereum…basically, all the cryptocurrencies in existence. Sponsored Ripple wants to disrupt SWIFT by using these distributed ledger innovations. That’s why it is comical to see SWIFT claiming proficiency in DLT. It’s not their strong suit! The mere fact they are broadcasting their...
Experts Claim Ripple Could Be The Next Bitcoin
Analysts, traders, and investors are constantly looking for the next big thing. While Bitcoin is far from fading, other cryptocurrencies may emerge to replace it as the standard for digital financial transfers. One company that has made a lot of partnerships and gained a lot of attention recently is Ripple. Sponsored According to reports, a number of industry experts predict that Ripple’s XRP could be the next big thing as large gains from a sub-dollar asset would be far more likely than one that is already trading at $10K per coin. RIPPLE TO MAINSTREAM CRYPTO Craig Cole of CryptoMaps is...
Ripple’s Fundamentals are Looking Better by the Day
From a purely price perspective, Ripple XRP has been a huge letdown over the past two months. But a closer look at the fundamentals reveals huge potential for the digital currency, even as the skeptics continue shouting from the rooftop. Institutional Value No talk of Ripple’s merit can begin without mentioning its status as an institutional asset. Although much of the public discussion around cryptos is price related, Ripple is creating business value regardless of what the ticker says. Case in point: a consortium of 61 Japanese banks has used Ripple’s technology to develop a mobile app that settles payments instantly. On Wednesday, Ripple announced that the...
Ripple Announces Partnership with Cambridge Global Payments
The international payment processing company Cambridge Global Payments (CambridgeFx) has teamed up with Ripple to use its blockchain in order to adopt its xRapid liquidity promotion technology to promote a fast and efficient form of payment processing worldwide. Ripple currently provides 3 technological solutions for those companies oriented to the exchange of financial assets: xRapid which is used as a source of liquidity, xCurrent which is oriented to a bilateral processing of payments and xVia which focuses exclusively on sending money. They all run on the company’s centralized blockchain platform using its XRP token as a means of value transmission. Sponsored Cambridge Global...
Coinbase Rejection Sends XRP Price Into Downward Spiral
It would appear the reality has caught up with XRP price speculators. As was mentioned yesterday, the rumors regarding Coinbase adding this digital asset have been proven to be utterly fake. As such, the XRP price is taking a big hit right now, with the value dropped well below $1 once again. The current onslaught in the Bitcoin market isn’t helping matters much either. STIFF REALITY CHECK FOR THE XRP PRICE Sponsored It is not entirely surprising to see the XRP price go through a rollercoaster ride of momentum right now. The most recent uptrend was fueled entirely by Coinbase speculation. Everyone...
Ripple Expands its List of Partners With Five More
Not many other blockchain companies can boast new partners on a weekly basis. Ripple is one that can and, love it or hate it, the San Francisco based global payments provider has added to that list of over a hundred with five more this week. In addition to banks in Brazil and India, Singaporean and Canadian money transfer service providers have also joined ranks with Ripple. According to reports Brazilian Bank Itaú Unibanco and remittance provider BeeTech have joined RippleNet in order to facilitate faster and cheaper global funds transfers. Indian bank IndusInd is also onboard alongside Canadian company Zip Remit who...
Ripple’s XRP Gaining Traction as Western Union Confirms Partnership
Ripple XRP rallied on Thursday, with prices testing two-week highs after Western Union confirmed a pilot partnership with the San Francisco-based company. // -- Discuss and ask questions in our Facebook Group Western Union to Pilot xRapid System After much speculation, Western Union’s Chief Technology Officer Sheri Rhodes indicated that the global money transfer system will in fact integrate Ripple’s xRapid. “We continue to explore possible blockchain applications for our business, and we are piloting some settlement tests with Ripple for certain corridors,” Rhodes said, as quoted by Yahoo Finance and CCN. She added: “For blockchain in general, we’re looking at areas...
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