rise RSS

better, fundamentals, problem solving, ripple, rise - March 08, 2018

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...

Bitcoin Demand in South Korea Rises as Trade Volume Hits Monthly High

As demand returns to the markets South Korea is once again leading the way for trade volume. Bitcoin recorded a monthly high trading volume on exchanges in the country as fears of clampdowns subside and confidence returns to the crypto markets. Local media reported that domestic Bitcoin trading volume reached a maximum value in the month following the holiday season. Over $250 million has been traded in BTC on South Korea’s leading exchange Bithumb in the past 24 hours. New Bitcoin Trade Volume High The recorded volume on the 19th was the largest in a month indicating a steady return to crypto trading...

Read more

10000, above, bitcoin, bullish, high, july, new, rise - February 16, 2018

Bitcoin rises above US$10,000, strategist sees new high by July

Bitcoin rose above US$10,000 on Thursday for the first time in more than two weeks, as investors bought back the digital currency after having fallen 70 percent from its all-time peak hit around mid-December. NEW YORK: Bitcoin rose above US$10,000 on Thursday for the first time in more than two weeks, as investors bought back the digital currency after having fallen 70 percent from its all-time peak hit in mid-December. Bitcoin has been buffeted this year by a series of negative headlines centering around increased scrutiny by global regulators. There has also been the incidence of hacks on exchanges, the...

Read more