TAGS  :  "xrp"

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We believe it has cleared the FUD about Ripple’s XRP being centralized (of course, only for the people who can think neutrally).We all have been facing FUD that XRP is centralized (somehow) and isn’t a ‘real’ cryptocurrency like Bitcoin.

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We believe it has cleared the FUD about Ripple’s XRP being centralized (of course, only for the people who can think neutrally).We all have been facing FUD that XRP is centralized (somehow) and isn’t a ‘real’ cryptocurrency like Bitcoin.

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The exchange trading volume of XRP, however, seems to be around $702 million as reported by CoinMarketCap.However, payment transactions on the ledger have overtaken the trading volume by a considerable margin, with the on-ledger payment volume at $613 million.

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In a recent Podcast with Epicenter, Stefan Thomas, the Founder and Ben Sharafian, the CTO of the micropayment platform, Coil, spoke in detail about their present company and Ripple, their former company.On being asked the reason for leaving Ripple to start a new company to develop on Inter Ledger, he revealed the thought process behind it.

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Across the cryptocurrency board, XRP is the only coin to be witnessing green figures post the market crash.The total 24-hour trading volume was recorded at
1-hour:
XRPUSD 1-hour candlesticks | Source: tradingview
The 1-hour analysis of the XRP candlesticks depicts two trend lines wherein the downtrend extends from $0.

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At the time of writing, when all the other coins are showing wounded signs, XRP has shot up by 5.The dots are aligned below the candlesticks to provide support for the price trend.

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The cryptocurrency market has been in a bearish loop ever since Bitcoin [BTC] crashed amidst the Bitcoin Cash [BCH] hash-war started.However, XRP, now the second-largest cryptocurrency in the world has proved to be coping really well post the bear-assault.

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The United States based digital asset platform, Poloniex recently made a Twitter announcement introducing several new trading pairs for USD Coin [USDC] on their platform.Tweet by the official Poloniex Account:
“Poloniex today is introducing the following markets for #USDC: XRP/USDC, XMR/USDC, STR/USDC, DOGE/USDC, LTC/USDC, and ZEC/USDC.

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Perhaps as the BCH-ABC/BCH-SV civil hash war wraps up we’ll see a new leader emerge from the chaos?While XRP did take a knock during yesterday’s pullback, it wasn’t as extreme as BTC 00, and we feel like this warrants further inspection.

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In recent days there has been a renewed short-term “bloodbath” that has caused a sharp drop in almost all cryptocurrencies.Cryptographic market experts attributed these developments to the uncertainty surrounding Bitcoin Cash Hard Fork, which has left many investors anxious to sleep.

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For now, however, the market seems to have calmed down.Meanwhile, XRP Ethereum has finished second in the ranking of the largest digital currencies.

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The major downfall of the cryptocurrency market does not seem to end anytime soon and continues to disappoint the hodlers.The total market capitalization of the market has taken a steep fall from $202 billion to $182 billion in less than 24-hours.

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46 with a market cap equivalent to $18.52 with a market cap of $21.

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The downtrend is forming a descending triangle with the support to depict a downward slide in XRP price.The reading line has been bouncing off the reading line and keeping itself from making a bearish crossover.

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The bear attack on November 14 saw a lot of the cryptocurrencies crumble under the bear pressure which also coincided with multiple support breaks.At the time of writing, Bitcoin was still languishing below $6000 combined with its market cap going under $100 billion.

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However, despite Ripple, the blockchain remittance firm that created XRP, attempting to dissociate itself from XRP for the sake of decentralization, Coinbase has kept Ripple’s logo to represent the coin on its official website.After Coinbase received approval from DFS, it revealed the name of six big coins that would be added to its Coinbase Custody Trust Company program.

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Whether this has any significance is debatable, but the ongoing PR campaign to distance the XRP token from Ripple Labs is apparently not finding traction at Coinbase.The Ripple Labs logo is in the bottom right-hand cornerThere has so far been no official word from Coinbase Custody on the support for XRP; its social media pages are relatively inactive.

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The digital asset, XRP, was not just created for retail purposes alone, but to help global remittances and cross-border payments.In a bid to change global remittance and cross-border payments, Ripple CEO, Brad Garlinghouse, was recently caught with the head of a leading bank in Malaysia, known as CIMB.

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In a bid to change global remittance and cross-border payments, Ripple CEO, Brad Garlinghouse, was recently caught with the head of a leading bank in Malaysia, known as CIMB.Strategically leveraging on Ripple’s blockchain technology has enabled #CIMB to deliver instant cross-border remittances for our customers.

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After an extended period of low price volatility, crypto markets experienced a massive decline yesterday, Nov.According to BitMEX Daily Historical Bitcoin Volatility Index, Bitcoin volatility rate has exceeded the index of seven for the first time since April this year.