Ripple

Tether Unseats XRP As Third-Largest Crypto, Dwarfing Its Volume 25:1

Tether (USDT) has overtaken XRP to become the third largest cryptocurrency by market capitalization, as Ripple fails to gain adoption amongst retail investors. Top 10 Cryptocurrencies by Market Capitalization. Source: CoinMarketCap As for Ripple (XRP), it’s been a race to the bottom, its market cap has collapsed from a high around $130 billion in January …

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Crypto Traders Are Longing ETH (And Not Much Else)

The number of Ethereum (ETH) longs has continued to surge after breaking into all-time highs at the end of March. Despite the broader crypto markets posting price gains alongside Bitcoin (BTC) in recent weeks, the number of open longs remains low for most crypto assets after plummeting during the mid-March crypto market crash. Ether longs …

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UAE Bank Opens Bangladesh Remittance Corridor using Ripple’s Blockchain Tech

United Arab Emirates-based retail and business bank, RAKBank, is expanding its remittance routes using Ripple’s blockchain technology. Ripple, which provides distributed ledger payments products for financial institutions, was selected to help the UAE’s 9th largest bank provide quick cross-border payments in a new Bangladeshi corridor. A partnership, announced Sunday, between Bangladesh-based Bank Asia and RAKBank …

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Tether USDT Surpasses XRP as the 3rd Largest Cryptocurrency

Tether’s (USDT) has just surpassed XRP in market capitalization, becoming the third biggest cryptocurrency in the moments leading into the Bitcoin halving. Sitting with a market cap of $8.79 Billion it is now bigger than XRP, whose market cap is roughly $8.6 billion. USDT is currently second only to Ether (ETH) as the largest altcoin …

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SBI Holdings CEO: Ripple Partners Could Help Pandemic Supply Chain

Yoshitaka Kitao, Chief Executive Officer (CEO) of Japanese financial giant SBI Holdings, has proposed Ripple partner with multinational companies in addition to financial institutions. His recommendation was partially influenced by Japan’s handling of the COVID-19 pandemic. Kitao, also a Ripple board member, talked to reporters gathered for an SBI conference call on April 28. The …

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Price Analysis 5/6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM

Pantera Capital Founder and CEO Dan Morehead is bullish on Bitcoin (BTC) due to the upcoming halving as he believes that “if the new supply of Bitcoin is cut in half, all else being equal, the price should rise”. If history were to repeat itself, Morehead expects the top-ranked cryptocurrency on CoinMarketCap to rally to …

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Ripple Hit with Another Lawsuit Alleging XRP Security Laws Violations

Attorneys for a company called Bitcoin Manipulation Abatement LLC have filed a lawsuit in a U.S. federal district court alleging Ripple misled investors and sold XRP as an unregistered security in violation of federal law.  According to court documents filed May 1, the mysterious entity with little online presence accused Ripple and its Chief Executive …

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Google Profits off Impersonations of Banned Cryptocurrency Celebs and Companies

Cryptocurrency companies are banned on Google but the platform is allowing phishing sites to impersonate them. London-based bitcoin exchange Coin Corner showed that a fraudulent site mimicking it is allowed on Google’s advertising platform though its own evidence-backed appeals of legitimacy to Google Ads have been constantly ignored. Coin Corner marketing manager Molly Spiers says …

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