XRP

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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Coil Creators Can Now Receive Payouts Using Uphold Wallets

Digital payment platform Uphold has announced a partnership that allows Coil creators to be able to select the platform as their wallet provider to receive payments in over 50 currencies. Coil is a service that provides alternative methods for content producers to monetize their work online. “The ability to pay for [their] app subscriptions, news …

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XRP TipBot Rescued From Dutch Regulations Through Partnership With Uphold

XRP TipBot, a service enabling users to transfer XRP to each other via comments on Twitter, Reddit and Discord, has been saved from the threat of extinction at the hands of new regulations in the Netherlands. In a May 14 blog post, developer Wietse Wind explained that the “personal hobby project” had been at risk …

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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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Mexican Companies Launch Crypto Donation Platform For People Impacted by COVID-19

Mexican cryptocurrency exchange, Bitso, joined forces with the crowdfunding platform, Donadora, to launch a crypto-based donation system. The platform will help gather funds to buy food for the most vulnerable families affected by the COVID-19 crisis. According to a report published by El Heraldo de México on May 15, each pantry delivered will be worth …

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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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Ripple Co-founder Jed McCaleb Sold 54 Million XRP in April

Analyzing known wallets for Ripple co-founder Jed McCaleb shows he sold off at least 54 million XRP between April 1-30.  According to a May 2 report by TheCryptoAssociate based on data from McCaleb’s known addresses, the Ripple co-founder appears to be liquidating his supply of tokens on a regular basis. Data shows that the wallet …

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