Kuwait Central Bank Taps Ripple for Blockchain Remittance Service

The National Bank of Kuwait has launched a product they’re calling “NBK Direct Remit,” a blockchain-based product which uses RippleNet for cross-border payments from within the Middle Eastern nation. The initial launch of the product only supports payments to nearby Jordan, but they intend to launch in at least 15 more countries soon. According to …

Crypto Exchange Coinbase ‘Exploring’ Support for Ripple (XRP)

After months of waiting, the hopes and dreams of ripple (XRP) investors may finally be realized — at some point in the near future, anyway. Yes, XRP fans, crypto exchange Coinbase has confirmed that it is exploring adding support for the second-largest cryptocurrency to its platform. The San Francisco-based Coinbase announced the move on Friday …

Nearly Every Major Cryptocurrency is Down at Least 90% from its Peak

Earlier this year, in February, Tom Lee — co-founder of Fundstrat Global Advisors, the first Wall Street strategy firm to embrace bitcoin — opined that the crypto market had turned a corner and would see new highs in July. Nine months and several year-end price target reductions later, cryptocurrency assets remain firmly in the red. …

Ripple Gains 10% in a Market-wide Recovery, Now Second Largest Coin

Twitter Facebook LinkedIn The Ripple market segment witnessed a 21 percent recovery upon establishing a new November low at $0.329. The XRP/USD rate on Monday touched 0.399-fiat in a higher high formation on BitFinex. In the meantime, the coin’s market cap reached close to $15.61 billion, replacing Ethereum to become the world’s second-largest cryptocurrency. Ripple’s …

Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally

Twitter Facebook LinkedIn Bitcoin market dominance has fallen to a monthly low of just over 51% of the overall market capitalization while Ripple and Bitcoin Cash have both rallied multiple percentage points over the past week. Bitcoin’s overall value in the cryptocurrency market is an important barometer in the progress of the space as a …

XRP is ‘Very Clearly Decentralized’: Ripple CEO Brad Garlinghouse

When Securities and Exchange Commission (SEC) Division of Corporation Finance Director William Hinman gave his opinion this summer that ether — the native asset of the Ethereum platform — was not a security under federal law, he listed among his justifications the fact that, although ether was originally distributed through a token sale, it has …

Ripple Market Cap Surpasses $100 Billion as XRP Hedge Fund Goes Live

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The ripple price rose 15 percent on Wednesday, enabling XRP to become the second cryptocurrency to achieve a $100 billion market cap. Ripple Price Surge Raises XRP Market Cap to $100 Billion The ripple price defied expectations throughout 2017, rising nearly 30,000 …

Ripple Becomes First Cryptocurrency After Bitcoin to Surpass $100 Billion

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Ripple has achieved a historic milestone on January 3, becoming the first cryptocurrency after bitcoin to be valued at $100 billion. At press time, the total valuation of Ripple is $121 billion. Up by $19 Billion in 24 Hours Over the past …