Ripple’s XRP Overtakes Ethereum ETH Second Position Amidst Market Plunge

Ripple’s XRP Overtakes Ethereum ETH Second Position Amidst Market Plunge
фото показано с : ethereumworldnews.com

2018-11-15 02:36

XRP USD

Upon Bitcoin‘s [BTC] drop below the yearly lowest, the market follows and deep dives in the red leaving many HODLers speechless as the anticipated breakout went the wrong way. Among all leading coins which are experiencing double digit drops, the speedy XRP is only 8.00% in the red for the last 24-hours, which concluded with the digital asset overcoming Ethereum‘s well cemented second position and stand only behind Bitcoin.

Related to the price-decline, read:

Bitcoin (BTC) Crash! Price Plummets to One-Year Low as Cryptocurrency Market Sees Red

Per time of writing, the pair XRP/USD is changing hands just below the important $0.5000 at $0.4681 which is a similar case for all coins.

Latest Regarding the Leading Coins

Ethereum – During Devcon4 [most important event on Ethereum’s yearly calendar] Ethereum 2.0 or Serenity was mentioned and talked about on various points when it comes to the network’s scalability issue:

“Contains various new radical ideas. Part of it is around a move from Proof of Stake (POS) away from POW. And the other big idea is sharding, so scalability — having a thousand shards compared to just one shard.”

Ethereum 2.0, Pure Casper and Never Seen Before Scalability – Vitalik Buterin

Co-founder of the second largest coin – Vitalik Buterin, spoke about the most anticipated upgrade – Ethereum 2.0 project Serenity during the Ethereum developer conference Devcon 4 in Prague. According to Mr. Buterin, the project encircles various features that the team have been talking and working about for three-four years now.

“…combination of a bunch of different features that we have been talking about for the past several years. We have been actively researching, building, and now, finally getting them all together.”

XRP – During a talk with Bloomberg TV – Brad Garlinghouse, RippleLabs CEO, highlighted that his blockchain based company is able to gain customers at a fast rate relative to the market because financial firms are looking for faster, more modern technology than what is currently offered through entrenched fintech company SWIFT.

“The technologies that banks use today that Swift developed decades ago really hasn’t evolved or kept up with the market…Swift said not that long ago they didn’t see blockchain as a solution to correspondent banking. We’ve got well over 100 of their customers saying they disagree.”

The post Ripple’s XRP Overtakes Ethereum ETH Second Position Amidst Market Plunge appeared first on Ethereum World News.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 0.509 (-0.17%)
Объем 24H $559.588m
Изменеия 24h: -2.27 %, 7d: 1.83 %
Cегодня L: $0.5077 - H: $0.51
Капитализация $28.145b Rank 7
Цена в час новости $ 0.4531 (12.34%)

xrp market ethereum plunge ripple red second

Источник: ethereumworldnews.com

xrp market → Результатов: 126


BlockDAG’s Batch 3 is Here! Historic Keynote Leads to Massive Sellout; Flare Also Surges 43%

In the dynamic cryptocurrency market, Flare is bolstering its ecosystem through strategic actions such as early FLR payouts and burning 66 million tokens, aiming to enhance value and stability. Concurrently, the XRP Ledger introduces Automated Market Makers (AMMs) to provide XRP holders new passive income paths, navigating regulatory complexities.

2024-3-14 19:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Tether CEO slams Ripple chief’s USDT remarks: Here’s what he said

Tether CEO Paolo Ardoino has slammed Ripple CEO Brad Garlinghouse’s remarks that the US government is “going after” Tether (USDT) as mere “FUD.” The Tether CEO also hit back at Garlinghouse as a CEO at the helm of a company currently under investigation by the US Securities and Exchange Commission (SEC). UDST is the world’s […]

SEC files final response in XRP lawsuit, rejects Ripple’s claims

The United States States Securities and Exchange Commission (SEC)  has filed its final response to its ongoing lawsuit against Ripple. According to the filing, the commission has refuted Ripple’s claims that it acted without recklessness in handling the XRP cryptocurrency.…

SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’

The US Securities and Exchange Commission (SEC) appears to be targeting Ripple’s proposed stablecoin in its latest court filing against the crypto company. In its May 7 redacted remedies reply brief, the regulator described the proposed stablecoin as an “unregistered crypto asset” and further evidence that the company will continue to engage in unregulated activities […] The post SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’ appeared first on CryptoSlate.