With Ripple’s XRP posting significant gains today, things could be looking up. XRP just scored a new listing on top-50 cryptocurrency exchange WhiteBIT paired with BTC and USDT.
Things Looking Up for XRP?
Ripple’s XRP suffered a catastrophic 2019 as the worst-performing of the top 10 coins last year, finishing the year at less than 20 cents a coin. But, in 2020, XRP seems to have followed the trend of most major coins.
It started out recovering slowly, then gaining momentum before suffering the extreme market volatility in March. Now, at still just below 30 cents, XRP is looking promising with an 8.49% gain over the last 24 hours.
What’s driving XRP’s recovery? Well, likely several factors, but a new exchange listing will certainly be helping. This weekend, WhiteBIT exchange released the announcement that XRP would be joining its exchange.
Good news! $XRP is joining our exchange! It is paired with BTC and USDT. pic.twitter.com/eI9XoSAbcj
— WhiteBIT (@WhiteBit6) April 4, 2020
Launched in Dec 2018, WhiteBIT has a solid European base. It offers low trading fees at 0.1% and both crypto to crypto and crypto to fiat transactions. It also holds required European Exchange and Custody licenses, and allegedly meets all KYC and AML requirements.
Traders on this exchange can enjoy instant transactions, have the possibility of staking USDT while making up to 9% interest. The exchange also offers a number of trading tools and additional features. WhiteBIT also has margin trading listing as “coming soon” and with the popularity of XRP futures, this could bring in more customers.
RippleNet Tech Continues to Make Waves
Despite fears of central bank digital currencies threatening Ripple’s payment technology, Ripple Labs continues to find new use cases for its RippleNet technology.
With more than 300 partners including Money Gram, American Express, and Santander bank, RippleNet has been gaining traction.
It has recently added the Southeast Asian market to its growing list signing partnerships with major remittance institutions in Thailand.
Lawsuits and controversial dumping issues aside, a new listing is a bullish sign for XRP which will hopefully see a better performance in 2020.
What do you think is driving the XRP market today? Let us know in the comments below!
Images via Shutterstock, Twitter @WhiteBit6 origin »
Ripple has secured expanded regulatory approval in Singapore, strengthening its payments business in Asia just as XRP whale activity surges across spot markets. The move arrives during a challenging week for XRP’s price, but on-chain data suggests institutional-scale traders remain active.
A debate over the XRP Ledger’s (XRPL) economy model has ignited after Ripple’s Chief Technology Officer (CTO), David Schwartz, directly addressed questions about taxation on the blockchain. Critics have suggested that if XRP holders do not earn from the ecosystem, someone must be collecting a tax.
Key takeaways XRP is down 11% in the last seven days and risks dropping below $2.0 soon. The bearish performance comes despite the recent launch of the spot XRP ETF. XRP continues to underperform XRP, the native coin of the Ripple ecosystem, faced intense selling pressure at key support levels in recent days, as the […]
The post Ripple price forecast: Will XRP reclaim $2.5 soon? appeared first on CoinJournal.
XRP price remained in a bear market this week despite the strong launch of the first Ripple token exchange-traded fund in the United States. Ripple (XRP) was trading at $2.26 today, Nov. 15, down sharply from the year-to-date high of…
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Friday morning opens on the crypto market with Bitcoin breaking $105,000, Ripple closing a $1 billion treasury deal, XRP losing ground and Binance pressed by regulators in France.
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Ripple’s XRP is trading above the $2. 40 support after failing to build on its momentum on Monday. The volatile performance comes following Friday’s massive market crash, with traders expecting further volatility in the near term.
Ripple strategist urges buying XRP now. We examine the call and why PayDax’s PDP, a utility-driven DeFi and RWA token, is being named as a rotation beneficiary.
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The XRP price prediction narrative is heating as XRP eyes a fresh breakout with renewed ETF momentum. While Ripple’s native token is making waves, another project is stealing headlines: Remittix (RTX).
Key Takeaways
Why is Ripple's CTO quitting?
He will remain with the team in an advisory role to have more time with his family.
How did XRP react?
XRP's price slipped after the update, but it raThe post All about Ripple CTO's exit and the impact on XRP's price appeared first on AMBCrypto.
The price of Ripple (XRP) is in the spotlight once again, with the argument among buyers whether Ripple can push towards the $5 mark in 2025. While it has been a veteran in blockchain payments for long, XRP has also been competing with newer projects to fill the same space. This has set the rumor […]
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Key Takeaways
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Независимый блокчейн-детектив, известный под псевдонимом ZachXBT, рассказал, что криптовалюта XRP компании Ripple Labs остается непопулярной на фоне успехов других крупных альткоинов — даже несмотря на завершившиеся судебные споры Ripple с американскими властями.
Settlement confirms XRP is not a security in the US. Analysts see potential for a BlackRock XRP ETF. Bitcoin maximalists renew criticism of XRP. Ripple’s multi-year legal battle with the US Securities and Exchange Commission reached a decisive conclusion this week, triggering a sharp rally in XRP’s price and trading volume.
Семилетняя судебная сага между Комиссией по ценным бумагам и биржам США (SEC) и Ripple официально завершена. Обе стороны отказались от дальнейших апелляций, оставив в силе ключевое решение суда, согласно которому токен XRP не является ценной бумагой при продаже на вторичном рынке.
Key takeaways
Ripple and the SEC have officially ended their legal battle, locking in a $125 million penalty and banning certain institutional XRP sales. XRP price rallied on the news, driven by legaThe post Ripple vs.
Chris Larsen, the co-founder of Ripple, is once again in the spotlight after reports and on-chain data revealed he has been selling large amounts of XRP. According to research highlighted by Crypto X AiMan in a new video, Larsen has moved an estimated $344 million worth of XRP to exchanges since the start of 2025, […]
The post Ripple’s Co-Founder Is Selling XRP appeared first on CaptainAltcoin.
The long war between Ripple and the SEC is sputtering to an end, changing everything for XRP's future.
It all started in December 2020 when the agency accused Ripple of selling XRP as an illegal seThe post Where will XRP be by 2030? appeared first on AMBCrypto.
Ripple (XRP) has hit a new all-time high just a few days ago, and now the price is looking to its next direction, which could be a retracement or a continued bullish move. Some may wonder if it is still worth buying XRP again at this time based on all that is happening.
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