XRPL Monitor has tweeted that over the past twenty-four hours, the blockchain decacron Ripple has moved 39.5 mln XRP, part of it was sent to the wallet of its former CEO Chris Larsen. Meanwhile, the Ripple co-founder Jed McCaleb, who left in 2013, is cashing out another XRP lump. Ripple wires almost 40 mln Read more…
The blockchain heavyweight is in need of a senior product manager to bring its Xpring division to global developers A recent job post for a Senior Product Manager at Ripple subsidiary, Xpring, indicates Ripple’s continued push to create a global ecosystem with the use of blockchain payment tools. The job Read more…
Ripple Labs Inc. and its CEO Brad Garlinghouse have fired back at plaintiffs in an ongoing lawsuit against them, claiming the investors can’t prove the company lied about XRP’s utility. The defendants claim that while XRP tokens weren’t being used to settle financial transactions in 2017, Ripple Labs and Garlinghouse Read more…
The number of accounts holding more than one million XRP has increased by 3.7% with 30 new whales appearing over the last two weeks, according to Santiment’s holder distribution chart. These investors now hold between $240,000 and $2.4 million in XRP each, which has contributed to upwards pressure on price. Read more…
XRP-centric peer-to-peer payment platform Payburner, which claims to be the next-generation XRP wallet for payments of goods and services, has announced the launch of a new instant global payment platform. According to a release by the payment wallet, the beta version new release comes with support for features like PayID network Read more…
The key cryptocurrency pairs collectively opened higher and then strengthened to start the new week. Bitcoin (BTCUSD) broke the 10,000 mark four times and recorded 10,200, for an intraday increase of more than 3%; Ethereum (ETHUSD) opened higher at 310.01 and recorded a rise of more than 5% to 326.60; Litecoin (LTCUSD) opened higher at 46.93 and rose Read more…
Ripple’s XRP has failed to spark interest among investors because of the downward price action it has experienced over the past two years. However, the international settlements token is currently testing a key resistance barrier that may break and allow it to reach higher highs. XRP Looks Poised to Breakout Read more…
The South Korean government has announced a 20% tax rate for income generated from cryptocurrency trading. Following a Tax Development Review Committee meeting on July 22, the Ministry of Economy and Finance published its revised tax code detailing the new rules. In a section headed, “Taxation on Virtual Asset Transaction Income,” the Read more…
XRP/USD is changing hands at $0.1985. The coin attempted a move above $0.2000 during early Asian hours but failed to hold the ground amid low trading activity. At the time of writing, XRP/USD is moving within a short-term bullish bias, mostly unchanged both on a day-to-day basis and since the Read more…
Ripple CEO Brad Garlinghouse said he considers China ahead of the U.S. as both countries wade the regulatory waters of the burgeoning crypto space. As part of the Chamber of Digital Commerce’s Parallel Summit on July 17, Garlinghouse expressed admiration for China’s approach to the crypto space. “In some ways I’m in Read more…