Tag: Ripple

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Ponzi

Autopsy of the Bitconnect Implosion: Ponzi, Centralization, Governance

Autopsy of the Bitconnect Implosion: Ponzi, Centralization, Governance Ponzi lending smart bot scam Bitconnect finally did what most sane observers predicted long, long ago. It went splat. And it didn’t collapse due to government pressure, nor flurries of bad press, and certainly not from DDoS hacking attacks. The story is more of a ballad, a…
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January 19, 2018 0

Ripple and Stellar Lead the Way as Crypto Market Shakes Off Rout

Ripple and Stellar Lead the Way as Crypto Market Shakes Off Rout Cryptocurrencies have witnessed a “V” shaped recovery in the last 24 hours, with Ripple (XRP) and Stellar (XLM) leading the way among top 10 currencies. As of writing, XRP is trading at $1.57. The world’s third-largest cryptocurrency by market capitalization has appreciated by…
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January 18, 2018 0
Altcoins

Crypto Bloodbath Leaves Altcoins Swimming in a Sea of Red

Crypto Bloodbath Leaves Altcoins Swimming in a Sea of Red Anyone glancing at their Blockfolio app on Tuesday morning would have been in for a rude awakening. With every single cryptocurrency drowning in a sea of red, newcomers could have been forgiven for feeling a little queasy. A drama-filled day, dominated by negative news from…
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January 17, 2018 0
XRP

Ripple XRP Price Drops to 2.5-Week Low, Eyes Sideways Trading

Ripple XRP Price Drops to 2.5-Week Low, Eyes Sideways Trading Ripple’s XRP token fell to a 2.5-week low today, and is looking at a more or less sideways movement in the short-term, chart analysis suggests. The world’s third-largest cryptocurrency by market capitalization fell to the low of $1.23 at 09:54 UTC today before regaining a little…
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January 16, 2018 0
MoneyGram

MoneyGram to Pilot Ripple’s XRP Token

MoneyGram to Pilot Ripple’s XRP Token International money-remittance firm MoneyGram is partnering with Ripple to test the startup’s XRP token for international payments. According to a press release, MGram will test Ripple’s xRapid service due to its claimed speed and cost efficiency. The release noted that XRP transaction fees are significantly less than those of the…
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January 11, 2018 0
South Korean

Panic selling on South Korean exchange raids

Panic selling on South Korean exchange raids Traders in Asia have a huge influence on cryptocurrency markets. So much so that when news comes out of South Korea of police raids on exchanges and a possible all-out crypto ban the markets take a nose dive. Two of the largest exchanges in the country and the…
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January 11, 2018 0
Xapo

Xapo President: Bitcoin is Most Sound Money in Crazy ICO and Altcoin Mania

Xapo President: Bitcoin is Most Sound Money in Crazy ICO and Altcoin Mania Ted Rogers, the president at Xapo, one of the most widely utilized bitcoin wallet platforms in the global cryptocurrency market, firmly emphasized that bitcoin is still the most sound money in the market. Bitcoin is the Reserve Currency of Cryptocurrency Market Over…
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January 10, 2018 0
Litecoin

Litecoin lifts from long slumber

Litecoin lifts from long slumber The start of this year has been nothing short of epic for cryptocurrencies with the majority of them surging for the first couple of days of January. One favorite from last year however remained asleep and even fell a little while the rest were on fire. Litecoin has finally awoken…
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January 6, 2018 0
Ripple

Ripple Eyes Retreat After Record Price Highs

Ripple Eyes Retreat After Record Price Highs Ripple’s XRP token may have found a short-term top and there’s potential for a sustained pullback in prices, price charts suggest. As per data source OnChainFX, the world’s second largest cryptocurrency by market value is down 15 percent from a record high of $3.84 set yesterday. Over 24 hours,…
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January 5, 2018 0
Ripple XRP

Ripple XRP: The influence of Exchanges

Ripple XRP: The influence of Exchanges On December 29th Ripple soared by more than 55% to reach an all time high of $2.23 implying a market cap of more than $86 billion which was well-over Ethereum’s $73 billion at the time. Coverage seems to be infiltrating mainstream media now, with Ripple even getting a mention…
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January 4, 2018 0