XRP Archives - Page 2 of 8 - Cryptolifedigital

XRP Adoption Expands: Major Businesses Now Accepting XRP Payments

18Aug

By OLAJIDE SAMUELNo Comments

XRP News

XRP Adoption Expands: Major Businesses Now Accepting XRP Payments

In a significant development for the cryptocurrency community, BitPay, a leading cryptocurrency payment service provider, has highlighted a growing list of businesses across various sectors that are now accepting XRP as a means of payment. This move not only enhances the utility of XRP but also demonstrates the increasing acceptance of cryptocurrencies in mainstream commerce. Here's a comprehensive overview of the businesses that have embraced XRP payments: https://twitter.com/BitPay/status/1692234255458296281 Precious Metals Brokers Embrace XRP Payments Auragentum GmbH, based in Germany, and APMEX (American Precious Metals Exchange) from the United States are among the notable precious metals brokers that now acknowledge XRP as a valid form of payment. Additionally, Sharps Pixley, a ...

Cryptocurrency Analyst Predicts Promising Trajectory for XRP Amid Market Fluctuations

17Aug

By CryptolifedigitalNo Comments

XRP News

Cryptocurrency Analyst Predicts Promising Trajectory for XRP Amid Market Fluctuations

Amidst the volatile cryptocurrency market, a pseudonymous cryptocurrency analyst going by the name "Irish red crypto on X" has captured attention with a bold prediction for XRP. The analyst's insights, shared on a now-renamed platform, hint at a potentially promising trajectory for the digital asset, XRP. The prediction has ignited discussions among traders and enthusiasts, raising anticipation for the future of cryptocurrency. The analyst projects XRP spike In a recent tweet, the analyst expressed a bullish outlook for XRP, highlighting the possibility of a rise in its market dominance back to 13%. This surge, if realized, would catapult XRP's market capitalization to approximately $169 billion, resulting in a valuation of $3.30 per XRP token. However, the prediction goes beyond these n...

Ripple’s Entry into Derivatives Market Sparks Enthusiasm and Skepticism in XRP Community

8Aug

By Cryptolifedigital2 Comments

XRP News

Ripple’s Entry into Derivatives Market Sparks Enthusiasm and Skepticism in XRP Community

The XRP community is abuzz with excitement and scepticism following reports of Ripple's entry into the International Swaps and Derivatives Association (ISDA). This development has triggered discussions about the potential implications of Ripple's involvement in the derivatives market on the price of its native token, XRP. Dig Perspectives, a prominent figure within the XRP community, recently took to Twitter to express his enthusiasm about the possible opportunities that Ripple's entry into the derivatives market could unlock for XRP. In a tweet, he highlighted a projection that suggested XRP's price could surge to an astounding $1,896.23 per token. However, this ambitious projection comes with its fair share of scepticism and caution. Read Also: Binance Reveals Updated Proof of Rese...

Binance Reveals Updated Proof of Reserves (PoR) Report, Shows Growing XRP Holdings Among Customers

7Aug

By OLAJIDE SAMUELNo Comments

XRP News

Binance Reveals Updated Proof of Reserves (PoR) Report, Shows Growing XRP Holdings Among Customers

In a bid to maintain transparency and assure its customers of their asset safety, Binance, the world's largest cryptocurrency exchange, has released its latest Proof of Reserves (PoR) report. The report, audited on August 1, 2023, at 00:00 UTC, provides a detailed overview of the exchange's cryptocurrency holdings, with a significant focus on XRP. Binance PoR shows its XRP net balance is 2.8 million According to the updated PoR report, Binance currently holds an impressive net balance of approximately 2.8 billion XRP, indicating a strong position in the popular cryptocurrency. Notably, this marks an increase from last month's balance, which stood at approximately 2.69 billion XRP. This growth demonstrates Binance's ability to adapt to market dynamics and meet the demands of its ever-grow...

Wells Fargo, a Global Bank, Predicts XRP to Reach $500 within 2-5 Months

3Aug

By CryptolifedigitalNo Comments

XRP News

Wells Fargo, a Global Bank, Predicts XRP to Reach $500 within 2-5 Months

In a major announcement today, Wells Fargo, a renowned global bank, has issued a bold prediction for the digital asset XRP. The bank's analysts foresee a remarkable surge in the cryptocurrency's value, forecasting it to hit an astonishing $500 per XRP within the next 2 to 5 months. Wells Fargo Expresses bullishness towards XRP Wells Fargo's optimistic outlook on XRP comes as a result of several key factors that they believe will drive the cryptocurrency's growth. One of the primary catalysts for this predicted surge is Ripple's continued efforts in fostering strategic partnerships with financial institutions worldwide. The recent adoption of Ripple's cross-border payment solutions by various banks and remittance service providers is expected to fuel demand for XRP, thereby propelling its...

Ducati Roars into Web3 with XRP Ledger Partnership, Unveiling NFT Digital Collectibles

25Jul

By OLAJIDE SAMUELNo Comments

XRP News

Ducati Roars into Web3 with XRP Ledger Partnership, Unveiling NFT Digital Collectibles

Italian motorcycle giant Ducati has accelerated into the world of web3, announcing a groundbreaking collaboration with Web3Pro and XRP Ledger (XRPL) to introduce a series of exclusive digital collectibles in the form of Non-Fungible Tokens (NFTs). This strategic move aims to drive real-world adoption of blockchain technology while offering Ducati enthusiasts an immersive experience into the brand's captivating journey. Read Also: Bloomberg Strategist Mike McGlone Reiterates $100,000 Bitcoin Price Prediction Despite Potential Dip https://twitter.com/DucatiMotor/status/1682087851641454592 Scheduled for release on July 26, the first collection of NFTs will be a limited-edition video compilation showcasing the evolution of Ducati logos on motorcycles from 1946 to 2023. The compilation...

VP of Business Development at HeightZero, Sean Waters, Reveals his Longstanding XRP Investment Journey in Recent Interview with Uphold

18Jul

By Adaralegbe Tosin MNo Comments

XRP News

VP of Business Development at HeightZero, Sean Waters, Reveals his Longstanding XRP Investment Journey in Recent Interview with Uphold

In a recent interview with Uphold, the US-based trading platform known for its favourable stance on XRP, Sean Waters, Vice President of Business Development at HeightZero, shared insights into his journey as a cryptocurrency investor. Waters disclosed that his initial foray into cryptocurrencies began with the purchase of XRP, a digital asset associated with Ripple, and he has held onto his XRP holdings since then, choosing not to sell. Read Also: Whales Accumulate Trillions of SHIB as Shiba Inu Dominates Ethereum Whale Portfolios https://twitter.com/UpholdInc/status/1680949109564354563 Waters Initial XRP Investment Acts as Catalyst for Deep Dive into Cryptocurrency Waters explained that his introduction to cryptocurrencies occurred towards the end of 2019 or early 2020 when he dec...

XRP Trading Volume Surges to $10.4 Billion Following Ripple vs. SEC Ruling

17Jul

By Adaralegbe Tosin MNo Comments

XRP News

XRP Trading Volume Surges to $10.4 Billion Following Ripple vs. SEC Ruling

In a recent ruling favouring Ripple Labs in the highly anticipated Ripple vs. SEC case, XRP, the digital asset associated with Ripple, experienced a significant surge in trading volume. On July 13, XRP's trading volume reached an impressive $10.4 billion. While this figure may seem substantial, it ranks as the 76th largest daily trading volume recorded on CoinMarketCap (CMC) for XRP, highlighting the immense potential of the cryptocurrency. Read Also: LUNA Rebels Launch Campaign to Restore LUNC to $119, Advocating for Token Value Recovery Leonidas, the host of the popular crypto YouTube channel XRPArcade, noted this recent surge in XRP trading volume and emphasized its historical context. In a tweet, Leonidas acknowledged the $10.4 billion spike in volume while pointing out that it f...

XRP Price Targets and Growth Potential Outlined by Prominent Influencers and Analysts

6Jul

By OLAJIDE SAMUELNo Comments

XRP News

XRP Price Targets and Growth Potential Outlined by Prominent Influencers and Analysts

In a recent series of tweets, well-known influencer Crypto Assets Guy provided a set of price targets for XRP, emphasizing the importance of maintaining realistic expectations within the XRP community. Crypto Assets Guy outlined several milestones and events that could potentially drive the price surge of XRP in the future. Crypto Assets Guy Predicts XRP Price to $3.50 According to Crypto Assets Guy, the first significant price target for XRP is $3.50, which could be reached following a settlement announcement. This suggests that the resolution of ongoing legal issues surrounding Ripple could have a positive impact on the price of XRP. The influencer then mentioned that the relisting of XRP on US exchanges could further propel the price to $5. Read Also: Binance Welcomes Verge (XVG) a...

XRP Live On Shuffle Announces $5,000 Raffle For Community Enthusiast

3Jul

By Daniel AbangNo Comments

XRP News

XRP Live On Shuffle Announces $5,000 Raffle For Community Enthusiast

XRP is live on Shuffle as the network has been adopted by the betting platform, starting a launch promo with the announcement of a $1,000 for-one winner aiming to get 5 winners over the week. The reception of XRP keeps on soaring regardless of the SEC's cases — in its claim against Ripples— that the asset is an unregistered security. Shuffle, a crypto-upheld outlet that allows betting online and owned by Natural Nine B.V. also, authorized by the Authority of Curaçao, has started a support action to help XRP. In a report on Twitter on Monday, XRP has been conformed into the Shuffle betting platform. Thus, users can store XRP on the platform from partnered wallet providers to bet on supported sports, games, and live gambling clubs. https://twitter.com/shufflecom/status/1675798066727...