XRP, the seventh most valuable crypto asset by market value, is currently enjoying high pressure amid recent pullbacks seen in the price of the flagship crypto asset. At the time of writing, XRP was trading at $0.95929 up 38.22% for the day. It was the biggest one-day percentage gain since about 9 weeks ago.
Investors are anxiously waiting for the legal outcome filed against Ripple, creators of XRP, as the digital asset, recorded decent gains amid recent price market correction prevailing at the crypto-verse
The seventh most valuable crypto asset by market capitalization, XRP recently unlocked 1 billion XRP worth about $415 million, from an escrow account.
Since the launch of the first-ever cryptocurrency 12 years ago, several other cryptos have sprouted and now there are thousands of crypto assets in existence. Over the years, crypto assets have proven to be profitable investments. However, with lots of cryptos out there, most of them aren’t worth taking a risk on. There is no doubt that crypto is here to take over the financial industry but it remains a question of which of these digital assets have the best chance of success in the new year 2021. While most…
After taking a 25-day break, Ripple co-founder Jed McCaleb is selling millions of dollars worth of XRP once again. On January 18th, McCaleb sold 28.6 million XRP, which was equal to roughly $8.78 million at the time of sale.
There have been some big shakers in the crypto-verse amid recent sell-offs seen in the fast ever-changing financial market and Polkadot is among them.
Ripple, a leading crypto fintech company, is going forward to bring the XRP Ledger to central banks. Recently, Ripple announced via a job listing site that it was looking to hire three central bank technical partner managers – one for each of its offices in London, San Francisco, and New York.