Cryptocurrency services firm AlphaPoint is powering a new decentralized exchange, the company announced Monday.
The exchange notably uses XRP as its “base currency,” meaning many of its trading pairs are denominated in the third-largest cryptocurrency by market cap, AlphaPoint CEO Salil Donde said in a blog post.
The exchange further says it will add neo and ADA, among other trading pairs within months.
The news comes just a month and a half after AlphaPoint announced it had successfully raised $15 million in its first round of venture capital funding.
The funds were raised primarily through Galaxy Digital, the cryptocurrency merchant bank launched by billionaire investor Mike Novogratz.
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London Block Exchange, a multi-cryptocurrency exchange dedicated to the UK market, today revealed that the first-ever digital pound sterling, generated on November 12th, was achieved through its partnership with AlphaPoint, the customizable distributed ledger, and.
AlphaPoint, a cryptocurrency firm, officially announced the launch of DCEX on July 30, 2018. DCEX is a decentralized exchange platform aimed at retail and institutional investors and runs solely on blockchain technology provided by AlphaPoint.
Ripple’s developer arm RippleX says the XRP Ledger’s “Permissioned Domains” amendment is nearing its activation threshold, positioning the network to roll out institution-friendly access controls that could underpin a permissioned version of XRPL’s native decentralized exchange.
Key takeaways XRP is trading above $2. 0 after adding 1% to its value in the last 24 hours. If the $2. 0 psychological level holds, XRP could rally towards the $2. 5 psychological region. XRP is approaching the $2.
XRP price is edging closer to losing a key trendline support that has historically served as a strong floor, from which previous rebounds have often begun. According to data from crypto.news, XRP (XRP) price was off to a strong start…
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Expect the XRP price to react to the upcoming markup of the CLARITY Act later this week. This bill seeks to simplify regulation of the crypto industry by separating the roles of the SEC and the CFTC.
XRP price fell 2% to $2. 04 as Bitcoin pulled back towards $90,000. The XRP token jumped to $2. 40 last week, helped by record ETF volumes. Bulls need to defend $2 or risk falling to $1. 80 or lower.