2019-1-2 13:31 |
Whales have moved around $755 million worth of XRP over the previous 2 weeks. The market is currently testing… The post Ripple Slips Into 3rd Position As Whales Move Around $755 Million Worth of XRP appeared first on Invest In Blockchain. origin »
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XRP price moved into a correction after falling by over 15% from its highest level this year despite the encouraging Ripple news. Ripple (XRP) token dropped to $2.0520, much lower than the year-to-date high of $2.4. Its market capitalization has…
US Senate debate over a bill called the Clarity Act has reignited discussion about XRP and other crypto products, and how they might be treated under US rules. Related Reading: Ethereum Staking Hits Record Levels As Buterin Urges Builders To Deliver Real Apps Reports have disclosed that the bill could give clearer status to tokens that back US-listed ETFs, moving them closer to commodity-style treatment.
XRP has become the default trading chip of South Korea, bypassing Bitcoin and Ethereum to dominate the country’s high-velocity retail market. While institutional capital worldwide typically gravitates toward Bitcoin as a store of value, South Korean trading patterns tell a different story.
For a market that usually moves in one direction, some voices are starting to say this time might look a little different. Canary Capital CEO Steven McClurg said XRP could move on a different path from Bitcoin this year, pointing to enterprise use cases as a key reason.
The Ripple token, XRP, is currently facing a price drop, even though activity from large holders, or “whales,” on Binance has slowed down. Data from [...]
XRP price is on track to drop for two consecutive weeks as it pared back the gains it made earlier this year.