Why Traders Shift From Ethereum And Bitcoin Networks In Droves To XRP

Why Traders Shift From Ethereum And Bitcoin Networks In Droves To XRP
фото показано с : zycrypto.com

2020-5-14 15:29

According to recent research conducted by Ripple, traders swap bitcoin (BTC) and ethereum (ETH) for XRP for their exchange balance transfers. Xpring’s data scientist Shae Wang noted that the recent financial market instability has put cryptocurrencies networks to the test.

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networks bitcoin xrp traders recent ethereum wang

Источник: zycrypto.com

networks bitcoin → Результатов: 126


Report: Traders move to XRP for cross-exchange transactions increase whenever ETH transaction fees surge

An Xpring report on May 13 stated XRP exchanges see increased inflow/outflow volumes whenever Bitcoin and Ethereum networks are hit by surging transaction fees and congestion. Traders move to XRP during crunch While the sample sizes in terms of days were not specified, Xpring notes XRP cross-exchange transactions went up significantly when Ethereum — widely-used […] The post Report: Traders move to XRP for cross-exchange transactions increase whenever ETH transaction fees surge appeared first on CryptoSlate.

2020-5-13 14:30


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Countdown to Block Reward Reduction – 18 Days Until Bitcoin Cash Halving

In 18 days, the Bitcoin Cash (BCH) network will see its next halving as the block reward will decrease from 12.5 to 6.25 coins on or around April 8, 2020. BCH will be the first blockchain out of the top three SHA256 networks to halve as BSV will see a reward reduction two days after […] The post Countdown to Block Reward Reduction – 18 Days Until Bitcoin Cash Halving appeared first on Bitcoin News.

2020-3-21 21:10


Blockchain development platform Chainstack adds support for Bitcoin (BTC)

Chainstack, a fully managed service to create and manage scalable blockchain networks, announced it has added Bitcoin as the latest addition to its multi-protocol line-up. Developers can now make unlimited requests to free gateways to the Bitcoin network via shared Chainstack nodes Developers of applications looking for a large-scale performance can instantly deploy their own dedicated […] CryptoNinjas: Blockchain development platform Chainstack adds support for Bitcoin (BTC)

2019-11-18 16:37


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Why a VPN Is the First Layer You Should Pull On When Browsing the Web

Virtual private networks (VPNs) can be useful for all kinds of things, from streaming foreign sports to protecting your identity from heightened online surveillance. For cryptocurrency users, VPNs are particularly precious, providing access to exchanges that are geo-restricted, and enabling crypto activities to be completed on the web without leaving a privacy-betraying footprint.

2019-10-30 22:30


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FINMA Chief Fears Unregulated Cryptocurrency Offerings, Open to Libra Deployment

Mark Branson, the head of FINMA, is more worried about cryptocurrency networks being developed behind the scenes and scaling to a height where they cannot be stopped. While Libra is open to regulatory collaboration, there are plenty of projects that are being developed in silent and spreading through cyberspace, as per Reuters, October 1, 2019.

2019-10-2 15:00


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Binance to Launch Staking Service for Suite of Cryptocurrencies

Binance has formally announced they will launch a staking service for networks such as NEO, Ontology, Stellar Lumens, and Komodo, September 26, 2019. Staking has been gaining an increasing amount of attention of late as more and more network look at Proof of Stake (PoS) as a replacement for consensus through the energy-intensive Proof ofRead MoreRead More.

2019-9-27 19:00


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XRP Price Set To Soar Past $5.85, Predicts Crypto Analyst

Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5. 85 based on a confluence of technical indicators and chart patterns. Despite recent market stagnation, the analyst highlights several key factors—including the application of Elliott Wave theory—that suggest a significant upward movement is imminent.

XRP Whales Are Depositing To Exchanges: Price To Drop Further?

On-chain data shows the XRP whales have been making deposits to exchanges recently, something that could be bearish for the asset’s price. XRP Whales Have Made Several Large Moves In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, several large moves have been spotted on the XRP network during the past day.

XRP Bullish Signal: Shark & Whale Population Sharply Growing

On-chain data shows the total number of sharks and whales on the XRP network has seen a sharp increase recently, a sign that could be bullish for the asset’s price. XRP Sharks & Whales Have Witnessed Their Count Go Up Recently According to data from the on-chain analytics firm Santiment, the shark and whale wallets have registered a notable jump over the past five weeks.

XRP Whales Go On $84 Million Buying Spree: Rally To Continue?

On-chain data shows the XRP whales have participated in a large accumulation in the past week, which could be bullish for the asset’s price. XRP Whales Bought More Than 140 Million Tokens Over The Past Week As explained by analyst Ali Martinez in a new post on X, the XRP whales have increased their supply share recently.

XRP & Litecoin See Social Media FOMO: Bad Sign For Prices?

Data shows that users on social media are overwhelmingly showing FOMO towards XRP and Litecoin, something that could be a bearish sign for their prices. Weighted Sentiment Has Spiked For Both XRP & Litecoin Recently According to data from the analytics firm Santiment, LTC and XRP are among the coins that have seen an improvement in sentiment following the recent price recovery.