XRP Inches Closer to $0.5, Can It Hit $1 By June?

2019-5-27 10:53

XRP is now targetting the $0.5 price level following the recent report of Ripple’s partnership with Siam Commercial Bank, Thailand’s largest bank. By the time of writing, XRP was trading at $0.41 with a market capitalization of $17.3 Billion.

SCB is the latest financial institution to announce plans to incorporate Ripple’s underlying technology. The bank confirmed the development through Twitter. The financial institution stated that using Ripple’s blockchain technology will be immediate. However, the bank hinted that it will be incorporating the XRP token soon.

The latest partnership is expected to have a positive impact on Ripple’s price in 2019. Most specifically, XRP will be seeking to end the year above the $1 mark.

At the moment, the Ripple team is working hard to improve the network as it positions itself to be the main facilitator of cross border payments among financial institutions.

Over the last one month, the value of XRP has spiked by 21%. The third-ranked cryptocurrency once hit a 2019 high of $0.47 after dipping to $0.28. In the first quarter of 2019, XRP has shown slow growth after being affected by a few hiccups.

Despite the setbacks, Ripple’s price is on an upward trajectory.  With increased partnerships, Ripple is expected to cross to new heights. In 2019, XRP is already showing signs of steadily hitting the $0.5 mark considering the fact that it has surpassed this year’s all-time high of $0.38.

Among the notable partnerships propelling XRP is the collaboration with Tata Consultancy Service, Indian Multinational IT service provider.  Additionally, TCS’s Quartz blockchain solution started working with RippleNet.

Before the SCB partnership was made public, Ripple was already working with the platform. Elsewhere, XRP has also been incorporated with WooCommerce, Gmail and Microsoft Outlook.

In general, Ripple is gaining popularity among banks as they start using DLTs to speed up their systems and reduce costs. For some time now, a number of banks have been considering the use of Distributed Ledger Technologies (DLTs).

On May 22, it emerged that XRP payments had reached the highest point since the 2017 bull run.

According to a chart released by Ripple, XRP payments was 104,653. This is a little lower than its all-time high of 118,756 attained back in 2017. It is important to note that, during that period the value of most cryptos was surging against the United States dollar.

The post XRP Inches Closer to $0.5, Can It Hit $1 By June? appeared first on ZyCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 0.5117 (-0.04%)
Объем 24H $723.378m
Изменеия 24h: -1.29 %, 7d: -3.59 %
Cегодня L: $0.5098 - H: $0.5201
Капитализация $28.374b Rank 7
Цена в час новости $ 0.4241 (20.66%)

xrp bank closer ripple inches june hit

Источник: zycrypto.com

xrp bank → Результатов: 126


Фото:

Японский банк поддержал подъем Ripple XRP

XRP является сегодня ведущей криптовалютой, если говорить о приросте рыночной капитализации. За последние 24 часа она выросла на 9% на фоне поступательного роста и других криптоактивов. Аналитики связывают это со сделкой по сотрудничеству, в рамках которой второй по величине банк...

2020-4-29 18:05


Siam Commercial Bank goes back on its word; says it has ‘no plan on using XRP’

One of Thailand’s oldest banks, Siam Commercial Bank, made news after it previously hinted at the use of XRP token, via a tweet from their official Twitter handle. However, the tweet was deleted a few hours later, with the bank later issuing another statement which said that SCB will not be using XRP, as of […] The post Siam Commercial Bank goes back on its word; says it has ‘no plan on using XRP’ appeared first on AMBCrypto.

2019-6-7 17:00


Euro Exim Bank Will Start Using XRP for Cross-border Payments in Q1 2019

XRP continues its successful path to mass adoption as the ultimate token for interbank transaction processing. After multiple tests and announcements by several banks and payment processors, Euro Exim Bank of London finally announced that it will use XRP and Ripple’s xRapid software in a matter of weeks and before the end of Q1 this […] The post Euro Exim Bank Will Start Using XRP for Cross-border Payments in Q1 2019 appeared first on Ethereum World News.

2019-1-13 09:48


Платежные блокчейн-системы и криптовалюты наступают на пятки SWIFT

Согласно недавним сообщениям Ripple, ее корпоративная платежная сеть RippleNet будет насчитывать 200 участников после того, как к ней присоединились 13 финансовых компаний. В числе новых пользователей названы JNFX, SendFriend, FTCS, Euro Exim Bank и другие.

2019-1-11 19:27


Фото:

Гендиректор Ripple заявил критикам, что банки перейдут на XRP. Компания привлекла уже 200 клиентов

Как сообщает CCN, 13 новых финансовых учреждений начали использовать блокчейн Риппла при помощи RippleNet. Благодаря этому общее число клиентов компании официально перевалило за две сотни. Финтех-приложения и банки вроде Euro Exim Bank, SendFriend и JNFX интегрировали RippleNet для поставки ликвидности...

2019-1-10 14:20


Фото:

London-Based Bank Endorses XRP as Ripple Announces New Customers

Ripple announced on January 8 the addition of 13 new financial institutions to the company’s much-talked-about blockchain remittance system, RippleNet. More than 200 Customers Now on RippleNet Namely, Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND, and Rendimento become the latest organizations […] London-Based Bank Endorses XRP as Ripple Announces New Customers was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-1-9 17:29


Фото:

Euro Exim Bank Endorses XRP as Ripple Announces New Customers

Ripple announced on January 8 the addition of 13 new financial institutions to the company’s much-talked-about blockchain remittance system, RippleNet. More than 200 Customers Now on RippleNet Namely, Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND, and Rendimento become the latest organizations […] Euro Exim Bank Endorses XRP as Ripple Announces New Customers was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-1-10 17:29


Euro Exim Bank будет проводить трансграничные платежи криптовалютой XRP

И как обычно, во главе всего стоит компания Ripple, которая заинтересовала Euro Exim Bank и ряд платежных компаний осуществлением платежей при помощи XRP. Теперь, после того, как Ripple предоставила банку возможность стать участником сети RippleNet, проблемы с медленными и высокозатратными переводами останутся в прошлом.

2019-1-10 17:28


Лондонский Euro Exim Bank готов использовать XRP для трансграничных платежей

Лондонский Euro Exim Bank стал первым лицензированным европейским банком, заявившим о намерении использовать криптовалюту Ripple (XRP) для проведения трансграничных платежей. Вместе с 12 другими кредитно-финансовым учреждениями, среди которых представлены сервисы денежных переводов SendFriend, Transpaygo, Pontual/USEND, JNFX, ConnectPay, WorldCom Finance, BFC Bahrain, FTCS, GMT, банк Ahli Bank of Kuwait и компания Olympia Trust Company он присоединился к сети RippleNet. […]

2019-1-9 11:50


XRP Community Gets Excited about Ripple’s Potential in The Federal Reserve’s ‘FedPayments’ System

In a recent tweet uploaded by Bank XRP, a popular XRP and Ripple supporter shared a few videos with representatives of different companies and agencies talking about the payment industry. In the first video, Dave Sapenaro, the First Vice President and COO of the Federal Reserve of St. Louis, said that there are hundreds of […]

2019-1-5 21:25


Nano Founder Blasts XRP Cryptocurrency Saying Ripple’s Too Centralized and Slow for Bank Use

Ripple has made waves in the past two years. Since their arrival on the scene three years ago, the Ripple company has experienced a lawsuit, massive gains, massive losses, and major acquisitions. Even the crypto winter of 2018 has apparently been busy for the company, with the organization’s leaders coming forward nearly every month with […]

2018-12-23 05:58


Newsflash: Prime example why EOS is centralized and not a blockchain while Ripple technology has a new interested party considering joining their network

Biggest Japanese bank to explore Ripple’s technology Ripple’s cross-border payment solutions, powered by the XRP cryptocurrency, have seemingly gotten another party interested to explore them. The party in question, MUFG Bank (and its subsidiary Banco MUFG Brasil S.

2018-11-11 13:39


Will Ethereum (ETH) Or Ripple (XRP) Cryptocurrency Services Ever Be Adopted By Banks?

There are several blockchain projects in the cryptocurrency market. Two of the most important ones are Ethereum (ETH) and Ripple, which uses the XRP virtual currency for some of its products. Ripple, represented by the XRP virtual currency, grew around 13% in the last days after rumors regarding a bank that wants to use Ripple’s […]

2018-11-8 13:21


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ripple’s Latest Move Bolsters It As A Digital Asset Custody Provider

Ripple is transitioning into a full-service digital asset custody provider, following its acquisition of Metaco, a Swiss-based leader in the sector, for $250 million in May 2023. This development represents a significant expansion of the fintech’s capabilities into the institutional crypto custody market—a segment that is expected to experience substantial growth over the next decade. […]

SEC Takes Another Stab At Ripple In Its Final Brief: Details

The Securities and Exchange Commission (SEC) has submitted its remedies reply brief in its ongoing legal battle with Ripple Labs, accompanied by supporting exhibits. This filing marks a pivotal moment in the litigation as it is the final brief before Judge Torres will make her remedies ruling.

XRP Lawsuit: SEC Counters Ripple’s Motion To Strike – A Detailed Analysis

In the XRP lawsuit, the Securities and Exchange Commission (SEC) has countered Ripple Labs’s recent motion to strike the declaration of SEC summary witness Andrea Fox. The agency’s filing asserts that the testimony is permissible as summary evidence under federal law, not requiring expert disclosure as claimed by Ripple.

Ripple Replaced XRP With USDT For US Clients, Here’s Why

In yesterday’s court filing opposing the US Securities and Exchange Commission’s (SEC) motion for remedies and final judgment, Ripple disclosed significant changes to its On-Demand Liquidity (ODL) operations in the United States.

Ripple’s 3-Year Growth Strategy Unveiled By CEO Garlinghouse

In an interview with FOX Business, Ripple CEO Brad Garlinghouse detailed the company’s ambitious plans for growth over the next three years, highlighted by the launch of a US dollar-backed stablecoin and a strategic expansion in international markets amidst ongoing regulatory challenges in the United States.