XRP price jumps after Ripple’s business liquidity hub launch

2023-4-14 17:05

At press time, XRP was trading at $0.5281, up 3.53% in the last 24 hours. The XRP price has been soaring in correlation with Bitcoin’s (BTC) price. Ripple has today launched a business liquidity hub.

Today’s launch of the business liquidity hub by Ripple Labs has added impetus to the already bullish XRP price. Over the last 30 days, the XRP price has risen by more than 40%.

The splendid performance comes even as Ripple continues to defend itself in the ongoing case with the US SEC, which most believes is almost coming to a conclusion although no deadlines have been given by the court.

Ripple’s business liquidity hub

The newly launched business liquidity hub will allow businesses to access liquidity for digital assets from various cryptocurrency exchanges, over-the-counter (OTC) marketplaces, and market makers across the world. The hub will integrate different solutions to help businesses access and manage liquidity across the various platforms.

Business corporations will be able to leverage cryptocurrency liquidity and an expansive payout network to power treasury operations, payments, and other needs.

The liquidity hub, which had been in pilot test since last year, will seamlessly bridge the gap between crypto and fiat systems. It uses advanced technology to get the best crypto assets rates thus eliminating the need for pre-funded capital positions with multiple liquidity platforms. This helps businesses cut their tied-up capital thus allowing them to efficiently manage their resources.

The liquidity hub will be a round-the-clock service thus making digital assets transaction management flexible and fast while allowing businesses to effectively track their funds.

Cryptocurrencies available in the business liquidity hub

Interestingly, the business liquidity hub does not currently support XRP token. It supports five cryptocurrencies, including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), and Bitcoin Cash (BCH).

The absence of Ripple (XRP) has sparked a fierce reaction from the Ripple community though many believe it is because of the ongoing case against the US SEC that argues that XRP is a security, not a cryptocurrency.

The post XRP price jumps after Ripple’s business liquidity hub launch appeared first on CoinJournal.

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xrp price hub liquidity business ripple launched

Источник: coinjournal.net

xrp price → Результатов: 126


Seasoned Trader Eyes $35 For XRP, Says It’s Not As Crazy As It Sounds

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Related Reading: Floki Inu Warning: Analyst Says ‘Prepare For The Crash’ – Details Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable.

2024-10-29 18:00


XRP Price Growth: Analyst Breaks Down The Movements And Why It’s So

The reason behind the stagnant XRP price growth has remained a mystery, with many crypto analysts pointing to legal disputes and market volatility as key factors holding back its momentum. However, even during favorable market conditions and after gaining legal clarity following multiple Ripple Court wins against the United States Securities and Exchange Commission (SEC), XRP has still failed to experience a notable upward surge.

2024-10-16 23:00


XRP Price Set for Explosive Rally, Analyst Shares Timeline

XRP is getting close to a crucial level, and experts expect an upcoming breakout. Analyst EGRAG CRYPTO tweeted that XRP is likely to swing s in price during the next 15 to 30 days.  Complementing a thorough chart, the tweet highlighted important levels of support and resistance, therefore suggesting possible price targets for the short […] The post XRP Price Set for Explosive Rally, Analyst Shares Timeline appeared first on CaptainAltcoin.

2024-10-16 22:30


XRP Price Set To Reach $40 As Dogecoin’s Price Readies To Move 10,000% To $10

A recent analysis by a crypto analyst identified as ’Steph The Crypto’ is riling up the Ripple (XRP) community, as the analyst predicts a rapid surge in XRP’s price to $40. This pump could potentially place Ripple (XRP) in competition with top cryptocurrencies like Dogecoin, and ETFSwap (ETFS), both expected to experience explosive gains— Dogecoin […] The post XRP Price Set To Reach $40 As Dogecoin’s Price Readies To Move 10,000% To $10 appeared first on CaptainAltcoin.

2024-9-18 16:00


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