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.

origin »

Ripple (XRP) на Currencies.ru

$ 2.0904 (+0.65%)
Объем 24H $6.258b
Изменеия 24h: 0.60 %, 7d: -6.51 %
Cегодня L: $2.0147 - H: $2.1124
Капитализация $120.01b Rank 4
Цена в час новости $ 0.5149 (305.98%)

xrp price hub liquidity business ripple launched

Источник: coinjournal.net

xrp price → Результатов: 126


Фото:

XRP Price Prediction: XRP To Reach A Project Price Of $5, While This Solana Killer Eyes 20,000% Gains

Finally, the XRP price is eyeing a long-anticipated breakthrough to the $5 mark. With recent market dynamics in play, the XRP price has positioned itself for an increase, but there’s a new player in the spotlight: WallitIQ (WLTQ), a crypto asset that’s gaining attention as a potential “Solana killer.” Analysts […]

2024-11-11 03:00


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


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

XRP volume soars 120% on XRPL meme token KCUP surge

Ripple’s XRP displays recovery signals after significant declines, down 7% lower on the weekly chart. According to Coinmarketcap, the token’s trading volume exploded by 122% to $5. 45 billion within the past 24 hours.

Will XRP price surge in 2025 if the SEC approves Ripple ETF?

XRP price continues to slowly form a bullish pennant chart pattern as expectations of the Securities and Exchange Commission approving a Ripple ETF rise.  Ripple (XRP) price was trading at $2.2 after falling 25% from its highest point this year,…

Why meme coins are fading this cycle: A tale of Bitcoin and the others

Meme coins ranked among the most popular crypto narratives of 2024, creating a divide between crypto tokens. Bitcoin stands out among top crypto tokens with 125% year-to-date gains and the meme coin category, or the “other tokens” hit a key milestone, crossing a market capitalization of $100 billion. 

Coinbase, Ripple bosses see massive wealth surge post Trump’s victory: report

The recent US elections have delivered significant financial windfalls for leaders in the crypto space, with some seeing their fortunes soar by billions. A report by CoinDesk reveals that key players such as Coinbase’s Brian Armstrong and Ripple’s Brad Garlinghouse have experienced massive gains following Trump’s victory.