An XRP army has started a petition demanding that Ripple stop selling (dumping) XRP on the market. The problem seems to be the fact that Ripple is dumping XRP in large quantities on a quarterly basis. Ripple holds a large amount of XRP and the company has been selling it off to inflate volume data…
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Ripple has onboarded a new partner to its RippleNet platform - Xendpay. The company is based in the UK and provides remittance services. The new partnership allows Xendpay to join international markets such as Malaysia, Vietnam, Bangladesh, Indonesia and other. Xendpay was created in 2012 with the main purpose of transferring money in a cheap…
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The Financial Conduct Authority (FCA), UK’s primary regulatory watchdog, has finally recognized Ripple’s XRP token in a similar fashion as it has for Bitcoin (BTC) and Ethereum (ETH). The latter two crypto coin systems had already been classified as being an exchange or utility token, as opposed to being deemed a security and then subject…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for August 14, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, Since landing in California last week, it's become very clear to me how quickly the retail landscape…
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Multi-asset liquidity and prime-of-prime service provider Advanced Markets Group just announced that it has added cryptocurrency CFDs to its expansive suite of tradeable products. The company's CFD offering now includes trading in Bitcoin, Bitcoin Cash, Ether, Ripple, EOS, NEO, Stellar and Litecoin, providing clients with direct access to diverse and exciting new markets. LeapRate reminds…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 18, 2019. The text below is an excerpt and does not contain the full analysis. No doubt everyone wants to read about two major updates in the crypto market. Facebook has released some much-anticipated…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 12, 2019. The text below is an excerpt and does not contain the full analysis. Pressure has been building over the last few days and by this morning tens of thousands of protestors were…
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Ripple is not wasting its time when it comes to global expansion. The company has just opened a new office in Brazil - a strategic move that will help Ripple support their ever growing client base South America. The new office will enable all regional customers be closer to the San-Francisco-based startup. Ripple has already…
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Retail forex broker FXCM Group, LLC today announced that it has expanded its cryptocurrency offering with the addition of Bitcoin Cash (BCH/USD) and Ripple (XRP/USD). After successfully launching crypto CFDs in 2018, FXCM has seen its retail clients continue to add cryptocurrencies to their portfolios. Having launched three other cryptocurrencies (Bitcoin, Ethereum, Litecoin) in the past…
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Despite the fact that the cryptocurrency market is up and going in 2019, Ripple has not had a very bright start of the year. The thing is that Ripple has not managed to increase its value to a support level of $0.32 and has declined massively against the USD and BTC. According to analysts, the…
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