Bitcoin and most major altcoins are sustaining above their immediate support levels, increasing the possibility that the uptrend will resume.
Founded in 2012 as OpenCoin, Ripple Labs is the software company developing the XRP cryptocurrency and distributed ledger technology alongside a suite of payment protocols for streamlined cross-border settlement for financial institutions.
XRP functions as the bridge currency underlying Ripple’s liquidity and exchange product, xRapid, which provides financial institutions a medium for global value transfer between various fiat currencies.
XRP Ledger is the open-source DLT that provides cryptographically secure, verifiable settlement of the XRP currency. XRP Ledger is not part of Ripple’s suite of proprietary software products, as it is accessible and open to all.
At Cointelegraph, we are chronicling the progress of Ripple Labs (and XRP) as it competes with cryptocurrency protocols and traditional fintech platforms alike.
Ripple’s David Schwartz has revealed that he sold 40,000 Ether at $1 each as part of a risk management plan made with his spouse in 2012.30639
Bitcoin’s strength above the $11,500 multi-year resistance is also pulling many altcoin prices higher.15734
Bitcoin price could achieve a new 2020 high if bulls hold the price above the key multi-year resistance at $11.5K.23906
Bitcoin and select altcoins have broken out of their bullish setups, hinting that further upside could occur through the weekend.19621
The DoJ’s guidance around cryptocurrency enforcement, that cites "crime" and "criminals" 168 times, has been poorly received.5685
Bitcoin and altcoins could remain range-bound for a few days as traders search for triggers that will start the next trending move.18633
Ripple’s executive chairman has slammed U.S. lawmakers for losing the blockchain arms race to China11986
Traders are attempting to kickstart a new trending move in Bitcoin and altcoins by attacking overhead resistance levels.13918
A new blockchain platform aims to get decentralized networks to decarbonize, but challenges remain, due to uncertainty around tokenization11857
The bulls are buying the dips in Bitcoin and a few altcoins, suggesting that investor sentiment remains positive.25760
Will this ultimately prove to be a significant step for mainstream adoption, or a publicity stunt?14864
Bitcoin and a few altcoins continue to push against resistance at higher levels, suggesting that the uptrend may resume soon.13616
Bitcoin and altcoins may hit a few roadblocks in the short-term as they near stiff overhead resistance levels, but the overall trajectory remains bullish.17281
Bitcoin and altcoins rebounded off their critical support levels, possibly creating a path to a new bullish uptrend.19972