By CCN Markets: Since late June when the Ripple (XRP) price reached its 2019 high near $0.50, the cryptocurrency has plummeted nearly 50 percent. Currently, XRP is trading at $0.26, and at least one analyst believes it's primed for a major recovery. According to the chief market analyst at ThinkMarkets, Naeem Aslam, the altcoin is "way oversold" and a tremendous value at its current level. I...
By CCN Markets: A Twitter user who goes by the name of @XRPBallzD33p told his followers last month that he was going all-in on his Ripple (XRP) investment. Or to use the parlance of our times, he went BALLZ deep. So deep, in fact, that he took out a loan he couldn’t afford to pay back just in order to get a piece of that XRP pie. As the die-hard Ripple supporter tweeted on July 27th: Just went...
Stock prices were whipsawed in today's session before ultimately managing to finish relatively flat. Leave it to a payments company to lead the broader stock market higher. FleetCor Technologies, which is a Georgia-based payments company, was the single best performer in the S&P 500 index, gaining 8 percent on a day that was making investors very nervous for a while. The payments platform...
Die-hard Ripple fanatics are going “balls deep” in debt to buy XRP, the cryptocurrency associated with Ripple. One Twitter user known as XRP PHOENIX said he’d taken a loan for “way more than [he] can afford to pay back” to fund his crypto purchases. Just went BALLZ deep in $XRP Took out a loan for *way* more than I can afford to pay back I am NOT bragging or flexing here. My aim by staying this...
Ripple CEO, Brad Garlinghouse, and its executive chairman, Chris Larsen, posted an open letter to congress on Sunday asking authorities not to paint their company with a “broad brush”. The executive duo paid careful attention to emphasize that while bad actors exist in the cryptocurrency space, many are, in fact, doing their bit to stay compliant: “Many in the blockchain and digital currency...
