By CCN Markets: Ripple CEO Brad Garlinghouse said it would be a “record week” for Ripple at a conference this week. The cause? Facebook’s Libra cryptocurrency project, which has dominated headlines since its inception and reportedly isn’t ready for general use. P2P Doesn't Scare Me Garlinghouse is reportedly confident that his target market – banks and financial institutions – will now take a...
By CCN Markets: Ripple announced a partnership with money transfer giant MoneyGram today. Two Year Exclusive Agreement, Ripple and MoneyGram According to Ripple Labs, a two-year partnership has been struck with MoneyGram which makes Ripple its exclusive digital assets partner. The purview of Ripple’s use case here might be more limited than expected. It depends on how many of the transactions are...
By CCN Markets: On June 6, author and chartist Peter Brandt (@PeterLBrandt) took to Twitter to share his bullish view on Ripple’s price action. In his tweet, he mentioned two cryptocurrencies flashing bullish signals against Tether US (USDT): Litecoin and Ripple. While he did not specify the targets for Litecoin, he emphasized two target prices for Ripple, which are 0.5688 and 0.6260. Peter...
By CCN Markets: Ripple has announced the launch of operations in Brazil as it prepares to capture a slice of the country’s lucrative remittances market and the South American region as a whole. The enterprise blockchain solutions firm indicated that it made the decision in ‘response to high customer demand in South America’. Ripple’s South American operations will be led by Luiz Antonio Sacco, a...
By CCN Markets: Ripple (XRP) has attempted a pullback after dropping more than 12-percent over the past weekend. The XRP-to-dollar exchange rate established a cycle low of $0.371 on Sunday at 1600 UTC. The downside action pushed XRP's market capitalization to as low as $16.04 billion, down 11.47-percent from its Saturday peak level. At its year's highest, XRP's market capitalization was $19.67...