XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

The use of distributed ledger tech (DLT) for transborder payments is increasing among various Central Banks around the globe. The recent bank to embrace blockchain technology in the remittance field is the National Bank of Egypt (NBE).

National Bank of Egypt Plans to Use Ripple Blockchain to Improve Remittance Speed

In the last bearish impulse, XRP fell and found support above $0.90 low. The bears retested the $0.90 support twice but could not continue the bearish run.

Ripple in Bearish Run, Faces another Rejection at $1.25

Egypt is in the top five nations globally in terms of remittance flows from ex-pat communities.

Egypt's Largest Bank Joins Ripple Network for Cross-Border Payments

Following its recovery above the $1.00 support, Ripple has been in an upward move. Since May 1, XRP upward moves have been stalled below the $1.70 resistance zone. Buyers have not been able to sustain the bullish momentum above the recent high.

Ripple Struggles below $1.70 Resistance, Lacks Buyers at Higher Price Levels

One of the most widely-followed crypto traders on Twitter says that Ripple's native asset XRP is providing a prime trading opportunity, as he anticipates breakouts in two more altcoins. In a series of tweets, the pseudonymous analyst known as Kaleo posts his technical analysis for XRP, telling his 296,000 followers that the chart is looking […] The post Top Trader Says XRP Looks Incredible, Predicts Big Breakouts for Two Altcoins appeared first on The Daily Hodl.

Top Trader Says XRP Looks Incredible, Predicts Big Breakouts for Two Altcoins

XRP holders are petitioning the U.S. Securities and Exchange Commission (SEC) head Gary Gensler to terminate the lawsuit against digital payments giant Ripple. Crypto and Policy founder Thomas Hodge has successfully obtained 30,000 signatures on a petition requesting that the SEC drop its lawsuit against Ripple in which the regulatory agency accuses the firm of […] The post XRP Holders' Petition To End SEC Lawsuit Meets Required Number of Signatures appeared first on The Daily Hodl.

XRP Holders' Petition To End SEC Lawsuit Meets Required Number of Signatures

Stellar

XRP and Stellar are performing admirably on an otherwise lazy Sunday.

XRP Price Rises 17%, Stellar Sets All-Time High

Cardano

Polkadot

Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have actually done well after […]

As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains

Ethereum

Bitcoin Cash

Litecoin

Zcash

Closely-followed analyst Credible Crypto is naming the seven assets that he picked up during the latest marketwide correction. In a new tweet, Credible Crypto asserts that some of the larger market cap altcoins continue to look strong during the abrupt correction, without any dramatic price decreases. According to the trader, the dip provides a prime […] The post Top Analyst Says He's Loading Up on Ethereum, XRP and 5 Altcoins Amid Widespread Market Correction appeared first on The Daily Hodl.

Top Analyst Says He's Loading Up on Ethereum, XRP and 5 Altcoins Amid Widespread Market Correction

Since the last bearish impulse on May 12, the downward move has been stalled above the $1.25 support level. The current support has been tested by the bears on more than three occasions but was repelled.

Ripple Is in a Downward Correction above $1.25 Support, Unable to Push Above $1.40 High

Yes, that's right – Phemex has reconsidered its position regarding the XRP controversy and has decided to lift the ban. Due to high demand by crypto trading enthusiasts, XRP is back. Phemex has also listed eight new coins that proved to have incredible potential. All of them will be available for spot trading against USDT and […] The post XRP Is Back on the Phemex Crypto Exchange appeared first on The Daily Hodl.

XRP Is Back on the Phemex Crypto Exchange

Melissa Netram joins a growing list of regulators and government officials who are jumping into crypto. The post Lobbying firm linked to Ripple, Facebook hires former CFTC chief innovation officer appeared first on The Block.

Lobbying firm linked to Ripple, Facebook hires former CFTC chief innovation officer

Today, Ripple rebounded above $1.37 support as the altcoin resumed a fresh uptrend. The market has risen to a $1.45 high at the time of writing.

Ripple Consolidates Above $1.35 Support as Sellers Push to the Downside

Bitcoin

Chainlink

A high-profile crypto strategist and trader is keeping a close watch on five crypto assets that he believes are gearing up to blast off into the stratosphere. In a new tweet, the trader known as Smart Contracter tells his 136,500 followers that Bitcoin (BTC) is almost ready to break out of its three-month consolidation above […] The post Top Trader Unveils Bullish Targets for Bitcoin, Ethereum, XRP, Chainlink, and 1inch appeared first on The Daily Hodl.

Top Trader Unveils Bullish Targets for Bitcoin, Ethereum, XRP, Chainlink, and 1inch

Digital payments giant Ripple is disclosing that it increased the sales of its native asset, XRP, during the first quarter of this year. In a blog post, Ripple says that its sales of XRP in the first quarter nearly doubled relative to the last quarter of 2020 due to the surging customer demand for its […] The post Ripple Ramps Up Sales of XRP, Says Whales Are Quietly Accumulating appeared first on The Daily Hodl.

Ripple Ramps Up Sales of XRP, Says Whales Are Quietly Accumulating

Dogecoin

Crypto analyst Alex Saunders is tracking the path ahead for Dogecoin (DOGE) and XRP, predicting that both are headed for drastic moves. The analyst who called Bitcoin's February plunge from $58,000 to under $45,000 is issuing a warning to all DOGE holders. In a conversation with Ticker News, Saunders discusses the effect that Elon Musk […] The post Here's What's Next for Dogecoin and XRP, According to Analyst Who Called Bitcoin's Big Correction appeared first on The Daily Hodl.

Here's What's Next for Dogecoin and XRP, According to Analyst Who Called Bitcoin's Big Correction

With the dismissal of several of the crypto class action lawsuits, observers are now looking closely at the SEC's case against Ripple Labs. For the first time there is a defendant who can make good on its promise to take the case to the U.S Supreme Court.

What Will The Ripple Effect Be In The Crypto Space?

Since May 1, Ripple's upward move has been facing stiff resistance at the $1.70 resistance zone. Today, XRP is declining after its rejection from the resistance zone. This may cause the altcoin to decline.

Ripple Faces Stiff Resistance at $1.70 High as Bears Attempt to Sink XRP to $1.00 Low

Ripple has reported a nearly 100% increase in XRP sales for Q1 2021 despite its ongoing legal battle with the U.S. SEC. The post Ripple's XRP sales increased nearly 100% in Q1 2021 despite SEC lawsuit appeared first on The Block.

Ripple's XRP sales increased nearly 100% in Q1 2021 despite SEC lawsuit

Ripple's latest motion accuses the U.S. Securities and Exchange Commission (SEC) of acting against investor interest – the opposite of its mission to protect investors. The SEC filed a lawsuit against Ripple in December of 2020, alleging the San Francisco startup sold XRP as an unregistered security for years. Ripple's lawyers are now filing a […] The post Ripple Says XRP Investors Should Be Allowed to Participate in Landmark Crypto Lawsuit appeared first on The Daily Hodl.

Ripple Says XRP Investors Should Be Allowed to Participate in Landmark Crypto Lawsuit

A veteran trader who accurately predicted Bitcoin's collapse in January of 2018 says he was too critical of those who support XRP. Peter Brandt once called the crypto asset a scam, but he now tells his 484,000 followers on Twitter that XRP traders have proven him wrong.  “Ran into the available character limit. I've been […] The post Peter Brandt Says He Was Wrong About XRP, Warns ‘Come to Jesus' Moment Coming to Crypto appeared first on The Daily Hodl.

Peter Brandt Says He Was Wrong About XRP, Warns ‘Come to Jesus' Moment Coming to Crypto

Popular trader and analyst Credible Crypto says the second-largest and the fifth-largest crypto assets are set to rally in a similar fashion to Bitcoin. In a series of tweets, Credible Crypto first says that Ethereum is following the script laid out by Bitcoin when it tripled in price after breaking through the 2017 high. “Remember […] The post Ethereum and XRP To Follow Bitcoin's Meteoric 500% Rise, Says Trader Credible Crypto appeared first on The Daily Hodl.

Ethereum and XRP To Follow Bitcoin's Meteoric 500% Rise, Says Trader Credible Crypto

Quick Take With Ripple's legal troubles in the background, the firm's CTO David Schwartz is focused on improving its payments network. According to Schwartz, recent technical improvements to Ripple's XRP Ledger will help make the system a better alternative to certain cross-border payment systems.

Under the shadow of the SEC, David Schwartz has been tinkering with Ripple's payment tools

The crypto payments firm has also named a new CFO.

Ripple Adds Former US Treasurer Amid SEC Lawsuit

For the past week, Ripple has been in an upward move as the altcoin rallied to a $1.60 high. Buyers are facing penetration difficulty at the $1.60 resistance.

News for XRP Crypto (XRP)