Hope Rises Among XRP Proponents for a Significant Upswing Amidst Crypto Market Expansion

Hope Rises Among XRP Proponents for a Significant Upswing Amidst Crypto Market ExpansionIn the last week, XRP experienced a 19.9% increase in its value against the U.S. dollar, reaching a peak of $0.744 per coin on March 11, 2024. Its price has since retreated a hair, now trading at $0.685 per XRP. Although the digital currency’s market results haven’t captured as much attention as bitcoin and ethereum, […]

Go to Source

Ripple Locks 800 Million XRP In Escrow Amid Surge In Whale Activity

The cryptocurrency community was abuzz with speculation on Thursday as Ripple, the 6th largest cryptocurrency by market capitalization, made headlines.  Two significant whale transactions and the locking of 800 million XRP in escrow by Ripple captured the attention of crypto enthusiasts worldwide. According to data from the blockchain tracker Whale Alert, a staggering 867.6 million XRP was on the move, sparking intense interest. Of the total XRP transferred, 800 million tokens found their way into escrow at Ripple, a move aimed at securing and stabilizing the token’s supply. Meanwhile, 67.6 million XRP made their way to various cryptocurrency exchanges (CEXs),

The post Ripple Locks 800 Million XRP In Escrow Amid Surge In Whale Activity appeared first on The Merkle News.

Go to Source

Ripple Teams Up with Onafriq To Alter African Remittance

Ripple, a pioneer in blockchain-based payment solutions, has produced a significant partnership with Onafriq, a fintech company, with a vision to establish novel remittance corridors among Africa and key regions such as the Gulf Cooperation Council (GCC), the Unified Kingdom, and Australia. Leveraging Ripple’s innovative payment technology, this joint effort sets out to address normal challenges in cross-border payments, including delays and costly fees, possibly upsetting the remittance landscape in Africa. We’re proud to announce that our partner @Onafriq will utilize Ripple Payments, our crypto-enabled payments technology, to open up three new payments corridors between Africa and the rest of

The post Ripple Teams Up with Onafriq To Alter African Remittance appeared first on The Merkle News.

Go to Source