XRP Price Analysis for February, 14th – XRP Needs Correction

xrp price analysis and predictionBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, February 14th, the XRP is correcting after the previous robust growth, generally trading at $0.3160. On H4, the growth has sped up for a short while by breaking out the resistance line and reaching the projection resistance line. It should be especially noted that the ascending dynamics have corrected the previous downtrend at 50.0% Fibo. Presently, there is a divergence forming on the MACD which means a pullback is coming. The aim of the pullback may be 38.2% ($0.3010). After the pullback, the next impulse of growth will be aimed at

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Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies

Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for CryptocurrenciesIn a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies. Also read: Russians Can Use Qiwi, Sberbank, Yandex Money […]

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XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash

XRP Price Brought Down 56% in One Candle, Bitmex Traders Outraged Over Flash CrashA number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely liquidated. Also read: Fed Chair […]

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Sologenic Wants to add 10 XRP Validators to the Ripple Network Through a Bounty Program

Many people consider the Ripple network to be completely centralized. That is not the case, as dozens of XRP validators are available at any given moment. Decentralizing a network on the scale of Ripple is no easy feat. Expanding the XRP Ecosystem However, some may argue that this network has less centralization compared to others. There are XRP validators, which act as somewhat of a full network node.  There is always a demand for more validators, but incentivizing people to do so is a different matter altogether.  CoinField wants to add more validators to the network through its own bounty

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Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices

Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale DevicesOn February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than 100,000 Poynt retailers worldwide. Also Read: Ethereum vs Tron: Comparing Data, Defi […]

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