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Here's What Could Be Stopping Ripple's XRP Price From Hitting A New All-Time High

Why This Former Goldman Manager Who Just Purchased XRP For First...

Brenda Ngari -
Circle Blacklists USDC Address Holding $100k in Response to a Law Enforcement Request

Circle Blacklists USDC Address Holding $100k in Response to a Law...

Vincent Mislos -
Why This Asset Manager Believes Chainlink "Will Be Bigger Than Bitcoin One Day"

Why This Crypto Pundit Believes Chainlink “Will Be Bigger Than Bitcoin...

Ponvang Bulus -
Ride-Hailing Startup With Over 550M Users To Conduct First Real-World Test Of China’s Digital Yuan

Ride-Hailing Startup With Over 550M Users To Conduct First Real-World Test...

Brenda Ngari -
Why Charles Hoskinson Believes It’d Be Great For Cardano And Litecoin To Work Together

Why Charles Hoskinson Believes It’d Be Great For Cardano And Litecoin...

Brenda Ngari -
Scoring Milestones: Cardano is One Step Closer to Launching its Shelley Mainnet

Cardano’s Winning Streak Continues As ADA Overtakes Litecoin To Become Seventh-Largest...

Brenda Ngari -
Binance Acquires Visa-Licensed Crypto Debit Card Platform Swipe In Bid To Bridge Crypto With Fiat

Binance Acquires Visa-Licensed Crypto Debit Card Platform Swipe In Bid To...

Brenda Ngari -
China Injects $174 Billion Of Liquidity Into Markets, Here's How It Could Skyrocket The Bitcoin Price

Can China’s Digital Yuan Oust Tether in Asia?

Vincent Mislos -
Showtime For XRP? Ripple Exec Reveals Plans For ODL Remittance Corridor Expansion To APAC And EMEA

Showtime For XRP? Ripple Exec Reveals Plans For ODL Remittance Corridor...

Brenda Ngari -
The Profound Vision of Dash and How It's Racing with Bitcoin in Adoption Rate

The Profound Vision of Dash and How It’s Racing with Bitcoin...

John Kojo Kumi -
Interest In Ripple’s XRP Has “Died Off” While Bitcoin And Ethereum Shine, Says New Research At the beginning of this year, the XRP community had high hopes for the performance of the digital asset. As altcoins rallied, Ripple, the firm behind XRP, experienced a slew of bullish developments that further fuelled the hopes. Unfortunately, this did not create a tide strong enough to lift XRP from the doldrums. New research from Arcane Research suggests interest in XRP cryptocurrency has waned while bitcoin (BTC) and ethereum (ETH) flourish. Interest In XRP Has Dwindled As It Struggles To Recover Since The March Market-Wide Correction An analysis of the performance of the top three cryptocurrencies by Arcane during the first half of 2020 reveals that XRP’s price looks pale since the mid-March market mayhem. BTC and ETH, on the other hand, have posted strong recoveries since then. “Initially, 2020 started out strong for the top 3 coins, but as the markets crashed in March, the three musketeers have seen vastly different growth trajectories. ETH (+75% YTD) and BTC (+27% YTD) have recovered from the Covid-19 crash, while XRP disappoints (-9% YTD).” The research firm also noted that XRP’s performance in Q2 was rather flat as it registered only a 1% gain after losing up to 14% of its already anemic market cap in June alone, while BTC and ETH posted 44% and 70% gains respectively in that quarter. Arcane cites DeFi and ETH 2.0 anticipation as the key drivers of the price of ethereum. For XRP, interest in the fourth-ranked crypto has “died off” as it struggles to recover from the Black Thursday correction, Arcane stated. Moving Forward With XRP Some crypto analysts are worried about XRP sliding further in the near future before reaching a bottom. Crypto aficionado Luke Martin recently postulated that XRP has been plummeting the whole of 2020. The last few months have been pretty wild for large groups of altcoins with a rise in interest, narratives, and volume.One altcoin that usually gives atleast 1 pump during a time like that is $XRP.But not this year...it's been dropping all of 2020.Where's the bottom? pic.twitter.com/RqUlY8iDxc— Luke Martin (@VentureCoinist) July 2, 2020 In response to the question of where the bottom is for XRP, fellow analyst CryptoDonAlt quipped “at 1500 sats”. According to Luke Martin, this worked pretty well in 2017 and this trend could play out the same again – meaning XRP could drop to the said level before a big pump. Others like analyst Nicholas Merten believe there is still hope for XRP in the near-term. As previously reported by ZyCrypto, Merten noted that XRP has been in a descending wedge for more than one year and is likely to be stuck there for a month at the most before breaking out in a massive rally. In the meantime, XRP is valued at $0.186760, with 5.97 percent gains in the last 24 hours.

Interest In Ripple’s XRP Has “Died Off” While Bitcoin And Ethereum...

Brenda Ngari -
Crypto Investors In Limbo As CEO Who Scammed Them Of $16.3 Million Is Declared Bankrupt

Crypto Investors In Limbo As CEO Who Scammed Them Of $16.3...

Nick James -
Charles Hoskinson Spurns Apparent Cardano Scam That Reportedly Pumped ADA's Price

Charles Hoskinson Spurns Apparent Cardano Scam That Reportedly Pumped ADA’s Price

Vincent Mislos -
VISA Head Of Crypto Deconstructs Issues Regarding CBDCs and Effects on Bitcoin Adoption

VISA Head Of Crypto Deconstructs Issues Regarding CBDCs and Effects on...

Steve Muchoki -
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