SBI Remit to Start XRP-Based Remittance Service in Philippines, Vietnam, and Indonesia This Month. SBI Remit, a subsidiary of SBI VC Trade, the crypto-focused arm of SBI Japan, has revealed its strategic move towards revolutionizing international remittance services. In particular, SBI Remit is partnering with Ripple and SBI Ripple Asia to launch international remittance services…
Santiment’s on-chain and research tools will allow users to easily access metrics used by Ripple. Blockchain analytics platform Santiment has launched a dedicated set of tools for crypto users to easily monitor the metrics of Ripple’s XRP and XRP Ledger (XRPL) assets. The new service will give investors access to a cohort of services beyond…
XRP failed to retain the gains picked up on the back of the lawsuit victory, underperforming against the top crypto assets in August with a 26% decline. XRP’s ordeal began a few days after the sudden price spike witnessed on July 13. The asset slid into a consolidation phase after a mild correction in July….
Ripple Labs Singapore takes legal action against GCC Exchange, alleging the defendant’s failure to fulfill payment obligations regarding XRP transfers. The Singapore arm of Ripple Inc., Ripple Labs Singapore Pte Ltd, has filed a lawsuit against GCC Exchange, a United Kingdom-based fintech company. According to a report from Law360, Ripple Singapore contends that GCC Exchange failed…
The Shibarium network has seen multiple key developments after the Shiba Inu development team relaunched the layer-2 scaling network. The continued adoption of the blockchain has led to growth in crucial metrics such as transaction count, wallets, and more. Transaction Count As The Crypto Basic reported, Shibarium achieved a remarkable milestone by exceeding one million…
Binance has expanded XRP support by pairing the cryptocurrency with a newly introduced stablecoin. Binance, the world’s largest crypto exchange by 24-hour trading volume, has expanded its support for XRP. Per an announcement today, Binance will extend XRP spot trading support by adding the XRP/FDUSD pair to its platform. Notably, the XRP/FDUSD pair will open for…
Prominent analyst shares elaborate XRP analysis on three different timeframes, envisioning a potential slump to $0.28 before a surge to $1. Poseidon, a notable crypto analyst, recently shared an in-depth analysis of XRP on the daily, weekly, and monthly timeframes. The elaborate analysis envisions a potential slump to $0.28, followed by a rally to $1…
New statistics showcase the concentration of voting power within Cardano’s Project Catalyst, demonstrating significant imbalances between large and small ADA holders. A mere 1.5% of wallet holders control over half of the total voting power. Most wallet holders with 1M to 5M ADA disproportionately influence the system. The bottom 50% of wallets barely register, holding…
Within the fascinating and dynamic world of crypto, investor shifts become apparent as they favor Pomerdoge (POMD) over established players Polygon (MATIC) and ApeCoin (APE). The cause of this shift can be attributed primarily to the sluggish movements of ApeCoin and Polygon and the explosive growth potential of Pomerdoge. In this article, we will explore…
In a significant move that could reshape the landscape of cryptocurrency adoption, X has obtained a license necessary to offer cryptocurrency payment services within the United States. This development has sparked discussions about the potential implications for various tokens, including Chainlink (LINK), Aave (AAVE), and Everlodge (ELDG). Join the Everlodge presale and win a luxury…