Connect with us

Ripple

Ripple si espande nelle Filippine in partnership con Novatti

Published

on

Novatti Group si unisce al sistema di pagamento transfrontaliero di Ripple e della sua rete Ripplenet, adottando XRP come valuta. 

Lo ha annunciato Ripple ed è il proseguo di un accordo stretto nel dicembre 2020.

Novatti è un’azienda che si occupa di soluzioni di pagamento. L’accordo tra Ripple e Novatti si occuperà inizialmente degli scambi tra Australia e Filippine tramite il provider iRemit.   

Advertisement

La scelta risponde al fatto che le Filippine sono il terzo paese asiatico per quantità di rimesse grazie ai tanti filippini che dall’estero inviano i loro soldi a casa. Solo nel 2020, nonostante la pandemia, nelle Filippine sono arrivati 33,19 miliardi di dollari da altri paesi. Tuttavia, i costi di commissione e i tempi rendono difficoltoso questo processo.

La partnership tra Ripple e Novatti

Per questo Novatti ha deciso di ricorrere a RippleNet facilitando i sistemi di pagamento, rendendoli anche più scalabili, sfruttando il servizio On-Demand Liquidity (ODL).

ODL garantirà pagamenti transfrontalieri istantanei senza la necessità di prefinanziamento. Infatti per le transazioni transfrontaliere solitamente sono richiesti conti corrente del rimettente e del destinatario nella valuta locale, con conseguenti spese di transazioni, tempi di attesa e nessuna possibilità di controllare lo stato delle transazioni.

Advertisement

Utilizzando XRP si abbattono sia i costi sia i tempi, generando significativi risparmi e in definitiva, rendendo più efficace l’intero sistema.

La mission di Ripple

Per RippleNet si va così ad allargare la rete dei partner e i paesi in cui opera. Al momento infatti Ripple vanta collaborazioni con istituzioni finanziarie di oltre 55 paesi e lavora per espandere ulteriormente sia il suo mercato, garantendo una migliore esperienza.

La partnership con Novatti è un’ottima notizia anche per XRP che allarga i suoi orizzonti.

Advertisement

Nel frattempo il prezzo della criptovaluta oggi è in ritracciamento, con una perdita dell’8% rispetto a ieri. Va detto che questo ritracciamento era atteso, dal momento che Ripple è stata protagonista di una vera e propria scalata che l’ha riportata per la prima volta dopo 3 anni sopra i 2 dollari. Solo in questa settimana, il guadagno messo a segno è di circa il 90%.

È probabile che, crescendo la rete di RippleNet, crescerà anche l’uso di XRP e questo non potrà che avere ripercussioni positive sul prezzo.

News Source

Advertisement

Ripple

XRP Value Tripled Since The SEC Actions, Mike Novogratz Says

Published

on

Mike Novogratz posted an interesting message on his social media account about the price of XRP. Check it out below.

Someone said: “It plummeted over 60% when the case was filed wiping some people out because they panic sold or was forced to sell. That’s ok if it’s b/c the market itself was the cause but it’s not ok when caused by arbitrary SEC overreach.I agree its recovery shows it’s not only tied to Ripple.”

Advertisement

One other commenter posted this: “based on XRP’s utility potential , it should be 50x by now in comparison to slow BTC and high gas fees of ETH. so it just trippled since lawsuit after 80% straight dump where as others are 6X since dec 2020 post ripple lawsuit.”

XRP bullish prediction is out

It’s been just revealed that the crypto market intelligence platform Santiment analyzes key on-chain metrics for XRP that are flashing healthy signals for the coin.

Santiment is addressing XRP’s social volume metric and says discussions involving the sixth-largest crypto-asset all over the internet have been pretty quiet.

Advertisement

Check out what the firm has to say:

“XRP’s social volume saw an uptick, but nothing too crazy like what we observed back in April, where [its] price was parabolic and everyone was just crazy over XRP.”

Santiment continued and pointed out the following as well:

“This lack of interest from the crowd is healthy for now and more so when price keeps inching upwards and social volume remains low, suggesting perhaps the crowd are in disbelief.”

Someone said: “It plummeted over 60% when the case was filed wiping some people out because they panic sold or was forced to sell. That’s ok if it’s b/c the market itself was the cause but it’s not ok when caused by arbitrary SEC overreach.I agree its recovery shows it’s not only tied to Ripple.”

Advertisement

One other commenter posted this: “based on XRP’s utility potential , it should be 50x by now in comparison to slow BTC and high gas fees of ETH. so it just trippled since lawsuit after 80% straight dump where as others are 6X since dec 2020 post ripple lawsuit.”

XRP bullish prediction is out

It’s been just revealed that the crypto market intelligence platform Santiment analyzes key on-chain metrics for XRP that are flashing healthy signals for the coin.

Santiment is addressing XRP’s social volume metric and says discussions involving the sixth-largest crypto-asset all over the internet have been pretty quiet.

Advertisement

Check out what the firm has to say:

“XRP’s social volume saw an uptick, but nothing too crazy like what we observed back in April, where [its] price was parabolic and everyone was just crazy over XRP.”

Santiment continued and pointed out the following as well:

“This lack of interest from the crowd is healthy for now and more so when price keeps inching upwards and social volume remains low, suggesting perhaps the crowd are in disbelief.”

News Source

Advertisement
Continue Reading

XRP

XRP Forecast October 18 — 22, 2021

Published

on

XRP/USD end the trading week at 1.1394 and continue to move as part of the rise and the bullish channel. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the cryptocurrency growth from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support area near 0.9255. Where can we expect a rebound again and a continuation of the rise of the cryptocurrency to the area above the level of 1.8055.

Cryptocurrency XRP Forecast October 18 — 22, 2021

An additional signal in favor of the growth of XRP quotes in the current trading week October 18 — 22, 2021 will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the growth option for the Ripple cryptocurrency will be a fall in prices and a breakdown of the 0.6505 area. This will indicate a breakdown of the support area and a continued fall in XRP/USD quotes with a target below the level of 0.5005. Confirmation of the growth of the cryptocurrency will be the breakdown of the resistance area and the closing of quotations above the 1.3655 area.

Cryptocurrency XRP Forecast October 18 — 22, 2021

Cryptocurrency XRP Forecast October 18 — 22, 2021 suggests an attempt to test the support level near the 0.9255 area. Where can we expect the continued growth of quotations with a potential target at the level of 1.8055. An additional signal in favor of a rise in XRP value will be a test of the trend line on the relative strength index (RSI). Cancellation of the cryptocurrency growth option will be the breakdown of the 0.6505 area. This will indicate a continued decline with a target below 0.5005.

News Source

Advertisement
Continue Reading

XRP

XRP Lawsuit: SEC repeats “privileged documents” argument like a broken record

Published

on

ripple-v-SEC

After hitting face first in the DPP dispute, the SEC has continued to assert its “privileged documents” stance. The latest development in the XRP lawsuit saw the SEC submit a redacted version of the three additional documents requested by Ripple for in-camera review on the public docket. The commission also submitted an explanation for its privilege assertions for all those documents that the plaintiff had either redacted or withheld by logging them as “privileged”.

SEC asserts protection under DPP and irrelevance of documents

The SEC has reinstated its “privileged” stance, noting that the documents are pre-decisional and deliberative, and therefore protected by the deliberative process privilege. The plaintiff claimed that the court should not be disarming the SEC’s privilege because the additional documents along with SEC’s September 14 documents that the commission filed under Appendix A are both protected under DPP, and discovery will further discourage government employees from genuine deliberations regarding crypto regulations. Additionally, the commission asserts that the documents are also irrelevant to both, SEC’s claims, and defendants’ objections.

“The documents on Appendix A, the Additional Documents are protected by the DPP, and the compelled release of these documents would discourage meaningful deliberations among SEC staff relating to regulatory activities in the digital asset space. Moreover, like the Appendix A documents, the Additional Documents are wholly irrelevant to the SEC’s claims or the Defendants’ proposed defenses…None of these documents even comes close to addressing whether Defendants’ offerings of XRP are securities transactions. The Court should not pierce the SEC’s privilege under these circumstances.”

Advertisement

Earlier this month the Court granted Ripple’s September 24 appeal, seeking the addition of three documents by the SEC for in-camera review. These documents include the two documents related to the SEC’s meetings with law firms, along the email trail concerning discussions with a third party who received guidance from the SEC to analyze its digital asset under the framework set forth in Hinman’s June 14, 2018, speech.

Original Source

Advertisement
Continue Reading