Monday, January 20, 2020
No menu items!
  • News
  • Cryptocurrency
  • XRP News
  • Contact Us
More

    XRP Liquidity Attains All-Time High on Bitso Exchange

    Must Read

    Purchase Gift Cards With XRP on BitPay with New Support Launching – Tony Gallippi Confirms

    Ripple’s digital token XRP has got a new means for expansion in the world of payment with the new...

    Binance Futures to Launch Stellar Lumens (XLM) Against Tether (USDT) Perpetual Contract

    Binance has a couple of hours ago announced that the Binance Futures will launch Stellar Lumen (XLM) Against Tether...

    Just in: Bitcoin Breaks Above $9,000 Resistance

    The moment most traders and investors in the cryptocurrency space are waiting for has again resurfaced as Bitcoin, the...
    Tobi Loba
    Tobi Loba
    Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to fulfill her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.




    The third-largest cryptocurrency by market capitalization has been making a host of improvements over the past weeks. A few days ago, the digital currency topped the investment round on Bitso, the largest Latin American cryptocurrency exchange based in Mexico. XRP has recently attained another on the same crypto exchange, by recording new all-time high in terms of liquidity.

    It was reported 2 weeks ago that the liquidity of Ripple’s digital token XRP was on the verge of surpassing its all-time high. This indicates that there has been a continuous flow of transaction of XRP on Bitso exchange, particularly in Mexico.

    Janna One Trick reported this on Twitter. Back then, she related that there has been an increase in the volume of XRP transaction on the crypto exchange. On the exchange, XRP liquidity attained its all-time high sometimes in August 2019, which was preceded by a distinct drop, but later embarked on the course, recording new all-time high.

    XRP Liquidity Attains All-Time High on Bitso

    As earlier mentioned, XRP transaction has been up and doing in Mexico’s Bitso, and its consolidation has made the digital currency reach a notable height once again on the exchange.

    It was again hinted via Twitter by Janna One Trick. This time, the update is about XRP’s record of a new all-time high in terms of liquidity. Janna captioned a chart that connotes the new record attained.

    Ripple Tops Investment Round on Bitso

    As XRP liquidity soars on Bitso, Ripple, the blockchain tech that oversees the distribution of the cryptocurrency also replicated the current performance of the digital token a few days ago.

    As reported, Ripple, the cross-border payment giant topped the funding round at Bitso exchange. This is the reflection of Ripple’s quest to lead across the board, which extends to other continents of the world.

    The report shared on Twitter by XRP Research Center reads thus: “Ripple participates as lead investor in Bitso‘s latest funding round.” This is so plausible when comparing the performance of its digital token XRP.

    Situation of Digital Currencies in the Market

    Things are really falling apart in the cryptocurrency market presently. The bears have got the better of the market, leaving virtually all coins, including Bitcoin (BTC) and Ripple’s XRP in a terrible situation.

    In a very short interval, Bitcoin lost its most important supports, recording huge price deficits. At the time of filing this report, BTC is trading at $7,503.06, with relatively 8% price plummet in the last 24 hours.

    Ripple’s XRP also shared in the unfavorable market situation by failing to hold ground on the supports it once maintained. Over the last 24 hours, XRP has lost about 9% of its price. The digital currency is now trading at $0.269433.

    All other top digital currencies in the market have noticeably undergone price losses. The major reason behind this significant correction has not been ascertained. However, some crypto analysts had earlier predicted such price action for Bitcoin.


    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    Purchase Gift Cards With XRP on BitPay with New Support Launching – Tony Gallippi Confirms

    Ripple’s digital token XRP has got a new means for expansion in the world of payment with the new...

    Binance Futures to Launch Stellar Lumens (XLM) Against Tether (USDT) Perpetual Contract

    Binance has a couple of hours ago announced that the Binance Futures will launch Stellar Lumen (XLM) Against Tether (USDT) (XLM/USDT) Perpetual Contract. According to...

    Just in: Bitcoin Breaks Above $9,000 Resistance

    The moment most traders and investors in the cryptocurrency space are waiting for has again resurfaced as Bitcoin, the first and largest digital currency...

    Cardano PoS Upgrade, One of the Most Awaited Crypto Development in 2020

    There are awaited developments in the cryptocurrency space in 2020. But some are more prominent than others due to the magnitude of the task...

    Ripple Seals Partnership with Bitkub to Enhance Cross-Border XRP Transactions

    Ripple, the cross-border payment company based in the United States has sealed many partnerships in the course to serve as a major solution to...

    More Articles Like This