Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Submit Press Release
  • Disclaimer
  • News
  • Ripple (XRP)

XRP Tops Other Digital Assets in Terms of Trading Volume So Far in 2020 –iTrustCapital Reports

Tobi Loba February 21, 2020 2 min read
Singaporean Crypto Exchange KuCoin Lists XRP despite Ripple-SEC Lawsuit

According to iTrustCapital, a trading platform for digital currencies and physical gold, the digital token XRP is so far the best performer among other digital assets in 2020, PRNewswire reported.

The Ripple’s digital token XRP is the 3rd largest cryptocurrency by market capitalization. The token has unique features that might not be found in other digital currencies such as Bitcoin (BTC), the first and largest cryptocurrency.


trade now

The notable features such as fast transaction and bearable transaction fees could have aided its outstanding performance since the start of 2020.

Unlike Ethereum (ETH), Ripple and XRP focus on collaborating with their partners and customers around the world to solve problems related to cross-border money transfer.

Obviously, the process of making payment and transferring assets across borders using traditional networks is expensive, complex and slow.

The introduction of Ripple’s On-Demand Liquidity (ODL) is already serving as a solution to the long-standing problems by making conversion between the sending and receiving assets possible without the volatility risk related to other digital currencies.

Going by the quarterly report published a couple of weeks ago, On-Demand Liquidity (ODL) transactions increased by 650% from Q3 to Q4.

The consistency in XRP liquidity all-time high records on Bitso exchange, BTC Markets, Coins.ph as monitored by the Liquidity Index Bot is a notable indication of constant improvement in XRP transaction across exchanges.

The Economist-in-Residence at iTrustCapital Tim Shaler said, “Trade in fiat currency, so-called Foreign Exchange, or Forex, exceeds $5T per day. It seems some of our clients may be trading XRP digital currency in anticipation XRP will be grafted into the infrastructure of these forex markets. As a trading platform, iTrust Capital has to be totally agnostic in which digital currencies its investor-clients trade; however, there are never coincidences in trading activity. I don’t think it’s a coincidence that we are seeing more clients invest in XRP after seeing the massive increase in Ripple’s ODL transaction volume.”

Trade Now

HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Continue Reading

Previous: Monero (XMR) To Be Listed On Bitrue Exchange
Next: Drug Dealer Loses Codes to Access €53.6M in Bitcoin after Hiding Them With His Fishing Rod

Related Stories

Bitfinex CTO Reveals El Salvador Will Debut Its Bitcoin Bonds This Summer
3 min read
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Mining
  • Crypto Taxation
  • Crypto Trading
  • Cryptocurrency
  • News
  • Regulation

Bitfinex CTO Reveals El Salvador Will Debut Its Bitcoin Bonds This Summer

March 24, 2023
Crypto Community Rally Behind Coinbase Following SEC’s Enforcement Action 
3 min read
  • Blockchain
  • CBDC (Central Bank Digital Currency)
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • News
  • Regulation

Crypto Community Rally Behind Coinbase Following SEC’s Enforcement Action 

March 24, 2023
US Is Bracing Up For Crypto Reform Legislation – Former White House Official
3 min read
  • Bitcoin (BTC)
  • Blockchain
  • Cryptocurrency
  • DeFi (Decentralized Finance)
  • News
  • Regulation
  • Web3

US Is Bracing Up For Crypto Reform Legislation – Former White House Official

March 24, 2023

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$27,665.00
-2.60%
ethereum
Ethereum (ETH)
$1,765.18
-3.22%
tether
Tether (USDT)
$1.01
0.32%
binancecoin
BNB (BNB)
$325.04
-1.56%
usd-coin
USD Coin (USDC)
$1.01
0.28%
ripple
XRP (XRP)
$0.427503
-3.64%
cardano
Cardano (ADA)
$0.361941
-2.61%
dogecoin
Dogecoin (DOGE)
$0.075406
-2.90%
binance-usd
Binance USD (BUSD)
$1.01
0.24%
polkadot
Polkadot (DOT)
$6.08
-4.19%

Recent Posts

  • Bitfinex CTO Reveals El Salvador Will Debut Its Bitcoin Bonds This Summer
  • Crypto Community Rally Behind Coinbase Following SEC’s Enforcement Action 
  • US Is Bracing Up For Crypto Reform Legislation – Former White House Official
  • Ark Invest Increases Its Holdings In Coinbase; Purchases $18 Million Worth Of Shares
  • Ex-Coineone Crypto Exchange Employee Faces Jail Sentence Over $1.47M Bribes
  • Majority Of OKB Holders Are In Profits – On-Chain Analysis
  • Fidelity Expands its Crypto Trading Service to Retail Investors Amid Banking Crisis
  • Ethereum Blockchain Introduces New URL Standard as an Alternative to HTTP Protocol
  • Algorand Foundation CEO Gives Reason For Coinbase’s Move To Halt Staking Rewards 
  • Belgium Regulator Sets To Impose New Crypto Ads Rules
  • What is Bitcoin Dominance and Why Does It Matter?
  • NatWest Imposes a Maximum Transaction Limit on Crypto Deposits
  • ChatGPT Lacks The Accuracy Required For Integration Into Security Review Procedure: Coinbase
  • General Bytes Moves to End Cloud Service Using Cryptocurrency ATM
  • Bitcoin Promises to Hit $1 Million with the Help of Central Bank Policies

Categories

You may have missed

Bitfinex CTO Reveals El Salvador Will Debut Its Bitcoin Bonds This Summer
3 min read
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Mining
  • Crypto Taxation
  • Crypto Trading
  • Cryptocurrency
  • News
  • Regulation

Bitfinex CTO Reveals El Salvador Will Debut Its Bitcoin Bonds This Summer

March 24, 2023
Crypto Community Rally Behind Coinbase Following SEC’s Enforcement Action 
3 min read
  • Blockchain
  • CBDC (Central Bank Digital Currency)
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • News
  • Regulation

Crypto Community Rally Behind Coinbase Following SEC’s Enforcement Action 

March 24, 2023
US Is Bracing Up For Crypto Reform Legislation – Former White House Official
3 min read
  • Bitcoin (BTC)
  • Blockchain
  • Cryptocurrency
  • DeFi (Decentralized Finance)
  • News
  • Regulation
  • Web3

US Is Bracing Up For Crypto Reform Legislation – Former White House Official

March 24, 2023
Ark Invest Increases Its Holdings In Coinbase; Purchases $18 Million Worth Of Shares
3 min read
  • Blockchain
  • Crypto Staking
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • ETF (Exchange Traded Fund)
  • News
  • Regulation

Ark Invest Increases Its Holdings In Coinbase; Purchases $18 Million Worth Of Shares

March 24, 2023
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%