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Crypto Analyst: Ripple Labs (XRP By Extension) Gaining Stature In Fintech


Ripple Labs Growing Stature In Fintech Pushes XRP Higher

While the broader crypto market, including Bitcoin (BTC), has seemingly been in the midst of a lull, Ripple Labs has seen a tumultuous past few days, as the nascent crypto sector was bombarded with news regarding the San Francisco-based fintech giant, headed by Brad Garlinghouse. These developments quickly pushed XRP, Ripple’s go-to digital asset, through the roof and under the floor in rapid succession, as this market tries to price in the recent influx of news.

Mati Greenspan, eToro’s in-house crypto analyst and a prominent commentator/character in the Bitcoin community, recently made statements on XRP in an interview with CoinTelegraph’s Youtube outlet.

In the video, Greenspan, clad in a spiffy bow tie and spotted shirt, noted that XRP effectively erased the losses it garnered from the week prior (Bitcoin fell by ~$250 in the same time period) just days ago, even quipping that the strong price action was “something to…



Read Full Story : Ethereum World News

2019-02-02 04:30:09

Nick Chong

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