Ripple News Today – Xpring is Ripple’s subsidiary, which was created a few years ago to further Ripple’s endeavors and goal of revolutionizing the global financial world. Xpring has received a lot of accolades over the years. Last year, the Xpring arm of Ripple was recognized as one of the few organizations that are improving remittance in developing countries. The most recent was the recognition of America’s leading business magazine, Fast Company. Yesterday, Fast Company published its annual World Changing Ideas Awards.
In the latest list published by Fast Company, Xpring wasn’t mentioned as one of the finalists as a company that has promoted global remittance. However, Fast Company listed it as one of its honorable mentions. Also, a Sydney-based startup, Inventia Rastrum, has chosen Xpring as one of the winners of its contest. The company is known for its 3D printing and creating human-like cells.
XRP (XRP) Price Today – XRP / USD
In other news, the price of Ripple XRP has suddenly gained momentum moving above the all-important $0.20. You will recall that the price XRP has been struggling to test $0.20 for days. Toward the end of trading yesterday, the token suddenly gained momentum as buyer confidence increased. The surge in the price of XRP propelled the rest of the market into a bull run. At the time of writing, the price of Ripple XRP is trading at $0.214437. It is up by 7.77% against the USD and up by 5.51% against the price of Bitcoin BTC. The trading volume over a 24 hour period is $2,744,507,842 and the market capitalization is $9,459,445,900. It’s not clear why the price of Ripple XRP is rising against the USD. If the bulls continue to push forward, the XRP token will test another important resistance at $0.23 paving the way for the rise to $0.28.
Just yesterday, the popular cryptocurrency analyst Peter Brandt said that XRP is a scam. This isn’t the first time that he is saying negative things about XRP but this is the first time that he is calling it an outright scam on Twitter. He said that XRP is now losing its community members to LINK. Keep in mind that this doesn’t mean that Brandt supports LINK, it simply means that he hates XRP more.