Ripple News Today – MoneyGram Gets 16.6 Million XRP Tokens From Ripple As XRP Holds the $0.22 Support – May 6th, 2020
发布时间：2020-05-07 09:13:44 发布人：TokenString
Ripple News Today – Ever since MoneyGram partnered with Ripple in June 2019, both firms have reportedly enjoyed mutual benefits from the partnership. However, it would appear that MoneyGram for the better part of the deal. According to the latest Ripple news, MoneyGram has received over 16.6 million XRP tokens as an incentive from Ripple. The tokens were sent as compensation to MoneyGram for using the solutions provided by RippleNet.
Ripple News Today – Is Ripple Bribing MoneyGram to Use Its Solutions
Ripple is more or less the most controversial blockchain firm in the cryptocurrency space. This is why it’s not a surprise that the company keeps getting slammed with class-action lawsuits. Many people in the cryptocurrency community have argued that Ripple’s solutions don’t provide any value to individuals or organizations. They argue that if Ripple didn’t pay these companies, none of them would use its solutions.
XRP (XRP) Price Today – XRP / USD
#
Name
Price
24H %
3
XRP(XRP)
$0.2142
-0.21%
MoneyGram is just one of the many companies and executives that always receive bogus compensations from Ripple. However, the company doesn’t see these incentives as bribes or even as payments. They categorize them as money for contra expense and market development fees related to the significant volume of foreign exchange that they perform on the platform.
The tokens MoneyGram received in the first quarter of the year is more than what they received in the 3rd and 4th quarter of 2019 which was 11.3 million. Each time MoneyGram receives XRP tokens, they sell them off instantly because they don’t hold tokens for long.
Ripple News Today – Ripple XRP Price Holds the Support at $0.22 While the Market Corrects Lower
Following the Bitcoin bull run last week, the price of XRP was able to set monthly highs above the $0.22 level. It didn’t rally at Bitcoin’s pace but it did better than it has been doing for months. Shortly after the price rally, all the tokens started to fall against the USD in a market-wide correction. At the time of writing, XRP was correcting lower. It was trading at $0.221091. It was up by 1.58% against the USD and down by 1.20% against the price of Bitcoin BTC. The trading volume over a 24 hour period is $2,037,537,815 and the market capitalization is $9,752,948,783. The token is losing upward momentum, it’s possible that the $0.22 level will hold for the rest of the weekend. Falling below this support at $0.22 is going to lead to lower lows for XRP.
Ripple News Today – Ever since MoneyGram partnered with Ripple in June 2019, both firms have reportedly enjoyed mutual benefits from the partnership. However, it would appear that MoneyGram for the better part of the deal. According to the latest Ripple news, MoneyGram has received over 16.6 million XRP tokens as an incentive from Ripple. The tokens were sent as compensation to MoneyGram for using the solutions provided by RippleNet.
Ripple News Today – Is Ripple Bribing MoneyGram to Use Its Solutions
Ripple is more or less the most controversial blockchain firm in the cryptocurrency space. This is why it’s not a surprise that the company keeps getting slammed with class-action lawsuits. Many people in the cryptocurrency community have argued that Ripple’s solutions don’t provide any value to individuals or organizations. They argue that if Ripple didn’t pay these companies, none of them would use its solutions.
XRP (XRP) Price Today – XRP / USD
| # | Name | Price | 24H % |
|---|---|---|---|
| 3 |
|
$0.2142 |
-0.21%
|
MoneyGram is just one of the many companies and executives that always receive bogus compensations from Ripple. However, the company doesn’t see these incentives as bribes or even as payments. They categorize them as money for contra expense and market development fees related to the significant volume of foreign exchange that they perform on the platform.
The tokens MoneyGram received in the first quarter of the year is more than what they received in the 3rd and 4th quarter of 2019 which was 11.3 million. Each time MoneyGram receives XRP tokens, they sell them off instantly because they don’t hold tokens for long.
Ripple News Today – Ripple XRP Price Holds the Support at $0.22 While the Market Corrects Lower
Following the Bitcoin bull run last week, the price of XRP was able to set monthly highs above the $0.22 level. It didn’t rally at Bitcoin’s pace but it did better than it has been doing for months. Shortly after the price rally, all the tokens started to fall against the USD in a market-wide correction. At the time of writing, XRP was correcting lower. It was trading at $0.221091. It was up by 1.58% against the USD and down by 1.20% against the price of Bitcoin BTC. The trading volume over a 24 hour period is $2,037,537,815 and the market capitalization is $9,752,948,783. The token is losing upward momentum, it’s possible that the $0.22 level will hold for the rest of the weekend. Falling below this support at $0.22 is going to lead to lower lows for XRP.
