While the price of XRP has not been significantly high recently, there has been a lot of bullish around the digital currency. This has even got many digital asset investors worried as the bullish XRP news is suppose to push the price of XRP higher. XRP is one of the most popular digital currencies in the crypto market. It has a huge fan base and a very strong community behind it. The gigantic XRP price prediction 2019 is another factor that has attracted a lot of investors and traders to the coin.
Will the price of XRP test news highs this month? What is XRP price forecast for this month? XRP holds the third position on the list of top digital currencies by market cap. The price of XRP is expected to be significantly influenced by two fundamental factors – two recent bullish XRP news today. The first XRP news today is the addition of XRP Index to the global data platform of Nasdaq. The second is the splitting of $1 billion of XRP by ripple to the crypto market.
Nasdaq Adds XRP Index (XRPLX) to Its Global Data Platform – XRP Price Prediction 2019 – XRP News Today
Nasdaq recently announced that it will add another digital currency index as part of its partnership with Brave New Coin. According to the announcement, the index will offer real-time data on XRP, and it will go live on the 1st of May. The XRP Index will ensure that digital asset investors and traders get vital data about the price of XRP. Brave New Coin and Nasdaq said that the data will be accumulated only from digital currency trading platform with the highest liquidity volumes. Some of such platforms include Coinbase, Poloniex, Bitfinex, and others.
According to the announcement, the data will auto-renew every few minutes, and it will work with data starting from 2014. The index will be offered on the Global Index Data Service of Nasdaq. The firm already has over 4k indexes. They first partnered with Brave New Coin earlier this year. Immediately after the partnership, the added two indexes from Brave New Coin based on Ethereum and Bitcoin.
Ripple Released One Billion XRP Tokens from Escrow to the Cryptocurrency Market – XRP News Today – XRP Price Forecast
Another significant portion of XRP has landed the digital currency market from Ripple’s escrow. This was revealed by Whale Alert – a Twitter user that keeps track of large digital currency transactions. The transaction was carried out on the 1st of May. In the first quarter of this year, Ripple sold XRP tokens worth almost $170 million. The firm also released 3 billion XRP tokens, but they later returned 2.3 billion of the tokens to escrow.
XRP use case is on the increase. More firms, businesses, and industries have started adopting the digital currency. More digital asset investors are now interested in the coin. Will the price of XRP respond positively to all this bullish XRP news? Will XRP attain the short-term XRP price prediction? XRP USD price is still hovering around the 30 cents mark, it needs more bullish XRP news to break out of this level.
XRP (XRP) Price Today – XRP / USD
| Name | Price | 24H % |
|---|---|---|
 | $0.00 | -0.80% |
XRP USD live price is $0.3050 after a decrease of less than one percent over the past day. The current market cap of XRP is $12.8 billion. The trading volume of XRP over the past day is $868 million.
Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.
