Ripple (available on Binance) (XRP), Stellar (XLM), and Litecoin (available on Coinbase) (LTC) all have big news for us, but the coins are still struggling on the market today. Find out what’s going on.
Ripple (available on Binance) (XRP)
Ripple (available on Binance) is currently selling for $0.574585, putting the coin down 3.80% in the past 24 hours.
Source: CoinMarketCapA lot has been going on with Ripple (available on Binance) lately, yet the news isn’t helping XRP’s growth right now. The coin looks like it may continue dropping for the next few hours, based on CoinMarketCap’s chart data.
XRP is joining the digital payments startup Uphold. Uphold will now support the buying and trading of Ripple (available on Binance). XRP will be able to be exchanged without fees and will be able to be traded with any of Uphold’s existing offerings, which include seven cryptocurrencies, including Bitcoin (available on Coinbase) and Ethereum (available on Coinbase), along with 23 fiat currencies, and even four precious metals.
Uphold is also planning to allow direct deposits and withdrawals of XRP, which is set to launch in the next few weeks.
In other news, Ripple (available on Binance) donated $29 million in XRP to DonorsChoose.org to help fund school supplies for students in the U.S. public school system. There was much hype around this, the news even ending up on The Late Show with Stephen Colbert.
Join @StephenAtHome and @JonBatiste in celebrating this big announcement from @DonorsChoose and @Ripple (available on Binance): $29M for classroom projects! #DonorsChoose pic.twitter.com/Q2Y8xhZb1w
— The Late Show (@colbertlateshow) March 28, 2018
Despite all this, Ripple (available on Binance) is currently trending down with much of the rest of the crypto market. Why? Well, Ripple (available on Binance)’s donation is great, but unlikely somETHing that will get people buying XRP. As for the Uphold news, which you would think would be encouraging to buyers, this might be somETHing that has more of a long-term effect on Ripple (available on Binance)’s price. But I suppose we can only wait and see.