by cointelegraph 01/25/2019
Ripple, the company behind XRP, may be overstating the digital token’s real market cap by as much as 47 percent, according to cryptocurrency data company Messari. A Hole in the Plot According to a new Messari report, the total circulating supply of XRP is 21.8 billion. This differs significantly from data provided to third-party crypto data services such as CoinMarketCap, where the displayed circulating supply is around 41 billion XRP at the time of writing
Ripple price remained below the key $0.3400 and $0.3450 resistance levels against the US dollar. There was a break below a major contracting triangle with support at $0.3245 on the 4-hours chart of the XRP/USD pair (data source from Poloniex). The pair is currently trading well below the $0.3320 support and it remains at a...
XRP has reclaimed the position of the second largest cryptocurrency by market cap from ETH just days before Ethereum’s ‘Constantinople’ hard-fork upgrade. Pre-Fork Drop On January 16th, Ethereum is scheduled to undergo a network-wide system update called ‘Constantinople’. Among other things, the implementation of the upgrade will reduce the block reward from 3 ETH/block to 2 ETH/block. Days before the event, however, Ethereum’s (ETH) price experienced a notable decline. In a matter of minutes, ETH price