Generative Data Intelligence

Tag: Digital Euro

Digital Asset Winter Forecast 2022-2023 (Sean Salloux)

Recent industry activity and the key indicators behind digital asset adoption rates for 2023. Digital assets are more prevalent and accessible than ever before, but,...

Why the ECB should embrace Crypto instead of pushing for the Digital Euro

The European Central Bank’s (ECB) announced they were launching an investigation phase of the Digital Euro project in 2021. In the wake of this,...

Bank of Japan to Launch Digital Yen Pilot Program Next Year

The Bank of Japan is preparing to run a test trial of its own central bank digital currency (CBDC), the digital yen, with...

Digital Euro Would Not be Used for Commercial Purposes: Christine Lagarde

Christine Lagarde, the President of the European Central Bank (ECB), has given her word that the proposed Central Bank Digital Currency (CBDC) for the...

FinTech Futures: Top five stories of the week – 23 September 2022

Here’s our pick of five of the top news stories from the world of finance and tech this week. European Central Bank picks five partners...

Jeff Bezos Amazon Among 5 Partners to Design Digital Euro Prototype

The European Central Bank (ECB), has confirmed Jeff Bezos's tech company AMAZON,  as part of the five partners to design a digital euro prototype.  ECB...

ECB Selects Amazon, Nexi, Others for Digital Euro Prototype Excercise

The European Central Bank (ECB), the apex bank of the 19 European Union countries that have adopted the euro, has selected five companies to...

XRP Price Prediction 2022-2026-Will XRP Price Hit $2 by the end of 2022?

XRP Price Prediction

XRP was created as the native token of fintech company Ripple to reduce the cost of transactions in cryptocurrencies and to act as an alternative mode of payment to the universal Society for Worldwide Interbank Financial Telecommunication (SWIFT). It ensures that transactions are completed within 3-5 seconds through its adoption of validators that are made up of Ripple, financial institutions, and universities. The cost of transactions on the Ripple platform using XRP is lower when compared to fees paid in doing transactions on Bitcoin and Ethereum platforms. What is XRP? XRP is the cryptocurrency token that is used on Ripple’s products such as Ripplenet and XRapid. It is open-source and runs on the XRP ledger. XRP is the only cryptocurrency that can be used in carrying out transactions on the XRP ledger, while any other cryptocurrencies can be used on Ripplenet’s platform. Transactions on the XRP ledger (XRPL) are almost instant and cost fractions of the U.S dollar. XRP was launched The XRP ledger is a decentralized public blockchain that is owned by the global developer community. Let’s see the XRP price prediction for the coming years. Price Analysis of XRP token? Flashback: Fundamental Analysis of XRP The recent ban imposed on Russia by the U.S and the European allies that would remove it from operating with SWIFT has increased the price of XRP by over 10% in less than 72 hours since XRP enables users to carry out cross border remittance within seconds through its XRapid product and Ripplenet platforms. Also, Ripple entered into a partnership with Modulr Technology, a leading payment platform in the U.K and Europe. This will help in ensuring seamless transactions to their customers with the XRP token. One of its subsidiaries, Trust Payments is a major beneficiary of the deal. In another partnership news, XRP parent company Ripple, partners with the Digital Euro Association (DEA) to ensure sharing of knowledge in their plan to launch Central Bank Digital Currency (CBDC) by 2023. Furthermore, STASIS a leading provider of stablecoins has said that it would be launching its EUR stablecoin on the Ripple platform due to its low cost of transactions and speed of completion. The section below outlines the XRP price prediction for the next five years. XRP Price Prediction 2022 By the end of the first quarter of 2022, the price of XRP is expected to be at least $0.81. This price is expected to rise to about $0.9 in the second quarter and stay between $0.85 and $0.92 by the end of the second quarter. However, the price of XRP could drop to about $0.7 in the third quarter but is expected to be within a price range of $0.72 to $0.8 by the end of the third quarter. In the last quarter of 2022, the price could rise to $1 but it could end the year at a price of $0.95. XRP Price Prediction 2023 By the end of the first quarter of 2023, the price of XRP could reach $1.2. The price could plummet to $0.98 in the second quarter but is expected to stay in the range of $0.8 and $1.3 by the end of the second quarter. In the third quarter of 2023, the minimum value of XRP could be $1 while the maximum price could be $1.5. By the end of December 2023, XRP could trade at a minimum price of $1.4. XRP Price Prediction 2024 The price range of XRP in the first quarter of 2024 is between $1.35 to $1.6. By the end of the second quarter, it could at a price of $1.7. By the end of the third quarter and the fourth quarter, it could trade at a price of $1.8 and $2 respectively. XRP Price Prediction 2025 In the first quarter of 2025, XRP price could break its present all-time high price of $3.84. By the end of the second quarter, it could trade at a price of $4 at least. By the end of the third and fourth quarters, its price should be $4.2 and $5 respectively. XRP Price Prediction 2026 By the end of the first, second, third, and fourth quarter of 2026, the price of XRP should be $6, $6.5, $7, and $10 respectively. XRP Price Prediction: Market Sentiment XRP price prediction by well-known media platforms is explained in the sections below: Gov Capital According to Gov Capital, the price of XRP could reach $1.24 by February 2023 and $5.3 by February 2027. PricePredictions According to Price predictions, the price of XRP could reach $0.89 in 2022 and $2.75 by the end of 2025, and $16 by 2030. DigitalCoin According to DigitalCoin, the price of XRP could reach $0.98 by 2022, and $1.16 by 2023. By the end of 2025 and 2030, the price of XRP could reach $1.41 … Continued

The post XRP Price Prediction 2022-2026-Will XRP Price Hit $2 by the end of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Private Banks Propose to Help Design Digital Currency in Mexico

MexicoPrivate banks in Mexico want to join efforts with the central bank of the country in the creation of a new digital currency. The president of the Mexican Bank Association (ABM) met with the governor of the Bank of Mexico to offer the help of the group of private banks for the creation of a […]

Crypto Assets Conference 2022A | April 4 till April 6, 2022 | Frankfurt School of Finance & Management

Organized by the Frankfurt School Blockchain Center, the sixth Crypto Assets Conference (CAC) will take place from April 4 until April 6, 2022. Digital assets have been experiencing a significant boost in popularity on both private and institutional levels in recent years. This comprises a wide spectrum of crypto topics, like Bitcoin, Decentralized Finance, NFTs, … Continue reading "Crypto Assets Conference 2022A | April 4 till April 6, 2022 | Frankfurt School of Finance & Management"

The post Crypto Assets Conference 2022A | April 4 till April 6, 2022 | Frankfurt School of Finance & Management appeared first on CryptoCurrencyWire.

Will Ripple’s Sprawl With CBDCs Compel The SEC To Reconsider The Lawsuit? XRP To $1 This February?

SEC-vs-Ripple

The post Will Ripple’s Sprawl With CBDCs Compel The SEC To Reconsider The Lawsuit? XRP To $1 This February? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

   The coin market has been wishful of the industry rising out of the ails. That have been limiting the growth prospects of the space. While the business holds numerous limitations, one of the major shortcomings that has been collaring is regulatory clarity. Which has also resisted non-crypto investors flocking in. Regulatory clarity and Ripple go …

Ripple Partners With Digital Euro Association to Work on CBDCs

On Friday (February 11), the Digital Euro Association (DEA) announced that it was “delighted” about a new partnership with FinTech firm Ripple. The Digital Euro Association (DEA) is “a think tank specializing in central bank digital currencies (CBDCs), stablecoins, crypto assets, and other forms of digital money.” Its mission is “to contribute to the public […]

Latest Intelligence

spot_img
spot_img
spot_img