Altcoins News

Story: Ripple On-Demand Liquidity – Ethereum Istanbul Early Arrival

By Steven Anderson

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The payment messaging system of Ripple has been branded as xCurrent and considering the On-Demand Liquidity Ripple seems to have renamed the technology.

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A message about using On-Demand Liquidity read thus: "International payments, particularly in emerging markets, require that businesses hold pre-funded accounts in their…

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While any financial institution on the network enjoys reliable, instant and lower-cost transactions, those who use the digital asset XRP to source liquidity can do so in…

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The API solution of the company is made in a way to move money in and out of the emerging markets. However, Ripple has not commented on these changes.

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XRP had an active recovery on Monday, and the token has moved into a new momentum.  The strong resistance for the symbol is seen at $0.02600.

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The price of the ETH is looking to break the $185 resistance, and this is important if the token should trend higher in the forthcoming sessions.

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There was a corrective increase seen in the price of the ETH above the $170 level versus the USD. The MACD for ETH/USD is losing momentum in the bullish zone.

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The Istanbul upgrade of Ethereum has arrived early. 

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Hudson Jameson, Ethereum Foundation community manager, tweeted:  “This is what testnets are for! Be aware that Ropsten will be unstable until this all plays out.”

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This was initially expected to happen on October 02, 2019, but this happened a couple of days earlier on Sept. 30 at roughly 3:40 a.m. UTC.

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The hard fork caught several miners off guard due to early arrival, and several miners are continuing to use the outdated chain.  Others are using the upgraded chain.

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The recovery of the price of ETH towards $200 is a possibility for as long as the price sustains beyond the $170 mark. Initial resistance by the Bollinger band is seen at $184.

The Currency Analytics

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