{"id":376079,"date":"2019-03-26T19:00:35","date_gmt":"2019-03-26T19:00:35","guid":{"rendered":"https:\/\/wncen.com\/?p=376079"},"modified":"2024-06-11T21:14:41","modified_gmt":"2024-06-11T21:14:41","slug":"will-ripple-xrp-bulls-of-jan-30-flow-back-and-prop-dropping-prices","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/will-ripple-xrp-bulls-of-jan-30-flow-back-and-prop-dropping-prices\/","title":{"rendered":"Will Ripple (XRP) Bulls of Jan 30 Flow Back and Prop Dropping Prices?"},"content":{"rendered":"
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Ripple prices down 5.2 percent <\/em><\/li>\n
TaoTao exchange launching in mid-May and supports Ripple (XRP)<\/em><\/li>\n
Transaction volumes low but as prices retest main support, participation may spike<\/em><\/li>\n<\/ul>\n
After pressure from the community, CMC is listening to feedback and may adjust their methodology so that investors can have a fuller image of asset prices. At the same time, Yahoo backed TaoTao exchange will launch in mid-may and Ripple (XRP)-whose prices are down 5.2 percent, is available for trading.<\/em><\/p>\n
Ripple Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
Four months after a disastrous exposure that saw Coincheck lose $540 million worth of NEM; news began doing rounds that Yahoo was planning on investing $19 million for a 40 percent stake at BitARG, now TaoTao. Through a subsidiary, Nikkei Asian Review reported that the \u201cpurchase of BitARG shares would be made through Tokyo\u2019s YJFX, a wholly owned Yahoo subsidiary that operates foreign exchange transaction services\u201d and the exchange planned to \u201cservice operation and security expertise of the Yahoo Japan Group.\u201d<\/p>\n
Close to a year later and the exchange is launching, and aside from Ripple (XRP), TaoTao accepts other liquid coins including Bitcoin and Litecoin. The exchange will launch in mid-may, but pre-registration is on-going and ends on April 17.<\/p>\n