Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
Ripple Prices Keep Climbing as Investors Wait for Significant Announcement 
https://mney.co/2gi0xwi
Required Please enter the correct value.
Twitter

Ripple Prices Keep Climbing as Investors Wait for Significant Announcement 

By Garrett Baldwin, Executive Producer, Money Morning • October 6, 2017

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

Garrett BaldwinGarrett Baldwin

Ripple prices have been climbing this past week as growing excitement surrounds Ripple's "Swell" conference in Canada on Oct. 16, 2017.

In a Quora question-and-answer session on Oct. 3, a user asked Ripple CEO Brad Garlinghouse if there would be any "significant announcements" during the event.

Ripple pricesGarlinghouse said there would be, and that the event could be live-streamed on Ripple's website.

Below is a recap of the top cryptocurrency prices at 12:30 p.m. EDT.

  • Bitcoin: $4,377.15, +1.41%
  • Ethereum: $300.74, +2.07%
  • Ripple: $0.23, +2.57%
  • Bitcoin Cash: $367.41, +2.34%
  • Litecoin: $52.39, +1.78%

Now that we know all of today's price movements, here's what has been moving these cryptocurrencies...

Cryptocurrency Markets Today

On Friday, the total market capitalization of the global cryptocurrency sector rose to $147.9 billion

Top performers from the largest 50 cryptocurrencies by market capitalization included Stellar Lumens (up 43.62%), Iconomi (up 22.09%), ChainLink (up 13.88%), Zcash (up 6.02%), and Gnosis (up 7.83%).

The worst performers from the top 50 largest cryptocurrencies by market capitalization included Walton (down -8.97%), Kyber Network (down -7.45%), Binance Coin (down -6.12%), Cardano (down -5.22%), and IOTA (down -5.04%).

Bitcoin Traders Eye SegWit2x

Bitcoin prices pushed toward $4,400 per token as traders continue to monitor the development of SegWit2x. This morning, Bitfinex announced that it was creating another pair of tokens that allows users to bet on the potential split of the Bitcoin blockchain when the protocol is implemented in November.

Meanwhile, Bitcoin.org is planning to denounce SegWit2x next Wednesday at noon.

The company will post a banner on every one of its webpages warning readers about the risks associated with the controversial hard fork.

Trending: The Bitcoin Gold Hard Fork Explained

The company is also planning on listing all of the companies that are supporting S2X. The company warned that "S2X claims to have replay protection, but their version requires extra manual steps in order to prevent loss of BTC. If you use S2X software without careful engineering, you are likely to lose any associated BTC."

Ethereum Prices Finally Cracks $300 Again

The Ethereum price topped $300 on Friday thanks to increased buying in the Korean markets.

The price followed Bitcoin higher and broke through the key psychological barrier after a week of trading in a range between $280 and $300.

Another Central Bank Plans Regulation

Singapore's central bank is the latest to announce plans to regulate the cryptocurrency sector.

The Monetary Authority of Singapore issued a statement saying that it was considering a framework to target Bitcoin payments and initial coin offerings.

"Virtual currencies can go beyond being a means of payment, and evolve into 'second generation' tokens representing benefits such as ownership in assets, like a share or bond certificate," said Tharman Shanmugaratnam, the deputy prime minister of Singapore.

Editor's Note: Never miss a single cryptocurrency update again. Get free, real-time alerts sent to your inbox by clicking here.

Follow Money Morning on Facebook, Twitter, and LinkedIn.

Join the conversation. Click here to jump to comments…

Garrett BaldwinGarrett Baldwin

About the Author

Browse Garrett's articles | View Garrett's research services

Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.

… Read full bio

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info

wpDiscuz