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Ripple’s price has begun at $1.02, as of 7.50am on February 22. The token had steadied at around $1.15 over the past few days, but opened today with a drop. This means Ripple is currently down -4.44 percent at the time of writing. Bitcoin and Ethereum are also down by -3.35 percent and -3.78 percent respectively in a bad day for the cryptocurrency markets.

Thursday February 22 7.10pm: XRP stays steady but fails to get past $1 mark Ripple's price continues to hover below $1 and was $0.93 at 6.59pm, with a total market cap of $36,380 billion. All the major cryptocurrencies continue to be down today, with Ripple the second-worst affected after Litecoin, which is down by 8.83 percent. 5.20pm: French watchdog says 'cryptocurrency derivatives' must be regulated French stock market regulator Autorité des marchés financiers (AMF) said in a statement today that cryptocurrency derivatives must be regulated under the European Union’s January financial reforms. In a statement, the AMF said: "Following an analysis of the legal qualification of cryptocurrency derivatives, the AMF has reached the conclusion that platforms which offer these products must abide by the authorisation and business conduct rules, and that these products must not be advertised via electronic means. "Over the past few months, the recent cryptocurrency boom has spurred several online trading platforms to offer binary options, CFDs or Forex contracts with an end-of-day maturity (rolling spot forex), where the underlying is a cryptocurrency. Such contracts allow investors to bet on a cryptocurrency’s rise or fall, without holding the underlying." 4.05pm: Ripple still below $1, down 7.64 percent Ripple remains below $1, sitting at $0.95 at 3.59pm, with a current Market Cap of $37, 158 billion. 4pm: Kat Hopps takes over live reporting from Amani Hughes 1.12pm: Ripple announces new partnerships with five banks Itaú Unibanco from Brazil and IndusInd from India - along with money remittance companies InstaReM from Singapore, Beetech from Brazil and Zip Remit from Canada, will be adopting Ripple for international payments. The banks plan t use xCurrent for real-time international transactions t financial insinuations, according to Finextra. Ripple’s head of business development, Patrick Griffin, said: “Whether it's a teacher in the U.S. sending money home to his family in Brazil or a small business owner in India trying to move money to open up a second store in another country, it's imperative that we connect the world's financial institutions into a payments system that works for their customers, not against them."

12pm: Price drops below $1 Ripple has dropped to below $1 this lunchtime, in a 7.75 percent drop. It is trading at $0.988, according to CoinMarketCap.com and the current Market Cap is $38.553 bilion.

10am: MPs to look into digital currencies MPs have launched a probe which will look into cryptocurrencies and the technology behind them. The Treasury Committee said it wants to understand the risks and benefits of digital money and the impact they have on consumers and businesses. Even though currencies such as Bitcoin have been criticised, the technology behind them has been praised. Nicky Morgan, chair of the committee, said: "People are becoming increasingly aware of cryptocurrencies such as Bitcoin, but they may not be aware that they are currently unregulated in the UK, and that there is no protection for individual investors. "The Treasury Committee will look at the potential risks that digital currencies could generate for consumers, businesses, and governments, including those relating to volatility, money laundering, and cyber-crime. "We will also examine the potential benefits of cryptocurrencies and the technology underpinning them, how they can create innovative opportunities, and to what extent they could disrupt the economy and replace traditional means of payment 8.10am: Fraudulent accounts claiming to be Ripple Ripple has issued a warning to service users there has been an increase in fraudulent account claiming to be Ripple.

We’ve noticed an increase in fraudulent accounts claiming to be @Ripple or members of the Ripple Team offering giveaways.



Be on alert - they are not official accounts. — Ripple (@Ripple) February 21, 2018

7.50am: Price of Ripple today Ripple has started at $1.02 as of 7.50am this morning. It has plunged -4.44 percent in the last 24 hours and Bitcoin and Ethereum are also in the red this morning. The day opened with Ripple standing at $1.01. It reached a peak of $1.07 on Wednesday. Amani Hughes takes over reporting from Kat Hopps.

coinmarketcap.com Ripple chart: The price of Ripple over the past 24 hours

Wednesday, February 21 10.25pm: Price update - Ripple now at $0.99 Ripple looks to be ending the day at a dismal $0.99. It is down by 9.83 percent. All the major cryptocurrencies are currently in the red with severe downturns, with Bitcoin plunging by 10.24 percent while Litecoin is doing even worse with a decline of 13.6 percent. 8.55pm: Ripple continues price nose dive There's further woe this evening for Ripple investors as XRP dipped to $1 at 20.39, a drop of 10.5 percent in the last 24 hours. Ripple last dropped below $1 on February 11. 7.10pm: Ripple announces two peer-reviewed white papers to help improve technology Ripple is releasing two white papers for peer review to increase its decentralisation and enable researchers to better upgrade the cryptocurrency’s technology in the future. Chief Technology Officer (CTO) Stefan Thomas said on Twitter: “We (@Ripple) just published a formal proof of Ripple Consensus and a new open graph consensus algorithm called Cobalt [link to Ripple] #consensus #research - Shoutout to my colleagues Ethan MacBrough and Brad Chase driving this work!” According to Coindesk, one is “describing XRP's consensus algorithm in a more formal way and the other outlining a way to improve the diversity of connections of each node, the software users run to relay and verify transactions on the network”. Mr Thomas also told reporter Alyssa Hertig: ”This is the first time we're releasing peer-reviewed academic papers. Obviously, it opens the door for future research. After this, I expect you'll hear much more about us interacting with academia." 6.40pm: Ripple claws back to $1.03 XRP remains in red this evening. The cryptocurrency was hovering at $1.03 at 18.29, having regained a tiny amount since dropping to $1.01 at 17.49. 6.30pm: Kat Hopps takes over live reporting from Vickiie Oliphant 5.25pm: Ripple drops more than 10 percent As of 17.25 on February 22, Ripple price is now down to $1.02 - a drop of 10.09 percent. Ethereum has seen bigger losses of 11.30 percent while bitcoin is down 9.13 percent. Bitcoin Cash has dropped 14.4 percent. 5.02pm: Analysts suggest Ripple could hit highs of $10 - but some believe it will push past $100 Writing for Crypto Daily, Simon Chester said: “While the consensus among most speculators is that Ripple XRP will peak at around $10 in value by the end of the year, some believe the potential for the currency to be far greater – around $100, in fact. “This is based on the idea that 27 trillion XRP is parked in transactional accounts. “On the assumption that there is a market cap of $9.8 billion in value (based on today’s figures), and a total of 39 trillion XRP available, and if transaction times are reduced from 5 days to 3 days (which would prompt greater interest in the currency), Ripple XRP could potentially hit $100 or thereabouts by the end of the year.”

GETTY Ripple price news LIVE: XRP has falling today

3.50pm: Ripple has today announced new partnerships with five banking and money transfer institutions across four different countries Banks Itaú Unibanco from Brazil and IndusInd from India along with money remittance companies InstaReM from Singapore, Beetech from Brazil and Zip Remit from Canada will be adopting different Ripple platforms. The partnership will help the firms facilitate real-time international payments. Ripple's head of business development, Patrick Griffin said: "Whether it's a teacher in the U.S. sending money home to his family in Brazil or a small business owner in India trying to move money to open up a second store in another country, it's imperative that we connect the world's financial institutions into a payments system that works for their customers, not against them." 1.48pm: Ripple still in the red as bitcoin sell-off hits Ripple’s price is now at $1.07, according to Coin Market Cap. This is a 6.52 percent drop today, with bitcoin suffering a 4.57 percent fall and Ethereum losing 6.25 percent today. Only Monero, which has a price of $3.23.73 today as of 1.50pm, is in the green out of the top 20 major cryptocurrencies with a gain of 2.2 per cent. 12.28pm: Ripple is suffering from late sales - but is not expected to hit bottom lines Late sales meant Ripple lost the trend line it had been following since February 10 as XRP price steadied just above $1. This caused today’s dip, but as FX Street notes Ripple is not now trading near the bottom limits. They said: “The most negative news is the amount of barriers Ripple should face if it is to move upwards.”

Cryptocurrency price: A year in charts Mon, March 12, 2018 Compare crypto currencies (Ripple, Bitcoin, Ethereum, LiteCoin) on value, market cap and supply for the past year Play slideshow coindesk.com 1 of 10 LiteCoin is going down with the market dip