FREE now SUBSCRIBE Invalid email Make the most of your money by signing up to our newsletter fornow We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights.

Ripple prices are down today on their Monday high, opening on the markets at $0.92, according to CoinMarketCap.com. XRP prices rallied around rumours of Coinbase support on Monday morning, climbing as high as $1.08 by midday – the highest Ripple price since February. But Coinbase pushed back against the rumours, denying any plans to adopt Ripple into its services. It has since announced that it wil be launching a crypto fund instead for investors. Here is the latest Ripple price, expert analysis and cryptocurrency news. All times GMT.

Wednesday March 7

10.03pm: XRP regains some lossesRipple XRP has begun rising again after dropping to its lowest value for a month. XRP was valued at $0.88 at 9.49pm with a total market cap of $34,396 billion. 7.50pm: Ripple slide continues tonight as all major cryptocurrencies remain in red XRP has been slumping all afternoon and is now at its lowest price for the last month. The digital token dropped to $0.84 at 7.29pm, with a total market cap of $33,148 billion, according to CoinMarketCap. This is a drop of 9.3 percent over the last 24 hours, with XRP not reaching this low since it dropped to $0.82 on February 9. XRP is not the only cryptocurrency performing badly today with Ethereum and Bitcoin also diving in price. Bitcoin fell to a week and a half low today after the US Securities and Exchange Commission warned of "potentially unlawful" systems that trade crypto-currencies, which investors may use with an unearned sense of safety. At 7.39pm, it was down 8.77 percent to $9,835.64, according to CoinMarketCap. It fell as low as $9,450 earlier on Wednesday, which was the lowest since Feb. 26. Meanwhile, Ethereum was down 9.2 percent, with a value of $739.89 at 7.29pm. 7.30pm: Twitter in crackdown to stop its users being victims of crypto fraud Twitter is taking measures to prevent cryptocurrency-related accounts from running scams on its platform, the company said today. In a statement, Twitter said: "We're aware of this form of manipulation and are proactively implementing a number of signals to prevent these types of accounts from engaging with others in a deceptive manner.” The news comes after a Twitter account, posing as SpaceX CEO Elon Musk, targeted fans by claiming to be giving away cryptocurrency last month. It has now been suspended. Facebook is also banning ads promoting financial products and services tied to cryptocurrencies and initial coin offerings. 5.20pm: Zip Remit now accepting XRP for official transactions A Canada global money transfer company is the latest to accept Ripple XRP for payments. In a Twitter announcement, Zip Remit said on March 1: “Using #xrp from @Ripple is revolutionizing the way our entire business operates. For years our team parked huge amounts of capital globally to deliver the services our clients expected. Now we can move money like information, that's game changing." 3.45pm: Price update - Ripple at $0.90 XRP was at $0.90 at 3.39pm, with a total market capitalisation of $35,598 billion. The cryptocurrency appears to still be languishing after Coinbase's announcement yesterday about a new index fund ruled out any hope of XRP being added to the digital currency exchange. 3.30pm: Kat Hopps takes over live reporting from Sebastian Kettley

3pm: $25milllion in bitcoin to be auctioned by US Marshals A small bitcoin fortune will go under the hammer on March 18, when the US Marshals Service auctions off nearly $25million worth of the popular virtual currency. The auction will consist of 14 separate blocks, with two blocks of 500 tokens, 11 blocks of 100 tokens and once block of just 70 tokens. The bitcoin are being auctioned off after being confiscated in connection with “various federal criminal, civil and administrative cases”. The US Marshals Service said: “This sealed bid auction is for approximately 2,170 Bitcoin. “The required deposit to participate in this auction is $200,000.00 USD.”

1.36pm: Mt Gox crypto exchange CEO reveals what it felt like to be hacked Mark Karpeles, CEO of hacked crypto exchange Mt Gox which lost £4.5 billion worth of customer crypto tokens, shared what it felt like to be hacked. Mr Karpeles said: "I would say it's probably very close to like when you're falling from a building. "Obviously, the floor [was] getting close. It felt like I was about to die." At the height of tis popularity, Mt Gox was the world’s most popular bitcoin exchange, before it fell pray to ruthless hackers. After the cyber attacks were discovered in 2014, the company went bankrupt. 12.35pm: Unsure Ripple support shows signs of future breakdown, claims analyst Finance analyst and DailyFX contributor Paul Robinson expressed concerned Ripple is standing on unsure footing. He said: “For about two weeks Ripple sat on support surrounding 87-cents, giving reason to believe it would give-way to sellers without a bounce. “However, we saw a quick flip higher on 3/4, but XRP/USD was quickly swatted lower, bringing big support back into play again. “The jab higher and return to support further increases the risk we will soon see a breakdown. If this turns out to be the case, then the 200-day around 66-cents and January 2017 trend-line (in confluence with one another) will be targeted. “Like Ethereum, the larger target is the apex of the wedge formed during last year, which doesn’t arrive until all the way down around 25-cents.”

COINDESK Ripple price LATEST: The token is trading steadily today below $1 per token

8.10am: Ripple develop blockchain payment app with Japanese banks A total of 61 Japanese banks have partnered with the US crypto company to develop a new digital cash transfer app. The new mobile app will allow users to send funds to other bank accounts in the country, Ripple confirmed today. The first round of beta testing is expected to start next month and the first three banks, SBI Sumishin Net Bank Ltd., Suruga Bank Ltd. and Resona Bank Ltd, will implement the feature by next year. According to Takashi Okita, CEO of a joint venture between Ripple and Sumishin’s parent company SBI Holdings Inc, the MoneyTapp app will create “faster, safer and more efficient” payments. 7.05am: Ripple’s XRP joins Greyscale Investments Cryptocurrency investors Greyscale Investment announced the launch of four new Investment Trusts for XRP, Bitcoin Cash, Litecoin and Ethereum. Michael Sonnenshein, managing director at Grayscale said: “We are thrilled to expand Grayscale’s offerings to meet rising investor demand. “Our team is committed to bridging the gap between the global investment community and the digital currency asset class. “We remain focused on product creation and will continue to launch more single-asset and diversified products to provide exposure where investors are looking for it.” The news follows the company’s announcement earlier last month of launching a fund based n the cryptocurrencies with the largest market capitalisations. 7am: Sebastian Kettley takes over live reporting from Dan Falvey.

COINMARKETCAP Ripple price LATEST: XRP is floating below the $1 mark today

6.01am: US judge say Ripple can be regulated A US district judge has said that Ripple and other cryptocurrencies can be regulated as commodities by the U.S. Commodity Futures Trading Commission. It is the first step to regulate digital currencies in the US. 2.06am: Who can invest? Asiff Hirji, President and Chief Operating Officer for Coinable, has said that at the moment only US residents will legally be able to invest in the new product. He argued SEC oversight was responsible for the decision. 12.52am: Price begins to recover Ripple’s price has began to recover since its initial tumble after the announcement about Coinbase. It is currently worth $0.9286.

coingecko Ripple's price has began to recover

Tuesday March 6

11.54pm: New coinbase product only for accredited investors Coinbase are only opening their product to accredited investors after warnings from the US Securities and Exchange Commission (SEC) who are concerned about cryptocurrency financial products. Dalia Blass, the US Securities and Exchange Commission Director of investment Management,said: “There are a number of significant investor protection issues that need to be examined before sponsors begin offering these funds to investors.” Dan Falvey takes over live reporting from Kat Hopps 10.55pm: Coinmarket will set up new subsidary to oversee index fund Coinbase has formed a subsidiary called Coinbase Asset Management to oversee the new Coinbase Index Fund, product lead Reuben Bramanathan told Reuters. The fund will give investors exposure to all assets listed on Coinbase’s institutional exchange, GDAX, weighted by market capitalization, Bramanathan said. Whenever a new asset is listed, it will be automatically added to the fund. He said: “We’re seeing strong demand from our customers and the market generally for a passive investment management product.” 10.35pm Coinbase announces the launch of a new index fundCoinbase, the world's largest cryptocurrency company, has announced it is launching a new index fund open to US accredited investors. Coinbase, the world's largest cryptocurrency company, has announced it is launching a new index fund open to US accredited investors. Coinbase's President & Chief Operating Officer Asiff Hirji told CNBC in an interview on its “Fast Money” programme at 5.30pm ET (10.30pm GMT) that the company would launch a crypto-focused index fund for investors with a specified net worth. The launch marks the $1.6 billion company's first foray into asset management and will be weighted by market capitalisation. There had been hopes that XRP would be added but this rumour has now completely been quashed. XRP fell shortly after the annoucement but quickly regained form to steady itself to $0.94 10.15pm Coinbase announcement still pending but XRP price rockets The "major announcement" on Coinbase is still to be revealed but XRP has shot up to $0.96 in anticipation over the last twenty minutes. 8.27pm: Wu-Tang Clan rapper's son to launch own cryptocurrency The son of the late Wu-Tang Clan rapper Ol’ Dirty Bastard is launching his own cryptocurrency token. Bar-Son James aka Young Dirty is launching Dirty Coin later on this year to fund music projects. He said: “Crypto is very big. The blockchain is one of the biggest inventions of our time. “And I don’t want to be out of the party, I want to come in to the party.” The cryptocurrency is being produced in partnership between the estate of Ol' Dirty and Link Media Partners, an entertainment industry firm. Ripple price update: XRP is holding steady at $0.93. It has clawed back earlier losses and is now down only 6.82 percent on the last 24 hours.

COINMARKETCAP ipple price live: Coinmarket graph shows XRP on $0.93 at 8.09pm

6.50pm: Google searches for Bitcoin down by 40 percent after crypto price falls Google searches for Bitcoin have taken a sharp dive since the cryptocurrency peaked in price at $19,932 in December. The latest Google Trends data show searches were at their lowest level since October, down by 40 percent. Searches dropped by 80 percent in December alone, just as the price of Bitcoin peaked. The cryptocurrency has been struggling in the markets this year, indicating the decline in searches has mirrored Bitcoin’s drop in value. Ripple price update: XRP is still at $0.93 as of 6.49pm. 5.15pm: Hut 8 Mining Corp plummets in value on first day of trading Hut 8 Mining Corp declined in value on its first day of trading on the Canadian stock exchange. The cryptocurrency mining company, backed by billionaire investor Mike Novogratz, fell to C$3.51 at 11am in Toronto (4pm GMT time) after opening at C$4.70. Chief Executive Officer Sean Clark told Bloomberg TV in an interview: “We think it’s very compelling financials at this point. “This is also why many competitors are entering the market, because of the margins. “With these margins, competitors undoubtedly come in. But what makes us different is we have our chips allocated through Bitfury.” Bitfury is a blockchain technology company set up to rival leading Chinese competitors. Price update: XRP remains at £0.93, with a total market cap of $36,543 billion.

3.40pm: Cryptocurrency NEO tipped to join Coinbase along with Ripple NEO could be another digitial currency poised to join Coinbase, according to Crypto Daily writer Robert Johnson. The China-based cryptocurrency, which lies in sixth place in the market table, could be "the next addition to the growing crypto family". Speculation about Ripple and Coinbase has been rife since yesterday ahead of an apperance by Ripple founder Brad Garlinghouse later today on CBNC's Fast Money. However, neither Coinbase nor Ripple have yet to make an official annoucement. 3.25pm: Ripple in red, along with all major cryptocurrencies XRP is currently at $0.93, down 10.98 percent over the last 24 hours. Bitcoin and Ethereum are also on the slide. The latest Bitcoin price is $11,035 while Ethereum is $831.40. 3.20pm: Kat Hopps takes over live reporting from Sebastian Kettley 2.52pm: Banking giant Morgan Stanley on the lookout for cryptocurrency experts Financial services giant Morgan Stanley is looking to boost its rans with several cryptocurrency oriented job openings. The Wall Street giant’s latest job postings says "knowledge of cryptocurrency is a plus." Earlier this month a note penned by the company’s executive director James Faucette, explored how bitcoin can be utilised to improve the world of finance. The note said: "Bitcoin has emerged as a growing focal point within the payments industry, both for its disruptive potential as well as the potential costs savings that blockchain may help unlock.” 2.45pm: Nexank launches new cryptocurrency payment card KryptoTech Blockchain Technologies, SL, a company specialising in the development of blockchain technologies is releasing this month a crypto payment card. The new Nexank card can be charged in Euros thanks to an internal bitcoin wallet, as well as 40 other virtual tokens including Monero, Litecoin and Ethereum. The Nexank card works very much as a pre paid MasterCard card and can be very much used like any other payment car you already have in your wallet.

COINMARKETCAP Ripple PRICE: XRP is trading just below the $1 mark

10.50am: New crypto startup hopes to harness power of Lightning Network for delicious ice cream Block and Jerry’s, a playful twist on the classic Ben and Jerry’s ice cream brand, is a new startup built solely on the still in-development Lightning Network. Founded by a group of enthusiastic college students in San Fransisco, Block and Jerry’s will delivery ice-cream around the city. Co-founder Rob Durst said: “We think that this is a motivating factor to jump into bitcoin and start playing around with the Lightning Network and getting to understand it.” Developer Jeff Tang added: “Basically we're just a household of guys who are interested in cryptocurrency and creating web applications for people.” At the moment, the comfy only accepts bitcoin for payment and it remains to be seen if the business will take off in the long run. 9am: Coinbase rumours trigger XRP price rally Ripple prices were briefly back in the green on Monday after online traders shared news of Coinbase supposedly adopting XRP support. But the rumour have so far been denied by the US-based change, which confirmed on Monday it had made “no decision” on the matter. Coinbase is a leading US cryptocurrency exchange trading bitcoin, ethereum and litecoin among others. According to CoinDesk contributor Nikhilesh De, the rumour s reached critical point after Coinbase chief operating officer and president Asiff Hirji announced his appearance alongside Ripple chief executive Brad Garlinghouse on a special episode of CNBC's "Fast Money" later today. According to CoinDesk contributor Nikhilesh De, the rumour s reached critical point after Coinbase chief operating officer and president Asiff Hirji announced his appearance alongside Ripple chief executive Brad Garlinghouse on a special episode of CNBC's "Fast Money" later today.

GETTY•COINDESK Ripple price latest: XRP's price was boosted by rumours of Coinbase adopting Ripple support