Ripple Reveals Crucial 54% Sales-Spike with Institutions Buying XRP

Ripple, the company behind the development of XRP, the third most valuable crypto asset in the global market, officially released its Q1 2019  XRP markets report. The document indicated Ripple sold $169.42 million from January to March and institutional sales accounted for $61.93 million, more than 36 percent of all its sales. Quarter-over-quarter, Ripple saw a 54 percent surge in institutional investment, indicating an overall rise in demand for crypto from institutional investors. Bad Year So Far For Ripple and XRP? XRP saw a three-fold gain at the start of the fourth quarter in 2018. But, as the market began

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from Altcoin News – CCN http://bit.ly/2UYebLi