Ripple (XRP) is the “cryptocurrency token” native to “the Ripple Network.” The Ripple network (also called “Ripple”) is an open source, peer-to-peer, real-time payment system (like Bitcoin’s blockchain or Ethereum’s network) that can be used to transfer both fiat currencies and the Ripple cryptocurrency XRP.

xRapid Explained

XRapid is a liquidity solution for banks that uses Ripple’s XRP as a bridge currency and is being developed by the company Ripple. According to Ripple, XRapid eliminates delays in global payments while also dramatically lowering their cost, thus making cross-boarder payments instant and inexpensive.

BitMEX

Bitmex is a crypto derivatives exchange that uses high leverage and margin trading and is open to many non-U.S. citizens. They have been the highest volume exchange in the 2018 bear market.

The Top Cryptocurrencies That Aren’t Bitcoin

Let’s look at some of the top cryptocurrencies that aren’t Bitcoin. Longstanding popular alternatives to Bitcoin including ETH, ETC, XRP, XLM, LTC, XMR, ZEC, NEO, and DASH. New top coins include BCH, EOS, ADA, IOTA, TRON, and ZRX.

Market Cycles in Cryptocurrency

Market cycles are a natural advent in any market. However, because the cryptocurrency market moves so quickly, market cycles are especially important to understand in cryptocurrency specifically.