SBI Ripple-powered MoneyTap swells with 4 addition partners

MoneyTap now boasts of 29 banking institutions using the application.
Ripple price remains lethargic after refreshing lows towards $0.24.

John Isige FXStreet

One of the most significant Ripple partners SBI Holdings continues to push the limits for Ripple-powered MoneyTap app. The banking consortium based in Japan has announced four additional banks joining MoneyTap including Awa and Kita-Nippon. The new members bring the total number of institutions using the application to 29.

MoneyTap is an xCurrent powered platform that process transactions instantly among banking partners. The app was released in March 2018 to allow faster and cheaper fund transfers.

The platform does not use XRP to send money, however, SBI Group revealed last week that its shareholders will be sent dividends in Ripple’s token. SBI Group has been a strong supporter of Ripple and its blockchain solutions. It has predicted that XRP will be a digital asset to be reckoned with by the year 2025.

In spite of the support from the Asian banks, Ripple price remains lethargic after refreshing lows towards $0.24. The upside is limited at $0.28 with $0.255 functioning as the new pivotal level.

Author

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.