The XRP price stands at $1.33 on Wednesday evening, around 2.7 percent lower than 24 hours earlier. On the same day Ripple delivered what is probably the month's most tangible distribution news: Privy, a subsidiary of payment provider Stripe since last year, is bringing embedded wallets to the XRP Ledger. Developers will be able to create accounts directly inside their own app, without a user installing a separate wallet.
The news and the price tell different stories, and that is exactly what makes the day interesting. Anyone holding XRP gets a reach story in a market that is not paying for it today. This piece places both, recalculates the usage figures Ripple cites for it, and shows the two points at which the matter becomes concrete for investors in Germany.
XRP price at $1.33: where things stand on Wednesday evening
XRP trades at $1.33, around 1.20 euros. The daily high was $1.38 and the daily low $1.33. The price therefore sits at the lower edge of its own daily range, which makes the $1.33 level not just any round number but the point at which trading is fighting out the day.
Over a week XRP is down 6.9 percent, over a...
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