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#topmarket Top Payments Tokens by Market Capitalization Listed below are top Payments crypto tokens. Payment tokens are a category of digital assets that are designed to be a decentralised payments infrastructure that can enable anyone anywhere to send and receive payments in a fast & cost effective manner. These cryptocurrencies enable various payment functions, including but not limited to, being an alternative store-of-value asset, peer-to-peer (P2P) transfers, on-ramp/off-ramp solutions for fiat-to-crypto and vice versa
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BNB Price Analysis: Can Binance Coin Hit $750 Next The BNB coin price has reclaimed its important resistance of $700 with an intraday surge of over 11%. Moreover, with a surge of ~88% in its daily trading volume, this altcoin is currently changing hands at $708.10. Notably, with the Binance coin price recent surge, will this cryp...The BNB coin price has reclaimed its important resistance of $700 with an intraday surge of over 11%. Moreover, with a surge of ~88% in its daily trading volume, this altcoin is currently changing hands at $708.10. Notably, with the Binance coin price recent surge, will this crypto token dominate the altcoin market rally this month? Let us understand the market sentiments and possible short-lived BNB coin price analysis through this article.BNB Coin Price Reclaims $700 Mark! The price of Binance token has added 11.17% to its valuation in the last 24 hours with a trading volume of $3.71 billion, a change of +87.43%. Moreover, this altcoin has surged by 21.47% over the past week, highlighting an increase in the bullish action.tradingView: BNB/USDT Furthermore, in the longer time frame, it has added 1.19% over the past 30 days and has a Year-to-Date (YTD) return of ~1%. Notably, with a market cap of $99.547 billion, it has secured the 05th position and has a market dominance of 3.1447%.The Relative Strength Index (RSI) has successfully retested its oversold range in the daily time frame. This has resulted in it recording a sharp rise toward the overbought range with its average trendline witnessing a bullish curve in the BNB price chart. On the other hand, the EMA 50/200-day displays a similar price action in the 1D time frame. This suggests that the Binance price may continue gaining value in the upcoming time.
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#XRP (Ripple) Investors Just Received More Great News From the Securities and Exchange CommissionBack in 2020, the U.S. Securities and Exchange Commission (SEC) sued a company called Ripple, alleging it was in breach of financial securities laws for the way it distributed its XRP (XRP -0.43%) cryptocurrency. The case weighed on the price of XRP for years, but the token has soared by 300% since President Donald Trump was elected last November.Simply put, the SEC plans to be much friendlier toward the cryptocurrency industry under the Trump administration. In fact, earlier this month, the regulator agreed to pause its case against Ripple with the intention of negotiating a settlement, which was great news for XRP investors.But there was even more good news announced earlier this week: The Senate officially confirmed President Trump's nominee to serve as chairman of the SEC, and he might be one of the most pro-crypto leaders the agency has ever seen.Ripple created an innovative payments networkTransferring money across borders can be slow and expensive. Some banks use the international network run by SWIFT (the Society of Worldwide Interbank Financial Telecommunications), whereas others don't, meaning they often need intermediaries for every transaction, which can slow down the process.Ripple is trying to solve that problem with the Ripple Payments network. It's designed to connect international banks with one another directly no matter what existing infrastructure they use, paving the way for instant cross-border transfers.It created XRP to standardize those transactions, and it's very cheap to use -- a single cross-border transfer costs just 0.00001 XRP, which is a small fraction of one cent.Therefore, an American bank might send XRP to an Italian bank instead of sending U.S. dollars because it would bypass much higher foreign exchange fees in the process.$
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