Nick Chong · 16 hours ago · 2 min read
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Nick Chong · 2 days ago · 2 min read
While decentralized finance is seemingly the most exciting aspect of the crypto market, projects in the space still have relatively small valuations compared to top blockchains.
After months of stagnation, crypto bulls are back.
Digital currencies might play an important role in the years ahead, particularly as global economies recover from the ill-effects of the ongoing pandemic.
China’s regulatory approach to blockchain and cryptocurrencies is not going unnoticed, and it has caught the attention of Ripple CEO Brad Garlinghouse.
Despite strong rallies in countless altcoins, the fourth-largest cryptocurrency XRP has yet to share in the gains.
The Indian cryptocurrency market is teeming with entrepreneurs, funds, and tech know-how to create a vibrant crypto-ecosystem.
Countless crypto assets have been on a tear over the past few weeks.
Santander announced Friday it is partnering with blockchain payments protocol Ripple to bolster its presence and cross-border services to several newer regions.
XRP has been struggling to ward off the heavy selling pressure it has been facing since late-February, with its buyers being unable to spark any type of notable rebound from its mid-March lows.
Blockchain technology and digital currencies are increasingly revered as the next phase for technological advancements, alongside the usual suspects of A.I., machine learning, and drone tech.
It has been a rocky past few years for the price of XRP.
It’s been many months since PlusToken, the $2+ billion Bitcoin scam, has out of the cryptocurrency news cycle.
From the lows of March, all leading cryptocurrencies are up dramatically.
A newly-formed group of 40 startups, tech, and crypto firms is joining the Open Payments coalition — with the latter providing unique, simple to read, payment identifiers that open inter-operability between SEPA, bank, and crypto payments. Making this possible is the launch of PayID, the universal identifier solution of the Open Payments Coalition.
Chris Giancarlo, the ex-chairman of the Commodity Futures Trading Commission and now independent law practitioner, released an extensive legal study on Wednesday concluding XRP is not a security asset and can’t be treated as such.
While financial markets face turmoil this year, it’s finally looking like a moment for cryptocurrencies — if recognition and partnerships are anything to go by.
It would be a stretch to say that XRP has performed well over the past few years.
Breanne Madigan, the head of global institutional markets at Ripple (XRP) , believes that institutional money is yet to come to the blockchain industry.
Certain crypto assets have performed extremely well over the past few weeks.
Ripple’s On-Demand Liquidity (ODL) corridors have witnessed major growth and facilitated instant, cross-border fund transfers.
There’s no doubt the XRP cryptocurrency has a dedicated fan base; heck, the cryptocurrency community has fittingly branded supporters of the asset the “XRP Army.” But the altcoin has equally as many skeptics who believe the asset is intrinsically worthless, like how some see Bitcoin as an asset really worth $0.
Most top crypto assets share similar characteristics — they’re mostly decentralized, global, non-sovereign, and permissionless assets not tied to a real-world asset. Where cryptocurrencies largely differ, then, is in their monetary policy — or in some cases, their lack thereof.
An application built on XRP Ledger by a team funded by Xpring is looking to make a splash in the XRP community, courtesy of their Xumm mobile app.
Ghana’s Waya Money has seemingly teamed up with Ripple to bring instant cross-border settlements to millions of Africans in three countries if a recent update on the former’s site is considered.
The cryptocurrency market is like none other.
An Xpring report on May 13 stated XRP exchanges see increased inflow/outflow volumes whenever Bitcoin and Ethereum networks are hit by surging transaction fees and congestion.
In a first for the cryptocurrency market, a community-consensus for Ripple last week approved an amendment to the XRP ledger, allowing users to delete existing wallets.
Cross-border payments network Ripple (XRP) announced that it has become part of the ISO 20022 Standards Body, becoming its first member focused on distributed ledger technology (DLT).
The case against XRP seeing any type of near-term bullishness has grown significantly in recent times due to a confluence of dwindling technical strength and rapidly growing fundamental weakness.
In the time following the insane crypto market bull run in 2017, XRP has consistently been one of the worst-performing assets, seeing a notable 40 percent decline in 2019 while failing to track the full extent of the aggregated market’s uptrend throughout 2020.
Ripple Lab’s Q1 Markets Report for 2020, a quarterly publication detailing XRP’s growth, revealed a massive 90 percent drop in institutional token sales compared to the last quarter of 2019.
DeFi platform FinNexus and crypto exchange Bitrue announced on April 27 their joint initiative to incorporate asset tokenization services on Ripple’s XRP ledger platform and the Wanchain blockchain.
It’s no secret that XRP has been one of the worst-performing cryptocurrencies throughout both 2019 and even 2020, incurring a significant 40 percent loss against USD last year while failing to catch the full momentum seen by its peers in the early part of 2020.
Ever since the highs of the 2017-2018 bull market, XRP has not done too well.
On-chain metrics reveal that the top three cryptocurrencies by market cap—Bitcoin, Ethereum, and XRP—are bound for a bullish impulse, despite the significant gains posted recently.
XRP has seen its fair share of rallies over the past two years, but the third-largest cryptocurrency by market capitalization has been underperforming its crypto peers.
XRP is currently in the process of posting a notable rally that has allowed it to outperform Bitcoin and most other major cryptocurrencies, with the embattled token’s bulls attempting to catalyze some much-needed upwards momentum.
The price of XRP is nearing a three-year low, hovering at around $0.15.
XRP has been severely impacted by the recent market-wide downturn, with the third-largest cryptocurrency by market capitalization briefly falling behind the Tether (USDT) stable coin last week when its price plummeted below $0.10.
Tiffany Hayden, once one of the Ripple’s biggest supporters and self-proclaimed CEO of XRP, has sold off her XRP holdings due to constant attacks from the XRP community.
One key aspect that makes Bitcoin different from fiat currencies is that it is mined; those that want to mint BTC must put computational power to work and spend electricity to do so, which comes in stark contrast to fiat money, which can be infinitely printed and without much “work.” Although many say this is […]
Ripple’s close connections to XRP have long been a polarizing topic within the crypto industry, with the token’s detractors claiming that the company’s monetization of it via their quarterly sales has come at the expense of investors, while others claim that the token is an unregistered securities product.
XRP has seen some intense losses over the past week, with the cryptocurrency sliding from highs within the mid-$0.30 region into the lower-$0.20, erasing the bulk of the gains it incurred as a result of its intense 2020 uptrend.
Over the past few years, a class-action lawsuit has been building against Ripple Labs, the San Francisco-based fintech company that is known in crypto for its involvement in XRP.
XRP, like many other major altcoins, has caught the brunt of Bitcoin’s recent downturn, with the embattled crypto plummeting from its recent highs of $0.35 all the way down to its current price of under $0.25.
Since the first week of January, XRP has increased by about 50 percent against the USD.
XRP and Ethereum, two of the largest cryptocurrencies in the industry by market capitalization, could soon be interconnected and interoperable.
It’s no secret that the majority of Bitcoin’s miners are located in China, with the geographical centralization of this mining power being a go-to critique for the cryptocurrency’s critics.
In comparison to other leading altcoins like EOS, Cardano (ADA), and Ethereum, XRP is still lagging behind bitcoin even after an 80 percent rally against the USD since the first week of January.