Ripple (XRP) News, Price Predictions, Opinions and Analyses Created by Users

Ripple (XRP)

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Ripple Labs created the Ripple network and the XRP token in 2012 with the purpose of making cheaper, faster cross-border payments. Ripple was thought of by Jed McCaleb (founder of the Stellar Foundation), Arthur Britto and David Schwartz, and developed from an earlier idea called OpenCoin. 

Ripple’s specific purpose as a settlement system has seen it form multiple partnerships with banks, forming a network that has since been termed as “RippleNet”. Ripple’s extensive collaboration with banks - including cross-border pilot programs - has won favor with financial institutions in several continents, and executives from the company have been known to discuss the implementation of decentralized financial systems with high-level financial industry insiders, like the IMF’s Christine Lagarde. 

Ripple also has close ties to SBI Financial Holdings, a Japanese financial giant that is keen on leveraging the token to improve financial services in Asia. President Yoshitaka Kitao has joined the Ripple Board of Directors. This, along with the extensive efforts to help banks test cross-border payments using Ripple’s technology, has emboldened investors, who believe that Ripple will act as something of a bridge between traditional banking systems and new technologically-empowered systems. 

Ripple’s quicker settlement times compared to Bitcoin (transactions take a few seconds to get validated) and its lack of energy-intensive mining has led some people to say that it is a better means of exchange than Bitcoin itself. Having said this, Ripple is still primarily focused on becoming a new form of SWIFT, one that can assist existing banks and its customers speed up international payments.

In this tag, read Ripple (XRP) news, price predictions, opinions and analyses created by users.


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Ripple XRP GOOD NEWS - VET Chain - ADA Cardano - Brave BAT - INSTITUTIONS

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Analysis of prices BTC, ETH, XRP (10.07.20)

9 hours ago 1 minute read 0 comments InsanisFox

BTC/USD Yesterday, in the morning, the price of bitcoin consolidated in a narrow range around the level of 9360.00 USD. In the afternoon, buyers tried, on small volumes, to break above the resistance of 38.2% Fibo (9441.98 USD), but sellers responde...

Can Ripple replace SWIFT?

9 Jul 2020 5 minute read 5 comments Paolo Kolla

In 1973, in order to simplify and accelerate settlements between banks, the SWIFT (Society for Worldwide Interbank Financial Telecommunications) transfer system was created. It is a system in which banks around the world exchange data and information...

Binance's ripple tweet goes viral, sparking heated debate over the future of XRP

9 Jul 2020 1 minute read 1 comment X.Crypto.0X

Ripple is still the fourth largest cryptocurrency and therefore enjoys a certain prestige, but this position is not without controversy. In the past few weeks, the native cryptocurrency XRP had to give up its position as the 3rd largest cryptocurrenc...

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9 Jul 2020 1 minute read 0 comments valuevision

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Analysis of prices BTC, ETH, XRP (09.07.20)

9 Jul 2020 2 minute read 0 comments InsanisFox

BTC/USD Yesterday morning, trading volumes were below average and the price of bitcoin was stuck in the resistance area of ​​9300.00 USD. Sellers tried to push the price to the two-hour EMA55, but buyers were able to form a bullish momentum and brok...

Popular Analyst Announces 6 Altcoins Expected To Explode

8 Jul 2020 1 minute read 0 comments mustafa_gurbuz

Cryptocurrency analyst Nicholas Merten said that altcoins are ready to rise against Bitcoin as cryptocurrencies with large market volumes, such as Ethereum (ETH), XRP and Litecoin (LTC), are beginning to resist against BTC. Elevation Appears in Ether...

Episode 100: Green Day! Lets Do Some TA! BTC XRP ETH CRO XLM VET ADA

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