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.

BTC • ETH • XRP - The Holy Crypto Trinity

2 hours ago 1 minute read 0 comments valuevision

Bitcoin: Digital Gold Limited to 21 million   Bitcoin is the number one cryptocurrency with a current marketcap of $127 B. That's about 7 times bigger than the marketcap of Ethereum. Did you know, that Bitcoin was the best performing asset of the dec...

Coinbase and Visa: Payment in cryptocurrencies

2 hours ago 1 minute read 0 comments Gamma

Visa and Coinbase are taking a step forward in this regard, placing the cryptocurrency exchange among the core members of the Visa network. This merger will allow an in-depth review of the debit card initially proposed by Coinbase. The news should so...

Is Ripple's (XRP) time finally here?

13 hours ago 2 minute read 1 comment Ghengis

JP Morgan Bank has just made a rather stunning announcement that, whilst it doesn't actually mention Ripple and XRP, it hints that it's happening. Coincidentally, Ripple has been uncharacteristically quiet this past couple of months, which has been n...

Who is behind 50% of Bitcoin Cash transactions

15 hours ago 1 minute read 0 comments Gamma

The address has accumulated $ 23,642 (81.1 BCH) since the beginning of its activity on April 8, and it has since redistributed $ 22,348 on a regular basis (in the order of 3 to 4 transactions per second) to other addresses. This mysterious investor m...

Ripple gears up: traders spot important bullish signals on XRP charts

16 hours ago 1 minute read 0 comments World Crypto

As a famous trader put it, once a year Ripple “shoots” at least 50%, and at the moment, technical charts signal a possible breakthrough. Moreover, the XRP rally can occur regardless of BTC. Is Ripple's asset finally ready to recoup its investment? C...

Top rules of Crypto Trading

17 hours ago 1 minute read 0 comments EdwinK

Being invested almost three years in the cryptomarket I've learned a lot. New players in the cryptospace can learn from my mistakes and take the following rules as my advice: 1. Only invest what you can loose (the cryptomarket is very very volitile m...

BITCOIN SV (BSV) My short term prediction UPDATE

21 hours ago 1 minute read 0 comments skyislimit

Look at first what we said before and what has happened so far "As you see from the daily chart little movement and sideways moving most of the time. Volume is little and to enough buyers to push price up It is weak. Support stays at $165 level and f...

Ripple in ongoing partnership with Bank of America

22 hours ago 1 minute read 0 comments DZ4FREE

  Headlines about a partnership between Bank of America and Ripple have been circulating many times, but most of the time it was just speculation. Much information was not made public. But if you believe the words of the Head of Global Banking at Bo...

Mass Adoption: Because the Current Fiat Model is Not Sustainable

22 hours ago 2 minute read 0 comments bettercallpaul

The Current Fiat Model is Not Sustainable by W. Paul Alexander [JACKSONVILLE, Florida | 04/03/3030] As the world economy slows and gets ready to enter into a post-COVID19 recession, Bitcoin is regaining its original losses Signs are pointing to...

LITECOIN (LTC) My short term prediction UPDATE

23 hours ago 1 minute read 0 comments skyislimit

Let's look at last prediction "Our support stays at $38 level and the last 5 days buyer is coming to market for LTC and volume going up but the price is sideways and not much up movement. Resistance stays at $43 level and if it can pass these levels...