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.


How to accept Ripple as Payment?

13 Jul 2021 3 minute read 1 comment NOWPayments

July 13, 2021 by NOWPayments.io Everyone who faces the need to make a cross-border transaction knows that it is not always as fast and low-fee as you want it to be. Thankfully, there is Ripple — a digital network that provides a better international...

Legal Expert Reveals the Danger of XRP and Other Cryptocurrencies in the SEC Book

12 Jul 2021 2 minute read 0 comments FxCryptoNews

As we’ve seen time and time again, a handful of cryptocurrencies are in the U.S. Securities and Exchange Commission (SEC) bad book. The results are usually disastrous for digital assets, their founders and investors. With the long-term battle between...

How a joke coin could become a top coin (and conversely)

12 Jul 2021 1 minute read 2 comments Cryptofab

I've never liked XRP: too much centralized, not in sync' with crypto philosophy. However, the upcoming launch of Flare Network, for which there was an XRP-based airdrop seven months ago, might pump XRP higher. Furthermore, it seems that XRP will be r...

No One Will Tell You About This Huge Bullish Setup Of Ripple (XRP)

11 Jul 2021 1 minute read 0 comments moon333

  Powerful support structure:The price action of XRP dropped with a strong bearish move and found strong support at $0.60. This support level previously has been working as a very strong resistance. There is also a very strong support zone from $0.6...

XRP and anothers Reflection#6

8 Jul 2021 1 minute read 0 comments Bill DLucas

Hello everybody. Let's talk a little bit about XRP. When I decided to invest in digital currencies, I looked for the most renowned and valued ones. It's the usual. I came across XRP and approved of its character from the start for obvious reasons; it...

The Crypto Round-Up: July 7th, 2021

7 Jul 2021 1 minute read 0 comments coinpass Global

  50 US Banks To Soon Offer Bitcoin Purchases to 24 Million Customers    Approximately 650 banks in the United States will be allowing Bitcoin purchases to their roughly 24 million clients. Thanks to the deal between payments giant NCR and NYDIG, it...

7 Best Cryptocurrency Exchanges for Canadians

6 Jul 2021 4 minute read 1 comment DonairFinance

In Canada, there are numerous trustworthy crypto exchanges accessible for occupants to buy, swap, and sell advanced resources. It tends to be a troublesome errand for amateurs to discover an exchange that is the right fit with such countless choices....

XRP: THE BEDROCK OF DEFI SPACE

5 Jul 2021 1 minute read 0 comments ELEVATED1000X

  XRP dominating DEFI space as it leads the old financial infrastructure into the new financial infrastructure as the underlying digital asset. XRP strategically placed within the ISO 20022 Standard ecosystem and part of the Interledger protocol fam...

SBI Partners With Hamamatsu Iwata Bank to Use Ripple for International Transactions

2 Jul 2021 1 minute read 0 comments FxCryptoNews

SBI Remit announced a new partnership with Hamamatsu Iwata Credit Bank to use RippleNet technology for international transfers. Ripple to Operate International Transfer Services SBI Remit, a subsidiary of Japanese banking giant SBI, and Hamamatsu Iwa...

BTC, ETH, XRP, ZEC, COMP, MKR, ENJ — Technical Analysis July 1

1 Jul 2021 3 minute read 1 comment pheonixdown-dee

Bitcoin (BTC) has been increasing since rebounding from the $31,400 horizontal support area while Ethereum (ETH) has reclaimed the $2,000 support area and began an upward movement. XRP (XRP) is trading inside a descending channel and following a desc...