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, 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 favour 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, LTC, BCH Price Analysis For 22-26 of July

22 Jul 2019 4 minute read CryptoChartWizard91 $11.28 tipped

The cryptocurrency markets have been falling this month after going on an epic surge during May and June 2019. With Bitcoin falling and creating lower lows it felt like a good time to provide a quick overview of the top 5 projects! Bitcoin Bitcoin ha...

My 3 TOP Crypto Picks With 10x Growth Potential in 2020

1 Jul 2019 4 minute read Adamic0 $10.38 tipped

The market is looking good again and I can almost hear the cheers from all of the investors who have been waiting an ungodly amount of time to see Bitcoin go even a bit closer to the all-time highs of 2017. Well, it’s gone down a bit since the last f...

Top 3 Coins Under $1 That Can Go Really Big by 2020

9 Jul 2019 3 minute read Chenhuang_defi $7.22 tipped

Today, the market is going up and Bitcoin is nearing $13,000. This is both good and bad in my mind. A part of my mind is happy that the market is going up (obviously) but the other is frustrated with the ups and downs. The price really needs to stabi...

Bitcoin Went Below $10K Because of this? IRS Is Chasing Mom and Pop Crypto Investors

3 weeks ago 1 minute read Adamic0 $6.23 tipped

So there’s one big bit of news that’s been worrying American crypto investors over the past week - the IRS is sending notices to investors asking them to pay for all of their back taxes for all the profits they’ve earned from investing in it. Notices...

Top 5 Potential Moonshots

1 week ago 6 minute read paulOf91 $5.64 tipped

With altcoins struggling it is safe to say that Bitcoin is the only space-bound project that is on a bull run at this moment in time. However, we must never forget that the altcoin industry is still far from defeated as the development teams behind m...

4 Important Crypto News You Might Have Missed in July

4 weeks ago 3 minute read Ed-california $5.26 tipped

The crypto news cycle operates at such a rapid pace that I thought it might help to round everything up neatly at the end of the month. So here’s a roundup of this month’s major crypto news for all of the biggest tokens.  Bitcoin (BTC) Bitcoin’s mos...

BTC, ETH, XRP, LTC, BCH Price Prediction for August 2019

3 weeks ago 6 minute read CryptoChartWizard91 $5.12 tipped

Finally, the cryptocurrency markets have started to show the initial signs that this period of recent consolidation may have come to a close. With August upon us, I felt it was time to update my last predictions so here are my price predictions for t...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Seven - UP 74%

2 weeks ago 4 minute read starthere $4.91 tipped

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. I then repeated the experiment on the 1st of January 2019. Think...

Can Ripple and Ethereum Co-Exisit In 2027 Or One Of Them Will Be Gone?

22 Jul 2019 1 minute read Gustas_X_R_P $4.83 tipped

The next 5 or so years is going to be pivotal period for the major cryptocurrencies that have already established themselves in the market. I'm not talking about the new projects that have just been formed or those projects which are researching solu...

Recent Lawsuit Against Ripple Explained

1 week ago 1 minute read Brawnd0 $4.76 tipped

Bitcoin proponent Tone Vays has said that Ripple is about to face some severe scrutiny from the United States Securities and Exchanges Commission. Vays hosts the Bitcoin Law Review podcast, and has worked on Wall Street. He tweeted on August 13, sayi...